江瀚新材(603281) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥580,955,839.17, representing a decrease of 39.53% compared to the same period last year[13] - Net profit attributable to shareholders was ¥154,388,156.99, down 49.07% year-on-year[13] - The net profit after deducting non-recurring gains and losses was ¥144,617,732.31, reflecting a decline of 50.60% compared to the previous year[13] - Basic and diluted earnings per share were both ¥0.63, down 58.33% from the same period last year[14] - Operating profit for the first quarter was CNY 178,365,035.55, down 49% from CNY 350,672,196.58 year-over-year[24] - Total profit for the quarter was CNY 178,432,755.51, a decline of 49% from CNY 351,717,779.58 in the previous year[24] - The total comprehensive income for the quarter was CNY 154,388,156.99, down 49% from CNY 303,127,916.99 in the same period last year[24] Cash Flow - The net cash flow from operating activities was ¥55,993,785.62, a significant drop of 77.95% year-on-year[13] - The net cash flow from operating activities was ¥55,993,785.62, down 78.0% from ¥253,976,106.45 in the same period last year[38] - The net cash flow from investment activities was -¥909,150,027.63, worsening from -¥188,793,283.85 year-on-year[38] Assets and Liabilities - Total assets increased by 70.12% to ¥5,015,377,025.09 compared to the end of the previous year[14] - The total assets amounted to ¥5,015,377,025.09, an increase from ¥2,948,187,828.29 year-on-year[34] - The total liabilities were ¥412,343,106.64, down from ¥561,634,690.81 in the previous year[34] - The company's cash and cash equivalents at the end of Q1 2023 were ¥2,690,570,078.10, significantly up from ¥521,513,243.59 at the end of Q1 2022[38] Shareholder Equity - Equity attributable to shareholders rose by 92.87% to ¥4,603,033,918.45, driven by new share issuance[14] - The total equity increased to ¥4,603,033,918.45 from ¥2,386,553,137.48 year-on-year, reflecting a robust financial position[34] Non-Recurring Items - Non-recurring gains and losses amounted to ¥9,770,424.68, with government subsidies contributing ¥8,578,984.76[15] Economic Factors - The decline in revenue and profit was attributed to macroeconomic factors such as tightening monetary policy and inflation, despite a slight increase in product sales[16] Other Income and Expenses - The company reported other income of CNY 9,154,336.87, an increase from CNY 6,797,116.34 year-over-year[24] - Income tax expense for the quarter was CNY 24,044,598.52, down 50% from CNY 48,589,862.59 in the previous year[24] - Investment income for the quarter was CNY 1,840,560.44, a decrease from CNY 4,394,000.00 year-over-year[24] - The company had a credit impairment loss of CNY -170,660.66, indicating a negative impact on financial performance[24] Research and Development - Research and development expenses for Q1 2023 were ¥18,133,118.74, a decrease of 34.8% from ¥27,785,362.29 in Q1 2022[36] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,087, with the largest shareholder holding 10.12% of the shares[29] Financing Activities - The company raised ¥2,082,666,678.53 from financing activities, indicating strong capital inflow[38]