和林微纳(688661) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 42.98 million, a decrease of 52.48% compared to the same period last year[3] - The net profit attributable to shareholders was CNY -7.16 million, representing a decline of 137.06% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -12.97 million, down 172.48% from the previous year[3] - The company’s basic earnings per share were CNY -0.08, a decrease of 133.11% compared to the same period last year[3] - Net profit for Q1 2023 was a loss of CNY 7,162,013.24, down from a profit of CNY 19,326,263.26 in Q1 2022[19] - The total comprehensive income for Q1 2023 was a loss of CNY 7,199,450.21, compared to a gain of CNY 19,020,823.76 in Q1 2022[20] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.080, down from CNY 0.2416 in Q1 2022[20] Research and Development - Research and development expenses totaled CNY 16.71 million, an increase of 56.24%, accounting for 38.88% of operating revenue, up 27.05 percentage points[3] - Research and development expenses increased to CNY 16,712,888.96 in Q1 2023 from CNY 10,696,764.93 in Q1 2022, indicating a focus on innovation[19] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1.32 billion, a decrease of 1.81% from the end of the previous year[4] - The company's total current assets amount to ¥1,026,942,306.84, a decrease from ¥1,060,116,314.22 in the previous period[13] - Total non-current assets are reported at ¥288,876,729.69, an increase from ¥279,952,577.17[14] - Total assets amount to ¥1,315,819,036.53, down from ¥1,340,068,891.39[14] - Total current liabilities are ¥50,690,257.24, a decrease from ¥64,583,594.74[14] - Total non-current liabilities are reported at ¥13,310,655.82, down from ¥17,756,478.99[14] - The total liabilities as of Q1 2023 were CNY 64,000,913.06, compared to CNY 82,340,073.73 in the previous period[15] - The total equity attributable to shareholders was CNY 1,251,818,123.47 in Q1 2023, slightly down from CNY 1,257,728,817.66 in Q1 2022[15] Cash Flow - Cash flow from operating activities was CNY -14.88 million, not applicable for year-over-year comparison[3] - Cash flow from operating activities showed a net outflow of CNY 14,876,052.99 in Q1 2023, compared to a smaller outflow of CNY 549,900.85 in Q1 2022[22] - The net cash inflow from investment activities was $146,321,995.54, compared to a net outflow of $9,385,190.72 in the previous year[23] - The total cash inflow from investment activities amounted to $1,067,449,595.13, while cash outflow was $921,127,599.59[23] - The net increase in cash and cash equivalents for the quarter was $131,039,404.80, contrasting with a decrease of $24,024,509.57 in the same period last year[23] - The ending balance of cash and cash equivalents reached $289,870,322.23, up from $87,499,245.03 year-over-year[23] - The company reported cash payments for the acquisition of fixed assets, intangible assets, and other long-term assets totaling $16,127,599.59[23] - The company did not report any cash inflow from financing activities, resulting in a net cash outflow of $13,539,214.99 from financing activities[23] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $406,537.75[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 3,655[9] - The largest shareholder, Luo Xingshun, holds 30,851,653 shares, accounting for 34.33% of total shares[9] Other Financial Metrics - The weighted average return on equity was 1.44%, a decrease of 1.89 percentage points compared to the previous year[3] - The company experienced a significant increase in prepayments by 56.47%, primarily due to increased material payments[6] - The company reported a 41.30% increase in cash and cash equivalents, mainly due to the maturity of financial products[6] - Accounts receivable stands at ¥49,846,097.37, down from ¥55,471,352.36[13] - Inventory is reported at ¥63,381,686.59, slightly up from ¥60,052,624.28[13] - Total operating costs for Q1 2023 were CNY 61,004,575.48, compared to CNY 70,671,871.22 in Q1 2022, reflecting a reduction in costs[17] - The company reported a significant increase in other income to CNY 2,124,771.87 in Q1 2023 from CNY 137,498.95 in Q1 2022, indicating improved financial management[19] - The company executed new accounting standards starting in 2023, which may affect the financial statements[23]