华源控股(002787) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥533,530,893.37, representing a 1.40% increase compared to ¥526,139,705.40 in the same period last year[4] - Net profit attributable to shareholders decreased by 36.06% to ¥2,049,517.38 from ¥3,205,409.61 year-on-year[4] - The net profit after deducting non-recurring gains and losses dropped by 98.60% to ¥37,476.67 from ¥2,670,049.32 in the previous year[4] - The company reported a net profit margin of approximately 1.8% for Q1 2023, compared to 0.3% in Q1 2022[17] - In Q1 2023, the company's net profit was CNY 2,153,975.46, a decrease of 34.0% compared to CNY 3,262,873.65 in Q1 2022[18] - The company reported a decrease in total profit to CNY 2,271,550.14, down 50.0% from CNY 4,540,824.36 in the previous year[18] - The total comprehensive income for the period was CNY 2,153,606.25, down 34.0% from CNY 3,262,764.36 in the same quarter last year[19] Cash Flow and Assets - The net cash flow from operating activities was -¥36,283,719.31, a decline of 95.90% compared to -¥18,521,447.55 in the same period last year[4] - The company's cash and cash equivalents decreased to RMB 342,101,029.23 from RMB 436,821,980.02 at the beginning of the year, a decline of approximately 21.6%[13] - The cash and cash equivalents at the end of the period were CNY 311,604,423.51, compared to CNY 195,223,383.56 at the end of Q1 2022[22] - The company experienced a cash outflow from financing activities of CNY 58,001,263.24, compared to a cash outflow of CNY 31,428,780.84 in Q1 2022[22] Operating Costs and Expenses - Total operating costs for Q1 2023 were RMB 527,559,671.44, up from RMB 521,425,088.69 in the same period last year, reflecting a year-on-year increase of 1.3%[17] - The company reported a decrease of 87.45% in operating expenses, amounting to ¥107,293.84, due to reduced external donations[7] - Research and development expenses increased to CNY 20,458,756.63, up 12.1% from CNY 18,216,855.36 in Q1 2022[18] Investment and Shareholder Information - The company reported a significant increase of 277.50% in investment income to ¥614,468.32, up from the previous year's amount[7] - The company recorded a significant increase in investment income to CNY 614,468.32, compared to CNY 162,773.29 in the previous year[18] - The number of ordinary shareholders at the end of the reporting period was 16,729[9] - The top shareholder, Li Zhichong, holds 34.22% of the shares, amounting to 108,123,870 shares[9] - The company repurchased 12,700,000 shares, accounting for 4.02% of the total share capital[10] Asset and Liability Overview - Total assets at the end of the reporting period were ¥2,671,190,600.54, down 3.70% from ¥2,773,883,552.05 at the end of the previous year[4] - Total assets decreased to RMB 2,671,190,600.54 from RMB 2,773,883,552.05, a reduction of approximately 3.7%[15] - Total liabilities decreased to RMB 1,147,584,088.54 from RMB 1,252,453,893.89, reflecting a decline of about 8.4%[15] - Non-current assets totaled RMB 1,056,808,584.10, slightly down from RMB 1,062,951,964.00 at the beginning of the year[14] Credit and Receivables - The company experienced a 756.36% increase in credit impairment losses, amounting to -¥5,908,097.00, due to increased provisions for bad debts[7] - Accounts receivable increased to RMB 572,191,879.69, up from RMB 473,003,846.85, representing a growth of 20.9%[13] - Inventory levels rose to RMB 382,596,862.63, compared to RMB 371,299,490.47 at the start of the year, indicating an increase of 3.5%[14]