四川双马(000935) - 2023 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2023 was ¥233,308,212.68, a decrease of 17.63% compared to ¥283,244,011.97 in the same period last year[19] - Net profit attributable to shareholders for Q1 2023 was ¥211,972,548.35, down 20.26% from ¥265,833,051.05 year-on-year[19] - The total comprehensive income for the first quarter was ¥212,811,577.78, compared to ¥266,158,773.57 in the same period last year[44] - Basic and diluted earnings per share both decreased by 20.00% to ¥0.28 from ¥0.35 year-on-year[19] - Net profit decreased from ¥265,161,856.18 to ¥212,248,358.75, a decline of about 20%[58] - The total profit before tax decreased from ¥314,501,080.68 to ¥245,253,467.84, a decline of about 22%[58] Cash Flow - The net cash flow from operating activities was negative at -¥22,743,461.52, compared to a positive ¥40,565,030.67 in the same period last year[19] - The company's cash flow from operating activities was negative at ¥22,743,461.52, compared to a positive cash flow of ¥40,565,030.67 in the previous year[35] - Cash and cash equivalents at the end of the period increased to ¥709,515,756.18 from ¥558,320,381.77, marking a rise of approximately 27%[61] - Investment activities generated a net cash inflow of ¥178,451,080.91, contrasting with a net outflow of -¥111,499,770.06 in the previous period[61] Assets and Liabilities - The company's total assets increased by 2.30% to ¥7,376,373,305.42 from ¥7,210,714,025.00 at the end of the previous year[19] - Total current assets increased to ¥979,775,415.25 from ¥844,778,037.40, reflecting a growth of 15.94%[56] - Total liabilities decreased to ¥646,887,884.48 from ¥694,040,181.84, a reduction of 6.77%[57] - Total equity attributable to shareholders increased to ¥6,708,932,553.33 from ¥6,496,396,785.95, a growth of 3.27%[57] Expenses - Research and development expenses rose sharply by 1120.41% to ¥2,924,232.56, primarily due to increased investment by the company's subsidiaries[3] - Sales expenses decreased by 43.20% to ¥2,313,805.41 from ¥4,073,532.80 due to reduced sales expenses by subsidiaries[51] - Total operating costs decreased from ¥204,159,261.73 to ¥187,894,024.81, a reduction of approximately 7.4%[58] - The company’s financial expenses showed a slight increase in interest expenses from ¥2,566,555.16 to ¥2,894,906.62, an increase of approximately 12.8%[58] Receivables and Payables - Accounts receivable increased by 167.59% year-on-year, reaching ¥49,220,410.38, primarily due to increased short-term credit sales to strategic customers[33] - The company reported a significant decrease in other receivables, down 74.17% to ¥6,303,760.52, mainly due to the collection of equity payments from disposed investments[33] - The company’s accounts payable decreased by 43.24% to ¥70,498,320.69, primarily due to payments made on prior payables[33] - Accounts receivable increased significantly to ¥49,220,410.38 from ¥18,393,779.90, a rise of 167.06%[56] Other Financial Metrics - The weighted average return on net assets decreased by 1.20 percentage points to 3.21% from 4.41% year-on-year[19] - The company received government subsidies amounting to ¥5,494,168.48, mainly from VAT refunds and government support funds for resource utilization[19] - The company reported a significant increase in other income, rising from ¥4,215,815.09 to ¥6,077,310.95, an increase of about 44.2%[58] - The company’s construction in progress increased by 67.16% to ¥7,474,978.78, attributed to increased investment in environmental projects[33] - Non-current assets totaled ¥6,396,597,890.17, slightly up from ¥6,365,935,987.60, an increase of 0.48%[56]