三环集团(300408) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥1,189,111,190.10, a decrease of 15.16% compared to ¥1,401,514,345.68 in the same period last year[3] - Net profit attributable to shareholders was ¥319,992,380.50, down 35.68% from ¥497,535,135.99 year-on-year[3] - The net profit excluding non-recurring gains and losses was ¥240,202,982.51, reflecting a decline of 42.77% compared to ¥419,707,356.43 in the previous year[3] - Basic and diluted earnings per share were both ¥0.17, down 34.62% from ¥0.26 in the previous year[3] - The net profit for the first quarter of 2023 was CNY 320,529,131.86, a decrease of 35.7% compared to CNY 498,021,711.23 in the same period last year[16] - The total revenue from operating activities was CNY 1,263,473,241.71, down 35.5% from CNY 1,960,238,777.56 year-on-year[19] - The total comprehensive income for the first quarter was CNY 323,981,907.42, compared to CNY 489,208,434.87 in the same period last year[17] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 32.85% to ¥317,519,532.11 from ¥472,823,284.78 in the same period last year[3] - The cash flow from operating activities was CNY 317,519,532.11, a decline of 32.8% compared to CNY 472,823,284.78 in the previous year[19] - Cash and cash equivalents increased by 36.01% to ¥6,133,264,033.98, attributed to reduced cash management activities[6] - Cash and cash equivalents increased to CNY 6,133,264,033.98 from CNY 4,509,429,158.52, representing a growth of 36.0%[12] - The cash and cash equivalents at the end of the period amounted to CNY 4,551,963,725.96, slightly up from CNY 4,503,269,119.76 at the end of the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥19,744,606,912.92, an increase of 0.77% from ¥19,593,376,618.49 at the end of the previous year[3] - Total assets as of March 31, 2023, amounted to CNY 19,744,606,912.92, up from CNY 19,593,376,618.49 at the beginning of the year[14] - Total liabilities decreased to CNY 2,317,662,408.74 from CNY 2,489,964,744.18, indicating a reduction of 6.9%[14] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 1.89% to ¥17,423,118,783.07 from ¥17,099,673,627.01 at the end of the previous year[3] - The company’s total equity increased to CNY 17,426,944,504.18 from CNY 17,103,411,874.31, an increase of 1.9%[14] Operating Costs and Expenses - Total operating costs for Q1 2023 were CNY 925,636,287.45, slightly down from CNY 930,491,693.23 in Q1 2022[15] - Research and development expenses decreased to CNY 105,608,551.33 from CNY 120,885,512.66, reflecting a reduction of 12.6% year-over-year[15] - The total operating expenses were CNY 945,953,709.60, down from CNY 1,487,415,492.78 year-on-year[19] Non-Recurring Items - The company reported a non-recurring gain of ¥79,789,397.99, which includes government subsidies and other income[4] - The company reported a financial income of CNY 30,017,012.31, down from CNY 40,315,096.17, reflecting a decrease of 25.5%[15] - The company received CNY 5,455,000,000.00 from investment recoveries, significantly higher than CNY 1,823,720,805.76 in the previous year[19] Taxation - The company reported a tax expense of CNY 53,985,569.59, compared to CNY 73,631,627.40 in the same period last year[16]