康欣新材(600076) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 16,186,734.66, representing a decrease of 89.05% compared to the same period last year[5]. - The net loss attributable to shareholders was CNY -34,937,875.48, with a basic earnings per share of CNY -0.03[5][6]. - Total operating revenue for Q1 2023 was CNY 16,186,734.66, a decrease of 89.05% compared to CNY 147,834,696.58 in Q1 2022[18]. - Net loss for Q1 2023 was CNY 35,314,595.20, an improvement of 5.5% compared to a net loss of CNY 37,521,144.76 in Q1 2022[19]. - Operating profit for Q1 2023 was negative CNY 35,145,951.19, slightly improved from negative CNY 35,886,950.40 in Q1 2022[19]. - Basic and diluted earnings per share remained at CNY -0.03 for both Q1 2023 and Q1 2022, indicating consistent loss per share[20]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,197,570,547.47, showing a slight increase of 0.87% from the end of the previous year[6]. - The company's current assets totaled RMB 4,241,407,306.27, up from RMB 4,146,134,852.98, indicating an increase of about 2.29%[15]. - The company's cash and cash equivalents reached RMB 290,668,278.39, compared to RMB 237,704,204.65 in the previous year, representing a growth of approximately 22.24%[14]. - The company's total liabilities were RMB 2,548,078,104.21, compared to RMB 2,450,556,544.16, marking an increase of approximately 3.98%[17]. - Short-term borrowings rose to RMB 1,022,307,719.48 from RMB 861,739,743.62, reflecting an increase of about 18.63%[16]. - The company's non-current assets totaled RMB 2,956,163,241.20, a slight decrease from RMB 2,989,228,729.64, indicating a decline of approximately 1.11%[16]. - The total equity attributable to shareholders was RMB 4,607,452,668.59, down from RMB 4,642,390,544.06, representing a decrease of about 0.75%[17]. Cash Flow - Cash flow from operating activities was negative at CNY -30,096,354.42, primarily due to reduced sales orders[5]. - Cash flow from operating activities in Q1 2023 was negative CNY 30,096,354.42, compared to negative CNY 96,622,565.22 in Q1 2022, indicating a reduced cash burn[23]. - Cash and cash equivalents increased by CNY 52,967,592.30 in Q1 2023, contrasting with a decrease of CNY 147,110,546.86 in Q1 2022[23]. - Total financing cash inflow for Q1 2023 was CNY 1,153,750,000.00, significantly higher than CNY 659,532,916.41 in Q1 2022, showing increased funding activities[23]. Research and Development - Research and development expenses increased by 81.70%, indicating a focus on enhancing R&D investment[10]. - Research and development expenses rose to CNY 1,409,834.05 in Q1 2023, up 81.4% from CNY 775,912.38 in Q1 2022, reflecting a focus on innovation[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,222[12]. - The largest shareholder, Wuxi Construction Development Investment Co., Ltd., holds 38.4% of the shares[12]. Inventory and Costs - The company's inventory stood at RMB 3,889,821,043.72, compared to RMB 3,848,209,958.48, showing an increase of approximately 1.08%[15]. - Total operating costs for Q1 2023 were CNY 53,471,130.86, down 71.55% from CNY 187,993,109.10 in Q1 2022[18]. - The company reported a decrease in sales expenses to CNY 956,786.05 in Q1 2023, down 59.0% from CNY 2,336,844.91 in Q1 2022, indicating cost-cutting measures[18]. Other Information - The company received government subsidies related to forestry loan interest, contributing to a 97.52% increase in other income[10]. - The company has not adopted new accounting standards or interpretations for the current year[24].