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智新电子(837212) - 2023 Q1 - 季度财报
GENIUSGENIUS(BJ:837212)2023-04-26 16:00

Financial Performance - Operating revenue for Q1 2023 was CNY 75,376,840.18, down 27.73% year-over-year[11] - Net profit attributable to shareholders for Q1 2023 was CNY 1,853,603.31, a decline of 81.54% compared to the same period last year[11] - Total operating revenue for Q1 2023 was ¥75,376,840.18, a decrease of 27.8% compared to ¥104,298,668.27 in Q1 2022[50] - Net profit for Q1 2023 was ¥1,853,603.31, a decline of 81.5% from ¥10,038,674.07 in Q1 2022[50] - The net profit for Q1 2023 was ¥1,967,051.58, down 80% from ¥9,813,854.41 in the same period last year[53] - The operating profit for Q1 2023 was ¥2,061,728.26, a decline of 82.1% from ¥11,521,625.51 in Q1 2022[52] Assets and Liabilities - Total assets as of March 31, 2023, were CNY 460,499,844.79, a decrease of 1.47% compared to the end of 2022[11] - The company's current assets totaled CNY 292,127,128.59, down from CNY 315,707,172.24 at the end of 2022, indicating a decrease of about 7.5%[42] - The total liabilities decreased to CNY 61,467,243.21 from CNY 70,172,890.31, reflecting a reduction of approximately 12.1%[44] - The company reported a total equity of CNY 399,032,601.58, slightly up from CNY 397,178,998.27, indicating a marginal increase of about 0.5%[44] - The company’s total assets were ¥448,381,623.43 in Q1 2023, down from ¥454,146,850.62 in Q1 2022[50] Cash Flow - The company's cash flow from operating activities increased by 18.69% to CNY 19,590,505.45 in Q1 2023[14] - The cash inflow from operating activities totaled ¥111,516,401.73 in Q1 2023, compared to ¥123,631,775.36 in Q1 2022, reflecting a decrease of 9.8%[55] - The company's cash and cash equivalents increased to CNY 110,650,796.94 from CNY 100,560,004.61, marking an increase of about 10.3%[42] - The total cash and cash equivalents increased by ¥10,090,792.33 in Q1 2023, compared to an increase of ¥13,586,384.17 in Q1 2022[56] - The net cash flow from operating activities for Q1 2023 was CNY 20,675,428.80, an increase of 43.8% compared to CNY 14,392,384.65 in Q1 2022[57] Shareholder Information - The company reported a total of 83,143,263 shares held by the top ten shareholders, representing 78.38% of total shares[24] - Major shareholders Zhao Qingfu and Li Liangwei each hold 35,740,000 shares, accounting for 33.69% of total shares[25] - The company has a share repurchase account specifically for holding repurchased shares[25] - The share repurchase plan has been approved with a total repurchase fund of no less than 5,000,000.00 CNY and no more than 9,000,000.00 CNY, targeting to buy back between 336,701 and 606,060 shares, which is 0.32%-0.57% of the total share capital[31] - As of March 31, 2023, the company has repurchased 678,395 shares, exceeding the upper limit of the planned repurchase by 111.9353%, with a total expenditure of 5,972,924.86 CNY[32] Market Focus and Future Plans - The company plans to focus on the automotive market, anticipating a 4.9% increase in vehicle sales in 2023, which is expected to drive demand for automotive electronic connector cable components[19] - The company plans to focus on market expansion and new product development in the upcoming quarters[50] - The company plans to issue up to 20 million shares, which may dilute immediate returns due to the time required for the raised funds to generate benefits[35] Compliance and Legal Matters - The company has not engaged in any external guarantees or loans during the reporting period[28] - There were no significant related party transactions or asset transfers during the reporting period[28] - The company has complied with all disclosure obligations regarding share repurchase matters[28] - The company has not faced any lawsuits or arbitration matters during the reporting period[28] - The company is involved in a lawsuit with a claim amount of 62,524.44 CNY, which represents 0.02% of the net assets as of the end of Q1 2023[30] Employee and Operational Risks - The company has not fully paid social insurance for all employees, which may pose risks to its operations[37] - The company has not implemented any employee incentive plans during the reporting period[28] - The company has approximately 790.70 square meters of property without ownership certificates, posing a risk of penalties or relocation, but this does not significantly impact operations[36]