八亿时空(688181) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥191,331,816.70, representing a decrease of 25.98% compared to the same period last year[5] - The net profit attributable to shareholders was ¥18,483,535.81, down 70.52% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 71.76% to ¥15,437,244.42[5] - The basic and diluted earnings per share were both ¥0.19, reflecting a decline of 70.77% compared to the previous year[5] - Total operating revenue for Q1 2023 was CNY 191,331,816.70, a decrease of 26% compared to CNY 258,489,628.24 in Q1 2022[19] - Net profit for Q1 2023 was CNY 18,483,535.81, representing a decline of 70.5% from CNY 62,695,655.94 in Q1 2022[20] - Basic and diluted earnings per share for Q1 2023 were CNY 0.19, down from CNY 0.65 in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥38,844,341.12, indicating a decrease in cash received from sales[8] - Cash flow from operating activities for Q1 2023 was negative CNY 38,844,341.12, compared to negative CNY 9,385,258.31 in Q1 2022[22] - The company's cash and cash equivalents reached CNY 378.59 million, up from CNY 231.30 million at the end of 2022, indicating a significant liquidity improvement[14] - The total cash and cash equivalents at the end of the period reached $356,190,123.79, up from $208,895,024.53 at the beginning of the period, reflecting a net increase of $147,295,099.26[23] - The net cash flow from investing activities was $96,693,291.63, compared to a negative cash flow of $26,678,470.98 in the previous period, indicating a significant improvement[23] - The net cash flow from financing activities was $89,478,061.49, compared to a negative cash flow of $6,441,680.33 in the previous period, showing a positive shift in financing[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,460,425,657.83, a 1.38% increase from the end of the previous year[6] - The total liabilities as of Q1 2023 were CNY 450,396,382.49, an increase from CNY 435,277,219.68 in Q1 2022[18] - Total equity attributable to shareholders was CNY 2,010,029,275.34, up from CNY 1,991,577,548.17 in Q1 2022[18] - The total current assets decreased to CNY 1.33 billion from CNY 1.42 billion, reflecting a reduction of approximately 6.4%[14] - The company's short-term borrowings increased to CNY 80.04 million from CNY 50.04 million, representing a 60% rise[15] Research and Development - Research and development expenses totaled ¥18,334,812.57, accounting for 9.58% of operating revenue, an increase of 3.64 percentage points[6] - The company reported a decrease in research and development expenses to CNY 18,334,812.57 in Q1 2023 from CNY 15,345,473.22 in Q1 2022[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,996[10] - The top ten shareholders include significant holdings, with Zhao Lei holding 19.66 million shares, representing a substantial stake in the company[11] - The company has no frozen shares held by major shareholders, ensuring stability in ownership[12] Market Conditions - The company experienced a cyclical downturn in the downstream panel industry, impacting sales revenue and gross margin[8] - The company has not disclosed any new product developments or market expansion strategies in this report[13] Other Financial Metrics - The weighted average return on net assets was 0.92%, a decrease of 2.44 percentage points[6] - Total operating costs for Q1 2023 were CNY 168,718,487.53, down 11.6% from CNY 190,845,559.58 in Q1 2022[19] - Cash inflow from investment activities in Q1 2023 was CNY 466,893,054.80, a decrease from CNY 555,538,887.46 in Q1 2022[22] - Cash outflow for purchasing fixed assets in Q1 2023 was CNY 160,199,763.17, significantly higher than CNY 26,360,749.60 in Q1 2022[22] - The cash outflow related to financing activities was $411,938.51, significantly lower than $6,441,680.33 in the previous period, suggesting improved cash management[23] - The company did not apply new accounting standards or interpretations for the first time in 2023, maintaining consistency in financial reporting[23] - The company’s cash inflow from borrowing was $89,890,000.00, indicating reliance on debt financing during the period[23] - The company’s management team includes Zhao Lei as the responsible person and Zhang Xiaohong as the accounting head, ensuring accountability in financial reporting[23]