Amlogic(SH:688099)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,035,149,855.80, representing a decrease of 30.11% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥30,437,312.40, down 88.74% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥23,830,502.17, a decline of 90.74% compared to the previous year[4]. - The net profit for Q1 2023 was ¥30,439,394.01, a decrease from ¥270,424,038.36 in Q1 2022, representing a decline of approximately 89.7%[17]. - Total comprehensive income for Q1 2023 was ¥23,586,477.59, down from ¥268,785,561.21 in Q1 2022, indicating a decrease of about 91.2%[17]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.07, compared to ¥0.66 in Q1 2022, reflecting a decline of approximately 89.4%[17]. - The weighted average return on equity decreased by 6.08 percentage points[8]. Cash Flow - The net cash flow from operating activities was ¥25,442,945.66, down 64.60% year-on-year[4]. - Cash inflows from operating activities totaled ¥1,104,574,883.47 in Q1 2023, down from ¥1,645,963,485.57 in Q1 2022, a decrease of about 32.9%[19]. - Cash outflows from operating activities were ¥1,079,131,937.81 in Q1 2023, compared to ¥1,574,097,253.52 in Q1 2022, a reduction of approximately 31.4%[19]. - The net cash flow from operating activities for Q1 2023 was ¥25,442,945.66, significantly lower than ¥71,866,232.05 in Q1 2022, a decline of about 64.6%[19]. - Cash flow from investing activities generated a net inflow of ¥87,775,598.57 in Q1 2023, compared to ¥247,927,287.89 in Q1 2022, indicating a decrease of approximately 64.7%[19]. - The net increase in cash and cash equivalents for Q1 2023 was ¥135,625,205.74, down from ¥313,516,042.08 in Q1 2022, a decline of about 56.7%[20]. - The ending balance of cash and cash equivalents as of the end of Q1 2023 was ¥1,265,150,579.63, compared to ¥1,103,366,234.88 at the end of Q1 2022, an increase of approximately 14.7%[20]. Research and Development - The company invested ¥282,475,546.21 in R&D, which accounted for 27.29% of operating revenue, an increase of 9.18 percentage points year-on-year[5]. - The number of R&D personnel increased by 250, representing a growth rate of 20.70% compared to the previous year[6]. - The company launched its first 8K ultra-high-definition SoC chip and a new generation of smart vision system chips during the quarter[6]. - Research and development expenditure as a percentage of operating revenue increased by 9.18 percentage points, as R&D investments continued to rise despite declining revenue[8]. - Research and development expenses increased to ¥282,475,546.21 in Q1 2023, up from ¥268,199,201.97 in Q1 2022, reflecting a growth of 5.0%[16]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,742,827,551.77, a decrease of 2.08% from the end of the previous year[5]. - Total assets as of Q1 2023 were ¥5,742,827,551.77, down from ¥5,865,076,189.46 in the previous year[15]. - Total liabilities decreased to ¥728,070,367.83 in Q1 2023 from ¥933,482,394.49 in Q1 2022, a reduction of 22.0%[15]. - Non-current assets totaled ¥1,228,537,914.26 in Q1 2023, an increase from ¥1,166,253,515.96 in Q1 2022[15]. - The company's equity increased to ¥5,014,757,183.94 in Q1 2023, compared to ¥4,931,593,794.97 in Q1 2022[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,198[9]. - The largest shareholder, Amlogic (Hong Kong) Limited, holds 31.23% of the shares, totaling 129,674,335 shares[9]. Operating Costs - Total operating costs for Q1 2023 were ¥985,013,292.60, down 18.3% from ¥1,205,778,566.24 in Q1 2022[16]. - Operating profit for Q1 2023 was ¥26,222,850.91, a significant decline from ¥276,185,509.56 in Q1 2022[16]. - The company's operating revenue decreased by 30.11% due to adverse global economic factors affecting demand for multimedia terminal products[8]. - Net profit attributable to shareholders dropped by 88.74%, reflecting a decline in operating revenue and overall gross margin[8]. - The comprehensive gross margin for Q1 2023 was approximately 37.40%, down 3.38 percentage points from 40.78% in the same period last year[6].