巨力索具(002342) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥473,527,619.73, a decrease of 7.63% compared to ¥512,637,860.52 in the same period last year[6] - The net profit attributable to shareholders for Q1 2023 was ¥2,035,754.65, down 57.45% from ¥4,784,327.39 in the previous year[6] - Total operating revenue for Q1 2023 was ¥473,527,619.73, a decrease of 7.63% from ¥512,637,860.52 in Q1 2022[19] - Net profit for Q1 2023 was ¥2,035,754.65, a decline of 57.55% compared to ¥4,784,327.39 in Q1 2022[20] - The company reported a total comprehensive income of ¥1,845,610.36 for Q1 2023, down from ¥5,035,897.24 in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥145,009,801.69, a decline of 58.50% compared to -¥91,488,920.08 in Q1 2022[6] - Operating cash flow for Q1 2023 showed a net outflow of ¥145,009,801.69, worsening from a net outflow of ¥91,488,920.08 in the same period last year[22] - Cash and cash equivalents at the end of Q1 2023 increased to ¥368,500,896.93 from ¥228,372,538.74 at the end of Q1 2022, marking a growth of 61.4%[23] Assets and Liabilities - The total assets at the end of Q1 2023 increased by 5.40% to ¥4,720,914,650.14 from ¥4,479,111,238.40 at the end of the previous year[6] - The company's total liabilities reached CNY 2,233,259,950.60, up from CNY 1,993,302,149.22 at the start of the year[17] - Current assets totaled CNY 2,879,824,719.42, compared to CNY 2,754,534,871.01 at the beginning of the year, indicating a growth of approximately 4.55%[15] - The company's cash and cash equivalents were CNY 480,083,431.54, slightly down from CNY 481,536,064.72 at the beginning of the year[15] - Accounts receivable stood at CNY 1,092,393,223.68, showing a minor decrease from CNY 1,095,920,676.13[15] - Short-term borrowings increased to CNY 714,929,070.00 from CNY 574,894,860.00, reflecting a rise of approximately 24.4%[17] - The company's inventory was valued at CNY 724,064,441.22, up from CNY 662,859,095.52, representing an increase of about 9.25%[15] - The total equity attributable to the owners of the parent company was CNY 2,487,654,699.54, slightly up from CNY 2,485,809,089.18[17] Expenses - Total operating costs for Q1 2023 were ¥473,098,356.96, down from ¥505,334,520.35 in the previous year, reflecting a reduction of 6.35%[19] - Sales expenses increased to ¥41,263,781.75 in Q1 2023, up 28.93% from ¥32,008,716.58 in Q1 2022[19] - Research and development expenses rose to ¥856,591.54, an increase of 17.26% compared to ¥730,460.75 in the previous year[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 85,197, with the largest shareholder holding 20.03% of the shares[10] - The company’s diluted earnings per share for Q1 2023 was ¥0.0021, a decrease of 58.00% from ¥0.0050 in the same period last year[6] - Basic and diluted earnings per share for Q1 2023 were both ¥0.0021, down from ¥0.0050 in Q1 2022[20] Government Support and Financing - The company received government subsidies amounting to ¥4,304,637.45, contributing to a 198.93% increase in other income compared to the previous year[9] - The cash flow from financing activities increased by 291.54% to ¥254,152,102.08, primarily due to increased borrowings during the reporting period[9] Investments and Projects - The construction in progress rose by 71.23% to ¥324,911,085.86, primarily due to investments in the project for producing 100,000 tons of steel wire and 50,000 tons of steel wire rope[9] - The company has ongoing investments in construction projects, with capitalized costs increasing from CNY 189,749,504.74 to CNY 324,911,085.86[15] Foreign Exchange Impact - The company incurred a foreign exchange loss of ¥190,119.14 in Q1 2023, compared to a gain of ¥251,569.85 in the same period last year[23] Receivables and Payables - The company reported a significant increase of 1292.17% in receivables financing, reaching ¥132,515,499.81 due to increased bill transactions through supply chain finance services[8] - The company reported a decrease in accounts payable from CNY 355,399,658.43 to CNY 395,826,556.91, indicating a rise of approximately 11.3%[17]