百达精工(603331) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 345,907,639.34, representing a year-on-year increase of 12.19%[5] - Net profit attributable to shareholders for the same period was CNY 35,111,099.76, a significant increase of 112.47% compared to the previous year[5] - The basic earnings per share for Q1 2023 was CNY 0.20, reflecting a growth of 112.61% year-on-year[6] - Operating profit for Q1 2023 was ¥43,691,299.63, up from ¥19,054,280.39 in Q1 2022, representing a growth of 129.1%[24] - Net profit for Q1 2023 was ¥34,872,850.96, compared to ¥16,253,973.56 in Q1 2022, marking an increase of 114.5%[24] - Earnings per share for Q1 2023 were ¥0.20, up from ¥0.09 in Q1 2022, reflecting a growth of 122.2%[25] Cash Flow - The net cash flow from operating activities was CNY 52,314,522.75, an increase of 20.01% year-on-year[5] - Cash flow from operating activities was ¥301,681,456.81 in Q1 2023, down from ¥315,209,299.14 in Q1 2022, a decrease of 4.3%[27] - Total cash inflow from operating activities amounted to $321,066,550.92, while cash outflow was $268,752,028.17, resulting in a net cash flow of $52,314,522.75[28] - Cash inflow from financing activities totaled $153,933,374.79, with a net cash flow of $30,135,689.16, compared to $12,328,687.63 in the previous year[29] - The company reported a net increase in cash and cash equivalents of $49,079,675.55, compared to $6,319,402.83 in the previous year[29] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,155,692,576.10, up 2.04% from the end of the previous year[6] - Current assets totaled RMB 959,907,744.83, compared to RMB 914,729,822.00 at the end of 2022, indicating an increase of about 5%[20] - Total liabilities decreased to ¥874,372,271.98 in Q1 2023 from ¥1,108,506,652.90 in Q1 2022, a reduction of 21.0%[22] - Total equity increased to ¥1,281,320,304.12 in Q1 2023 from ¥1,004,159,620.98 in Q1 2022, an increase of 27.6%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,088[13] - A total of RMB 278,772,000 of convertible bonds were converted into shares, with a total conversion volume of 25,136,016 shares[17] Expenses - The company experienced a 32.88% increase in selling expenses due to higher product sales volume[11] - Research and development expenses for Q1 2023 were ¥9,983,394.17, slightly up from ¥9,958,646.01 in Q1 2022, indicating a focus on innovation[23] - The company reported a financial expense of -¥768,768.80 in Q1 2023, a significant improvement compared to ¥10,305,181.96 in Q1 2022[23] Strategic Initiatives - The company plans to continue focusing on market expansion and new product development as part of its strategic initiatives[16]