宁波东力(002164) - 2023 Q1 - 季度财报

Financial Performance - Revenue for Q1 2023 was CNY 330,417,447.12, a decrease of 7.17% compared to CNY 355,933,405.42 in the same period last year[4] - Net profit attributable to shareholders decreased by 76.70% to CNY 8,943,952.15 from CNY 38,382,710.05 year-on-year[4] - Net profit excluding non-recurring gains and losses dropped by 96.03% to CNY 1,058,483.52 from CNY 26,673,807.81 year-on-year[4] - Basic and diluted earnings per share decreased by 71.43% to CNY 0.02 from CNY 0.07 year-on-year[4] - The total comprehensive income for the first quarter was CNY 8,956,957.50, a decrease from CNY 38,390,108.35 in the previous year[21] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 2,271,089,101.99, a decrease of 1.68% from CNY 2,309,938,635.00 at the end of the previous year[4] - Total liabilities decreased to CNY 971,942,708.77, down 4.7% from CNY 1,019,749,199.28 in the previous year[17] - Shareholders' equity attributable to shareholders increased by 0.69% to CNY 1,296,493,645.24 from CNY 1,287,549,693.09 at the end of the previous year[4] - The company's total assets decreased to CNY 2,271,089,101.99 from CNY 2,309,938,635.00, reflecting a decline of 1.7%[17] Cash Flow - The net cash flow from operating activities improved by 4.10% to -CNY 85,260,291.55 from -CNY 88,907,984.71 year-on-year[4] - Cash inflow from operating activities totaled CNY 126,003,377.78, down from CNY 164,472,317.56 year-over-year[22] - Cash outflow from operating activities was CNY 211,263,669.33, a decrease from CNY 253,380,302.27 in the previous year[24] - The net cash flow from investing activities was CNY -10,855,345.80, compared to CNY -178,052,345.78 in the same period last year[24] - Cash inflow from financing activities was CNY 50,000,000.00, down from CNY 187,500,000.00 in the previous year[24] - The net cash flow from financing activities was CNY 5,447,302.68, an improvement from CNY -5,505,079.54 in the previous year[24] - The ending cash and cash equivalents balance was CNY 78,214,547.88, down from CNY 157,580,941.83 year-over-year[24] Expenses and Costs - Total operating costs increased to CNY 323,250,172.96, up 1.0% from CNY 318,253,029.77 in the previous year[18] - Research and development expenses rose to CNY 17,245,217.73, an increase of 4.0% from CNY 16,582,413.26 in the same period last year[20] - The company reported a significant increase in tax expenses, which rose to CNY 5,983,236.46 from CNY 2,667,996.74, marking a 124.0% increase[18] Other Factors - The decline in net profit was primarily due to reduced demand, intensified market competition, and a decrease in revenue and gross margin[8] - Government subsidies recognized in the current period amounted to CNY 9,221,651.21, contributing to the non-recurring gains[6] - The company's retained earnings showed a slight improvement, with a loss of CNY 361,909,036.05 compared to a loss of CNY 370,852,988.20 in the previous year[17] - The company's long-term equity investments slightly increased to CNY 49,754,587.48 from CNY 49,180,481.63, reflecting a growth of 1.2%[16] - The company did not report any net profit from the merged entity prior to the merger[21]