海通发展(603162) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥334,054,241.04, representing a decrease of 12.28% compared to the same period last year[6] - Net profit attributable to shareholders was ¥76,754,898.21, down 40.66% year-on-year[6] - Basic earnings per share decreased by 46.58% to ¥0.19[6] - Operating revenue for the first quarter of 2023 was 334,054,241.04, a decrease from 380,836,116.64 in the same period of 2022, representing a decline of approximately 12.3%[31] - Net profit for the first quarter of 2023 was 76,754,898.21, down from 129,341,284.21 in the first quarter of 2022, reflecting a decrease of approximately 40.6%[31] - Cash received from sales of goods and services was 312,284,579.16, down from 371,118,942.22, a decrease of about 15.8%[37] - Investment income received in the first quarter of 2023 was 120,378.23, down from 246,437.66, a decrease of about 51.1%[37] - Other comprehensive income after tax for the first quarter of 2023 was -18,076,732.97, compared to -3,063,252.37 in the first quarter of 2022[34] Cash Flow - The net cash flow from operating activities was ¥24,910,395.23, reflecting a significant decline of 78.36% compared to the previous year[6] - The net cash flow from operating activities decreased significantly to 24,910,395.23 from 115,125,862.77, a decline of about 78.3%[37] - Cash outflow from operating activities totaled 300,769,306.24, an increase from 269,329,028.18, reflecting an increase of approximately 11.7%[37] - The net cash flow from investing activities was -$236.16 million, compared to -$29.10 million in the previous period[38] - The total cash inflow from financing activities amounted to $1.45 billion, with a net cash flow of $1.41 billion after outflows[38] - Cash and cash equivalents increased by $1.19 billion, resulting in an ending balance of $1.93 billion[38] - The cash outflow for financing activities was $34.06 million, down from $63.95 million in the previous period[38] - The impact of exchange rate changes on cash and cash equivalents was -$8.85 million[38] Assets and Liabilities - Total assets increased by 55.33% to ¥4,032,274,527.67 compared to the end of the previous year[9] - Total liabilities decreased to CNY 485,196,193.71 from CNY 549,729,185.78 year-over-year, reflecting a reduction of approximately 12%[27] - The company's total equity rose to CNY 3,547,078,333.96, up from CNY 2,046,292,540.55, marking an increase of around 73%[27] - As of March 31, 2023, the company's total current assets reached CNY 2,226,135,734.22, a significant increase from CNY 944,161,564.06 in the same period last year, representing a growth of approximately 136%[22] - The company's cash and cash equivalents amounted to CNY 1,927,543,891.97, compared to CNY 732,065,203.17 as of March 31, 2022, indicating an increase of about 163%[22] - Accounts receivable increased to CNY 81,016,536.55 from CNY 60,905,510.20, showing a growth of approximately 33% year-over-year[22] - Inventory decreased significantly to CNY 11,534,178.58 from CNY 27,721,196.45, indicating a reduction of about 58%[22] - The company’s fixed assets increased to CNY 1,024,849,766.21 from CNY 955,124,626.76, reflecting a growth of about 7%[25] - The company’s retained earnings as of March 31, 2023, were CNY 1,493,467,910.93, compared to CNY 1,416,713,012.72, indicating an increase of approximately 5%[27] Costs and Expenses - Total operating costs increased to 262,031,902.81 from 239,950,042.54, marking an increase of about 9.5%[31] - The decline in net profit was attributed to market supply and demand dynamics, geopolitical factors, and increased costs[14] Corporate Actions - The company completed its initial public offering, significantly increasing its total assets and equity[15] - The company did not apply new accounting standards for the current financial reporting period[40] - The weighted average return on equity decreased by 3.69 percentage points to 2.63%[9] - Non-recurring gains and losses amounted to ¥5,549,006.22, influenced by higher non-recurring income compared to the previous year[12]