奇精机械(603677) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 401,408,458.18, a decrease of 9.57% compared to CNY 443,902,316.50 in the same period last year[3]. - Net profit attributable to shareholders was CNY 17,171,961.24, down 21.56% from CNY 21,870,860.16 year-on-year[3]. - Basic earnings per share decreased by 21.51% to CNY 0.0894 from CNY 0.1138 in the same period last year[3]. - Total revenue for Q1 2023 was CNY 401.41 million, a decrease of 9.6% compared to CNY 443.90 million in Q1 2022[30]. - Net profit for Q1 2023 was CNY 17.17 million, a decline of 21.5% from CNY 21.89 million in Q1 2022[31]. - The total comprehensive income attributable to the parent company for Q1 2023 was CNY 15,973,350.32, a decrease from CNY 22,061,187.14 in Q1 2022, reflecting a decline of approximately 27.5%[32]. - The company reported a net profit of 21,891,472.75 RMB for Q1 2022 after adjustments, compared to 21,870,860.16 RMB before adjustments[48]. Cash Flow - The net cash flow from operating activities was negative CNY 9,527,917.35, a decline of 128.43% compared to CNY 33,510,199.74 in the previous year[3]. - The net cash flow from operating activities for Q1 2023 was -CNY 9,527,917.35, compared to a positive CNY 33,510,199.74 in Q1 2022, indicating a significant downturn in operational cash generation[35]. - Total cash inflow from operating activities in Q1 2023 was CNY 376,600,396.38, a decrease of approximately 24.2% from CNY 497,051,844.67 in Q1 2022[35]. - The total cash outflow from operating activities for Q1 2023 was CNY 386,128,313.73, down from CNY 463,541,644.93 in Q1 2022, reflecting a reduction of about 16.7%[35]. - The net cash flow from investing activities for Q1 2023 was -CNY 10,973,074.85, an improvement compared to -CNY 16,546,243.81 in Q1 2022[36]. - The cash inflow from investment activities in Q1 2023 was 44,015,440.04 RMB, significantly higher than 11,843,493.47 RMB in Q1 2022[46]. - Cash flow from financing activities showed a net outflow of -17,828,442.96 RMB in Q1 2023, compared to -78,593,071.21 RMB in Q1 2022, reflecting a reduction in cash outflow[46]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 1,974,969,763.99, a decrease of 1.70% from CNY 2,009,116,130.65 at the end of the previous year[4]. - Total liabilities as of March 31, 2023, were CNY 842.89 million, down from CNY 893.02 million at the end of 2022[27]. - The company's total assets amounted to ¥1,965,399,013.51, a slight decrease from ¥1,996,126,344.95 in the previous period[39]. - Total liabilities decreased to ¥831,233,453.06 from ¥880,713,970.90, indicating a reduction of 5.61%[39]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,159[10]. - The company's equity attributable to shareholders increased by 1.44% to CNY 1,132,083,046.12 from CNY 1,116,109,695.80 at the end of the previous year[4]. - The company's total equity rose to ¥1,134,165,560.45 from ¥1,115,412,374.05, an increase of 1.43%[39]. Research and Development - Research and development expenses increased to CNY 16.28 million in Q1 2023, up 49.5% from CNY 10.90 million in Q1 2022[31]. - Research and development expenses increased to ¥15,754,421.56, up from ¥10,434,022.81 in Q1 2022, reflecting a growth of 50.67%[42]. Related Party Transactions - The estimated total amount of related party transactions for 2023 is capped at RMB 31.939 million (including tax) [14]. - The actual related party transaction amount for Q1 2023 is RMB 575.23 thousand (including tax) [16]. - The company has incurred a total of RMB 54,377.76 (including tax) in related party transactions for leasing agreements in Q1 2023 [17]. Government Subsidies - The company received government subsidies amounting to CNY 2,016,677.81 during the reporting period[6]. Foreign Exchange and Hedging - The company plans to conduct foreign exchange hedging with a total amount not exceeding RMB 1 billion for 2023 [22]. - The company has a remaining foreign exchange hedging contract amount of USD 31 million as of the report date [22]. - The company experienced a foreign exchange loss of -3,374,775.55 RMB in Q1 2023, compared to -1,238,377.33 RMB in Q1 2022[46]. Investments - The actual investment in new fixed assets for Q1 2023 is RMB 22.63 million, with previous year carryover projects amounting to RMB 9.37 million [23]. - The company purchased commercial property in Dingfeng Building for a total price of RMB 10.586 million, with delivery completed on March 23, 2023 [18]. - The company signed a lease for office space with a total rent of RMB 94,824 for the year 2023 [17]. - The company has allocated RMB 2 billion for cash management, with a remaining balance of RMB 30 million as of the report date [20][21].