国力股份(688103) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥128,989,245.19, representing a year-on-year increase of 0.32%[5] - The net profit attributable to shareholders was ¥11,425,685.92, showing a decrease of 5.24% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥11,253,597.72, down by 2.32% year-on-year[5] - Basic earnings per share for the period were ¥0.12, reflecting a decrease of 7.86% compared to the previous year[6] - Net profit for Q1 2023 was CNY 10,961,362.93, down from CNY 12,206,125.27 in Q1 2022, reflecting a decrease of 10.2%[19] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.12, compared to CNY 0.13 in Q1 2022[20] Cash Flow - The net cash flow from operating activities was ¥11,290,933.36, a significant decline of 34.09% year-on-year, primarily due to increased expenditures on goods, wages, and taxes[9] - Cash inflow from operating activities was CNY 165,887,291.60 in Q1 2023, up from CNY 124,695,706.55 in Q1 2022, indicating an increase of 32.9%[22] - Total cash outflow from operating activities reached $154,596,358.24, compared to $107,563,863.29 in the same period last year, representing a rise of approximately 43.7%[23] - The net cash flow from investing activities was -$12,234,643.54, a significant improvement from -$148,787,255.51 in the previous year, showing a reduction in losses by about 91.8%[23] - Cash flow from financing activities resulted in a net outflow of -$27,160,233.00, compared to -$88,887.49 in the prior year, indicating a substantial increase in cash outflow[24] - The net increase in cash and cash equivalents for the quarter was -$28,498,382.62, compared to -$131,609,640.87 in the same quarter last year, reflecting a significant improvement[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,460,424,946.82, a decrease of 1.98% from the end of the previous year[6] - The company's current assets totaled RMB 965,843,231.99, down from RMB 1,004,865,670.08 at the end of 2022, indicating a decrease of about 3.9%[16] - The company's total liabilities decreased to RMB 410,899,448.46 from RMB 456,241,334.60, a reduction of approximately 9.9%[17] - The equity attributable to owners of the company increased to RMB 360,837,448.33 from RMB 349,411,762.41, reflecting an increase of about 3.9%[17] Expenses - Research and development expenses totaled ¥15,768,163.66, which accounted for 12.22% of operating revenue, an increase of 2.73 percentage points year-on-year[6] - Total operating costs increased to CNY 115,522,499.41 in Q1 2023 from CNY 111,628,047.05 in Q1 2022, marking an increase of 3.2%[18] - The company reported a decrease in investment income to CNY 43,883.11 in Q1 2023 from CNY 421,877.25 in Q1 2022[19] - The financial expenses for Q1 2023 were CNY 381,340.75, compared to a financial income of CNY 1,094,180.71 in Q1 2022[18] - The company experienced a credit impairment loss of CNY 3,151,354.39 in Q1 2023, up from CNY 1,528,598.23 in Q1 2022[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 2,655[10] - The largest shareholder, Yin Jianping, held 27.75% of the shares, totaling 26,472,600 shares[11] Inventory and Receivables - Accounts receivable increased to RMB 244,125,475.92 from RMB 301,777,562.31, showing an increase of about 19.0%[15] - The company's inventory increased to RMB 190,760,970.09 from RMB 177,508,543.70, indicating an increase of approximately 7.5%[16] Accounting Standards - The company has adopted new accounting standards starting in 2023, which may affect the financial reporting[24]