汇顶科技(603160) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥843,912,227.92, representing a decrease of 3.47% compared to the same period last year[4] - The net profit attributable to shareholders was -¥138,835,793.05, a decline of 174.86% year-over-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥156,621,961.20, down 416.17% from the previous year[4] - Basic earnings per share were -¥0.30, a decrease of 172.73% compared to the same period last year[5] - Diluted earnings per share were -¥0.31, down 177.92% year-over-year[5] - Net loss for Q1 2023 was ¥138,835,696.19, compared to a net loss of ¥50,513,629.13 in Q1 2022, representing a significant increase in losses[17] - Basic earnings per share for Q1 2023 was -¥0.30, compared to -¥0.11 in Q1 2022[18] Cash Flow and Liquidity - The net cash flow from operating activities was ¥18,130,898.32, an increase of 107.99% year-over-year[4] - Cash flow from operating activities in Q1 2023 was ¥914,778,242.66, down 34.4% from ¥1,394,914,394.13 in Q1 2022[19] - The net cash flow from operating activities for Q1 2023 was $18.13 million, a significant improvement from a negative $226.85 million in Q1 2022[20] - Total cash and cash equivalents at the end of Q1 2023 amounted to $1.09 billion, compared to $1.74 billion at the end of Q1 2022[21] - The net increase in cash and cash equivalents for Q1 2023 was $24.44 million, a decrease from $598.33 million in Q1 2022[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,128,115,930.16, a decrease of 3.17% from the end of the previous year[5] - The company's current assets totaled approximately ¥5.06 billion, down from ¥5.45 billion, indicating a decrease of around 7.2%[13] - Total liabilities decreased to approximately ¥1.46 billion from ¥1.65 billion, a decline of about 11.2%[15] - The company's equity attributable to shareholders was approximately ¥7.67 billion, down from ¥7.78 billion, reflecting a decrease of about 1.5%[15] Operational Efficiency - The decline in net profit was primarily due to intensified market competition leading to a decrease in gross margin[8] - The cash flow from operating activities showed a notable recovery, indicating improved operational efficiency[20] Expenses - Research and development expenses for Q1 2023 were ¥308,300,830.28, a decrease of 10.2% from ¥343,226,548.48 in Q1 2022[16] - Sales expenses increased to ¥75,043,216.91 in Q1 2023, up 60.6% from ¥46,675,315.12 in Q1 2022[16] - The company experienced a significant increase in financial expenses, with interest expenses rising to ¥5,441,979.14 in Q1 2023 from ¥3,591,923.04 in Q1 2022[16] Foreign Exchange and Other Income - The company reported a foreign exchange loss of ¥142,073,296.56 in Q1 2023, compared to a loss of ¥23,900,489.49 in Q1 2022[16] - Other income for Q1 2023 was ¥21,440,070.24, down from ¥24,813,774.48 in Q1 2022[16] Shareholder Information - The company has a total of 206,296,376 shares held by its largest shareholder, Zhang Fan, indicating significant ownership concentration[11]