捷捷微电(300623) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥403,374,881.98, representing a 7.82% increase compared to ¥374,125,658.74 in the same period last year[4] - Net profit attributable to shareholders decreased by 68.36% to ¥31,761,034.28 from ¥100,370,955.98 year-on-year[4] - Basic earnings per share dropped by 71.43% to ¥0.04 from ¥0.14 in the same period last year[4] - The weighted average return on equity fell to 0.88% from 3.02% year-on-year, reflecting reduced profitability[4] - Net profit decreased to ¥24,236,562.59 from ¥99,752,003.09, indicating a significant decline in profitability[44] - The company reported a basic earnings per share of ¥0.04, down from ¥0.14 in the previous period[44] Cash Flow - The net cash flow from operating activities increased by 22.43% to ¥34,426,380.41 compared to ¥28,120,208.70 in the previous year[4] - Cash and cash equivalents increased by 32.47% to ¥709,342,408.47 from ¥535,461,413.08 due to the collection of bank acceptance bills and accounts receivable[32] - The cash inflow from operating activities for Q1 2023 was CNY 581,247,193.29, a decrease of 5.9% compared to CNY 617,606,880.42 in the same period last year[50] - The net cash flow from operating activities increased to CNY 34,426,380.41, up 22.5% from CNY 28,120,208.70 in Q1 2022[50] - The company received CNY 4,412,822.75 in tax refunds, significantly higher than CNY 1,090,253.50 in the previous year[50] - The cash outflow for purchasing goods and services was CNY 367,591,968.18, an increase of 24.0% from CNY 296,666,654.18 in Q1 2022[50] - The company reported a total cash outflow from operating activities of CNY 546,820,812.88, down 7.2% from CNY 589,486,671.72 in the same period last year[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,806,329,845.41, a 2.38% increase from ¥7,624,824,487.22 at the end of the previous year[4] - The total non-current liabilities rose to CNY 2,402,206,826.69 from CNY 2,176,667,353.44, indicating an increase of 10.3%[20] - Total liabilities increased to ¥3,546,429,035.27 from ¥3,392,807,068.33, reflecting a growth in financial obligations[48] - The total equity attributable to shareholders of the parent company increased to ¥3,615,107,005.09 from ¥3,579,699,142.16, reflecting a growth in shareholder value[48] Research and Development - Research and development expenses increased by 49.20% to ¥58,708,527.27 from ¥39,349,464.53 year-on-year, indicating a focus on innovation[13] - Research and development expenses reached CNY 58,708,527.27, an increase of 49.2% compared to CNY 39,349,464.53 in the previous period[22] Operating Costs and Expenses - The company’s gross profit margin was impacted by a 40.26% increase in operating costs, which rose to ¥262,955,644.86 from ¥187,478,161.30[13] - Total operating costs for the first quarter amounted to CNY 386,111,561.88, up 40.9% from CNY 273,888,965.64 in the previous period[22] - The company experienced a 245.48% increase in non-operating expenses, totaling ¥427,543.72 compared to ¥123,754.98 in the previous year[13] - The company reported a significant decrease in investment income, down 94.01% to ¥1,034,830.67 from ¥17,267,522.27 in the previous year[13] Investment Activities - Investment activities generated a net cash outflow of ¥193,069,514.73, a 51.59% improvement from the previous outflow of ¥398,803,146.31[35] - The total cash inflow from investment activities was CNY 1,117,971,142.01, down 42.0% from CNY 1,924,222,473.41 in the previous year[52] - The net cash flow from investment activities was negative at CNY -193,069,514.73, an improvement from CNY -398,803,146.31 in Q1 2022[52] Financing Activities - Cash inflow from financing activities amounted to CNY 405,022,927.76, an increase of 23.0% compared to CNY 329,541,678.65 in the same quarter last year[52] - The net cash flow from financing activities was CNY 331,203,602.51, slightly up from CNY 325,208,765.88 in Q1 2022[52] - The total cash and cash equivalents at the end of Q1 2023 were CNY 638,657,374.11, compared to CNY 624,719,031.00 at the end of Q1 2022, reflecting a year-over-year increase[52] Other Information - The company has not paid any preferred stock dividends or perpetual bond interest during the reporting period[31] - The company has not disclosed any new product launches or technological advancements in the current report[21] - The company reported a net profit of CNY 4,289,295.96 from the disposal of non-current assets[31] - The diluted earnings per share for the latest share capital is CNY 0.0431[31] - Accounts receivable decreased by 26.74% to ¥315,176,090.10 from ¥430,218,163.35, indicating improved cash collection[40] - The company’s inventory increased to ¥547,349,660.31 from ¥508,310,138.15, suggesting a buildup of stock[40]