康隆达(603665) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 353,152,224.62, representing a year-on-year increase of 40.63%[4] - The net profit attributable to shareholders was a loss of CNY 23,701,071.22, a decrease of 227.76% compared to the same period last year[4] - The net cash flow from operating activities was a negative CNY 53,735,531.46, reflecting a decline of 3,192.78% year-on-year[4] - Total revenue for Q1 2023 was CNY 353,152,224.62, an increase of 40.7% compared to CNY 251,117,909.66 in Q1 2022[15] - Net loss for Q1 2023 was CNY 38,165,579.59, compared to a net profit of CNY 17,589,280.07 in Q1 2022[16] - Operating profit for Q1 2023 was CNY -47,131,046.68, compared to CNY 16,641,237.49 in Q1 2022, indicating a significant downturn[16] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,638,480,997.99, down 11.59% from the end of the previous year[5] - Total liabilities decreased to CNY 2,098,524,911.80 in Q1 2023 from CNY 2,473,974,372.77 in Q1 2022, a reduction of 15.1%[15] - Total equity decreased to CNY 1,539,956,086.19 in Q1 2023 from CNY 1,641,325,608.37 in Q1 2022, a decline of 6.2%[15] - Total current assets amounted to RMB 1,168,779,328.12, a decrease from RMB 1,703,566,928.04 as of December 31, 2022, reflecting a decline of approximately 31.3%[12] - Total assets as of March 31, 2023, were RMB 3,638,480,997.99, down from RMB 4,115,299,981.14, a decrease of approximately 11.6%[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,218[8] - The top shareholder, Shaoxing Shangyu Dongda Knitting Co., Ltd., held 25,900,611 shares, accounting for 15.81% of the total shares[8] - The company reported a total of 11,100,000 shares held by a major shareholder through a credit account, indicating significant shareholder engagement in financing activities[10] Cash Flow and Investments - Cash and cash equivalents decreased to RMB 323,569,825.19 from RMB 811,458,352.12, indicating a reduction of about 60.2%[12] - Cash inflow from investment activities totaled $7,287,606.38 in Q1 2023, significantly up from $1,353,704.99 in Q1 2022[19] - The net cash outflow from investment activities was -$82,936,206.84 in Q1 2023, compared to -$186,332,647.10 in Q1 2022, indicating a reduced outflow[19] - Cash inflow from financing activities was $314,385,045.05 in Q1 2023, slightly down from $350,683,602.52 in Q1 2022[19] - The ending cash and cash equivalents balance for Q1 2023 was $157,360,545.75, up from $77,855,280.75 in Q1 2022[19] Operational Costs and Expenses - Total operating costs for Q1 2023 were CNY 381,756,732.14, up from CNY 250,113,200.50 in Q1 2022, representing a 52.5% increase[15] - Research and development expenses increased to CNY 24,450,141.42 in Q1 2023, up from CNY 10,348,808.41 in Q1 2022, marking a 136.3% rise[15] Other Developments - The company established a wholly-owned subsidiary, Zhejiang Jingkang Trading Co., Ltd., with an investment of RMB 10 million, obtaining its business license on February 28, 2023[10] - The company repurchased 1.86 million shares at a price of RMB 15.17 per share, with 515,370 shares remaining in the repurchase account, representing 0.31% of the total share capital[10]