强力新材(300429) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥186,129,206.64, a decrease of 31.71% compared to ¥272,550,474.78 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥1,095,042.03, representing a decline of 104.38% from a profit of ¥24,987,706.13 in Q1 2022[3]. - The basic earnings per share fell to -¥0.0021, down 104.33% from ¥0.0485 in the same quarter last year[3]. - The net profit for Q1 2023 was a loss of ¥2,244,763.15, compared to a profit of ¥23,788,006.55 in Q1 2022, marking a significant decline[17]. - The gross profit margin for Q1 2023 was approximately -3.7%, compared to a positive margin in the previous year[17]. Cash Flow - The net cash flow from operating activities decreased by 86.16%, amounting to ¥769,734.19 compared to ¥5,560,469.99 in the previous year[3]. - Cash flow from operating activities for the current period is $769,734.19, a decrease of 86.2% from $5,560,469.99 in the previous period[19]. - Total cash outflow from operating activities is $185,964,598.15, a decrease of 26.5% from $253,200,573.55 in the previous period[19]. - Cash inflow from sales of goods and services is $175,992,830.05, down 27.6% from $243,165,142.39 in the previous period[19]. - Cash received from other operating activities is $8,240,480.87, an increase of 50.7% from $5,471,603.37 in the previous period[19]. - Cash paid for purchasing goods and services is $89,885,885.48, down 36.3% from $141,171,211.36 in the previous period[19]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥3,765,686,435.04, an increase of 1.19% from ¥3,721,493,995.06 at the end of the previous year[3]. - Current assets totaled CNY 1,324,272,379.43, up from CNY 1,263,167,326.82 at the start of the year[14]. - Total liabilities decreased to CNY 568,990,432.16 from CNY 724,246,855.76[14]. - The total liabilities increased to ¥1,831,648,978.01 in Q1 2023 from ¥1,783,158,158.88 in Q1 2022, reflecting a growth of 2.7%[17]. - The total equity attributable to shareholders of the parent company was ¥1,918,639,437.27, slightly down from ¥1,921,706,335.69 in the previous year[17]. Government Support and Financing - The company reported a significant increase in government subsidies, totaling ¥6,176,888.13, compared to ¥1,789,211.47 in the previous year, marking a growth of 251.84%[8]. - The company experienced a 56.69% increase in receivables financing, reaching ¥12,223,320.01, due to higher sales receipts[7]. - Short-term borrowings decreased by 31.34% to ¥265,150,747.56, as some short-term loans matured and were repaid[7]. - The company reported a 69.55% increase in contract liabilities, totaling ¥1,066,756.99, indicating more cash received for future services[7]. - Cash inflow from financing activities increased to $242,624,393.72, up 105.5% from $118,242,654.70 in the previous period[20]. - Net cash flow from financing activities is $85,003,577.74, an increase of 55.7% compared to $54,609,250.32 in the previous period[20]. Shareholder Information - The company reported a total of 46,940 common shareholders at the end of the reporting period[10]. - The top shareholder, Qian Xiaochun, holds 20.38% of the shares, totaling 105,001,175 shares[10]. Future Outlook - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[18].