嘉元科技(688388) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥983,837,667.02, representing a year-on-year increase of 2.20%[5] - The net profit attributable to shareholders decreased by 78.83% to ¥36,834,887.49 compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses also fell by 78.87% to ¥35,460,018.32[5] - Basic and diluted earnings per share were both ¥0.12, down 83.78% compared to the same period last year[6] - The company's total revenue for Q1 2023 was ¥981,708,582.37, representing an increase of 2.0% compared to ¥960,022,513.32 in Q1 2022[31] - The net profit for Q1 2023 was ¥41,422,009.97, a decrease of 76.8% from ¥171,579,269.43 in Q1 2022[32] - The company’s total comprehensive income for Q1 2023 was CNY 36,725,685.92, compared to CNY 174,004,292.32 in the previous year, indicating a significant decrease[21] Cash Flow - The net cash flow from operating activities was ¥54,663,341.10, an increase of 72.35% year-on-year[6] - The cash inflow from operating activities was ¥1,033,264,967.09 in Q1 2023, compared to ¥902,507,027.00 in Q1 2022, marking a growth of 14.5%[34] - The net cash flow from investing activities in Q1 2023 was negative CNY 85,094,418.82, compared to a positive cash flow of CNY 444,234,963.74 in Q1 2022, indicating a significant shift in investment strategy[24] - The total cash inflow from financing activities in Q1 2023 was CNY 278,060,000.00, down from CNY 332,510,000.00 in Q1 2022, indicating a decrease in financing activities[25] - The net cash flow from financing activities was $206,802,609.02 in Q1 2023, a turnaround from a negative $170,492,377.93 in Q1 2022[35] - The net increase in cash and cash equivalents for Q1 2023 was $864,049,491.64, compared to $288,080,401.65 in Q1 2022, representing an increase of about 200%[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,051,938,837.43, an increase of 2.37% from the end of the previous year[6] - Current liabilities totaled CNY 1,899,629,768.31 in Q1 2023, slightly down from CNY 1,921,838,238.79 in Q1 2022, a decrease of approximately 1.2%[18] - Non-current liabilities increased to CNY 1,697,381,002.67 in Q1 2023 from CNY 1,469,904,264.74 in Q1 2022, representing an increase of about 15.5%[18] - The company's total liabilities amounted to ¥2,916,388,251.16 in Q1 2023, compared to ¥2,856,677,144.15 in Q1 2022, an increase of 2.0%[29] Research and Development - Research and development expenses totaled ¥64,019,930.55, up 26.84% from the previous year, accounting for 6.51% of operating revenue, an increase of 1.27 percentage points[6] - Research and development expenses for Q1 2023 were CNY 10,195,654.61, significantly lower than CNY 50,471,587.02 in Q1 2022, marking a reduction of about 79.9%[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,072[12] - The largest shareholder, Guangdong Jiayuan Investment Development Co., Ltd., holds 10,309,278 shares, accounting for 24.19% of the total shares[12] - The top ten shareholders include various investment funds, with the largest being the Jiashan New Energy Materials Fund, holding 4,598,544 shares[13] Government Support and Investments - The company received government subsidies amounting to ¥666,807.92, which contributed to its non-recurring gains[7] - The company reported investment income of CNY 1,476,350.53 for Q1 2023, down from CNY 7,001,232.36 in Q1 2022, a decline of approximately 78.9%[20] - The company received CNY 300,000,000.00 from investment recoveries in Q1 2023, a significant drop from CNY 912,212,502.05 in Q1 2022, highlighting changes in investment returns[24] Operational Costs - The company reported a significant increase in operating costs by 30.56% due to expanded production capacity and rising labor and material costs[9] - Total operating costs for Q1 2023 were CNY 941,564,623.85, up from CNY 763,401,565.61 in Q1 2022, indicating a rise of about 23.4%[19] Future Outlook - The company plans to continue increasing investment in new product development and market expansion strategies[9] - The company has not provided any specific performance guidance for the upcoming quarters[15] - The company has not reported any significant new product developments or technological advancements in the current quarter[15] - There are no new market expansion or acquisition strategies disclosed in the latest report[15] - The company has not received any notifications regarding related party relationships among shareholders, except for known relationships[14] Accounting Standards - The company has adopted new accounting standards starting in 2023, which may affect the financial statements[35]