江苏华辰(603097) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 215,423,296.37, representing a year-on-year increase of 19.04%[5] - The net profit attributable to shareholders decreased by 56.26% to CNY 12,536,305.61 compared to the same period last year[5] - Basic earnings per share decreased by 67.17% to CNY 0.0784, attributed to lower net profit and an increase in share capital[6] - Operating profit for Q1 2023 was CNY 14,673,128.57, compared to CNY 27,881,945.06 in the same period last year, reflecting a decrease of approximately 47.3%[21] - Net profit attributable to shareholders for Q1 2023 was CNY 12,536,305.61, down from CNY 28,658,799.41 in Q1 2022, indicating a decline of about 56.2%[22] - Net profit for Q1 2023 was CNY 13,009,556.56, down 54.5% from CNY 28,624,160.04 in Q1 2022[36] Cash Flow - The net cash flow from operating activities increased by 118.70% to CNY 5,655,528.95, primarily due to a reduction in accounts receivable[6] - Cash flow from operating activities for Q1 2023 was CNY 5,655,528.95, a significant improvement from a negative cash flow of CNY 30,240,489.87 in Q1 2022[26] - Cash flow from operating activities generated a net inflow of CNY 7,963,013.80, compared to a net outflow of CNY 30,222,001.25 in Q1 2022[40] - The company reported a net cash outflow from investing activities of CNY 130,231,758.32 in Q1 2023, compared to a net outflow of CNY 32,194,799.60 in Q1 2022[27] - The net cash flow from investment activities was -131,946,801.21, a significant decrease compared to -32,194,799.60 in the previous period, indicating a worsening investment cash flow situation[41] - The net cash flow from financing activities was 14,322,430.80, a decrease from 53,080,557.42, suggesting reduced financing efficiency[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,327,915,039.83, a decrease of 1.95% from the end of the previous year[6] - Current assets as of March 31, 2023, totaled RMB 1,019,925,593.15, a slight decrease from RMB 1,043,852,723.51 as of December 31, 2022[14] - Total liabilities decreased to RMB 483,447,315.64 from RMB 522,273,424.92, a reduction of approximately 7.4%[17] - Non-current assets amounted to RMB 307,989,446.68, down from RMB 310,409,707.08, indicating a decrease of 0.8%[16] - The company's total assets as of March 31, 2023, were RMB 1,327,915,039.83, down from RMB 1,354,262,430.59[16] - Total liabilities decreased to CNY 486,424,798.23 from CNY 523,401,272.65, a decline of 7.1%[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,209[10] - The top shareholder, Zhang Xiaojin, holds 52.50% of the shares, totaling 84,000,000 shares[11] Research and Development - Research and development expenses for Q1 2023 were CNY 12,039,193.03, significantly higher than CNY 5,245,255.72 in Q1 2022, marking an increase of approximately 129.3%[21] - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[36] Inventory and Accounts Receivable - Inventory increased to RMB 261,197,607.49 from RMB 242,046,154.25, reflecting a growth of 7.9%[14] - The company reported a decrease in accounts receivable to RMB 455,200,756.40 from RMB 511,522,409.91, a decline of 11.0%[14] - The company reported a decrease in accounts payable to CNY 148,839,764.94 from CNY 187,566,962.01, a decline of 20.6%[32] Other Financial Metrics - The weighted average return on equity decreased by 4.02 percentage points to 1.50%[6] - The company incurred a credit impairment loss of CNY 2,271,872.23 in Q1 2023, a decrease from CNY 10,595,467.27 in Q1 2022, indicating an improvement in credit quality[21] - Total operating costs for Q1 2023 were CNY 202,462,819.40, an increase from CNY 166,560,863.70 in Q1 2022, representing a growth of approximately 21.5%[21] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 74,400,444.02, down from CNY 20,461,304.71 at the end of Q1 2022[27] - The total cash and cash equivalents at the end of the period were 74,347,262.84, down from 184,013,315.96, indicating a significant reduction in liquidity[41]