NBTM(SH:600114)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥802,005,234.11, representing a decrease of 9.88% compared to the same period last year[3] - Net profit attributable to shareholders was ¥19,289,407.94, an increase of 180.12% year-on-year[3] - Basic earnings per share increased by 200.00% to ¥0.03 per share[3] - Net profit for Q1 2023 reached ¥11,615,326.92, an increase of 64.5% from ¥7,096,184.11 in Q1 2022[20] - The total comprehensive income attributable to the parent company for Q1 2023 was CNY 18,918,997.70, compared to CNY 6,406,118.23 in Q1 2022, representing an increase of approximately 195.5%[21] Cash Flow and Assets - The net cash flow from operating activities was ¥45,240,613.38, reflecting a slight increase of 1.18%[3] - The company's cash and cash equivalents stood at RMB 342,337,895.22, compared to RMB 340,897,191.51 at the end of 2022, indicating a marginal increase of 0.42%[15] - The company's cash and cash equivalents increased to ¥1,499,714,168.25 in Q1 2023, compared to ¥1,837,048,207.06 in Q1 2022[17] - The cash outflow from operating activities in Q1 2023 was CNY 596,240,649.98, down from CNY 689,278,514.39 in Q1 2022, indicating a decrease of approximately 13.5%[24] - The cash inflow from operating activities in Q1 2023 was CNY 641,481,263.36, compared to CNY 733,993,403.37 in Q1 2022, reflecting a decline of about 12.6%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,508,183,140.07, a 0.40% increase from the end of the previous year[3] - The company's total assets as of Q1 2023 amounted to ¥6,508,183,140.07, compared to ¥6,482,435,006.87 at the end of Q1 2022[17] - Total liabilities for Q1 2023 were ¥3,627,129,569.02, slightly up from ¥3,610,502,882.43 in Q1 2022[17] - The company's total current assets amounted to RMB 2,366,442,171.16, a slight decrease from RMB 2,372,245,243.07 at the end of 2022, representing a decline of approximately 0.25%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,406[8] - The largest shareholder, Muku Special Metal Industry Co., Ltd., holds 10.62% of the shares, with 35,000,000 shares pledged[8] - The company reported a total of 18,050,000 shares held through credit securities accounts by Shanghai Guozan Private Fund Management Partnership[11] Investment and Acquisitions - Non-recurring gains and losses totaled ¥33,554,715.26, primarily due to investment income from joint ventures[5] - The company reported a significant increase in net profit due to recognized investment income from joint ventures[6] - The company expects to recognize an investment income of RMB 28.8 million from its stake in Ningbo Dongmu Guantai Enterprise Management Partnership, which is anticipated to impact the net profit by RMB 24.48 million[12] - The company plans to acquire a 22.40% stake in Shanxi Dongmu Huasheng Powder Metallurgy Co., Ltd. for RMB 89.6 million, increasing its ownership to 97.40%[13] Operational Efficiency - Total operating costs for Q1 2023 were ¥818,394,058.01, down 8.4% from ¥893,156,796.96 in Q1 2022[19] - Research and development expenses for Q1 2023 were ¥63,888,242.08, a decrease of 8.5% from ¥69,950,437.46 in Q1 2022[20] - The company reported a decrease in financial expenses to ¥29,986,860.77 in Q1 2023 from ¥26,569,561.24 in Q1 2022[20] - The company's equity attributable to shareholders reached ¥2,532,702,158.61 in Q1 2023, up from ¥2,513,783,160.91 in Q1 2022[17] - The company's total liabilities and equity structure remains stable, with no significant changes reported in the non-current assets section[15] Market Strategy - The company is actively engaging in market expansion and strategic acquisitions to enhance its operational capabilities and market presence[13]