纳思达(002180) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 6,519,297,135.27, an increase of 11.75% compared to CNY 5,834,038,649.42 in the same period last year[4] - Net profit attributable to shareholders decreased by 52.01% to CNY 211,591,241.71 from CNY 440,934,252.40 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 203,401,160.08, down 48.56% from CNY 395,388,784.17 in the previous year[4] - The company's net profit attributable to shareholders for Q1 2023 is not explicitly stated but can be inferred from the increase in retained earnings to CNY 5,326,060,184.49 from CNY 5,114,468,942.78, indicating growth[21] - The net profit for Q1 2023 was approximately ¥218.97 million, a decrease of 57.0% compared to ¥508.72 million in Q1 2022[22] - The company reported a total comprehensive income of ¥211.86 million, a decrease of 53.5% compared to ¥455.48 million in the previous year[23] - Basic earnings per share for Q1 2023 were ¥0.1494, down from ¥0.3125 in Q1 2022, reflecting a decline of 52.3%[23] Revenue and Sales - The total operating revenue for Q1 2023 was CNY 6,519,297,135.27, an increase of 11.7% compared to CNY 5,834,038,649.42 in the same period last year[21] - The revenue from the Pantum printer business reached CNY 1.287 billion, a year-on-year increase of approximately 30%[9] - Lexmark's own brand printer sales increased by approximately 40% year-on-year, but overall printer sales decreased by 16.89%, with revenue at $530 million, down 6.81% year-on-year[10] - The company's general consumables business revenue was 1.511 billion yuan, up 3.12% year-on-year, but net profit decreased by 44.52% due to the impact of the RMB exchange rate[12] - The total revenue from sales of goods and services reached ¥6.16 billion, an increase from ¥5.62 billion in the same period last year, representing a growth of 9.5%[25] Costs and Expenses - The total operating costs for Q1 2023 were CNY 6,080,727,242.03, up from CNY 5,191,496,039.36, reflecting a year-over-year increase of 17.2%[21] - The company reported a significant increase in financial expenses by 203.50% to CNY 331,115,802.61, primarily due to exchange losses and increased interest expenses from subsidiaries[7] - The company incurred financial expenses of ¥331.12 million, significantly higher than ¥109.10 million in Q1 2022, indicating an increase of 203.4%[22] - The tax expenses for the quarter were ¥220.85 million, compared to ¥114.37 million in the previous year, marking an increase of 93.0%[22] Cash Flow and Liquidity - Cash flow from operating activities improved by 8.54%, with a net outflow of CNY 260,709,662.81 compared to CNY 285,051,795.48 in the same period last year[4] - The net cash flow from operating activities was negative at approximately -¥260.71 million, an improvement from -¥285.05 million in the same quarter last year[25] - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 8,178,457,597.27, compared to CNY 7,855,140,624.35 at the beginning of the year, showing an increase of 4.1%[20] - The cash and cash equivalents at the end of the period were 7,166,269,948.05 CNY, compared to 8,848,276,282.44 CNY at the end of the previous year[26] - The cash inflow from investment activities totaled 164,947,618.66 CNY, a decrease from 756,942,028.28 CNY year-over-year[26] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 45,625,706,128.50, a decrease of 0.88% from CNY 46,028,639,914.53 at the end of the previous year[4] - The total liabilities decreased to CNY 26,761,176,736.31 from CNY 27,281,550,472.53, indicating a reduction of 1.9%[21] - The company's long-term borrowings increased to CNY 9,127,652,591.50 from CNY 8,464,139,711.01, representing an increase of 7.8%[21] - Inventory at the end of Q1 2023 was CNY 5,450,785,254.47, down from CNY 5,912,420,342.79, reflecting a decrease of 7.8%[20] - The company reported a decrease in accounts payable to CNY 3,545,714,268.98 from CNY 4,532,025,767.93, a reduction of 21.8%[21] Research and Development - R&D expenses for Pantum increased by 13.79% to CNY 86,626,600, with plans for mass production of A3 monochrome and color copiers within the year[9] - The company increased R&D investment by 29% year-on-year to enhance core competitiveness and enrich its product line[11] - Research and development expenses increased to ¥415.86 million, up 13.7% from ¥365.70 million in Q1 2022[22] Strategic Initiatives - The company plans to launch more competitive new products, including the self-developed A3 black and white and color copiers, which will be mass-produced this year[13] - Jihai Micro will continue to leverage its core technology to launch more mid-to-high-end domestic chips in various fields, including industrial-grade/automotive-grade MCUs and high-performance analog and mixed-signal chips[13] - The company approved the plan for the spin-off listing of its subsidiary Jihai Microelectronics on January 3, 2023[16] Shareholder Information - The total number of common shareholders at the end of the reporting period was 24,125, with Zhuhai Saina Technology Co., Ltd. holding 28.96% of shares[14] Miscellaneous - The fluctuation of the RMB against the USD had a significant negative impact on the company's overall net profit attributable to shareholders in Q1 2023[13] - The impact of exchange rate changes on cash and cash equivalents was -36,103,795.06 CNY, compared to -4,186,555.43 CNY in the previous year[26] - The company did not undergo an audit for the first quarter report[27] - The report was signed by the legal representative, Wang Dongying, on April 29, 2023[28]