通达股份(002560) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 1,202,673,914.26, representing a 17.31% increase compared to CNY 1,025,178,047.77 in the same period last year[4] - Net profit attributable to shareholders increased by 188.57% to CNY 34,653,459.12 from CNY 12,008,848.76 year-on-year[4] - The net profit after deducting non-recurring gains and losses rose by 259.00% to CNY 35,191,077.53 from CNY 9,802,436.95 in the previous year[4] - Basic earnings per share increased by 228.00% to CNY 0.0656 from CNY 0.0200 in the same period last year[4] - The total comprehensive income for the first quarter of 2023 was CNY 37,877,229.80, compared to CNY 14,688,340.14 in the same period last year, representing an increase of approximately 157.5%[18] - The net profit attributable to the parent company was CNY 35,485,974.21, up from CNY 12,008,848.76, marking a growth of about 195.5% year-over-year[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,240,884,047.73, a slight increase of 0.18% from CNY 5,231,625,255.51 at the end of the previous year[4] - The total assets as of the end of Q1 2023 amounted to CNY 5,240,884,047.73, slightly up from CNY 5,231,625,255.51 at the end of Q1 2022[14] - The total liabilities decreased to CNY 2,656,822,166.65 from CNY 2,699,327,185.11 year-over-year[14] - The total equity attributable to shareholders increased to CNY 2,538,915,547.07 from CNY 2,489,792,034.46 year-over-year[14] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 76,993,553.80, a decrease of 45.62% compared to a net outflow of CNY 52,871,381.74 in the previous year[4] - Cash inflows from operating activities totaled CNY 1,409,640,160.43, compared to CNY 1,180,529,158.28 in the previous year, an increase of approximately 19.4%[19] - The net cash flow from operating activities was negative at CNY -76,993,553.80, worsening from CNY -52,871,381.74 year-over-year[19] - The net cash flow from financing activities increased by 166.74% to CNY 124,254,561.40 compared to CNY 46,582,638.27 in the same period last year[7] - Cash outflows from investing activities were CNY 316,163,187.07, down from CNY 518,050,976.94, indicating a reduction of about 38.9%[19] - The ending cash and cash equivalents balance was CNY 276,465,771.62, up from CNY 129,293,085.67, representing a growth of about 114.3%[19] Sales and Revenue Growth - Sales revenue of overhead insulated cables increased by 233.97% year-on-year, aluminum alloy stranded wire sales revenue increased by 222.38%, and power cable sales revenue increased by 29.92%[11] - Overseas export sales revenue grew by 259.23% year-on-year, while domestic sales revenue increased by 12.13%[11] - The precision machining and assembly business for aircraft components achieved a year-on-year revenue growth of 16.12% and a net profit growth of 18.74%[11] Research and Development - The company's R&D expenses for Q1 2023 were CNY 24,624,546.30, an increase of 19.0% compared to CNY 20,670,857.01 in Q1 2022[16] - The company has made progress in the research and development of new products, including a new type of comprehensive water-blocking medium voltage power cable[11] Operational Efficiency - The gross profit margin for Q1 2023 was approximately 3.9%, up from 1.8% in Q1 2022, indicating improved operational efficiency[16] - The gross profit margin of cable products has improved significantly due to reduced fluctuations in raw material prices and enhanced operational management[11] Future Plans - The company plans to implement a second employee stock ownership plan, with a target of achieving a net profit growth rate of no less than 70% in 2023 for full unlocking[11] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[17] Other Information - The company reported a significant increase in sales expenses, which rose by 67.87% to CNY 14,746,055.35 from CNY 8,784,305.27 year-on-year[7] - The company experienced a 100% increase in other comprehensive income, reaching CNY 832,515.09, attributed to gains from futures positions and forward foreign exchange contracts[7] - The first quarter report was not audited[20]