南芯科技(688484) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥285,668,200.45, representing a decrease of 32.08% compared to the same period last year[5] - The net profit attributable to shareholders was ¥30,958,612.32, down 75.83% year-on-year[5] - The net cash flow from operating activities was -¥24,765,447.47, a decline of 123.84% compared to the previous year[5] - Total revenue for Q1 2023 was $285.67 million, a decrease of 32.1% compared to $420.58 million in Q1 2022[32] - The total comprehensive income attributable to the parent company's owners for Q1 2023 was ¥30,958,612.32, a decrease from ¥128,067,638.73 in Q1 2022, representing a decline of approximately 76.8%[34] - The company reported a total operating profit of ¥30,997,807.25 for Q1 2023, compared to ¥129,256,009.45 in Q1 2022, reflecting a decrease of approximately 76.0%[34] - The total profit for Q1 2023 was ¥30,958,612.32, down from ¥128,067,638.73 in Q1 2022, indicating a decline of approximately 76.8%[34] Research and Development - R&D investment totaled ¥56,625,287.03, an increase of 85.73% year-on-year, accounting for 19.82% of operating revenue, up 12.57 percentage points[7] - Research and development expenses increased to $56.63 million in Q1 2023, up 85.8% from $30.49 million in Q1 2022[32] - The company experienced a significant increase in employee numbers and R&D expenditures, contributing to the decline in net profit[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,056,073,609.58, a 76.02% increase from the end of the previous year[7] - Cash and cash equivalents rose significantly to $3.06 billion as of March 31, 2023, compared to $844.35 million at the end of 2022[25] - Total assets increased to $4.06 billion as of March 31, 2023, from $2.30 billion at the end of 2022[29] - Total liabilities decreased to $576.03 million in Q1 2023, down 53.3% from $1.23 billion in Q4 2022[29] - Shareholders' equity attributable to the parent company reached ¥3,480,040,737.85, reflecting a significant increase of 223.95% year-on-year[7] - Shareholders' equity increased to $3.48 billion as of March 31, 2023, compared to $1.07 billion at the end of 2022[29] Cash Flow - Cash inflows from operating activities for Q1 2023 totaled ¥811,923,092.52, compared to ¥492,741,203.19 in Q1 2022, reflecting an increase of approximately 64.7%[38] - Cash inflows from investing activities for Q1 2023 amounted to ¥146,722,413.34, while cash outflows were ¥2,809,137.71, resulting in a net cash flow of ¥143,913,275.63[39] - Cash inflows from financing activities for Q1 2023 were ¥2,503,135,266.04, with net cash flow from financing activities of ¥2,160,298,891.04, compared to a net outflow of -¥202,167,500.00 in Q1 2022[39] - The ending cash and cash equivalents balance for Q1 2023 was ¥2,763,049,620.12, up from ¥379,662,701.22 in Q1 2022, indicating a significant increase[39] Market Conditions - The decrease in operating revenue was primarily due to a decline in overall demand in the downstream terminal market and intensified industry competition[16] - The company went public on the Shanghai Stock Exchange's Sci-Tech Innovation Board on April 7, 2023[13] Miscellaneous - The company did not report any income tax expenses for both Q1 2023 and Q1 2022[34] - Government subsidies recognized in the current period amount to ¥262,608.75, closely related to the company's normal business operations[46] - The company did not report any non-recurring gains or losses from asset disposals or other extraordinary items[46] - There were no reported losses from debt restructuring or impairment due to natural disasters[46] - The company has not disclosed any significant changes in the number of common shareholders or major shareholders' holdings[47] - The audit opinion type is not applicable for this reporting period[48] - The report is for the first quarter of 2023, indicating a focus on early-year performance metrics[49] - The company is led by Ruan Chenjie, with Zhao Xi responsible for accounting operations[53] - No significant non-monetary asset exchange gains or losses were reported during this period[46] - There were no costs related to corporate restructuring or employee placement reported[46] - The company has not indicated any new product developments or market expansion strategies in the provided documents[46]