Financial Performance - Operating revenue for Q1 2023 was CNY 35,350,425.20, a decrease of 17.45% year-on-year[12] - Net profit attributable to shareholders dropped by 56.04% to CNY 4,780,950.16 compared to the same period last year[12] - Cash flow from operating activities showed a net outflow of CNY 7,282,968.80, a decrease of 227.34% year-on-year[12] - Total operating revenue for Q1 2023 was CNY 35,350,425.20, a decrease from CNY 42,824,815.02 in Q1 2022, representing a decline of approximately 17.5%[43] - Net profit for Q1 2023 was CNY 4,780,950.16, down 56.0% from CNY 10,875,077.48 in Q1 2022[45] - Operating profit for Q1 2023 was CNY 5,661,805.08, a decline of 55.6% from CNY 12,714,752.32 in Q1 2022[44] - Basic earnings per share for Q1 2023 was CNY 0.08, down from CNY 0.19 in Q1 2022[45] - Total operating costs for Q1 2023 were CNY 30,291,596.36, a decrease of 7.5% from CNY 32,753,955.54 in Q1 2022[44] Assets and Liabilities - Total assets decreased by 4.27% to CNY 467,121,962.53 compared to the end of last year[12] - The company's asset-liability ratio decreased to 5.33% from 10.35% year-on-year, indicating improved financial stability[12] - Current liabilities decreased significantly from CNY 48,893,816.05 to CNY 23,254,506.30, a decline of approximately 52.5%[37] - Non-current liabilities also decreased from CNY 50,527,080.09 to CNY 24,887,770.34, a reduction of about 50.8%[37] - The company reported a decrease in total liabilities from CNY 65,324,437.60 to CNY 38,832,088.30, a decline of approximately 40.5%[41] - The company's total equity increased from CNY 437,453,242.03 to CNY 442,234,192.19, reflecting a growth of approximately 1.8%[37] Cash Flow - The company's cash assets as of March 31, 2023, amount to 80,194,797.16 yuan, a decrease from 114,052,546.51 yuan at the end of 2022[35] - Cash and cash equivalents decreased from CNY 114,031,343.00 to CNY 80,143,525.37, a decline of about 29.7%[39] - The net cash flow from operating activities was -¥7,295,433.08, compared to a positive flow of ¥5,739,233.23 in the prior year[52] - The net cash flow from investing activities was -¥22,055,974.87, a significant decrease compared to -¥3,512,051.00 in the previous period[50] - The net cash flow from financing activities was -¥8,256,930.55, contrasting with a positive cash flow of ¥6,635,751.56 in the same period last year[50] - Operating cash inflows totaled ¥28,827,863.64, a decline from ¥40,738,380.00 year-over-year[51] Expenses - R&D expenses increased by 83.61% year-on-year, reflecting a significant investment in new projects[14] - Sales expenses rose by 61.55% year-on-year due to increased market expansion efforts[14] - Financial expenses for Q1 2023 showed a net income of CNY -252,313.23, compared to CNY 368,935.10 in Q1 2022[44] Shareholder Information - The number of ordinary shareholders increased to 18,945, reflecting growing investor interest[20] - The total number of shares held by the top ten shareholders is 39,527,611, representing 68.59% of the total shares[23] - The largest shareholder, Ma Shuyun, holds 13,352,000 shares, accounting for 23.17% of the total shares[23] Legal and Compliance - There are ongoing litigation matters that have not been resolved, as detailed in the company's announcements[27] - The company has not engaged in any external guarantees or loans during the reporting period[26] - No significant related party transactions were reported during the period[26] - The company has fulfilled its disclosed commitments as per the announcements made[28] Other Financial Metrics - Non-recurring gains totaled CNY 692,572.26, with a net effect of CNY 571,995.52 after tax[17] - Accounts receivable stand at 29,335,296.55 yuan, down from 32,594,250.36 yuan at the end of 2022[35] - Inventory has increased to 66,287,125.53 yuan from 63,000,614.15 yuan at the end of 2022[35] - The company has a judicial freeze on cash assets amounting to 9,586,562.09 yuan, which represents 2.05% of total assets[30]
天马新材(838971) - 2023 Q1 - 季度财报