Revenue and Profit - Revenue for Q1 2023 reached ¥817,656,964.12, an increase of 16.07% compared to ¥704,454,773.08 in the same period last year[3] - Net profit attributable to shareholders decreased by 36.38% to ¥18,531,444.53 from ¥29,126,046.09 year-on-year[3] - Net profit after deducting non-recurring gains and losses fell by 44.98% to ¥13,656,882.20 compared to ¥24,823,187.15 in the previous year[3] - Basic and diluted earnings per share decreased by 40.00% to ¥0.03 from ¥0.05 in the same period last year[3] - Total operating revenue for Q1 2023 reached CNY 817,656,964.12, an increase of 16.06% compared to CNY 704,454,773.08 in Q1 2022[14] - Net profit for Q1 2023 was CNY 18,531,444.53, a decrease of 36.25% from CNY 29,126,046.09 in Q1 2022[15] - The company reported an operating profit of CNY 20,253,688.71, a decline of 40.06% from CNY 33,785,160.14 in Q1 2022[14] Assets and Liabilities - Total assets increased by 5.65% to ¥3,773,350,656.77 from ¥3,571,453,076.35 at the end of the previous year[3] - Total liabilities increased to CNY 2,273,129,837.87, compared to CNY 2,089,548,625.60 in the previous year, marking an increase of 8.77%[13] - The total equity attributable to shareholders of the parent company was CNY 1,500,220,818.90, up from CNY 1,481,904,450.75, indicating a growth of 1.60%[13] Cash Flow - Operating cash flow improved by 41.68%, with a net cash flow from operating activities of -¥234,386,613.54, up from -¥401,869,233.96[3] - The net cash flow from operating activities for the current period is -234,386,613.54 yuan, an improvement from -401,869,233.96 yuan in the previous period[17] - Total cash inflow from operating activities is 497,931,913.94 yuan, compared to 356,177,881.67 yuan in the previous period, indicating a 39.8% increase[17] - Cash outflow from operating activities totaled 732,318,527.48 yuan, slightly down from 758,047,115.63 yuan in the previous period[17] - The net cash flow from investing activities is -30,899,686.27 yuan, a significant decrease from 188,135,561.93 yuan in the previous period[17] - Cash inflow from financing activities is 480,000,000.00 yuan, up from 240,000,000.00 yuan in the previous period, representing a 100% increase[17] - The net cash flow from financing activities is 224,527,956.93 yuan, compared to 94,775,103.96 yuan in the previous period, showing a 136.5% increase[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 51,795[7] - Shareholders' equity attributable to shareholders rose by 1.24% to ¥1,500,220,818.90 from ¥1,481,904,450.75 at the end of the previous year[3] Non-Recurring Gains and Losses - Non-recurring gains and losses totaled ¥4,874,562.33, primarily from government subsidies and investment income[4] Market and Product Development - The company reported a significant change in product sales structure, impacting net profit negatively[6] - The company is focusing on expanding its market presence and enhancing product development strategies, although specific figures were not disclosed in the report[10] - The report indicates that the company is actively exploring mergers and acquisitions to strengthen its market position, but detailed financial implications were not provided[10] - The company has not disclosed any new product launches or technological advancements in this quarter's report[10] Current Assets and Inventory - As of March 31, 2023, the total current assets amounted to CNY 2,841,025,617.04, an increase from CNY 2,667,444,856.66 at the beginning of the year, reflecting a growth of approximately 6.5%[11] - The cash and cash equivalents decreased to CNY 459,660,773.67 from CNY 477,720,369.00, indicating a decline of about 3.2%[11] - Accounts receivable increased significantly to CNY 1,093,394,324.53 from CNY 861,411,110.99, representing a growth of approximately 27%[11] - The inventory decreased to CNY 392,315,860.29 from CNY 415,952,421.60, showing a reduction of about 5.7%[11] - The total non-current assets were reported at CNY 392,625,302.13, down from CNY 392,706,093.01, indicating a slight decrease of approximately 0.2%[11] - The company reported a significant increase in prepayments, rising to CNY 10,890,027.78 from CNY 2,970,172.32, which is an increase of approximately 267%[11] - The long-term equity investments rose to CNY 21,282,519.61 from CNY 20,350,350.00, reflecting an increase of about 4.6%[11] Research and Development - Research and development expenses increased to CNY 25,749,409.35, representing a rise of 23.06% compared to CNY 20,839,707.12 in the previous year[14]
华菱线缆(001208) - 2023 Q1 - 季度财报