长阳科技(688299) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥250,822,683.97, representing a decrease of 12.00% compared to the same period last year[5] - The net profit attributable to shareholders was ¥24,927,039.85, down 29.49% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,772,485.89, a decline of 45.94% compared to the previous year[5] - The net cash flow from operating activities was -¥25,297,940.18, reflecting a significant decrease of 152.50%[5] - Total operating revenue for Q1 2023 was ¥250.82 million, a decrease of 12.0% from ¥285.04 million in Q1 2022[17] - Net profit for Q1 2023 was ¥24.93 million, a decline of 29.5% compared to ¥35.35 million in Q1 2022[18] - The total comprehensive income for Q1 2023 was ¥24.27 million, down from ¥35.28 million in Q1 2022[18] - Basic and diluted earnings per share for Q1 2023 were both ¥0.09, down from ¥0.12 in Q1 2022[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,755,816,451.52, an increase of 2.02% from the end of the previous year[6] - The company's current assets decreased to RMB 1,125,122,796.55 from RMB 1,185,622,745.22, reflecting a decline of approximately 5.1%[13] - The total non-current assets increased to RMB 1,630,693,654.97 from RMB 1,515,717,687.32, representing an increase of about 7.6%[14] - The company's total liabilities rose to RMB 658,987,060.68 from RMB 628,778,639.57, indicating an increase of approximately 4.9%[15] - The total equity attributable to shareholders increased to RMB 2,096,829,390.84 from RMB 2,072,561,792.97, showing a growth of about 1.2%[15] Cash Flow - Cash flow from operating activities showed a net outflow of ¥25.30 million in Q1 2023, compared to a net inflow of ¥48.19 million in Q1 2022[21] - Cash flow from investing activities resulted in a net outflow of ¥265.46 million in Q1 2023, compared to a net outflow of ¥189.82 million in Q1 2022[21] - Cash flow from financing activities generated a net inflow of ¥141.79 million in Q1 2023, contrasting with a net outflow of ¥10.40 million in Q1 2022[21] - The cash and cash equivalents at the end of Q1 2023 were ¥204.94 million, a decrease from ¥325.75 million at the end of Q1 2022[21] Research and Development - The company's R&D investment totaled ¥13,999,038.44, which accounted for 5.58% of operating revenue, a decrease of 0.94 percentage points[6] - The company reported a decrease in research and development expenses to ¥14.00 million in Q1 2023, down 24.5% from ¥18.57 million in Q1 2022[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,501[9] - The largest shareholder, Jin Yadong, holds 15.88% of the shares, totaling 45,543,922 shares[9] Market and Operational Insights - The company experienced a decline in sales revenue and gross margin for optical films due to market supply and demand issues[8] - The company's inventory decreased to RMB 176,264,875.49 from RMB 212,516,793.77, a decline of about 16.9%[13] - The accounts receivable increased slightly to RMB 360,256,158.57 from RMB 353,643,715.16, reflecting a growth of approximately 1.9%[13] Borrowings - The company's short-term borrowings increased significantly to RMB 80,067,527.78 from RMB 30,024,750.01, marking an increase of about 166.7%[15] - The long-term borrowings increased to RMB 240,405,618.85 from RMB 146,313,837.79, indicating an increase of approximately 64.2%[15] Accounting and Reporting - The company has adopted new accounting standards starting in 2023, which may affect the financial statements[22] - The first quarter report was announced on April 27, 2023, indicating a commitment to transparency in financial reporting[22] - The financial report includes adjustments related to the initial application of new accounting standards[22] - The company is focused on ensuring the accuracy of financial information in light of the new standards[22] - There are no specific performance metrics or user data provided in the report[22] - Future outlook and performance guidance details are not included in the document[22] - No new products or technologies have been mentioned in the report[22] - There are no updates on market expansion or mergers and acquisitions in the report[22] - The report emphasizes the importance of collaboration within the team to share insights[22] - The document does not provide any specific financial figures or percentages related to performance[22]