华菱精工(603356) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 302,318,868.50, representing a year-on-year increase of 13.82%[5] - The net profit attributable to shareholders of the listed company was CNY -861,234.92, with a net profit excluding non-recurring items of CNY -10,142,100.82[5] - The company reported a net loss for Q1 2023, with total costs exceeding total revenues, indicating challenges in maintaining profitability[19] - The net profit for Q1 2023 was -4,659,531.25 CNY, compared to -7,253,184.70 CNY in Q1 2022, showing an improvement of approximately 35%[22] - Operating profit for Q1 2023 was -15,180,308.86 CNY, which is a decline from -7,444,684.00 CNY in the same period last year[21] - The company reported a total comprehensive income of -4,659,531.25 CNY for Q1 2023, compared to -7,253,184.70 CNY in Q1 2022[22] - The basic and diluted earnings per share for Q1 2023 were both -0.01 CNY, an improvement from -0.04 CNY in Q1 2022[22] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -17,616,371.80, indicating a decrease in cash inflow[5] - Cash flow from operating activities for Q1 2023 was -17,616,371.80 CNY, an improvement from -44,691,355.69 CNY in Q1 2022[25] - The company incurred a total of 381,086,394.57 CNY in cash outflows from operating activities in Q1 2023, compared to 461,595,761.13 CNY in Q1 2022[25] - The net cash flow from financing activities in Q1 2023 was -49,083,640.30 CNY, compared to a positive cash flow of 102,616,928.63 CNY in Q1 2022[25] - Cash and cash equivalents decreased to CNY 241,974,327.46 as of March 31, 2023, down from CNY 344,907,120.07 as of December 31, 2022, representing a decline of 29.8%[16] - The cash and cash equivalents at the end of Q1 2023 stood at 241,974,327.46 CNY, compared to 209,513,508.43 CNY at the end of Q1 2022[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,057,236,734.52, down 6.24% from the end of the previous year[6] - Total assets decreased to CNY 2,057,236,734.52 as of March 31, 2023, down from CNY 2,194,173,676.58 at the end of 2022, a decline of 6.3%[18] - Total liabilities decreased to CNY 1,091,040,563.63 in Q1 2023 from CNY 1,225,569,672.31 in Q4 2022, a reduction of 10.9%[17] - Non-current assets totaled CNY 911,600,581.17 as of March 31, 2023, down from CNY 935,061,505.17 at the end of 2022, a decrease of 2.5%[16] Shareholder Information - The company has a total of 9,652 common shareholders at the end of the reporting period[9] - The major shareholder, Huang Yehua, holds 23.58% of the shares, amounting to 31,445,000 shares, with 12,000,000 shares pledged[9] Future Outlook - The company plans to focus on cost control and efficiency improvements in the upcoming quarters to enhance financial performance[19] - The company has signed agreements regarding the equity transfer of Jiangsu Sansi, which will impact future financial indicators due to performance compensation clauses[11][12] Revenue and Costs - Total operating revenue for Q1 2023 was CNY 302,318,868.50, an increase of 13.8% compared to CNY 265,607,616.78 in Q1 2022[19] - Total operating costs for Q1 2023 were CNY 320,033,276.71, up from CNY 280,346,963.32 in Q1 2022, reflecting a year-over-year increase of 14.2%[19] - Gross profit margin decreased to approximately 5.5% in Q1 2023 from 10.5% in Q1 2022, indicating increased cost pressures[19] - Total revenue from sales and services received in Q1 2023 was 359,116,783.23 CNY, down from 411,504,414.53 CNY in Q1 2022, representing a decrease of approximately 12.7%[24] Non-Recurring Items - The company recognized a non-recurring gain of CNY 9,280,865.90 during the reporting period, primarily due to the conversion of unpaid equity transfer payments into non-operating income[7] Return on Assets - The weighted average return on net assets was -0.11% for the reporting period[6]