吉华集团(603980) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 411,433,236.90, a decrease of 32.53% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 17,267,922.39, representing a decline of 726.50% year-over-year[5] - The net profit after deducting non-recurring gains and losses was CNY -34,038,300.04, down 70.19% from the previous year[5] - Basic earnings per share were CNY -0.025, reflecting a decline of 733.33% year-over-year[6] - Net profit for Q1 2023 was a loss of ¥18,428,947.70, compared to a loss of ¥3,324,418.63 in Q1 2022, representing a significant increase in losses[19] - Basic and diluted earnings per share for Q1 2023 were both -¥0.025, compared to -¥0.003 in Q1 2022[20] Cash Flow - The net cash flow from operating activities was CNY -40,959,192.00, a decrease of 91.95% compared to the same period last year[5] - Cash inflow from operating activities in Q1 2023 was ¥278,907,092.01, an increase from ¥193,246,761.65 in Q1 2022[21] - Cash outflow from operating activities in Q1 2023 totaled ¥319,866,284.01, compared to ¥214,584,981.71 in Q1 2022[21] - The net cash flow from operating activities was -$40,959,192, compared to -$21,338,220 in the previous year, indicating a decline in operational cash generation[22] - The total cash inflow from investment activities was $742,732,952, down from $1,301,283,695.74 year-over-year[22] - The net cash flow from investment activities was $232,411,373.63, an increase from $137,678,240.04 in the previous year[22] - Cash inflow from financing activities totaled $110,000,000, with a net cash flow from financing activities of -$43,485,564.93, compared to -$1,486,333.31 last year[22] - The net increase in cash and cash equivalents was $146,357,247.97, compared to $113,343,660.16 in the previous year[22] - The ending balance of cash and cash equivalents was $1,000,438,467.72, up from $659,754,137.28 year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,061,075,347.27, down 3.41% from the end of the previous year[6] - Total current assets as of March 31, 2023, amount to ¥3,169,230,178.58, a decrease from ¥3,319,779,957.20 at the end of 2022[15] - Total liabilities decreased to ¥881,575,383.43 from ¥1,041,790,958.40[16] - Total assets as of March 31, 2023, are ¥5,061,075,347.27, down from ¥5,239,719,869.94[15] - The company's retained earnings stand at ¥1,976,577,146.25, slightly down from ¥1,993,845,068.64[16] - The total equity attributable to shareholders is ¥4,156,973,044.56, compared to ¥4,174,240,966.95 at the end of 2022[16] - The total liabilities and equity amounted to ¥5,061,075,347.27 as of Q1 2023, a decrease from ¥5,239,719,869.94 in Q1 2022[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,233[11] - The largest shareholder, Hangzhou Jinhui Electromechanical Equipment Co., Ltd., holds 196,000,000 shares, accounting for 28% of total shares[11] Expenses - Accounts receivable increased by 96.38% due to changes in collection policies[8] - Sales expenses rose by 95.88% primarily due to increased sales-related costs[8] - The company reported a 338.64% increase in financial expenses, mainly due to higher bill discounting costs[8] - The company reported a significant increase in research and development expenses, totaling ¥16,676,764.89 in Q1 2023, compared to ¥15,771,862.35 in Q1 2022[18] Inventory and Other Changes - The company reported a significant increase in inventory, which stands at ¥671,304,336.12, compared to ¥676,627,043.09 previously[15] - Accounts receivable rose to ¥379,718,930.21 from ¥193,357,603.07, indicating a significant increase[14] - Cash and cash equivalents increased to ¥1,034,349,602.95 from ¥892,382,714.98 year-over-year[14] - The company did not apply new accounting standards or interpretations for the first quarter of 2023[23]