新乡化纤(000949) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥1,839,880,227.54, a decrease of 14.73% compared to ¥2,157,676,551.57 in the same period last year[5] - Net profit attributable to shareholders was ¥17,431,583.24, down 57.42% from ¥40,934,632.79 year-on-year[5] - Basic earnings per share decreased by 56.27% to ¥0.0122 from ¥0.0279 in the same period last year[5] - Total profit for the period was ¥2,501.78, down 55.38% from ¥5,606.72 in the previous year[10] - Net profit for Q1 2023 was ¥17,431,583.24, a decline of 57.4% from ¥40,902,401.60 in Q1 2022[20] - The company reported a total comprehensive income of ¥17,431,583.24 for Q1 2023, down from ¥40,902,401.60 in the same quarter last year[20] Cash Flow - The net cash flow from operating activities was ¥12,590,698.53, reflecting a significant decline of 90.17% compared to ¥128,107,006.71 in the previous year[5] - The net cash flow from operating activities for Q1 2023 was CNY 12,590,698.53, a decrease from CNY 128,107,006.71 in Q1 2022[23] - Total cash inflow from investment activities was CNY 20,310,761.60, significantly lower than CNY 804,967,392.54 in the previous year[23] - The net cash flow from financing activities was CNY 367,968,988.85, slightly down from CNY 370,132,756.02 in Q1 2022[24] - The total cash and cash equivalents at the end of Q1 2023 amounted to CNY 1,457,867,260.06, compared to CNY 2,084,062,086.46 at the end of Q1 2022[24] - The company received CNY 883,000,000.00 in cash from borrowings during the financing activities[23] - The cash outflow for investing activities totaled CNY 108,253,070.20, compared to CNY 665,366,161.00 in Q1 2022[23] - The company reported a cash inflow of CNY 20,000,000.00 from investment recoveries, down from CNY 800,000,000.00 in the previous year[23] - The impact of exchange rate changes on cash and cash equivalents was a decrease of CNY 7,820,732.43, compared to a decrease of CNY 3,698,499.17 in the previous year[24] Assets and Liabilities - Total assets increased by 3.29% to ¥11,553,267,164.26 from ¥11,185,533,690.92 at the end of the previous year[5] - Total liabilities as of Q1 2023 amounted to ¥6,046,594,972.29, an increase from ¥5,675,295,503.09 in Q1 2022[17] - Non-current liabilities totaled ¥3,013,044,377.07 in Q1 2023, up from ¥2,625,747,924.70 in the same period last year[17] - Current liabilities decreased slightly to ¥3,033,550,595.22 from ¥3,049,547,578.39 in Q1 2022[17] - The company experienced a 10.22% increase in accounts receivable, rising to ¥104,227.96 from ¥94,560.44[10] - Accounts receivable increased to CNY 1,042,279,563.45 from CNY 945,604,368.23, representing a rise of about 10.2%[16] - Inventory levels rose to CNY 1,221,005,055.11, compared to CNY 1,158,532,221.84 at the beginning of the year, indicating an increase of approximately 5.4%[16] - The total current assets amounted to CNY 4,048,558,086.76, up from CNY 3,672,272,483.48, marking a growth of around 10.2%[16] - Non-current assets totaled CNY 7,504,709,077.50, slightly down from CNY 7,513,261,207.44, showing a decrease of about 0.1%[16] Research and Development - The company reported a decrease in R&D expenses by 73.36% to ¥1,978.60 from ¥7,427.54 year-on-year[10] - Research and development expenses for Q1 2023 were ¥19,786,009.50, significantly lower than ¥74,275,414.83 in Q1 2022, indicating a reduction in R&D investment[19] Shareholder Information - The company held 43,430,000 shares in a repurchase account, accounting for 2.96% of the total share capital as of March 31, 2023[13] - The top ten shareholders include Xinxiang Bailu Investment Group Co., Ltd. with a 30.17% stake, holding 442,507,079 shares[13]