伟星新材(002372) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥896,351,074.01, a decrease of 10.87% compared to ¥1,005,611,886.79 in the same period last year[4]. - Net profit attributable to shareholders was ¥173,602,127.97, representing an increase of 48.19% from ¥117,148,322.31 year-on-year[4]. - Basic earnings per share increased by 57.14% to ¥0.11 from ¥0.07 in the previous year[4]. - Total operating revenue for Q1 2023 was ¥896,351,074.01, a decrease of 10.9% compared to ¥1,005,611,886.79 in Q1 2022[21]. - Net profit for Q1 2023 reached ¥176,791,488.81, an increase of 48.6% from ¥118,995,082.95 in Q1 2022[22]. - Earnings per share for Q1 2023 were ¥0.11, compared to ¥0.07 in the same period last year, indicating a growth of 57.1%[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,984,798,800.32, a slight increase of 0.66% from ¥6,938,789,194.54 at the end of the previous year[5]. - Total assets as of the end of Q1 2023 amounted to ¥6,984,798,800.32, slightly up from ¥6,938,789,194.54 at the end of Q1 2022[20]. - Total liabilities decreased to ¥1,348,350,211.24 in Q1 2023 from ¥1,488,388,501.55 in Q1 2022, a reduction of 9.4%[19]. - The company's equity attributable to shareholders rose by 3.41% to ¥5,508,594,807.26 from ¥5,327,040,406.02[5]. - The company's equity attributable to shareholders increased to ¥5,508,594,807.26 in Q1 2023 from ¥5,327,040,406.02 in Q1 2022, reflecting a growth of 3.4%[20]. Cash Flow - The net cash flow from operating activities decreased by 101.24% to -¥141,983,311.72, primarily due to increased raw material purchases[11]. - The net cash flow from operating activities for the first quarter was -141,983,311.72 CNY, compared to -70,553,959.68 CNY in the previous period, indicating a decline of approximately 100% year-over-year[26]. - Total cash inflow from operating activities was 1,114,026,980.64 CNY, down from 1,148,840,662.45 CNY, reflecting a decrease of about 3%[26]. - Cash outflow from operating activities increased to 1,256,010,292.36 CNY from 1,219,394,622.13 CNY, representing an increase of approximately 3%[26]. - The net cash flow from investing activities was -127,901,230.99 CNY, compared to -258,330,414.10 CNY in the previous period, showing an improvement of about 50%[27]. - The cash and cash equivalents at the end of the period stood at 2,691,320,699.62 CNY, down from 2,961,653,607.63 CNY at the beginning of the period, reflecting a decrease of about 9%[27]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 27,472, with the top 10 shareholders holding a significant portion of shares[12]. - Weixing Group Co., Ltd. holds 37.90% of shares, amounting to 603,359,564 shares, with 227,132,400 shares pledged[12]. - The top three shareholders, including Weixing Group and Linhai Huixing Group, collectively hold over 52% of the company's shares[12]. - The company reduced its total share capital from 1,592,112,988 shares to 1,592,077,988 shares due to the repurchase and cancellation of 35,000 restricted shares[15]. Investments and Acquisitions - The company acquired 65% of Guangzhou Hexin Fangyuan Industrial Equipment Co., Ltd., which has a registered capital of 10 million CNY[15]. - The company has plans for market expansion and new product development, as indicated by the acquisition of Hexin Fangyuan[15]. Other Financial Metrics - The company reported a 99.13% decrease in financial expenses, attributed to increased interest income[10]. - Other income increased by 89.79% year-on-year, mainly due to higher government subsidies received[10]. - The company experienced a 38.62% increase in operating profit compared to the same period last year[10]. - Research and development expenses for Q1 2023 were ¥32,247,580.36, slightly up from ¥31,315,099.87 in the previous year, indicating a focus on innovation[21]. - Deferred tax assets increased to ¥42,019,073.11 in Q1 2023 from ¥34,292,891.06 in Q1 2022, showing a growth of 22.5%[19]. - Investment income for Q1 2023 was ¥69,878,602.66, a significant recovery from a loss of ¥19,884,550.84 in Q1 2022[22].