HMT(SH:603306)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 419,719,812.77, representing a year-on-year increase of 22.01%[5] - The net profit attributable to shareholders decreased by 52.44% to CNY 28,706,767.44 compared to the same period last year[5] - Basic earnings per share were CNY 0.09, down 55.22% year-on-year[6] - The net profit for Q1 2023 was CNY 25,288,616.71, a decrease of 60% compared to CNY 63,152,219.72 in Q1 2022[19] - The total comprehensive income for Q1 2023 was CNY 23,557,805.28, significantly lower than CNY 63,644,020.83 in Q1 2022[20] - The total operating profit for Q1 2023 was CNY 34,776,032.87, down from CNY 74,132,015.74 in Q1 2022[19] Cash Flow and Assets - The net cash flow from operating activities increased significantly by 189.46% to CNY 30,826,500.70[5] - Cash and cash equivalents as of March 31, 2023, were RMB 691,951,029.49, down from RMB 750,630,415.75 as of December 31, 2022, a decrease of 7.8%[14] - The cash and cash equivalents at the end of Q1 2023 were CNY 691,951,029.49, compared to CNY 586,859,616.13 at the end of Q1 2022[22] - The company reported a net cash outflow from investing activities of CNY -88,579,740.45, an improvement from CNY -169,727,273.88 in the previous year[22] Research and Development - The company experienced a significant increase in research and development expenses, which rose by CNY 5,685,500, contributing to the decline in net profit[8] - Research and development expenses increased to RMB 21,390,195.29 in Q1 2023, compared to RMB 15,704,733.73 in Q1 2022, reflecting a growth of 36.2%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,098[9] - The top shareholder, Dongyang Huasheng Enterprise Management Partnership, held 15.36% of the shares, totaling 49,228,260 shares[10] Liabilities and Equity - Total liabilities decreased to RMB 351,458,594.02 in Q1 2023 from RMB 448,345,874.85 in Q1 2022, a reduction of 21.6%[16] - The equity attributable to shareholders of the parent company increased to RMB 3,209,943,771.73 as of March 31, 2023, compared to RMB 3,141,836,722.91 at the end of 2022, an increase of 2.2%[17] Revenue and Costs - Total operating revenue for Q1 2023 reached RMB 419,719,812.77, an increase of 22.0% compared to RMB 344,012,508.35 in Q1 2022[17] - Total operating costs for Q1 2023 were RMB 382,666,946.43, up 25.8% from RMB 304,263,273.89 in Q1 2022[17] Investment and Impairment - The company reported an investment loss of RMB 7,941,801.26 in Q1 2023, compared to a loss of RMB 5,943,883.88 in Q1 2022[17] - The company experienced a fair value loss of CNY -94,358.45 in Q1 2023, compared to a gain of CNY 148,974.90 in the previous year[19] - The company incurred a credit impairment loss of CNY 4,779,059.17 in Q1 2023, contrasting with a gain of CNY -1,066,543.79 in Q1 2022[19] Accounts Receivable and Inventory - The company’s accounts receivable decreased to RMB 464,526,631.19 as of March 31, 2023, from RMB 520,852,229.36 at the end of 2022, a decline of 10.8%[14] - The company’s inventory as of March 31, 2023, was RMB 245,295,778.50, down from RMB 270,473,709.84 at the end of 2022, a decrease of 9.3%[15]