中材科技(002080) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥4,255,054,095.29, a decrease of 8.72% compared to ¥4,661,747,339.62 in the same period last year[3] - Net profit attributable to shareholders was ¥418,512,390.10, down 43.01% from ¥734,358,632.94 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥369,545,916.86, a decline of 38.57% compared to ¥601,572,537.31 in the previous year[3] - Basic earnings per share decreased to ¥0.2494, down 43.01% from ¥0.4376 year-on-year[3] - The company reported a net profit margin of approximately 12.92% for Q1 2023, down from 14.00% in Q1 2022[11] - The net profit for Q1 2023 was CNY 519,454,236.15, a decrease of 33.2% compared to CNY 777,387,877.82 in Q1 2022[13] - The company’s operating profit for Q1 2023 was CNY 581,811,536.88, a decline from CNY 903,127,444.62 in the previous year[13] - The company’s total profit for Q1 2023 was CNY 632,169,825.49, down from CNY 921,134,280.25 in Q1 2022[13] Cash Flow and Assets - The net cash flow from operating activities was -¥1,129,122,815.39, an improvement of 21.49% from -¥1,438,111,910.54 in the same period last year[3] - The company's cash and cash equivalents decreased to CNY 3,334,381,886.59 from CNY 5,783,317,664.24 at the beginning of the year, representing a decline of 42.41%[8] - The cash flow from operating activities netted CNY 4,399,892,263.64, slightly up from CNY 4,353,044,264.37 in the same period last year[15] - The cash and cash equivalents at the end of Q1 2023 stood at CNY 3,194,972,941.43, an increase from CNY 3,023,685,040.85 at the end of Q1 2022[16] Costs and Expenses - Total operating costs for Q1 2023 were CNY 3,704,138,774.84, down 5.00% from CNY 3,899,634,420.03 in Q1 2022[11] - Research and development expenses increased to CNY 229,781,821.03, up 9.66% from CNY 209,746,667.59 in the previous year[11] Balance Sheet - Total assets at the end of the reporting period were ¥46,750,864,175.15, a slight decrease of 0.29% from ¥46,888,555,756.70 at the end of the previous year[3] - Shareholders' equity attributable to shareholders increased by 2.43% to ¥17,694,644,577.87 from ¥17,274,207,905.54 at the end of the previous year[3] - Total liabilities decreased to CNY 23,684,259,171.75 from CNY 24,343,378,153.71, reflecting a reduction of 2.71%[10] Market and Future Outlook - The decline in net profit was attributed to a decrease in product prices in the fiberglass business compared to the previous year[5] - The company plans to expand its market presence and invest in new technologies to drive future growth[11] Non-Recurring Items - The company reported non-recurring gains of ¥48,966,473.24 for the period, primarily from government subsidies and other income[4] - The company experienced a decrease in investment income, reporting a loss of CNY 2,501,524.26 from joint ventures and associates[13]