高铁电气(688285) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥215,737,188.59, representing a decrease of 18.08% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was ¥14,001,659.85, down 35.23% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,291,369.63, a decline of 46.68% compared to the previous year[5] - The basic and diluted earnings per share were both ¥0.039, reflecting a decrease of 35.00%[6] - The total profit for Q1 2023 was CNY 16.82 million, down from CNY 28.18 million in Q1 2022, representing a decline of about 40.5%[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥155,540,078.76, indicating a significant cash outflow[6] - Cash and cash equivalents as of March 31, 2023, were CNY 569,534,097.09, down from CNY 759,770,844.67 at the end of 2022, representing a decline of 25.0%[16] - The cash flow from operating activities showed a net outflow of CNY 155.54 million in Q1 2023, compared to a net outflow of CNY 178.04 million in Q1 2022, indicating an improvement of approximately 12.6%[25] - The net cash flow from financing activities in Q1 2023 was a net outflow of CNY 5.28 million, an improvement from a net outflow of CNY 30.17 million in Q1 2022[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,058,967,188.39, a decrease of 3.66% from the end of the previous year[6] - Total assets decreased to CNY 3,058,967,188.39 from CNY 3,175,075,699.91, a reduction of 3.7%[18] - Total liabilities decreased to CNY 1,443,174,786.61 from CNY 1,574,437,922.91, a decline of 8.3%[18] - Current liabilities totaled CNY 1,424,451,409.20, down from CNY 1,553,066,263.61, indicating a decrease of 8.3%[17] - Non-current assets amounted to CNY 672,937,540.11, slightly down from CNY 676,014,270.46, a decrease of 0.5%[17] - The company reported a total equity of CNY 1,615,792,401.78, an increase from CNY 1,600,637,777.00, reflecting a growth of 0.9%[18] Research and Development - Research and development expenses totaled ¥14,325,703.10, accounting for 6.64% of operating revenue, an increase of 1.79 percentage points[6] - Research and development expenses increased to CNY 14.33 million in Q1 2023, up from CNY 12.78 million in Q1 2022, which is an increase of approximately 12.1%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,246[12] Inventory and Receivables - The company’s inventory increased to CNY 347,447,409.19 from CNY 325,987,722.47, representing a rise of 6.5%[16] - Accounts receivable increased to CNY 1,374,225,751.96 from CNY 1,335,133,354.81, reflecting a growth of 2.9%[16] Non-Recurring Items - The company reported a non-recurring gain of ¥2,710,290.22 after tax, primarily from government subsidies and other non-operating income[8] Operating Costs - The total operating costs for Q1 2023 were CNY 197.91 million, a decrease from CNY 233.27 million in Q1 2022, representing a reduction of approximately 15.1%[21] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in the current report[14]