博迁新材(605376) - 2023 Q1 - 季度财报

Financial Performance - Revenue for Q1 2023 was CNY 124,671,201.46, a decrease of 50.72% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 1,801,236.09, down 95.81% year-on-year[5] - Net profit after deducting non-recurring gains and losses was CNY -9,710,559.33, a decline of 123.04%[5] - Basic and diluted earnings per share were both CNY 0.01, down 93.75% compared to the previous year[5] - Net profit for Q1 2023 was CNY 1,801,236.09, compared to CNY 42,969,807.55 in Q1 2022, indicating a decline of about 95%[19] - The company recorded a total profit of CNY 4,278,994.86 in Q1 2023, a significant drop from CNY 51,849,147.96 in Q1 2022, reflecting a decline of approximately 92%[18] Cash Flow and Liquidity - Net cash flow from operating activities was CNY 49,014,875.79, a decrease of 163.78%[5] - Cash flow from operating activities generated a net inflow of CNY 49,014,875.79 in Q1 2023, a significant improvement compared to a net outflow of CNY -76,845,317.76 in Q1 2022[21] - Cash and cash equivalents at the end of Q1 2023 were CNY 176,306,685.10, down from CNY 264,305,039.22 at the end of Q1 2022, a decrease of about 33%[22] - Investment activities resulted in a net cash outflow of CNY -51,035,213.09 in Q1 2023, compared to a net outflow of CNY -82,605,689.79 in Q1 2022, showing an improvement of approximately 38%[22] Assets and Liabilities - Total assets at the end of the period were CNY 2,094,676,763.87, an increase of 0.82% from the end of the previous year[6] - Total assets increased to RMB 2,094,676,763.87 from RMB 2,077,553,595.76 at the end of 2022[15] - Total liabilities rose to RMB 403,751,855.41, compared to RMB 388,429,923.39 at the end of 2022[15] - The company’s total equity as of March 31, 2023, was RMB 1,690,924,908.46, slightly up from RMB 1,689,123,672.37 at the end of 2022[15] Operational Metrics - The decline in revenue was primarily due to a decrease in product sales[8] - Total operating costs for Q1 2023 were CNY 136,185,086.07, a decrease from CNY 200,225,307.39 in Q1 2022, representing a reduction of approximately 32%[18] - The company reported a total revenue from sales of goods and services of CNY 168,254,295.55 in Q1 2023, down from CNY 202,139,819.84 in Q1 2022, a decline of about 17%[21] Shareholder Information - The company had a total of 16,170 common shareholders at the end of the reporting period[10] Research and Development - Research and development expenses increased to CNY 17,540,716.23 in Q1 2023 from CNY 14,738,192.29 in Q1 2022, reflecting a growth of approximately 19%[18] Legal Matters - The company is involved in two ongoing patent infringement lawsuits, with no final judgment as of the report date[12] Financial Ratios - Weighted average return on equity decreased by 2.56 percentage points to 0.11%[6] - The company incurred financial expenses of CNY 2,771,423.47 in Q1 2023, which is an increase from CNY 1,390,446.64 in Q1 2022, representing a rise of approximately 99%[18]