山东威达(002026) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥451,704,057.50, a decrease of 41.15% compared to ¥767,581,485.58 in the same period last year[4] - Net profit attributable to shareholders was ¥16,125,293.84, down 74.89% from ¥64,216,897.12 year-on-year[4] - The company's basic and diluted earnings per share decreased by 73.33%, from ¥0.15 to ¥0.04[4] - Total operating revenue for Q1 2023 was CNY 451.70 million, a decrease of 41.1% compared to CNY 767.58 million in Q1 2022[24] - Net profit for Q1 2023 was CNY 14.72 million, a decline of 78.6% from CNY 68.97 million in Q1 2022[25] - The company’s total comprehensive income for Q1 2023 was CNY 14.51 million, compared to CNY 69.11 million in Q1 2022, a decline of approximately 79.0%[26] Cash Flow - The net cash flow from operating activities improved by 128.41%, reaching ¥62,165,655.76, compared to a negative cash flow of ¥218,814,632.77 in the previous year[4] - Operating cash flow for Q1 2023 was RMB 62,165,655.76, a significant increase of 128.41% compared to Q1 2022, primarily due to the recovery of delayed payments from a subsidiary[12] - Cash received from investment activities increased by 656.99% to RMB 185,929,666.30, driven by the redemption of financial products exceeding the purchase amount[12] - The company reported a net cash flow from investment activities of CNY 185.93 million, compared to CNY 24.56 million in Q1 2022, marking a year-over-year increase of about 657.5%[28] - Total cash outflow from operating activities was CNY 512.54 million, a decrease from CNY 936.87 million in Q1 2022, reflecting a reduction of approximately 45.3%[28] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥5,018,819,595.22, a slight decrease of 0.60% from ¥5,049,046,888.09 at the end of the previous year[4] - The company's total assets decreased to CNY 5.02 billion in Q1 2023 from CNY 5.05 billion in Q1 2022[22] - Total liabilities decreased to CNY 1.68 billion in Q1 2023 from CNY 1.74 billion in Q1 2022[22] - The company reported a decrease in accounts receivable to CNY 407.68 million from CNY 451.67 million, a reduction of 9.7%[21] Expenses - The company reported a significant increase in sales expenses by 29.99%, totaling ¥7,558,878.75, attributed to higher exhibition costs and increased after-sales service expenses[11] - Financial expenses surged by 3821.25% to ¥12,779,521.41, primarily due to fluctuations in the exchange rate between the RMB and USD[11] - Operating costs for Q1 2023 were CNY 450.48 million, down 35.0% from CNY 692.85 million in the same period last year[24] - Research and development expenses for Q1 2023 were CNY 34.94 million, a slight increase from CNY 34.22 million in Q1 2022[25] Government Support - The company received government subsidies amounting to ¥2,300,204.52, an increase of 47.85% compared to ¥1,555,809.53 in the previous year[11] Shareholder Returns - The company’s dividend payments surged by 501.31% to RMB 14,332,540.01, mainly due to dividend payments to minority shareholders[12] Other Financial Metrics - The company’s equity attributable to shareholders rose to CNY 3.31 billion from CNY 3.27 billion, an increase of 1.7% year-over-year[22] - Current assets totaled CNY 3.71 billion, slightly down from CNY 3.76 billion year-over-year[21] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 1.23 billion, an increase from CNY 1.10 billion at the end of Q1 2022[28] - Total cash and cash equivalents increased by 189.96% to RMB 177,628,245.94, mainly due to improved operating cash flow and net redemptions of financial products[12] Audit Status - The report for Q1 2023 was not audited, indicating that the figures presented are preliminary and subject to change[29]