ST南卫(603880) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 226,130,904.54, representing a year-on-year increase of 58.09%[5] - The net profit attributable to shareholders of the listed company was CNY 6,930,672.43, an increase of 3.03% compared to the same period last year[5] - The net profit for Q1 2023 was CNY 6,911,204.99, an increase from CNY 6,601,990.71 in Q1 2022, representing a growth of approximately 4.67%[18] - Operating profit for Q1 2023 was CNY 7,919,872.69, compared to CNY 7,439,759.53 in the same period last year, indicating an increase of about 6.45%[18] - Total revenue from operating activities reached CNY 296,570,290.27, significantly up from CNY 124,379,187.30 in Q1 2022, marking an increase of approximately 138.06%[19] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 20,595,515.00, with the increase attributed to higher sales and collections[8] - The cash flow from operating activities showed a net inflow of CNY 20,595,515.00, a recovery from a net outflow of CNY 25,084,420.24 in the previous year[20] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 142,900,250.05, up from CNY 72,403,784.09 at the end of Q1 2022, indicating an increase of about 97.06%[20] - Cash and cash equivalents as of March 31, 2023, amounted to ¥147,126,389.89, compared to ¥127,818,267.43 at the end of 2022, representing a growth of 15.5%[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,490,102,502.58, up 2.26% from the end of the previous year[6] - Total liabilities increased to ¥856,041,522.47 in Q1 2023 from ¥835,750,892.20 in Q4 2022, showing a rise of 2.0%[15] - The company’s total assets impairment loss was CNY 2,108,279.06, compared to a gain of CNY 468,905.11 in Q1 2022, indicating a significant change in asset valuation[18] Shareholder Information - The company had a total of 15,707 common shareholders at the end of the reporting period[10] - Major shareholder Li Ping held 40.63% of the shares, with 74,188,784 shares pledged[10] Costs and Expenses - Total operating costs for Q1 2023 were ¥226,511,378.39, up from ¥137,739,528.05 in Q1 2022, reflecting an increase of 64.2%[16] - The company incurred financial expenses of CNY 2,391,515.19 in Q1 2023, down from CNY 4,299,454.46 in Q1 2022, representing a decrease of approximately 44.34%[18] - Research and development expenses for Q1 2023 were CNY 8,313,881.01, up from CNY 7,271,150.60 in Q1 2022, reflecting an increase of about 14.34%[18] Market and Growth Strategy - The increase in operating revenue was primarily driven by the sales of protective products[8] - The company is focusing on expanding its market presence and developing new products to enhance future growth prospects[16] Equity and Returns - Basic and diluted earnings per share were both CNY 0.024, reflecting a year-on-year increase of 4.35%[6] - The weighted average return on equity was 1.06%, a slight increase of 0.03% compared to the previous year[6] - The company reported a decrease of 1.04% in net profit after deducting non-recurring gains and losses, amounting to CNY 6,497,021.61[5] - The company reported a net loss for Q1 2023, with total costs exceeding total revenue, indicating challenges in profitability despite revenue growth[16]