高新发展(000628) - 2023 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 173.36% to CNY 31,451,902.84 from CNY 11,505,701.63 in the same period last year[15]. - Revenue grew by 2.06% to CNY 908,824,375.56, up from CNY 890,499,723.09 year-on-year[15]. - The total profit for the period reached CNY 46,419,406.31, a significant increase from CNY 20,657,372.89 in the previous period, representing a growth of approximately 125.5%[58]. - The company’s operating profit for the period was CNY 46,258,536.06, compared to CNY 20,566,591.47 in the previous period, an increase of approximately 124.5%[58]. - Net profit attributable to the parent company was CNY 31,451,902.84, compared to CNY 11,505,701.63 in the same period last year, marking an increase of about 174.5%[58]. - Basic and diluted earnings per share improved to ¥0.089, compared to ¥0.033 in the previous period, representing a growth of 169.7%[72]. - The total comprehensive income for the current period was ¥26,162,431.80, compared to ¥11,964,266.60 in the previous period, an increase of 118.5%[72]. Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline of 190.51%, resulting in a net outflow of CNY 1,348,992,209.78[15]. - Net cash flow from operating activities decreased by CNY 884.64 million, a decline of 190.51%, primarily due to increased net outflow of futures trading margin and higher cash payments for goods and services in construction business compared to the same period last year[42]. - Cash and cash equivalents at the end of the period totaled CNY 1,370,175,063.90, down from CNY 1,781,836,684.14 at the end of the previous period[62]. - The company reported a net cash outflow from investing activities of CNY -275,299,321.86, which is a larger outflow compared to CNY -196,587,348.13 in the previous year[62]. - The company’s cash flow from financing activities showed a net inflow of CNY 459,527,044.30, compared to CNY 270,303,914.78 in the previous year, representing an increase of about 70%[62]. Assets and Liabilities - Total assets decreased by 6.02% to CNY 12,854,591,360.54 compared to the previous year[7]. - Total current assets as of March 31, 2023, amounted to CNY 11.69 billion, down from CNY 12.62 billion at the beginning of the year[51]. - Total liabilities decreased from CNY 11.70 billion at the beginning of the year to CNY 10.86 billion as of March 31, 2023[54]. - The total liabilities and equity amounted to ¥12,854,591,360.54, down from ¥13,677,871,066.54, a decrease of 6.0%[69]. - Short-term borrowings rose by 35.09% to CNY 86,026,300.00, reflecting new bank loans taken during the period[11]. - Long-term equity investments increased by 37.80% to CNY 69,318,200.00, attributed to new investments in the power semiconductor industry[22]. - The company’s long-term equity investments increased to CNY 252,676,298.59 from CNY 183,358,072.36, reflecting a growth of about 37.8%[66]. Expenses and Management - Management expenses increased by CNY 8.48 million, a growth of 32.73%, mainly due to the amortization of intangible assets from Senwei Technology and increased management costs associated with company expansion[40]. - Research and development expenses decreased to ¥3,663,857.01 from ¥4,242,852.43, a reduction of 13.6%[69]. - Sales expenses increased to ¥21,549,049.56 from ¥18,809,429.97, reflecting a rise of 9.3%[69]. - Management expenses rose to ¥34,379,693.69 from ¥25,901,541.38, an increase of 32.6%[69]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,802[30]. - The company plans to issue convertible bonds to fund the R&D and industrialization of high-end power semiconductor devices and components, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission[47]. Other Financial Metrics - The weighted average return on equity improved to 1.79%, up from 0.74% in the previous year[15]. - The company reported a credit impairment loss of CNY -11,697,920.40, which is higher than the previous loss of CNY -7,413,488.79, indicating a worsening in credit quality[58]. - Other current liabilities increased by CNY 161.98 million, a growth of 25.50%, primarily due to the increase in payable supply chain ABS amounts during the reporting period[39]. - The balance of employee compensation payable decreased by CNY 23.79 million, a decline of 39.81%, mainly due to the payment of last year's employee compensation[38]. - Total operating costs decreased to ¥850,746,580.61 from ¥858,848,342.68, reflecting a reduction of 0.6%[69]. - Total operating revenue for the current period reached ¥908,824,375.56, an increase of 2.9% compared to ¥890,499,723.09 in the previous period[69].