台华新材(603055) - 2023 Q1 - 季度财报

Financial Performance - Net profit for the period was CNY 74,462,638.15, a decrease of 34.8% compared to CNY 114,303,260.24 in the previous period[20] - The company reported a decrease in operating profit to CNY 86,368,815.63 from CNY 130,915,005.23, a decline of about 34%[20] - The net profit attributable to shareholders decreased by 35.1% to ¥74,480,089.18 compared to the same period last year[27] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 68.32% to ¥28,279,287.46[27] - The company reported a total comprehensive income of ¥72,866,638.15 for Q1 2023, compared to ¥114,303,260.24 in Q1 2022[41] - Net profit for Q1 2023 was a loss of ¥5,580,927.29 compared to a profit of ¥7,285,992.91 in Q1 2022[47] Cash Flow - Cash flow from operating activities decreased by 121.17% due to higher cash payments for goods and services[10] - Cash flow from operating activities was negative at CNY -54,362,901.02, compared to a positive CNY 256,852,124.95 in the prior period[22] - The cash inflow from operating activities was CNY 357,339,329.06, a decrease of 8.2% compared to CNY 389,446,340.27 in Q1 2022[48] - The cash outflow from operating activities totaled CNY 351,190,513.98, down 21.2% from CNY 445,960,152.57 in the same period last year[48] - The net cash flow from operating activities was CNY 6,148,815.08, a significant improvement from a negative CNY 56,513,812.30 in Q1 2022[65] Assets and Liabilities - Total assets increased by 6.47% to CNY 8,077,146,669.07 compared to CNY 7,586,048,216.34 in the previous period[7] - Total assets increased to CNY 8,077,146,669.07, up from CNY 7,586,048,216.34, representing a growth of approximately 6.5% year-over-year[18] - Total liabilities increased to CNY 3,914,707,815.89, up from CNY 3,502,583,883.33 year-over-year[53] - Total liabilities increased to ¥1,224,160,637.97 from ¥1,100,506,933.39, an increase of about 11.23%[45] - Current assets decreased to ¥547,318,484.57 from ¥555,224,096.64, a decline of about 1.63%[44] - Cash and cash equivalents dropped to ¥35,527,984.21 from ¥47,533,179.00, a decrease of approximately 25.24%[44] Equity - Equity attributable to shareholders rose by 1.93% to CNY 4,164,271,444.67 from CNY 4,085,279,473.48[7] - Total equity attributable to shareholders increased to CNY 4,164,271,444.67 from CNY 4,085,279,473.48, marking a growth of approximately 1.9%[18] - The total owner's equity was CNY 2,186,000,000.00, reflecting a slight increase from CNY 2,185,000,000.00 in Q1 2022[53] - Owner's equity totaled ¥2,532,386,324.11, slightly up from ¥2,531,859,369.39, indicating a marginal increase[46] Operational Metrics - The company's operating revenue for Q1 2023 was ¥970,496,811.82, representing a year-on-year increase of 2.67%[27] - The total operating costs for Q1 2023 were ¥903,875,052.71, up from ¥828,006,003.79 in Q1 2022[39] - Operating revenue for Q1 2023 was ¥159,129,476.72, down from ¥204,548,302.19 in Q1 2022, a decrease of about 22.16%[46] - Basic and diluted earnings per share were both ¥0.08, down 38.46% from the previous year[27] Investments and Development - The company plans to expand its market presence and invest in new product development[10] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[57] - Research and development expenses for the quarter were ¥49,995,997.34, down from ¥58,504,020.00 in the same quarter last year[39] - Research and development expenses decreased to ¥6,852,482.08 from ¥9,795,695.24, a reduction of approximately 30.00%[46] Other Financial Metrics - Financial expenses increased by 50.59% primarily due to higher exchange losses[10] - Investment income grew by 44.44% attributed to increased interest income from investments[10] - The company reported a significant increase in government subsidies, rising by 89.02%[10] - The company received government subsidies amounting to ¥59,986,428.10, which were included in the current period's profit[29] - The company reported a significant increase in prepayments to CNY 5,343,603.47 from CNY 1,867,332.78 in the previous year[53]