SKYWORTHDT(000810)2023-04-23 16:00Financial Performance - The total net profit for the first quarter of 2023 was CNY 111,826,813.91, a decrease from CNY 207,066,266.01 in the same period of the previous year, representing a decline of approximately 46%[10] - The operating profit for the first quarter was CNY 123,912,569.38, down from CNY 228,809,612.89 year-on-year, indicating a decrease of about 46%[10] - The total profit for the first quarter was CNY 124,343,415.50, compared to CNY 229,263,564.92 in the previous year, reflecting a decline of around 46%[10] - The basic earnings per share for the first quarter were CNY 0.1028, down from CNY 0.1958 in the same quarter last year, a decrease of approximately 47%[10] - The company's revenue for Q1 2023 was CNY 2,342,266,376.99, a decrease of 15.45% compared to CNY 2,770,410,679.21 in Q1 2022[29] - Net profit attributable to shareholders for Q1 2023 was CNY 117,354,536.34, down 43.62% from CNY 208,134,915.06 in the same period last year[29] - The company's total comprehensive income for the first quarter was CNY 112,527,093.58, down from CNY 210,557,970.17 year-on-year, indicating a decline of about 47%[10] Shareholder Information - The company reported a total of 56,380 common shareholders at the end of the reporting period[2] - Shenzhen Skyworth-RGB Electronic Co., Ltd. held 50.82% of the shares, making it the largest shareholder[2] - The company's total number of shares held by the top ten unrestricted shareholders amounted to 584,548,508 shares[3] Cash Flow and Assets - The net cash flow from operating activities for Q1 2023 was -CNY 318,165,319.35, a significant decline of 12,595.83% compared to CNY 2,546,171.59 in Q1 2022[29] - The company's total assets at the end of Q1 2023 were CNY 10,553,478,044.42, a decrease of 2.37% from CNY 10,810,089,979.80 at the end of the previous year[29] - The company's current assets total ¥8,884,933,091.89, down from ¥9,268,574,221.95 at the beginning of the year, reflecting a decrease of 4.1%[35] - The company's non-current assets increased to ¥1,668,544,952.53 from ¥1,541,515,757.85, representing an increase of 8.2%[36] - The total liabilities decreased to ¥4,437,422,907.25 from ¥4,796,201,412.86, a reduction of 7.5%[36] Changes in Financial Metrics - The company recorded a fair value change gain of CNY 1,954,299.91 in the first quarter, compared to a loss of CNY 14,002,429.09 in the previous year[10] - The company reported a significant increase in accounts receivable, which rose by 70.63% to CNY 355,357,109.35 from CNY 208,265,291.01[29] - The company experienced a 40.74% increase in taxes and surcharges, amounting to CNY 10,103,836.90 compared to CNY 7,179,236.31 in the previous year[29] - The company reported a 178.36% increase in other non-current assets, totaling CNY 66,754,655.54, up from CNY 23,981,800.66[29] - The company faced a 345.77% increase in investment losses, reporting -CNY 10,058,881.47 compared to -CNY 2,256,502.90 in the previous year[29] Cash Management - The net cash flow from financing activities is -¥103,194,397.63, an improvement from -¥188,874,258.33 in the previous period[41] - The cash and cash equivalents at the end of the period amount to ¥3,209,231,513.99, compared to ¥3,068,205,569.96 at the end of the previous period[41] - The cash inflow from investment activities was approximately ¥10.35 million, compared to ¥5.79 million in the previous year[51] - The cash outflow for purchasing fixed assets and intangible assets was approximately ¥121.44 million, significantly higher than ¥75.31 million in the previous year[51] - The company reported a decrease in cash received from tax refunds to approximately ¥111.67 million, down from ¥155.48 million in the previous year[51] Retained Earnings and Equity - The company's equity attributable to shareholders increased by 2.31% to CNY 6,138,139,134.95 compared to CNY 5,999,632,247.08 at the end of the previous year[29] - The total equity attributable to shareholders of the parent company increased to approximately ¥6.14 billion, up from ¥6.00 billion year-over-year[49] - The company’s retained earnings increased to approximately ¥3.29 billion, up from ¥3.21 billion year-over-year[49] - The minority interest in equity showed a significant decline, moving from approximately ¥14.26 million to -¥22.08 million[49]