Darbond Technology (SH:688035)2023-04-21 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥174,323,051.29, a decrease of 0.39% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥24,055,029.08, an increase of 40.14% year-on-year[6]. - Total operating revenue for Q1 2023 was ¥174,323,051.29, a slight decrease of 0.39% compared to ¥175,008,684.74 in Q1 2022[20]. - Net profit for Q1 2023 increased to ¥23,606,289.43, up 37.24% from ¥17,228,830.74 in Q1 2022[21]. - Earnings per share for Q1 2023 was ¥0.17, compared to ¥0.16 in Q1 2022, reflecting a growth of 6.25%[22]. Research and Development - R&D investment totaled ¥9,925,240.36, representing 5.69% of operating revenue, an increase of 1.31 percentage points[6]. - The company increased its R&D investment significantly, contributing to the rise in net profit[9]. Cash Flow and Investments - The net cash flow from operating activities was -¥29,594,277.69, which is not applicable for comparison[6]. - Cash flow from operating activities showed a net outflow of ¥29,594,277.69, worsening from a net outflow of ¥25,091,829.45 in the previous year[24]. - Cash inflow from investment activities significantly increased to ¥1,534,579,199.91, compared to ¥20,066,897.67 in Q1 2022[24]. - The company invested ¥997,800,000.00 in Q1 2023, a substantial rise from ¥20,000,000.00 in Q1 2022[24]. - The net cash flow from investment activities was ¥466,115,823.96, a turnaround from a net outflow of ¥40,752,572.90 in the previous year[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,531,099,025.64, a decrease of 2.03% from the end of the previous year[6]. - As of March 31, 2023, the total current assets amounted to ¥1,948,697,411.05, a decrease from ¥2,036,386,472.80 at the end of 2022, reflecting a decline of approximately 4.3%[16]. - The total liabilities decreased to ¥306,487,735.16 from ¥382,412,308.35, indicating a reduction of about 19.8%[18]. - The total assets as of March 31, 2023, were ¥2,531,099,025.64, down from ¥2,583,417,309.40, a decrease of approximately 2.0%[18]. - The company's equity attributable to shareholders increased to ¥2,229,175,925.38 from ¥2,205,120,896.30, reflecting a growth of about 1.1%[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,756[12]. - The largest shareholder, the National Integrated Circuit Industry Investment Fund, held 18.65% of the shares[12]. Other Financial Metrics - The weighted average return on equity was 1.08%, a decrease of 1.77 percentage points[6]. - The company reported non-recurring gains of ¥3,817,931.72 for the period[8]. - The accounts receivable decreased to ¥156,869,515.73 from ¥216,014,338.53, a decline of approximately 27.4%[16]. - The inventory increased to ¥164,749,179.85 from ¥146,193,185.44, showing an increase of about 12.7%[17]. - The short-term borrowings decreased to ¥48,096,681.77 from ¥54,303,294.68, a reduction of approximately 11.8%[18]. - The company's total non-current assets increased to ¥582,401,614.59 from ¥547,030,836.60, an increase of about 6.5%[17]. - The total equity increased to ¥2,224,611,290.48 from ¥2,201,005,001.05, reflecting a growth of approximately 1.1%[18]. - The company reported a decrease in tax expenses to ¥4,476,343.09 from ¥3,453,406.55, indicating a 29.66% increase in tax burden[21]. - The company’s financial expenses showed a significant improvement, with a net income of -¥4,534,047.09 compared to a cost of ¥1,048,565.01 in Q1 2022[20]. - The net increase in cash and cash equivalents for Q1 2023 was $433,665,420.25, a decrease of $26,965,386.68 compared to the previous period[25]. - The beginning cash and cash equivalents balance was $673,106,493.45, an increase of $85,506,181.56 from the prior period[25]. - The ending cash and cash equivalents balance reached $1,106,771,913.70, reflecting an increase of $58,540,794.88[25].