冠福股份(002102) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥2,963,154,995.55, representing a 5.36% increase compared to ¥2,812,483,534.53 in the same period last year[3] - Net profit attributable to shareholders decreased by 25.88% to ¥85,422,238.32 from ¥115,251,288.22 year-on-year[3] - The company's basic earnings per share decreased by 26.03% to ¥0.0324 from ¥0.0438 in the same period last year[3] - Net profit for Q1 2023 was CNY 96,212,381.99, a decrease of 22.19% from CNY 123,685,307.11 in Q1 2022[24] - The company reported a total comprehensive income of CNY 96,261,845.23 for Q1 2023, compared to CNY 123,694,792.98 in Q1 2022, a decrease of 22.2%[24] Cash Flow - The net cash flow from operating activities was negative at -¥130,883,275.59, a decline of 534.36% compared to a positive cash flow of ¥30,132,613.90 in the previous year[3] - The company's net cash flow from operating activities for Q1 2023 was negative CNY 130,883,275.59, compared to a positive CNY 30,132,613.90 in Q1 2022[27] - The net cash flow from investment activities was -28,838,074.52, indicating a significant outflow of funds for investments[28] - The net cash flow from financing activities was 200,141,272.04, showing a positive cash position after financing outflows[28] - The company experienced a net increase in cash and cash equivalents of 40,367,423.40 during the quarter[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,779,263,773.54, down 4.05% from ¥9,149,758,633.36 at the end of the previous year[4] - The company's current liabilities totaled CNY 3,509,561,814.51, down from CNY 3,927,623,037.74 at the beginning of the year, indicating a reduction of approximately 10.6%[19] - The total liabilities decreased to CNY 4,667,740,579.77 in Q1 2023 from CNY 5,134,707,070.64 in Q1 2022, a reduction of 9.1%[20] - The total equity attributable to shareholders of the parent company increased to CNY 3,948,829,808.65 in Q1 2023 from CNY 3,863,148,321.27 in Q1 2022, reflecting a growth of 2.22%[20] Investments and Expenses - The company reported a 220.04% increase in financial expenses, primarily due to increased interest expenses on bank loans[9] - Research and development expenses increased to CNY 17,312,352.76 in Q1 2023, compared to CNY 15,111,897.05 in Q1 2022, marking a growth of 14.6%[23] - The company reported a total cash outflow from investment activities of 28,842,274.52, reflecting ongoing investments in fixed and intangible assets[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,879[10] - The company has resolved all litigation cases related to the previous controlling shareholder's violations, and has applied to the Shenzhen Stock Exchange to lift the risk warning[15] - The company is actively working on measures to remove the risk warning and has been providing monthly updates on the progress[14] Other Financial Metrics - The weighted average return on equity fell to 2.19%, down 1.13% from 3.32% in the previous year[3] - The company experienced a 90.89% increase in construction in progress, indicating investment in new projects[9] - Contract liabilities increased by 44.81%, attributed to the rise in signed but unfulfilled contracts[9] - The cash and cash equivalents decreased to CNY 986,608,757.41 from CNY 1,001,472,432.92, reflecting a decline of about 1.5%[17] - Accounts receivable increased to CNY 480,107,322.36 from CNY 461,821,484.56, showing a growth of approximately 3.9%[17] - Inventory rose to CNY 1,694,778,018.79 from CNY 1,661,796,143.92, representing an increase of about 2%[18] - Short-term borrowings decreased significantly to CNY 552,557,209.13 from CNY 719,330,901.69, a reduction of approximately 23.2%[19] - The company reported a total of CNY 1,184,450,905.83 in fixed assets, slightly down from CNY 1,214,012,701.83 at the beginning of the year[18] - The long-term equity investments increased to CNY 589,542,972.24 from CNY 557,618,425.56, indicating a growth of approximately 5.7%[18] Audit and Reporting - The first quarter report was not audited, indicating that the figures presented are preliminary[29]