厦门信达(000701) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥21,014,693,716.12, a decrease of 9.19% compared to ¥23,141,208,443.67 in the same period last year[3] - The net profit attributable to shareholders for Q1 2023 was ¥7,175,758.32, down 4.52% from ¥7,515,660.82 in Q1 2022[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥71,356,143.55, a significant decline of 5,592.76% compared to ¥1,299,093.50 in the previous year[3] - The net profit for Q1 2023 was CNY 19,443,222.74, a decrease of 55.3% compared to CNY 43,445,147.35 in Q1 2022[28] - The total revenue from operating activities was CNY 26,770,563,763.13, down from CNY 28,590,349,565.41 in the previous year, representing a decline of 6.4%[31] - The company reported a total comprehensive income of CNY 8,404,212.49, significantly lower than CNY 40,327,636.75 in the same period last year[29] Cash Flow and Liquidity - Cash flow from operating activities was -¥2,567,384,617.73, representing a decrease of 28.56% from -¥1,997,058,113.96 in the same period last year[4] - The net cash flow from operating activities was -CNY 2,567,384,617.73, worsening from -CNY 1,997,058,113.96 in Q1 2022[32] - The investment activities generated a net cash outflow of -CNY 823,220,279.14, compared to -CNY 732,866,255.69 in the previous year[32] - The financing activities resulted in a net cash inflow of CNY 2,827,539,217.47, down from CNY 3,142,200,629.92 in Q1 2022[32] - The company's cash and cash equivalents decreased to ¥2,828,330,456.01 from ¥3,401,908,210.27 at the beginning of the year, a decline of 16.8%[22] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥20,348,054,434.19, an increase of 26.68% from ¥16,021,786,057.33 at the end of the previous year[4] - The total assets of the company reached ¥20,348,054,434.19, up from ¥16,062,019,509.25, indicating a growth of 26.5%[25] - The total liabilities increased to ¥16,753,957,036.00 from ¥12,414,229,617.37, reflecting a rise of 35.5%[25] Earnings and Shareholder Information - The company's basic earnings per share for Q1 2023 was -¥0.0454, a decrease of 0.67% from -¥0.0451 in Q1 2022[4] - The company's diluted earnings per share for Q1 2023 was -¥0.0454, down 2.95% from -¥0.0441 in the same period last year[4] - The number of ordinary shareholders at the end of the reporting period was 39,896[14] Inventory and Borrowings - The company reported a significant increase in inventory, which rose by 100.54% to ¥4,863,716,289.37 compared to ¥2,425,293,595.66 at the beginning of the year[10] - Inventory rose significantly to ¥4,863,716,289.37 from ¥2,425,293,595.66, marking a 100.1% increase[23] - The company's short-term borrowings increased by 90.31% to ¥8,318,009,471.41 from ¥4,370,850,751.87 at the beginning of the year[10] - Short-term borrowings surged to ¥8,318,009,471.41 from ¥4,370,850,751.87, an increase of 90.5%[24] Other Financial Metrics - R&D expenses decreased by 48.94% year-on-year to ¥8,263,773.54[11] - Other income increased by 268.28% year-on-year to ¥56,629,499.87, primarily due to increased government subsidies[11] - Investment income decreased by 293.91% year-on-year to -¥99,446,413.15, mainly due to reduced gains from derivative contracts[11] - Fair value changes in financial assets increased by 347.24% year-on-year to ¥135,463,422.30, attributed to the appreciation of derivative contracts[11] - Tax expenses decreased by 67.73% year-on-year to ¥10,661,023.67, reflecting a reduction in total profit[11] - The company incurred financial expenses of CNY 94,014,670.80, an increase from CNY 84,049,792.76 in the previous year[28] - The investment income reported was -CNY 99,446,413.15, a significant decline from CNY 51,285,427.61 in Q1 2022[28] Strategic Developments - The company acquired a 55% stake in Poly Automobile Co., leading to an increase in goodwill[11] - The company is actively pursuing arbitration to resolve outstanding debts with Xi'an Maike and Shenzhen Maike, which have not fulfilled their payment obligations[20]