冀东装备(000856) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥738,950,792.44, representing a 4.60% increase compared to ¥706,478,551.03 in the same period last year[5] - The net loss attributable to shareholders decreased by 74.22% to ¥603,810.75 from ¥2,342,390.34 year-on-year[5] - The company reported a net profit of ¥574,800.33, a 191.39% increase from a net loss of -¥628,925.59 in the same period last year[9] - The company's operating profit increased to CNY 1,142,043.55 in Q1 2023, compared to CNY 662,185.99 in Q1 2022, marking a growth of 72.4%[19] - The total operating revenue for Q1 2023 was CNY 738,950,792.44, an increase of 4.2% compared to CNY 706,478,551.03 in Q1 2022[18] - The total operating costs for Q1 2023 were CNY 738,643,136.20, up from CNY 705,906,372.78 in the same period last year, reflecting a rise of 4.6%[18] Cash Flow and Liquidity - The net cash flow from operating activities was -¥119,725,605.71, a significant decline of 672.33% compared to a positive cash flow of ¥20,918,928.60 in the previous year[5] - The cash and cash equivalents net decrease was -¥120,605,833.64, a drastic decline of 4596.94% compared to -¥2,567,755.99 in the previous year[10] - Total cash inflow from operating activities is 285,992,228.01 yuan, down 33.2% from 428,447,923.99 yuan in the previous period[23] - Cash outflow from operating activities is 405,717,833.72 yuan, slightly decreased from 407,528,995.39 yuan in the previous period[23] - The ending balance of cash and cash equivalents is 117,181,494.07 yuan, down from 238,661,087.57 yuan in the previous period[23] - The company paid 1,596,702.67 yuan in dividends and interest, a decrease from 2,707,749.01 yuan in the previous period[23] - The company reported a cash inflow of 5,000,000.00 yuan from borrowings during the current period[23] Assets and Liabilities - The company's total assets increased by 2.54% to ¥2,247,402,432.84 from ¥2,191,829,842.01 at the end of the previous year[5] - The total current assets amounted to CNY 1,914,914,388.12, up from CNY 1,859,812,449.70 in the previous year, reflecting a growth of 2.9%[17] - The total liabilities increased to CNY 1,828,598,037.26 in Q1 2023, compared to CNY 1,773,544,209.21 in Q1 2022, representing a rise of 3.1%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,902[11] - The largest shareholder, Jidong Development Group, holds 30.00% of the shares, totaling 68,099,999 shares[11] Research and Development - Research and development expenses rose by 42.37% to ¥11,818,990.02 from ¥8,301,796.86 year-on-year[9] - Research and development expenses rose to CNY 11,818,990.02 in Q1 2023, compared to CNY 8,301,796.86 in Q1 2022, indicating a year-over-year increase of 42.5%[19] Related Party Transactions - The company has conducted related party transactions totaling 50,238.58 million RMB, which did not exceed the expected amount[13] Other Financial Metrics - The weighted average return on equity improved to -0.16% from -0.63% year-on-year, reflecting a 75.13% increase[5] - The basic and diluted earnings per share for Q1 2023 were both CNY -0.0027, compared to CNY -0.0103 in Q1 2022, indicating an improvement in earnings performance[20] Production Capacity and Litigation - The company has frozen 1.2 million tons of cement clinker production capacity due to ongoing litigation[13] Capital and Borrowing - The company plans to increase the registered capital of its wholly-owned subsidiary by 40 million RMB, raising it to 60 million RMB[14] - As of the reporting period, the actual borrowing balance from Jidong Group is 10,344.21 million RMB out of a total approved borrowing limit of 200 million RMB[14] - The company has not borrowed any funds from Jinyu Financial Company, despite having a credit line of 400 million RMB[14] Exchange Rate Impact - The company experienced a negative impact of -123,781.97 yuan from exchange rate fluctuations on cash and cash equivalents[23] Audit Status - The first quarter report is unaudited[25]