Workflow
正虹科技(000702) - 2023 Q1 - 季度财报
HNZHKJHNZHKJ(SZ:000702)2023-04-28 16:00

Financial Performance - The company's operating revenue for Q1 2023 was CNY 288,683,523.27, representing a 31.43% increase compared to CNY 219,650,105.32 in the same period last year[5] - The net loss attributable to shareholders was CNY -29,169,011.80, an improvement of 34.79% from a loss of CNY -44,728,671.59 in the previous year[5] - The net cash flow from operating activities was CNY 11,177,859.49, a significant turnaround from CNY -26,001,722.14 in Q1 2022, marking a 142.99% increase[5] - The company's net loss for the period was CNY 304,696,606.02, compared to a loss of CNY 275,527,594.22 in the previous year[15] - The net profit for Q1 2023 was -43,058,847.59 CNY, an improvement from -61,795,305.85 CNY in Q1 2022, representing a decrease in net loss of approximately 30%[17] - Operating profit for Q1 2023 was -41,581,951.99 CNY, compared to -60,627,180.32 CNY in the same period last year, indicating a significant reduction in operating losses[17] - The company reported a total comprehensive loss of -40,875,847.59 CNY for Q1 2023, compared to -64,237,305.85 CNY in Q1 2022, showing a reduction in overall losses[18] - Basic and diluted earnings per share for Q1 2023 were both -0.1094 CNY, an improvement from -0.1678 CNY in Q1 2022[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 770,537,232.71, down 3.28% from CNY 796,636,290.30 at the end of the previous year[5] - The total assets of the company were CNY 770,537,232.71, down from CNY 796,636,290.30 at the beginning of the year[15] - The total liabilities increased to CNY 694,158,610.22 from CNY 679,381,820.22, indicating a rise in financial obligations[15] - The company's equity attributable to shareholders decreased to CNY 201,085,427.37 from CNY 228,071,439.17[15] - The company reported a significant increase in other payables, which rose to CNY 144,939,807.14 from CNY 71,182,280.06, indicating potential liquidity issues[15] Cash Flow - The net cash flow from financing activities was CNY 36,532,496.74, a significant increase compared to CNY -21,587,838.16 in the same period last year[9] - The company's cash and cash equivalents at the end of the quarter amounted to CNY 125,269,244.19, compared to CNY 76,855,319.30 at the beginning of the year[13] - Cash and cash equivalents at the end of Q1 2023 totaled 97,311,335.77 CNY, up from 57,376,369.75 CNY at the end of Q1 2022, indicating improved liquidity[20] Inventory and Receivables - The company's inventory decreased by 22.51%, from CNY 220,097,117.54 to CNY 170,557,232.36[8] - Accounts receivable decreased to CNY 8,251,898.57 from CNY 15,744,677.22 year-on-year, indicating improved collection efficiency[14] - Inventory decreased to CNY 170,557,232.36 from CNY 220,097,117.54, reflecting better inventory management[14] Expenses - The total operating costs for Q1 2023 were CNY 317,200,230.18, up 13.7% from CNY 279,062,971.42 in Q1 2022[16] - The company reported a 40.50% reduction in selling expenses, down to CNY 4,657,768.64 from CNY 7,828,782.48, attributed to a decrease in personnel and promotional costs[9] - The company incurred financial expenses of 5,654,342.08 CNY, slightly down from 5,761,794.00 CNY in the previous year, suggesting better cost management[17] - Research and development expenses increased to 843,804.31 CNY in Q1 2023 from 216,959.22 CNY in Q1 2022, reflecting a focus on innovation and product development[17] Asset Impairment - The company experienced a 290.53% increase in asset impairment losses, totaling CNY -11,520,873.69, mainly due to provisions for inventory write-downs[9] Contract Liabilities - Contract liabilities increased by 132.49% to CNY 12,789,373.01, primarily due to an increase in advance payments received[9]