立讯精密(002475) - 2023 Q1 - 季度财报

Financial Performance - The total revenue for Q1 2023 was ¥49,942,325,179.17, representing a year-on-year increase of 20.05% compared to ¥41,599,710,846.10 in the same period last year[3] - The net profit attributable to shareholders was ¥2,017,931,635.56, an increase of 11.90% from ¥1,803,320,580.17 in the previous year[3] - The basic earnings per share remained stable at ¥0.25, unchanged from the previous year[3] - The total profit for Q1 2023 was ¥2,179,546,260.23, down from ¥2,287,223,484.97, reflecting a decrease of 4.7%[16] - Net profit for Q1 2023 was ¥2,100,027,947.33, slightly up from ¥2,085,915,176.01 in the same period last year, indicating a growth of 0.7%[16] Cash Flow - The net cash flow from operating activities reached ¥3,612,281,990.23, showing a significant increase of 182.61% compared to ¥1,278,178,911.17 in the same period last year[3] - The net cash flow from operating activities for Q1 2023 was ¥3,612,281,990.23, a significant increase from ¥1,278,178,911.17 in Q1 2022, representing a year-over-year growth of approximately 182.5%[18] - The net cash flow from investing activities decreased by 4.44% to -¥891,352.20 million, attributed to reduced payments for financial investments and fixed asset purchases[9] - The net cash flow from financing activities decreased by 6.12% to ¥1,234,240.56 million, mainly due to loan repayments[9] - The total cash inflow from investment activities was ¥4,665,687,971.16, compared to ¥3,563,131,656.87 in the previous year, indicating an increase of about 30.9%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥146,457,366,475.09, a decrease of 1.30% from ¥148,384,319,074.71 at the end of the previous year[3] - The total assets of Luxshare Precision Industry Co., Ltd. as of March 31, 2023, amounted to CNY 146.46 billion, a decrease from CNY 148.38 billion at the beginning of the year[13] - Total liabilities decreased to CNY 85.52 billion from CNY 89.60 billion, a decline of approximately 4.3%[14] - The company's total current liabilities decreased to CNY 64.63 billion from CNY 74.63 billion, a reduction of about 13.4%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period was 340,682, with the largest shareholder, Luxshare Limited, holding 38.31%[10] - Luxshare Limited holds 2,731,537,636 shares, with 1,076,610,000 shares pledged[10] - The company’s total equity attributable to shareholders increased by 4.57% to ¥47,415,958,572.52 from ¥45,342,897,318.53 at the end of the previous year[3] - The company's equity attributable to shareholders increased to CNY 47.42 billion from CNY 45.34 billion, showing a growth of about 4.6%[14] Research and Development - The company's R&D expenses increased by 15.32% to ¥194,642.82, driven by performance growth and increased investment in R&D teams and materials[7] - Research and development expenses increased to ¥1,946,428,222.24, compared to ¥1,687,861,477.92, marking a rise of 15.3% year-over-year[15] Challenges and Strategies - The company is facing challenges due to a decline in consumer purchasing power and overall demand in the consumer electronics, automotive, and communications sectors[12] - The company is implementing cost control measures across various aspects, including labor, materials, and equipment, to enhance efficiency[12] - The company aims to leverage its core competitive advantages and explore new business opportunities despite the challenging macroeconomic environment[12] - The company is focused on improving market share in different sectors through technological advancements and smart manufacturing capabilities[12] - The company is committed to continuous improvement and innovation to establish a solid foundation for new products and businesses in the future[12] Financial Expenses and Income - The financial expenses surged by 150.75% to ¥36,641.76, primarily due to increased interest expenses and foreign exchange fluctuations[7] - The company reported a significant increase in other income, which rose by 171.84% to ¥20,080.10, attributed to government subsidies[8] - The fair value changes in financial assets resulted in a gain of ¥16,433.35, an increase of 86.59% compared to the previous year[8] - The company achieved an investment income of ¥231,967,431.42, up from ¥210,218,019.07, representing a growth of 10.4%[15]