华盛锂电(688353) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 113,217,630.10, representing a decrease of 67.82% compared to the same period last year[4] - The net profit attributable to shareholders for Q1 2023 was CNY 11,005,332.88, down 92.81% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,826,921.44, a decline of 98.13% compared to the previous year[4] - Basic earnings per share for Q1 2023 were CNY 0.10, down 94.65% from the same period last year[5] - Net profit for Q1 2023 was ¥9,096,034.36, a significant decline of 94.0% from ¥152,293,395.04 in Q1 2022[19] - Basic and diluted earnings per share for Q1 2023 were both ¥0.10, compared to ¥1.87 in Q1 2022[20] Cash Flow - The net cash flow from operating activities was negative CNY 39,401,208.37, reflecting a decrease of 124.03% year-on-year[4] - In Q1 2023, the net cash flow from operating activities was -39,401,208.37, a significant decrease from 163,987,680.36 in Q1 2022[23] - Total cash inflow from operating activities was 61,592,671.90, down from 382,694,068.25 in the same period last year[22] - Cash outflow from operating activities totaled 100,993,880.27, compared to 218,706,387.89 in Q1 2022[23] - The net cash flow from investing activities was -1,625,477,061.29, a sharp decline from -62,589,315.32 year-over-year[24] - The net cash flow from financing activities was 23,582,743.48, improving from -48,523,987.71 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,505,218,160.89, a decrease of 0.74% from the end of the previous year[5] - The total current assets as of March 31, 2023, amounted to ¥3,030,081,544.99, a decrease from ¥3,229,630,508.15 as of December 31, 2022, representing a decline of approximately 6.2%[14] - Cash and cash equivalents decreased significantly from ¥2,842,240,488.83 to ¥1,118,952,540.72, a drop of about 60.7%[14] - The accounts receivable decreased from ¥158,971,557.50 to ¥113,365,424.51, reflecting a reduction of approximately 28.7%[14] - The total liabilities decreased to ¥555,448,586.24 in Q1 2023 from ¥606,222,011.22 in Q1 2022, representing a reduction of 8.4%[16] Research and Development - Research and development expenses totaled CNY 8,224,180.18, down 49.80% year-on-year, while the R&D expense ratio to operating revenue increased by 2.6 percentage points to 7.26%[5] - Research and development expenses for Q1 2023 were ¥8,224,180.18, down 49.8% from ¥16,382,833.55 in Q1 2022, indicating a potential shift in focus[19] Non-Recurring Gains and Other Income - The company reported non-recurring gains of CNY 8,178,411.44, primarily from government subsidies and other non-operating income[7] - The company reported an investment income of ¥3,409,843.32 in Q1 2023, compared to a loss of ¥4,416,013.44 in Q1 2022, showing improvement in investment performance[19] Market Conditions - The company experienced a significant decline in sales prices due to increased industry capacity, leading to a supply-demand imbalance for additive products[8] Other Information - The total liabilities and shareholders' equity figures were not provided in the extracted data, indicating a need for further details in future reports[13] - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - There are no significant mergers or acquisitions reported during this quarter[13]