Revenue and Profit - The company's revenue for Q1 2023 was ¥168,679,116.01, a decrease of 3.68% compared to ¥175,116,874.56 in the same period last year[5] - Net profit attributable to shareholders was ¥16,079,162.04, down 31.99% from ¥23,640,956.41 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 168,679,116.01, a decrease of 3.1% compared to CNY 175,116,874.56 in Q1 2022[18] - Net profit for Q1 2023 was CNY 16,079,162.04, down 32.1% from CNY 23,640,956.41 in Q1 2022[19] - The company reported a total comprehensive income of CNY 16,079,162.04, down from CNY 23,373,675.83 in the previous year[20] Earnings Per Share - Basic earnings per share decreased by 48.28% to ¥0.15, compared to ¥0.29 in the same period last year[5] - Basic and diluted earnings per share decreased to CNY 0.15 from CNY 0.29 year-over-year[20] Cash Flow - The net cash flow from operating activities increased significantly to ¥34,080,439.96, a 2003.66% improvement from -¥1,790,256.25 in the previous year[10] - Cash flow from operating activities generated a net inflow of CNY 34,080,439.96, compared to a net outflow of CNY 1,790,256.25 in the same period last year[20] - The net cash flow from investing activities improved by 67.60% to -¥4,974,996.02, due to reduced cash payments for fixed assets and other long-term assets[10] - The net cash flow from investing activities was -4,974,996.02 CNY, compared to -15,356,595.36 CNY in the previous period, indicating a decrease in cash outflow[21] - The net cash flow from financing activities was -17,773,517.12 CNY, a significant decrease from 17,898,523.91 CNY in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,227,508,984.70, reflecting a 0.83% increase from ¥1,217,387,142.26 at the end of the previous year[5] - The total liabilities decreased to CNY 275,608,737.93 from CNY 281,566,057.53[19] - The company’s total liabilities decreased to ¥275,608,737.93 from ¥281,566,057.53, indicating a reduction of approximately 2.1%[16] - Long-term borrowings decreased to ¥1,850,000.00 from ¥3,700,000.00, a reduction of 50%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,591[12] - The largest shareholder, He Junhua, holds 22.23% of the shares, amounting to 24,000,000 shares, with 2,650,000 shares pledged[12] Financial Expenses and Subsidies - Financial expenses decreased by 81.46% to ¥1,039,827.34, due to a reduction in bank loan scale and corresponding interest expenses[9] - Financial expenses significantly decreased to CNY 1,039,827.34 from CNY 5,607,960.95 in the previous year, primarily due to lower interest expenses[18] - The company received government subsidies amounting to ¥864,237.05, which is a 42.12% increase compared to the previous year[9] Inventory and Accounts Receivable - The company reported a significant increase in accounts receivable by 38.82% to ¥15,118,704.05, attributed to an increase in customer notes received[8] - Accounts receivable decreased to ¥385,737,009.23 from ¥396,548,160.27, a decline of about 2.0%[15] - Inventory decreased to ¥66,312,887.41 from ¥81,066,808.19, a reduction of approximately 18.1%[15] Other Financial Metrics - Research and development expenses were CNY 6,287,356.41, slightly down from CNY 6,731,099.82 in Q1 2022[18] - The company has a total of 595,316,204.22 in non-current assets, which is a slight decrease from 596,932,942.43[16] - The company’s first-quarter report was not audited, indicating that the financial data may be subject to further review[22]
联合精密(001268) - 2023 Q1 - 季度财报