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菱电电控(688667) - 2023 Q1 - 季度财报
Wuhan LinWuhan Lin(SH:688667)2023-04-28 16:00

Financial Performance - The company's operating revenue for Q1 2023 was ¥232,312,855.96, representing a year-on-year increase of 35.90%[2] - Net profit attributable to shareholders decreased by 47.88% to ¥13,606,170.63, primarily due to higher costs of vehicle ECU chips and a greater proportion of lower-margin new energy products[5] - Basic earnings per share fell by 48.51% to ¥0.26, reflecting the decline in net profit attributable to shareholders[5] - Total operating revenue for Q1 2023 was CNY 232,312,855.96, an increase of 36% compared to CNY 170,947,044.33 in Q1 2022[15] - Net profit for Q1 2023 was CNY 13,606,170.63, a decrease of 48% from CNY 26,103,952.09 in Q1 2022[16] - Total comprehensive income for Q1 2023 was CNY 13,606,170.63, down from CNY 26,103,952.09 in Q1 2022[17] Cash Flow - The net cash flow from operating activities was negative at -¥66,551,521.80, a decline of 274.34% compared to the previous year, attributed to reduced receivables and increased inventory[5] - Cash inflow from operating activities in Q1 2023 was CNY 114,766,776.72, compared to CNY 171,478,175.75 in Q1 2022, indicating a decline of 33%[18] - The net cash flow from operating activities was -$66,551,521.80, a significant decrease compared to $38,173,261.92 in the previous year[20] - Cash outflows from operating activities totaled $181,318,298.52, up from $133,304,913.83 year-over-year[20] - The net cash flow from investing activities was $81,029,115.51, a recovery from a negative cash flow of -$31,391,986.08 in the same quarter last year[20] - The net cash flow from financing activities was -$1,403,651.34, compared to -$30,659,638.13 in the prior year[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,902,413,908.25, a decrease of 0.89% from the end of the previous year[3] - The company's total assets amounted to CNY 1,902,413,908.25, a slight decrease from CNY 1,919,460,402.90 at the end of 2022[12] - The total current liabilities were reported at CNY 234,229,943.09, compared to CNY 276,374,854.26 at the end of 2022, showing a reduction of around 15.3%[12] - Total liabilities as of Q1 2023 were CNY 359,093,154.54, down from CNY 401,003,789.21 in the previous year[14] - The company's non-current assets totaled CNY 417,974,348.03, an increase from CNY 399,339,997.17, marking a growth of about 4.4%[12] Research and Development - Research and development expenses totaled ¥40,345,677.19, a slight decrease of 0.33%, accounting for 17.37% of operating revenue, down 6.31 percentage points from the previous year[3] - Research and development expenses for Q1 2023 were CNY 40,345,677.19, slightly down from CNY 40,479,476.40 in Q1 2022[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,826[6] - Total equity attributable to shareholders was CNY 1,543,320,753.71, an increase from CNY 1,518,456,613.69 in Q1 2022[14] Other Financial Information - The company reported non-recurring gains of ¥4,799,288.09, primarily from government subsidies and other non-operating income[5] - The company reported a financial income of CNY 2,337,234.30 from investments in Q1 2023, compared to CNY 3,521,177.65 in Q1 2022[15] - The company's cash and cash equivalents increased to CNY 114,162,188.46 from CNY 87,619,931.98 in the previous year, representing a growth of approximately 30.3%[11] - The accounts receivable rose to CNY 231,496,476.91, up from CNY 210,389,558.79, indicating an increase of about 10%[11] - The company's inventory decreased to CNY 371,904,607.77 from CNY 397,551,584.33, reflecting a decline of approximately 6.5%[12] - The company reported a significant increase in trading financial assets, which amounted to CNY 421,997,901.02, down from CNY 526,108,593.82, a decrease of approximately 19.7%[11] Strategic Developments - The company has not disclosed any new product developments or market expansion strategies in the current report[10] - There are no indications of mergers or acquisitions in the current financial report[10] - The company has adopted new accounting standards starting in 2023, which may affect financial reporting[21]