FCDW(SH:605189)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 473,052,270.63, a decrease of 0.24% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 22,693,781.50, down 13.08% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 19,072,524.38, a significant decline of 41.69%[5] - Basic and diluted earnings per share were both CNY 0.18, reflecting a decrease of 14.29%[6] - The decline in net profit was primarily attributed to a decrease in product prices and gross profit margins[10] - Total operating revenue for Q1 2023 was ¥473,052,270.63, a slight decrease of 0.24% compared to ¥474,195,475.69 in Q1 2022[21] - Net profit for Q1 2023 was ¥22,693,781.50, down 13.4% from ¥26,109,379.62 in Q1 2022[22] - Basic and diluted earnings per share for Q1 2023 were both ¥0.18, compared to ¥0.21 in Q1 2022[23] - The company reported a fair value change gain of ¥1,428,209.76, compared to a gain of ¥253,972.20 in the previous year[22] - The net profit for Q1 2023 was CNY 13,957,091.55, down 44.5% from CNY 25,101,818.36 in Q1 2022[32] - Basic and diluted earnings per share for Q1 2023 were both ¥0.11, down from ¥0.20 in Q1 2022, reflecting a decrease of 45% year-over-year[33] Cash Flow - The net cash flow from operating activities was negative CNY 5,275,269.49, an increase of 93.59% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥5,275,269.49, an improvement from a net outflow of ¥82,316,670.57 in Q1 2022[26] - The company received cash from operating activities totaling ¥498,568,969.10 in Q1 2023, compared to ¥471,002,920.42 in Q1 2022, marking an increase of approximately 5.9%[34] - Cash inflow from financing activities totaled ¥163,500,215.29, with cash outflow for debt repayment at ¥61,106,437.55[26] - The company's cash flow from financing activities showed a net inflow of CNY 79,810,860.15 in Q1 2023, compared to CNY 55,262,645.49 in the same period last year[29] - The company’s financing activities resulted in a net cash outflow of ¥23,023,909.88 in Q1 2023, contrasting with a net inflow of ¥52,830,625.99 in Q1 2022, highlighting changes in financing strategies[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,280,891,210.86, an increase of 5.83% from the end of the previous year[6] - The company's total assets amounted to ¥3,280,891,210.86, an increase from ¥3,100,252,407.94 year-over-year[19] - The company's current assets totaled RMB 1,689,644,941.44, a decrease from RMB 1,746,082,572.26 at the end of 2022, indicating a decline of about 3.2%[17] - The cash and cash equivalents were reported at RMB 755,633,196.59, down from RMB 881,650,890.16, representing a decrease of approximately 14.3%[16] - The company's total liabilities reached RMB 1,533,736,140.51, compared to RMB 1,375,804,827.15 at the end of 2022, marking an increase of about 11.5%[18] - The non-current liabilities increased to RMB 732,154,285.89 from RMB 626,212,390.47, reflecting a rise of approximately 16.9%[18] - The company's total liabilities as of March 31, 2023, were CNY 1,158,229,286.40, an increase from CNY 1,139,742,638.72 at the end of 2022[30] - The total current liabilities amounted to RMB 801,581,854.62, an increase from RMB 749,592,436.68, reflecting a rise of about 6.9%[18] Inventory and Receivables - The accounts receivable stood at RMB 22,865,563.56, slightly up from RMB 22,242,204.84, showing an increase of approximately 2.8%[17] - Inventory levels increased to RMB 381,867,967.34 from RMB 351,561,216.41, representing a growth of about 8.6%[17] - The company's inventory increased to CNY 345,345,348.99 as of March 31, 2023, from CNY 324,155,790.74 at the end of 2022[28] Research and Development - Research and development expenses for Q1 2023 were ¥18,070,117.06, slightly up from ¥17,837,082.82 in Q1 2022[21] - Research and development expenses for Q1 2023 were CNY 17,885,953.09, slightly higher than CNY 17,837,082.82 in Q1 2022[31]