星宇股份(601799) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 1,922,611,040.51, a decrease of 9.84% compared to the same period last year[4] - Net profit attributable to shareholders was RMB 203,624,728.73, down 24.46% year-on-year[4] - The basic earnings per share for Q1 2023 was RMB 0.7128, reflecting a decrease of 24.46% year-on-year[4] - In Q1 2023, the company's net profit was CNY 203,624,728.73, a decrease of 24.5% compared to CNY 269,565,296.19 in Q1 2022[20] - The total profit for Q1 2023 was CNY 217,475,863.66, down from CNY 309,118,673.24 in the same period last year, representing a decline of 29.6%[20] - Operating profit for Q1 2023 was CNY 217,559,141.08, compared to CNY 310,785,425.36 in Q1 2022, reflecting a decrease of 30%[20] Cash Flow and Assets - The net cash flow from operating activities was RMB 29,579,105.41, a significant decline of 96.55% compared to the previous year[4] - Cash flow from operating activities in Q1 2023 was CNY 29,579,105.41, significantly lower than CNY 856,788,091.72 in Q1 2022, indicating a decline of 96.5%[21] - The company reported a total cash balance of ¥2,094,873,691.11 as of March 31, 2023, compared to ¥1,489,135,959.97 on December 31, 2022, indicating a significant increase[15] - The company's cash and cash equivalents at the end of Q1 2023 totaled CNY 1,971,801,528.60, down from CNY 2,428,939,276.44 at the end of Q1 2022, a decrease of 18.7%[22] Assets and Liabilities - Total assets at the end of Q1 2023 were RMB 13,149,107,052.54, a decrease of 0.66% from the end of the previous year[5] - Non-current liabilities totaled ¥676,242,918.55 in Q1 2023, an increase from ¥597,981,308.13 in Q1 2022, indicating a rise of 13.2%[17] - The company has a total current asset of ¥8,707,101,600.16, down from ¥8,977,801,043.35, indicating a decrease of about 3%[15] - The company reported a decrease in accounts payable to ¥1,786,790,672.53 in Q1 2023 from ¥2,193,242,957.14 in Q1 2022, a reduction of 18.5%[18] Shareholder Information - The equity attributable to shareholders increased by 2.03% to RMB 8,694,759,846.02 compared to the end of the previous year[5] - The top ten shareholders include Zhou Xiaoping with a 35.89% stake and Zhou Bajin with a 12.22% stake[8] Research and Development - Research and development expenses increased to ¥123,947,932.40 in Q1 2023, compared to ¥109,445,335.68 in Q1 2022, representing a growth of 13.4%[18] - The company aims to enhance its market position through strategic investments in R&D and cost management to navigate the current economic challenges[18] Government Support and Compliance - The company received government subsidies amounting to RMB 17,615,765.69 during the period[6] - The company has maintained compliance with legal procedures for all financial transactions reported[13] Financial Strategy - The company has issued convertible bonds as a source of funding for several structured deposits, indicating a strategic approach to capital management[13] - The company has plans for future structured deposits, with amounts such as ¥600,000,000 and ¥530,000,000 scheduled for upcoming terms[14]