盛新锂能(002240) - 2023 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2023 reached ¥2,783,811,335.88, a 65.02% increase compared to ¥1,686,909,236.10 in the same period last year[3] - Net profit attributable to shareholders was ¥463,588,054.44, representing a 56.67% decrease from ¥1,069,812,904.28 year-over-year[3] - Basic earnings per share decreased to ¥0.51, down 58.87% from ¥1.24 in the previous year[3] - Net profit for Q1 2023 was ¥525,089,605.13, a decrease of 57.6% from ¥1,239,627,359.06 in Q1 2022, indicating challenges in maintaining profitability[14] - The net profit for Q1 2023 was CNY 453,371,456.97, a decrease from CNY 1,062,231,768.13 in the same period last year, representing a decline of approximately 57.4%[15] - The total comprehensive income for Q1 2023 was CNY 433,675,074.93, compared to CNY 1,062,232,039.32 in Q1 2022, indicating a significant decrease[15] Cash Flow and Liquidity - Operating cash flow for the quarter surged to ¥586,869,884.91, a remarkable increase of 922.34% from ¥57,404,310.06 in Q1 2022[3] - The company's cash and cash equivalents as of March 31, 2023, are approximately ¥6.17 billion, down from ¥6.58 billion at the beginning of the year[11] - The company’s cash and cash equivalents decreased to ¥1,120,310,982.85 from ¥345,390,778.40, indicating a liquidity challenge[12] - Cash flow from operating activities generated a net inflow of CNY 586,869,884.91, compared to CNY 57,404,310.06 in Q1 2022, showing a substantial increase[16] - Cash flow from investing activities resulted in a net outflow of CNY 1,090,821,052.08, compared to a net outflow of CNY 864,704,680.64 in the same period last year[16] - Cash flow from financing activities yielded a net inflow of CNY 908,381,889.92, slightly down from CNY 946,831,640.20 in Q1 2022[16] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥19,255,927,865.28, a 4.48% increase from ¥18,430,744,512.83 at the end of the previous year[3] - The total assets of the company as of March 31, 2023, are approximately ¥19.26 billion, compared to ¥18.43 billion at the beginning of the year, marking an increase of about 4.5%[11] - The total liabilities increased to ¥6,395,237,147.33 in Q1 2023, compared to ¥5,432,484,931.48 in the previous year, showing a growth of 17.7%[13] - The company’s total liabilities increased significantly, with other payables rising by 224.36% to ¥1,120,310,982.85 from ¥345,390,778.40[6] Research and Development - The company reported a significant increase in research and development expenses, totaling ¥2,979,355.94, up 122.05% from ¥1,341,777.41 in Q1 2022[7] - Research and development expenses for Q1 2023 were ¥2,979,355.94, significantly higher than ¥1,341,777.41 in Q1 2022, indicating increased investment in innovation[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 161,141, with the top 10 shareholders holding a combined 30.55% of shares[8] - Shenzhen Shengtun Group Co., Ltd. holds 9.76% of shares, amounting to 88,964,505 shares, with 3,629,458 shares pledged[8] Operating Costs and Expenses - The company’s gross profit margin decreased due to a 534.94% rise in operating costs, which reached ¥2,173,724,684.89 compared to ¥342,353,665.54 in Q1 2022[7] - Operating costs for Q1 2023 amounted to ¥2,331,081,133.29, up from ¥414,427,821.46 in Q1 2022, reflecting a substantial rise in production expenses[14] - The company’s financial expenses rose to ¥49,778,996.98 in Q1 2023, compared to ¥6,587,531.45 in Q1 2022, highlighting increased borrowing costs[14] Strategic Focus - The company is focusing on expanding its market presence and developing new technologies, although specific details were not provided in the report[9] - There are no new mergers or acquisitions reported in the current quarter, and the company continues to evaluate strategic options for growth[9]