法尔胜(000890) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥128,427,298.21, a decrease of 31.46% compared to ¥187,386,680.66 in the same period last year[3] - The net loss attributable to shareholders was ¥12,365,102.65, showing a slight improvement of 5.53% from a loss of ¥13,088,647.11 in the previous year[3] - The net loss for the current period was ¥11,985,693.19, compared to a net loss of ¥7,553,561.26 in the previous period, indicating a worsening of 58.5%[15] - Operating profit (loss) for the current period was -¥12,265,246.90, compared to -¥5,174,102.43 in the previous period[14] Cash Flow - The net cash flow from operating activities increased significantly by 222.94%, reaching ¥57,962,488.22, compared to a negative cash flow of ¥47,146,756.88 in the same period last year[3] - Cash flow from operating activities generated a net inflow of ¥57,962,488.22, a significant improvement from a net outflow of -¥47,146,756.88 in the previous period[17] - The company received cash inflow from operating activities totaling ¥224,358,097.71, up from ¥191,245,754.03 in the previous period[17] - The company reported a total cash outflow from financing activities of ¥460,207,456.22, compared to ¥374,728,854.45 in the previous period[19] Assets and Liabilities - Total assets decreased by 12.73% to ¥1,741,819,948.75 from ¥1,995,858,542.59 at the end of the previous year[3] - The company's total liabilities decreased to CNY 1,541,856,725.52 from CNY 1,627,143,959.92, indicating a reduction in financial obligations[12] - Current assets totaled CNY 714,646,642.57, down from CNY 796,561,306.59 at the beginning of the year, reflecting a decline of approximately 10.3%[10] - The company's total equity decreased to CNY 199,963,223.23 from CNY 211,948,916.42, reflecting a decline of about 5.7%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 49,472, with the largest shareholder holding 26.91% of the shares[7] - The equity attributable to shareholders dropped by 62.26%, amounting to ¥13,667,723.12 compared to ¥36,215,809.71 at the end of the previous year[3] Operating Costs and Expenses - The company experienced a 30.48% reduction in operating costs, which amounted to ¥112,891,342.01, down from ¥162,395,412.74 in the same period last year[6] - Total operating costs decreased to ¥142,233,185.01 from ¥192,956,297.76, reflecting a reduction of 26.3%[14] - Research and development expenses increased to ¥3,317,694.72 from ¥1,917,193.60, representing a growth of 73.2%[14] Cash and Cash Equivalents - Cash and cash equivalents decreased significantly from CNY 187,952,596.61 to CNY 83,320,286.98, a drop of about 55.7%[10] - Cash and cash equivalents at the end of the period decreased to ¥12,909,830.72 from ¥57,598,180.78, a decline of 77.6%[19] Other Income and Litigation - The company reported a significant increase in other income, which rose by 100.52% to ¥1,067,431.45 due to increased government subsidies[6] - The company has ongoing litigation regarding the refund of CNY 23,104,061.06 related to leachate treatment fees, which may impact future cash flows[9] Accounts Receivable and Inventory - Accounts receivable increased to CNY 332,613,576.84 from CNY 323,118,769.54, showing a growth of approximately 2.5%[10] - The inventory decreased slightly from CNY 72,169,911.53 to CNY 71,409,951.09, indicating a reduction of about 1.1%[10] Return on Equity - The weighted average return on equity was -62.29%, compared to -30.61% in the previous year, indicating a decline in profitability[3]