中材节能(603126) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 603,219,101.04, representing a year-on-year increase of 3.54%[5] - The net profit attributable to shareholders of the listed company was CNY 34,718,826.95, an increase of 8.48% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 32,074,862.65, showing a significant increase of 81.96% year-on-year, primarily due to the increase in gross profit from energy-saving and environmental protection engineering business[8] - The basic earnings per share for the period was CNY 0.0569, reflecting an increase of 8.59%[5] - Total operating revenue for Q1 2023 was ¥603,219,101.04, an increase from ¥582,606,371.44 in Q1 2022, representing a growth of approximately 3.5%[19] - Net profit for Q1 2023 reached ¥50,860,061.69, compared to ¥48,352,099.16 in Q1 2022, reflecting a year-over-year increase of approximately 5.2%[20] - The company reported a total comprehensive income of ¥54,099,376.73 for Q1 2023, compared to ¥46,189,491.97 in Q1 2022, representing an increase of about 16.3%[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,973,988,329.52, a slight decrease of 0.11% from the end of the previous year[5] - As of March 31, 2023, total assets amounted to CNY 4,973,988,329.52, a slight decrease from CNY 4,979,403,615.95 in the previous period[15] - Total liabilities were reported at CNY 2,479,159,497.08, down from CNY 2,539,339,715.00[16] - The company's total equity reached CNY 2,494,828,832.44, compared to CNY 2,440,063,900.95 previously, indicating an increase of approximately 2.23%[16] Cash Flow - The net cash flow from operating activities was negative at CNY -215,742,383.79, indicating a decrease primarily due to increased cash payments for goods and services in the energy-saving and equipment manufacturing businesses[8] - The net cash flow from operating activities for Q1 2023 was -¥215,742,383.79, an improvement from -¥1,283,211.64 in Q1 2022[25] - The company’s total cash inflow from operating activities in Q1 2023 was ¥493,269,003.00, down from ¥542,260,473.62 in Q1 2022, showing a decrease of about 9.0%[25] - The net cash flow from investing activities was -$11,923,878.56, indicating a significant outflow compared to the previous period's -$104,076,998.59[26] - The cash inflow from financing activities totaled $19,854,284.20, while cash outflow was $14,178,464.24, resulting in a net cash flow of $5,675,819.96 from financing activities[26] - The total cash and cash equivalents at the end of the period decreased to $637,031,103.85 from $734,132,551.86, reflecting a net decrease of $222,788,619.99[26] Shareholder Information - The top shareholder, China National Materials Group Corporation, holds 50.66% of the shares, totaling 309,275,786 shares[10] Expenses and Costs - Total operating costs for Q1 2023 were ¥548,805,335.69, slightly up from ¥546,577,502.76 in Q1 2022, indicating a marginal increase of about 0.4%[20] - Research and development expenses for Q1 2023 totaled ¥35,284,783.82, down from ¥37,136,278.41 in Q1 2022, indicating a decrease of approximately 5%[20] - The tax expenses for Q1 2023 were ¥9,203,613.64, compared to ¥8,705,984.39 in Q1 2022, reflecting an increase of approximately 5.7%[20] Other Income and Gains - The company reported a non-recurring gain of CNY 2,643,964.30 for the period, which includes government subsidies and other income[8] - The company recorded other income of ¥205,549.10 in Q1 2023, significantly higher than ¥63,641.31 in Q1 2022, indicating a substantial increase[20] Changes in Financial Position - The company's current assets totaled CNY 3,500,814,521.98, compared to CNY 3,533,541,581.95 in the previous period, indicating a decrease of approximately 0.93%[14] - Cash and cash equivalents were CNY 811,344,983.23, a decrease from CNY 1,041,970,998.49, reflecting a decline of about 22.08%[14] - Accounts receivable increased to CNY 1,250,571,955.93 from CNY 1,213,920,951.09, representing a growth of approximately 3.03%[14] - Inventory levels rose to CNY 463,758,392.66, up from CNY 430,159,138.80, marking an increase of about 7.3%[14] - Short-term borrowings decreased to CNY 30,000,000.00 from CNY 40,000,000.00, a reduction of 25%[15] - The company reported a decrease in employee compensation payable from CNY 55,963,173.57 to CNY 25,230,431.62, a decline of approximately 54.9%[15] - The total non-current assets were CNY 1,473,173,807.54, an increase from CNY 1,445,862,034.00, reflecting a growth of about 1.88%[15] Accounting Standards - The company did not apply new accounting standards or interpretations for the first quarter of 2023[27] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[1]