力芯微(688601) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥178,417,815.74, representing a decrease of 32.64% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥27,658,676.04, down 57.82% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 61.48% to ¥23,698,879.02[5]. - Basic earnings per share were ¥0.31, reflecting a decline of 57.53% compared to the previous year[6]. - Net profit for Q1 2023 was ¥29,148,470.90, a decline of 56.0% from ¥66,104,447.82 in Q1 2022[21]. - Earnings per share for Q1 2023 were ¥0.31, compared to ¥0.73 in Q1 2022, reflecting a 57.5% decrease[22]. Research and Development - Research and development expenses totaled ¥28,148,118.58, accounting for 15.78% of operating revenue, an increase of 6.30 percentage points year-on-year[6]. - Research and development expenses for Q1 2023 were ¥28,148,118.58, an increase of 9.1% compared to ¥25,107,212.92 in Q1 2022[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,298,656,025.22, an increase of 3.65% from the end of the previous year[6]. - The total current assets as of March 31, 2023, amounted to ¥1,246,756,698.84, an increase from ¥1,202,364,785.82 as of December 31, 2022, reflecting a growth of approximately 3.7%[16]. - The total assets reached ¥1,298,656,025.22, up from ¥1,252,951,003.71, representing an increase of approximately 3.7%[17]. - The total liabilities as of Q1 2023 were ¥103,882,856.98, a slight decrease from ¥104,583,437.88 in Q1 2022[20]. - Total equity attributable to shareholders was ¥1,130,672,579.33, up from ¥1,100,756,771.78 in Q1 2022, reflecting a growth of 2.7%[20]. Cash Flow - Cash inflow from operating activities in Q1 2023 was ¥233,605,048.91, an increase of 8.5% from ¥215,105,136.70 in Q1 2022[22]. - Cash paid for purchasing goods and services in Q1 2023 was ¥113,715,793.34, down 41.7% from ¥195,276,074.38 in Q1 2022[22]. - The net cash flow from operating activities for Q1 2023 was $2.54 million, a significant improvement from a net outflow of $43.46 million in Q1 2022[24]. - The total cash and cash equivalents at the end of Q1 2023 stood at $274.35 million, compared to $224.82 million at the end of Q1 2022, reflecting an increase of approximately 22%[24]. - The company reported a significant cash outflow of $519.78 million for the quarter, compared to $125.98 million in Q1 2022, indicating a worsening cash position[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,972[12]. - The company reported a total of 5,109,127 shares held by Wuxi High-tech Venture Capital Co., Ltd., making it the largest unrestricted shareholder[14]. Market Conditions and Future Outlook - The company experienced a decline in sales volume, which significantly impacted revenue and net profit[9]. - The first quarter of 2023 showed signs of gradual recovery in industry conditions compared to the previous year[9]. - The company has not disclosed any significant new product developments or technological advancements during the reporting period[16]. - There were no mergers or acquisitions reported in the first quarter of 2023[16]. - The company has not provided specific future guidance or market expansion strategies in the current report[16]. Financial Ratios - The return on equity (ROE) was 2.48%, a decrease of 4.05 percentage points compared to the previous year[6]. Other Financial Metrics - The company reported a decrease in financial expenses, which were ¥273,778.87 in Q1 2023 compared to ¥632,494.82 in Q1 2022, a reduction of 56.7%[20]. - Cash received from investment activities decreased by 73.8% year-over-year, highlighting a potential slowdown in investment returns[24]. - The impact of exchange rate fluctuations on cash and cash equivalents was a negative $2.18 million, worsening from a negative $541,647 in Q1 2022[24]. - The company did not apply new accounting standards for the first quarter of 2023, maintaining consistency in financial reporting[25].