齐峰新材(002521) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥796,099,694.54, a decrease of 5.02% compared to ¥838,156,273.10 in the same period last year[4] - The net loss attributable to shareholders was ¥1,832,218.97, representing a decline of 108.91% from a profit of ¥20,556,100.93 in the previous year[4] - The company reported a significant decrease in the net profit after deducting non-recurring gains and losses, which amounted to a loss of ¥6,833,601.76, a decline of 157.42% from ¥11,901,445.21 in the previous year[4] - The net profit for Q1 2023 was a loss of CNY 1,573,471.96, compared to a profit of CNY 20,747,680.30 in Q1 2022[17] - The total comprehensive income for Q1 2023 was a loss of CNY 1,573,471.96, compared to a comprehensive income of CNY 20,747,680.30 in Q1 2022[17] Cash Flow - The net cash flow from operating activities improved significantly to ¥112,920,823.75, compared to a negative cash flow of ¥82,614,226.50 in the same period last year, marking a 236.68% increase[4] - Cash flow from operating activities generated a net inflow of CNY 112,920,823.75, a turnaround from a net outflow of CNY 82,614,226.50 in Q1 2022[20] - Cash flow from financing activities netted a total of ¥3,881,052.76, compared to a negative cash flow of ¥4,493,975.01 in the previous year[21] - The net increase in cash and cash equivalents for the quarter was ¥182,669,924.60, contrasting with a decrease of ¥60,547,847.14 in the same period last year[21] - The ending balance of cash and cash equivalents reached ¥502,573,872.08, up from ¥334,598,077.44 in the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,813,301,822.98, reflecting a 1.68% increase from ¥4,733,848,722.82 at the end of the previous year[4] - Total assets as of March 31, 2023, were RMB 4,813,301,822.98, up from RMB 4,733,848,722.82 at the beginning of the year, marking an increase of 1.7%[13] - Total liabilities increased to RMB 1,266,408,945.14 from RMB 1,185,382,373.02, which is an increase of 6.8%[13] - The total equity attributable to shareholders of the parent company was RMB 3,543,396,944.25, slightly down from RMB 3,545,229,163.22, a decrease of 0.05%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,457[8] Operational Metrics - Total operating revenue for Q1 2023 was RMB 796,099,694.54, a decrease of 5.0% compared to RMB 838,156,273.10 in the same period last year[15] - Total operating costs amounted to CNY 808,960,188.71, down 2.1% from CNY 826,400,990.64 in the previous year[16] - The operating profit for Q1 2023 was CNY 276,428.20, significantly lower than CNY 28,432,015.09 in the same period last year[16] - Research and development expenses decreased to CNY 26,201,943.24 from CNY 30,700,341.36, reflecting a reduction of approximately 14.5%[16] - The company reported a decrease in sales expenses to CNY 4,966,199.52 from CNY 4,811,761.46, indicating a slight increase of 3.2%[16] Financing Activities - The company experienced a 34.39% increase in accounts receivable financing, rising to ¥517,707,499.34 from ¥385,229,579.25[7] - The company’s contract liabilities increased by 66.69% to ¥42,117,117.65, compared to ¥25,266,960.41 at the beginning of the year[7] - The cash used for the purchase of fixed assets and construction projects surged by 111.91% to ¥94,518,282.16, compared to ¥44,602,320.14 in the previous year[7] - Short-term borrowings rose to RMB 600,592,702.77 from RMB 592,009,013.88, an increase of 1.0%[13] - The company reported a significant increase in receivables financing, which rose to RMB 517,707,499.34 from RMB 385,229,579.25, a growth of 34.3%[12] Market Strategy - The company is focusing on expanding its market presence and developing new technologies, although specific figures were not disclosed in the report[12]