威腾电气(688226) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 430,451,200.85, representing a year-on-year increase of 30.82%[5] - The net profit attributable to shareholders of the listed company was CNY 13,285,171.43, showing a decrease of 10.53% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,329,039.86, down 23.95% year-on-year[5] - Basic earnings per share for the period was CNY 0.09, a decrease of 10.00% compared to the previous year[6] - Net profit for Q1 2023 was CNY 14,904,556.87, a decrease of 5.6% from CNY 15,787,283.82 in Q1 2022[20] - Earnings per share for Q1 2023 were CNY 0.09, down from CNY 0.10 in Q1 2022[21] - The company's total comprehensive income for Q1 2023 was CNY 15,880,140.24, down from CNY 18,265,202.06 in Q1 2022[21] Research and Development - The total R&D investment amounted to CNY 13,610,613.05, an increase of 33.04% year-on-year, representing 3.16% of operating revenue[6] - The company plans to continue increasing R&D investment according to its R&D plan[10] - Research and development expenses for Q1 2023 were CNY 13,610,613.05, an increase from CNY 9,698,290.80 in Q1 2022[19] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of CNY -64,389,348.88, which is not applicable for year-on-year comparison[5] - Cash flow from operating activities in Q1 2023 was CNY 469,860,509.82, compared to CNY 292,463,114.95 in Q1 2022, reflecting a significant increase[23] - The net cash inflow from operating activities was -64,389,348.88, an improvement from -90,323,942.66 in the previous year, indicating a reduction in cash outflow[24] - Total cash inflow from investment activities was 101,311,603.33, compared to 131,493.40 in the previous year, showing significant growth in investment returns[24] - The net cash flow from financing activities was 84,916,659.91, up from 46,781,165.78 year-over-year, reflecting increased borrowing and capital inflow[25] - The total cash and cash equivalents at the end of the period reached 207,304,161.37, compared to 123,518,416.69 in the previous year, indicating a strong liquidity position[25] - The net increase in cash and cash equivalents for the period was 27,620,155.30, contrasting with a decrease of -102,298,775.60 in the previous year, indicating a positive cash flow trend[25] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,906,052,086.27, an increase of 2.05% from the end of the previous year[6] - The total assets of the company as of March 31, 2023, amounted to CNY 1,906,052,086.27, an increase from CNY 1,867,816,090.36 at the end of 2022, reflecting a growth of approximately 2.5%[15] - Total liabilities as of Q1 2023 were CNY 942,148,736.34, slightly up from CNY 922,804,917.78 in Q1 2022[18] - The company's total liabilities increased to CNY 1,554,893,273.20 from CNY 1,570,187,329.79, indicating a decrease of approximately 1%[16] - The total current liabilities were CNY 452,957,850.16, up from CNY 437,531,706.71, indicating an increase of approximately 3.5%[16] - The non-current assets totaled CNY 351,158,813.07, an increase from CNY 297,628,760.57, reflecting a growth of about 18%[16] Operational Performance - The increase in operating revenue was primarily due to the stable recovery of the domestic economy and increased sales orders for photovoltaic welding strip products[10] - Total operating costs for Q1 2023 were CNY 418,981,875.13, up 34.3% from CNY 311,891,588.81 in Q1 2022[19] - Cash outflow for purchasing goods and services was 479,378,317.58, compared to 338,567,386.16, indicating higher operational expenses[24] Investment and Financing - The company reported investment income of CNY 988,368.26 for Q1 2023, compared to CNY 813,350.51 in Q1 2022[20] - The company received 202,100,000.00 in cash from borrowings, a significant increase from 122,660,000.00 in the previous year, demonstrating enhanced financing capabilities[25] Other Financial Metrics - The weighted average return on net assets was 1.44%, a decrease of 0.26 percentage points compared to the previous year[6] - The company's cash and cash equivalents reached CNY 217,525,896.97, compared to CNY 199,644,850.00 in the previous year, indicating an increase of about 8.7%[15] - Accounts receivable stood at CNY 912,481,031.30, slightly decreasing from CNY 921,149,571.92, showing a decline of approximately 0.7%[16] - The company's inventory increased to CNY 154,490,651.32 from CNY 145,158,344.06, representing a growth of about 6.5%[16] - The company's long-term equity investments were valued at CNY 3,099,708.42, slightly decreasing from CNY 3,101,677.12, showing a negligible decline[16] - The impact of exchange rate fluctuations on cash and cash equivalents was -753,482.42, compared to -581,159.84, reflecting currency volatility effects[25] - Cash received from tax refunds was 4,398,009.54, an increase from 3,952,579.98, highlighting improved tax recovery efforts[24] - Cash paid to employees was 42,192,104.13, up from 31,174,683.01, reflecting increased workforce costs[24]