微创光电(430198) - 2023 Q1 - 季度财报

Financial Performance - Operating revenue surged by 292.33% to ¥24,954,811.50 in Q1 2023 compared to the same period last year[9] - Net profit attributable to shareholders was a loss of ¥30,077,068.43, an improvement of 6.73% from the previous year's loss[9] - The company reported a basic earnings per share of -¥0.19, a decrease of 26.92% from the previous year[10] - Total operating revenue for Q1 2023 reached ¥24,954,811.50, a significant increase from ¥6,360,642.21 in Q1 2022, representing a growth of approximately 292%[30] - Net profit for Q1 2023 was a loss of ¥30,077,068.43, slightly improved from a loss of ¥32,248,909.35 in Q1 2022, showing a reduction in losses of approximately 6.7%[31] - The company reported a basic earnings per share of -¥0.19 for Q1 2023, an improvement from -¥0.26 in Q1 2022[32] Assets and Liabilities - Total assets increased by 7.75% to ¥806,219,441.38 compared to the end of last year[9] - The company's total assets increased to ¥806,219,441.38 in the latest reporting period, up from ¥748,210,132.67, reflecting a growth of about 7.3%[28] - Total liabilities rose to ¥205,633,603.04, compared to ¥117,547,225.90 in the previous period, marking an increase of approximately 74.8%[28] - The total liabilities to assets ratio remained stable at 25.51% for both the parent and consolidated entities[9] - The company's equity decreased to ¥600,585,838.34 from ¥630,662,906.77, indicating a decline of about 4.8%[28] Cash Flow - Cash flow from operating activities decreased by 914.36% to -¥44,909,842.21 due to significant increases in procurement expenditures[12] - Cash flow from operating activities for Q1 2023 was ¥90,964,290.99, compared to ¥44,394,826.55 in Q1 2022, indicating a growth of about 104%[33] - Net cash flow from operating activities was -$44.91 million, a decrease compared to $5.51 million in the previous period[34] - Total cash inflow from operating activities was $91.93 million, compared to $44.60 million previously[34] - Total cash outflow from operating activities was $136.84 million, significantly higher than $39.08 million in the prior period[34] Inventory and Costs - Inventory increased by 476.09% due to a large number of ongoing system integration orders[11] - The company experienced a 438.61% increase in operating costs, primarily due to the high cost of system integration business[11] - Total operating costs for Q1 2023 were ¥35,663,128.98, compared to ¥20,843,162.17 in Q1 2022, indicating an increase of about 71%[30] - Inventory surged to CNY 205,112,775.77, up from CNY 35,604,377.79, marking a significant increase of approximately 475.5%[26] Shareholder Information - The number of ordinary shareholders increased to 7,599 as of the end of the reporting period[16] - The company has a total of 114,774,615 shares held by the top ten shareholders, representing 71.13% of total shares[19] - The largest shareholder, Hubei Investment Group, holds 37,237,816 shares, accounting for 23.08% of total shares[19] Legal and Commitments - The company has engaged in litigation related to accounts receivable disputes, but there are no significant arbitration matters reported[23] - The company has pledged properties and land use rights for loans, with a total book value of CNY 24,315,300[23] - The company has disclosed commitments in previous announcements, with compliance confirmed[23] - No major external guarantees or loans were provided during the reporting period[22] Research and Development - Research and development expenses for Q1 2023 were ¥6,936,018.25, slightly decreased from ¥7,118,778.20 in Q1 2022, showing a decline of about 2.6%[31]