苏州固锝(002079) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥731,452,072.25, a decrease of 8.31% compared to ¥797,731,628.57 in the same period last year[5] - Net profit attributable to shareholders was ¥22,881,675.53, down 61.35% from ¥59,201,880.94 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥18,542,786.97, a decline of 66.66% compared to ¥55,623,809.77 in the previous year[5] - Basic earnings per share decreased by 61.39% to ¥0.0283 from ¥0.0733 in the same period last year[5] - The weighted average return on equity fell to 0.83%, down from 2.44% year-on-year[5] - Total operating revenue for Q1 2023 was ¥731,452,072.25, a decrease of 8.3% compared to ¥797,731,628.57 in Q1 2022[19] - Net profit for Q1 2023 was ¥24,288,427.18, a decline of 59.6% from ¥60,076,790.11 in Q1 2022[20] - Earnings per share (EPS) for Q1 2023 was ¥0.0283, down from ¥0.0733 in the same period last year[20] - The company recorded a total comprehensive income of ¥22,835,005.28, significantly lower than ¥59,046,349.17 in the same quarter last year[20] Cash Flow and Assets - The net cash flow from operating activities improved by 24.45%, reaching -¥62,147,130.20 compared to -¥82,254,640.54 in the same period last year[5] - The company's cash and cash equivalents decreased to RMB 207,531,069.72 from RMB 321,394,158.22, a decline of about 35.4%[16] - Cash flow from operating activities showed a net outflow of ¥62,147,130.20, an improvement from a net outflow of ¥82,254,640.54 in Q1 2022[23] - The net cash flow from financing activities was -20,069,936.50, compared to 62,428,819.98 in the previous year[24] - The cash and cash equivalents at the end of the period decreased to 199,167,309.85 from 461,967,662.42 year-over-year[24] - The net increase in cash and cash equivalents was -98,764,304.34, compared to -195,875,118.81 in the same period last year[24] - The impact of exchange rate changes on cash and cash equivalents was -3,091,979.49, compared to a positive impact of 211,237.69 in the previous year[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,384,258,662.97, a decrease of 0.99% from ¥3,418,267,194.73 at the end of the previous year[5] - Current assets totaled RMB 1,890,339,154.89, down from RMB 1,930,200,484.04 at the beginning of the year, reflecting a decrease of approximately 2.7%[16] - Total liabilities decreased to RMB 599,500,117.17 from RMB 664,262,584.25, a reduction of about 9.8%[17] - The company's short-term borrowings decreased to RMB 89,219,231.87 from RMB 120,981,030.47, a decline of approximately 26.3%[17] - The total equity attributable to shareholders increased to RMB 2,760,767,996.69 from RMB 2,731,303,965.55, reflecting a growth of about 1.1%[17] Market Conditions and Strategy - The company faced reduced demand from domestic and international customers due to a downturn in the semiconductor industry, leading to a decrease in capacity utilization[9] - The company implemented price reductions to maintain market share, which contributed to a decline in gross margin[9] - The company established a joint venture, Jiangsu Gude Electronic Components Co., Ltd., with a registered capital of RMB 100 million, in which the company holds a 90% stake[14] - The subsidiary Suzhou Jingyin New Materials Technology Co., Ltd. upgraded its PERC and HJT slurry products, enhancing competitiveness and completing testing for nearly ten customers[13] - The company is focusing on the development of "small signal power devices" as part of its semiconductor strategy to expand product lines and create new profit growth points[14] Research and Development - Research and development expenses increased to ¥27,519,394.69, up from ¥25,160,318.66 in Q1 2022, indicating a focus on innovation[19] - The company incurred share-based payment expenses of ¥7,920,000 due to the employee stock ownership plan and stock option plan implemented in 2022[9]