KHtech(SH:603052)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥136,831,081.44, representing a decrease of 41.29% compared to the same period last year[4] - The net profit attributable to shareholders was ¥18,635,063.66, down 42.12% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 56.20% to ¥14,051,847.09[4] - Basic and diluted earnings per share were both ¥0.27, reflecting a decline of 56.59% compared to the previous year[4] - The weighted average return on equity decreased by 5.57 percentage points to 1.70%[4] - Total operating revenue for Q1 2023 was ¥136,831,081.44, a decrease of 41.2% compared to ¥233,076,023.37 in Q1 2022[16] - Net profit for Q1 2023 was ¥18,635,063.66, a decline of 42.2% from ¥32,195,429.39 in Q1 2022[17] - Earnings per share for Q1 2023 was ¥0.27, compared to ¥0.62 in Q1 2022, reflecting a decrease of 56.5%[17] Cash Flow - The net cash flow from operating activities increased by 63.40% to ¥53,373,253.51[4] - In Q1 2023, the company reported cash inflows from operating activities of ¥208,659,508.22, an increase of 13.65% compared to ¥183,628,140.96 in Q1 2022[18] - The net cash flow from operating activities for Q1 2023 was ¥53,373,253.51, up 63.36% from ¥32,663,624.09 in the same period last year[18] - The company experienced a net cash decrease of ¥348,891,389.23 in Q1 2023, contrasting with a net increase of ¥31,479,586.39 in Q1 2022[19] - Cash and cash equivalents at the end of Q1 2023 amounted to ¥171,258,322.03, down from ¥225,613,464.38 at the end of Q1 2022[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,469,734,939.96, a decrease of 1.54% from the end of the previous year[5] - Total current assets as of March 31, 2023, amounted to ¥1,322,673,228.42, a slight decrease from ¥1,349,837,076.87 at the end of 2022[14] - Total liabilities as of Q1 2023 amounted to ¥363,824,435.70, a decrease of 10.3% from ¥405,490,468.40 in the previous year[16] - Total equity attributable to shareholders was ¥1,105,910,504.26, an increase of 1.6% from ¥1,087,275,440.60 in Q1 2022[16] - The total assets as of March 31, 2023, were ¥1,469,734,939.96, down from ¥1,492,765,909.00, indicating a decrease of about 1.5%[14] Shareholder Information - Total number of common shareholders at the end of the reporting period was 9,422[9] - The top two shareholders, Zhu Chunhua and Shi Huiqing, hold 36.34% and 33.28% of shares respectively, indicating a significant concentration of ownership[10] Revenue Breakdown - The decline in revenue was primarily due to a 30% decrease in battery-related functional device revenue and a 50% decrease in structural functional device revenue, influenced by the downstream new energy and consumer electronics industries[7] - The gross margin decreased by approximately 5% due to a drop in unit prices of new energy battery-related functional devices[7] Investment Activities - The company recorded cash inflows from investment activities totaling ¥201,618,908.22, with a significant cash inflow of ¥200,000,000.00 from other investment-related activities[19] - The net cash flow from investment activities was -¥400,818,368.30, indicating a substantial increase in cash outflows compared to -¥428,000.00 in Q1 2022[19] - The total cash outflows from investment activities were ¥602,437,276.52, significantly higher than ¥428,000.00 in the previous year[19] Research and Development - Research and development expenses for Q1 2023 were ¥7,135,495.86, up 11.4% from ¥6,404,747.90 in Q1 2022[16]