烽火电子(000561) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥240,611,512.67, representing a 51.09% increase compared to ¥159,248,968.87 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥18,878,365.82, an improvement from a loss of ¥35,113,955.27 in the previous year[3]. - The net profit for the current period was -¥23,900,044.56, an improvement from -¥45,255,793.04 in the previous period, reflecting a reduction in losses of about 47%[22]. - The company's total comprehensive loss for the current period was -¥23,900,044.56, compared to -¥45,255,793.04 in the previous period, reflecting a reduction in comprehensive losses of about 47%[22]. - The weighted average return on net assets was -1.05%, an improvement from -2.25% in the same period last year[3]. - The company reported a basic and diluted earnings per share of -0.03, improving from -0.06 in the previous period[22]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥146,693,036.30 from -¥250,184,555.04 year-on-year[10]. - Cash flow from operating activities showed a net outflow of -¥146,693,036.30, an improvement compared to -¥250,184,555.04 in the previous period[23]. - Cash and cash equivalents at the end of the period totaled ¥292,240,447.32, compared to ¥173,683,662.37 at the end of the previous period, indicating an increase of approximately 68%[24]. - The company's cash and cash equivalents decreased by 33.51% to ¥431,849,158.77, mainly due to repayment of bank loans and payment of trade payables[8]. Assets and Liabilities - Total assets decreased by 5.41% to ¥4,076,364,032.00 from ¥4,309,478,650.43 at the end of the previous year[3]. - As of March 31, 2023, the total assets of Shaanxi Fenghuo Electronics Co., Ltd. amounted to CNY 4,076,364,032.00, a decrease from CNY 4,309,478,650.43 at the beginning of the year[16]. - The company's current assets totaled CNY 3,162,467,614.46, down from CNY 3,382,369,911.23 at the start of the year, indicating a decline of approximately 6.5%[16]. - Total liabilities decreased to CNY 2,164,818,854.13 from CNY 2,373,891,655.36, a decline of approximately 8.8%[17]. - The company reported a decrease in total equity attributable to shareholders by 1.05% to ¥1,784,481,472.91[3]. - The company's equity attributable to shareholders was CNY 1,784,481,472.91, down from CNY 1,803,500,005.80, indicating a decrease of about 1.1%[18]. Expenses - Research and development expenses increased by 47.95% to ¥52,775,033.64, primarily due to external collaboration costs for self-funded projects[9]. - The company's financial expenses increased by 194.07% to ¥1,654,441.65, primarily due to a decrease in interest income compared to the previous year[9]. - The company incurred financial expenses of ¥1,654,441.65, which is significantly higher than the previous period's ¥562,605.19, indicating an increase of approximately 194%[19]. - Total operating costs increased to ¥260,927,076.29 from ¥201,264,718.21, marking a rise of about 29.5%[19]. Government Support - The company received government subsidies amounting to ¥620,968.77, a significant increase of 3974.97% compared to ¥15,238.61 in the previous year[9].