新泉股份(603179) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 reached ¥2,172,763,496.67, representing a year-on-year increase of 45.81%[4] - Net profit attributable to shareholders for Q1 2023 was ¥151,533,099.28, an increase of 81.63% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥149,195,669.94, reflecting an increase of 87.56% year-on-year[4] - The basic and diluted earnings per share for Q1 2023 were both ¥0.31, up 82.35% from the previous year[5] - Total operating revenue for Q1 2023 reached ¥2,172,763,496.67, a 46% increase from ¥1,490,098,346.44 in Q1 2022[18] - Net profit for Q1 2023 was ¥153,823,445.05, compared to ¥83,761,186.49 in Q1 2022, representing an increase of 83.5%[19] - Earnings per share for Q1 2023 was ¥0.31, up from ¥0.17 in Q1 2022, indicating a significant growth in profitability[20] - The company reported a comprehensive income total of ¥156,975,947.16 for Q1 2023, compared to ¥84,966,263.06 in Q1 2022[20] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥9,917,716,590.62, a 6.27% increase from the end of the previous year[5] - Shareholders' equity attributable to the parent company was ¥4,234,900,609.88, up 3.81% from the previous year[5] - The total liabilities as of Q1 2023 amounted to ¥5,631,325,505.32, an increase from ¥5,203,208,222.53 in the previous year[19] - The total current liabilities amounted to RMB 4.77 billion, a slight increase from RMB 4.75 billion, reflecting a growth of approximately 0.14%[16] Cash Flow - The net cash flow from operating activities decreased by 35.75% to ¥116,839,194.81, primarily due to a reduction in cash receipts[4][8] - Cash inflow from operating activities for Q1 2023 was approximately $1.68 billion, up from $1.21 billion in Q1 2022, representing an increase of about 39%[22] - Net cash flow from operating activities decreased to approximately $116.84 million in Q1 2023 from $181.84 million in Q1 2022, a decline of about 36%[22] - Total cash outflow for operating activities in Q1 2023 was approximately $1.57 billion, compared to $1.03 billion in Q1 2022, reflecting an increase of about 53%[22] - The ending cash and cash equivalents balance for Q1 2023 was approximately $453.35 million, down from $877.07 million at the end of Q1 2022, a decrease of about 48%[23] Investments and Financing - The company plans to issue convertible bonds to unspecified investors, with the proposal approved by the board and pending regulatory review[14] - The company is actively pursuing the issuance of convertible bonds, with the Shanghai Stock Exchange accepting the application materials for review[14] - The company has engaged in financing and securities lending activities, with a total of 28.60 million shares involved in such transactions[13] - Cash outflow from investing activities in Q1 2023 was approximately $196.31 million, compared to $137.13 million in Q1 2022, indicating an increase of about 43%[23] - Net cash flow from investing activities was negative at approximately -$196.18 million in Q1 2023, compared to a positive $32.89 million in Q1 2022[23] - Cash inflow from financing activities in Q1 2023 was approximately $649.10 million, significantly higher than $222.93 million in Q1 2022, marking an increase of about 191%[23] - Net cash flow from financing activities improved to approximately $83.49 million in Q1 2023, compared to a negative $8.66 million in Q1 2022[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,194[9] Research and Development - Research and development expenses for Q1 2023 totaled ¥106,052,797.91, compared to ¥74,052,513.65 in Q1 2022, marking a 43.3% increase[19] Other Financial Metrics - The weighted average return on equity increased by 1.42 percentage points to 3.65%[5] - The company's cash and cash equivalents amounted to RMB 790.37 million, up from RMB 757.82 million in the previous year, indicating an increase of approximately 4.00%[15] - Accounts receivable stood at RMB 1.97 billion, slightly increasing from RMB 1.96 billion year-over-year, reflecting a growth of about 0.09%[15] - The company's inventory was reported at RMB 1.76 billion, which is an increase from RMB 1.75 billion, showing a growth of approximately 0.22%[15] - Short-term borrowings decreased significantly to RMB 305.30 million from RMB 525.59 million, a reduction of about 42.00%[16] - The company reported a significant increase in long-term construction projects, with ongoing projects valued at RMB 694.89 million, up from RMB 484.13 million, indicating a growth of approximately 43.50%[16] - The deferred income as of Q1 2023 was ¥71,920,074.62, slightly down from ¥73,272,224.73 in the previous year[19] - The company’s financial expenses showed a significant reduction, with a net financial expense of -¥7,777,971.27 in Q1 2023 compared to ¥6,909,555.30 in Q1 2022[19] - The company reported a cash inflow of $15.69 million from tax refunds in Q1 2023, compared to $8.97 million in Q1 2022, an increase of about 75%[22] - The company experienced a negative impact of approximately -$5.65 million from foreign exchange fluctuations on cash and cash equivalents in Q1 2023[23]