维远股份(600955) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥1,692,870,706.42, representing a decrease of 14.37% compared to the same period last year[30]. - The net profit attributable to shareholders for Q1 2023 was ¥26,087,304.88, down 91.41% year-on-year[30]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,526,094.22, a decrease of 93.99% compared to the previous year[30]. - The net cash flow from operating activities was ¥36,012,686.90, reflecting a decline of 90.19% year-on-year[30]. - Basic earnings per share for Q1 2023 were ¥0.05, down 90.91% compared to the same period last year[30]. - The total operating revenue for Q1 2023 was CNY 1,692,870,706.42, a decrease of 14.4% compared to CNY 1,976,901,180.72 in Q1 2022[41]. - The net profit for Q1 2023 was CNY 26,087,304.88, down 91.4% from CNY 303,784,338.23 in Q1 2022[42]. - The basic and diluted earnings per share for Q1 2023 were both CNY 0.05, compared to CNY 0.55 in Q1 2022[42]. Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥10,344,014,837.65, an increase of 4.16% from the end of the previous year[31]. - The equity attributable to shareholders at the end of Q1 2023 was ¥8,580,678,446.50, a slight decrease of 0.73% compared to the previous year[31]. - The total current liabilities increased to ¥1,465,819,948.44, up from ¥1,187,825,958.39 in the previous year[22]. - The total liabilities reached ¥1,763,336,391.15, compared to ¥1,287,192,301.61 in the previous year, indicating significant growth in liabilities[22]. - The company's total liabilities and equity as of March 31, 2023, were CNY 10,344,014,837.65, up from CNY 9,931,217,920.38 at the end of 2022[41]. Cash Flow - Cash inflow from operating activities for Q1 2023 was $1,840,680,093.86, a decrease of 17.6% compared to $2,234,135,861.24 in Q1 2022[45]. - Net cash flow from operating activities was $36,012,686.90, down 90.2% from $366,936,776.79 in the same period last year[45]. - Cash inflow from investment activities totaled $1,306,964,370.43, a decline of 54.8% from $2,892,690,531.41 in Q1 2022[46]. - Net cash flow from investment activities was -$195,408,628.00, compared to $425,486,783.03 in Q1 2022[46]. - Cash inflow from financing activities was $382,075,308.95, significantly lower than $1,436,781.77 in Q1 2022[46]. - Net cash flow from financing activities improved to $315,075,308.95 from -$3,863,218.23 in the previous year[46]. - The ending cash and cash equivalents balance for Q1 2023 was $757,913,635.79, down from $1,615,803,328.73 in Q1 2022[46]. - Cash received from the sale of goods and services was $1,835,778,406.55, a decrease from $2,226,235,866.51 in the prior year[45]. - Total cash outflow from operating activities was $1,804,667,406.96, slightly lower than $1,867,199,084.45 in Q1 2022[45]. - Cash paid to employees increased to $93,394,706.15 from $80,584,064.13 in the same quarter last year[45]. Shareholder Information - The company had a total of 12,500,000 ordinary shares held by the largest shareholder, accounting for 2.27% of total shares[9]. - The top three shareholders collectively hold 59,500,000 shares, representing a significant portion of the company's equity[9]. - The total equity attributable to shareholders of the parent company as of March 31, 2023, was CNY 8,580,678,446.50, a slight decrease from CNY 8,644,025,618.77 at the end of 2022[42]. Non-Recurring Items - The company reported a non-recurring loss of ¥203,323.47 from the disposal of non-current assets in Q1 2023[16]. - The total non-recurring profit for the period, after tax effects, was ¥8,561,210.66[16]. Government Support - Government subsidies recognized in the current period amounted to ¥2,741,547.65, which are closely related to the company's normal business operations[16]. Operational Strategy - The company has not reported any significant changes in its operational strategy or market expansion plans for the upcoming quarters[10]. - There were no new product launches or technological advancements mentioned during the earnings call[10]. - The company did not disclose any plans for mergers or acquisitions in the near future[10]. Financial Reporting - The company emphasized its commitment to maintaining accurate and complete financial reporting, ensuring transparency for investors[12]. - The financial data presented in the report has been verified by the company's management, ensuring its reliability[13]. Research and Development - Research and development expenses for Q1 2023 were CNY 6,222,424.39, a decrease of 34.5% from CNY 9,469,402.14 in Q1 2022[41]. - The company reported a financial income of CNY 4,750,343.52 in Q1 2023, compared to a financial expense of CNY 9,433,104.25 in Q1 2022[41]. - The investment income for Q1 2023 was CNY 6,568,712.67, down from CNY 21,286,693.68 in Q1 2022[41].