纬德信息(688171) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 20,524,331.16, representing a year-on-year increase of 14.45%[5] - The net profit attributable to shareholders decreased by 65.59% to CNY 3,334,914.43 compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 12.04% to CNY 2,286,840.43[5] - Basic and diluted earnings per share were both CNY 0.04, down 68.45% from the previous year[6] - The operating profit for Q1 2023 was CNY 3,667,590.68, up 31.8% from CNY 2,782,279.53 in Q1 2022[17] - The net profit for Q1 2023 was CNY 3,334,914.43, a decrease of 65.5% compared to CNY 9,690,543.83 in Q1 2022[17] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1,815,960.50, a decline of 441.69% year-on-year[6] - The cash flow from operating activities for Q1 2023 was negative at CNY -1,815,960.50, compared to a positive CNY 531,471.37 in Q1 2022[20] - The total cash and cash equivalents at the end of Q1 2023 were CNY 303,661,858.23, a decrease from CNY 310,154,123.23 at the end of Q1 2022[20] - The total cash inflow from investment activities in Q1 2023 was CNY 301,259,171.24, while cash outflow was CNY 592,680,790.05, resulting in a net cash flow of CNY -291,421,618.81[20] Research and Development - The total R&D investment amounted to CNY 2,328,251.54, a decrease of 15.91% compared to the previous year[6] - R&D investment as a percentage of operating revenue was 11.34%, down by 4.10 percentage points[6] - Research and development expenses for Q1 2023 were CNY 2,328,251.54, down 15.9% from CNY 2,768,802.78 in Q1 2022[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 869,126,123.96, a decrease of 0.99% from the end of the previous year[6] - As of March 31, 2023, the total assets of the company amounted to ¥860,532,754.24, a decrease from ¥869,126,123.96 as of December 31, 2022, reflecting a decline of approximately 0.69%[12] - The company's current assets totaled ¥766,392,764.98, slightly down from ¥776,637,153.70, indicating a decrease of about 1.6%[12] - The company's total liabilities were reported at ¥27,106,389.04, down from ¥39,034,673.19, showing a decrease of approximately 30.6%[14] - The total equity of the company increased to ¥833,426,365.20 from ¥830,091,450.77, reflecting a slight increase of about 0.4%[14] Inventory and Receivables - The company reported inventory of ¥23,343,641.95, an increase from ¥16,684,872.14, indicating a growth of approximately 40%[12] - Accounts receivable decreased to ¥114,182,125.15 from ¥128,467,028.39, a reduction of about 11.1%[12] Other Financial Metrics - The weighted average return on equity was 0.40%, a decrease of 1.12 percentage points[6] - The company did not receive any government subsidies in Q1 2023, compared to CNY 8,000,000.00 in Q1 2022, impacting profit significantly[8] - The company incurred sales expenses of CNY 2,413,354.15 in Q1 2023, a decrease of 12.3% from CNY 2,751,015.40 in Q1 2022[16] - The company’s long-term equity investments decreased to ¥823,137.35 from ¥1,176,624.12, a decline of approximately 30%[12] - The company’s other non-current financial assets remained stable at ¥20,000,000.00, unchanged from the previous period[13] - The company has a total of 1,051,863 shares held by the Zhuhai Guangfa Xinde Technology Culture Industry Equity Investment Fund, representing a significant stake in the company[11]