章源钨业(002378) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥822,676,918.20, a decrease of 5.75% compared to ¥872,897,895.21 in the same period last year[3] - The net profit attributable to shareholders was ¥35,070,909.23, down 46.62% from ¥65,695,230.60 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥27,422,378.30, reflecting a decline of 51.30% compared to ¥56,306,100.25 in the previous year[3] - The basic earnings per share decreased to ¥0.0379, a drop of 46.62% from ¥0.0711 in the same period last year[4] - Operating profit decreased by CNY 36.6044 million, down 47.05%, primarily due to reduced market demand and lower sales volume and gross margin[15] - Net profit fell by CNY 30.5068 million, a decline of 46.45%, influenced by decreased market demand[15] - Total operating revenue for Q1 2023 was CNY 822,676,918.20, a decrease of 5.7% compared to CNY 872,897,895.21 in the same period last year[27] - Operating profit for Q1 2023 was CNY 41,202,191.44, a decline of 47.3% from CNY 77,806,608.44 in the previous year[27] - Net profit for Q1 2023 was CNY 40,304,589.88, down 47.9% compared to CNY 77,331,000.25 in Q1 2022[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,825,490,988.75, an increase of 0.70% from ¥4,791,738,750.76 at the end of the previous year[4] - Accounts receivable increased by ¥292,906,700, a rise of 112.92% compared to the beginning of the year, due to changes in credit policy[8] - Total assets as of the end of Q1 2023 were CNY 4,825,490,988.75, an increase from CNY 4,791,921,163.19 at the start of the year[25] - Total liabilities decreased slightly to CNY 2,783,498,063.89 from CNY 2,786,256,426.08 at the beginning of the year[25] Cash Flow - The company reported a net cash flow from operating activities of -¥146,227,775.31, an improvement of 19.65% from -¥181,981,993.34 in the same period last year[3] - Cash inflow from operating activities totaled CNY 593.1279 million, down 3.51% from the previous year[16] - Cash outflow from investing activities decreased by CNY 17.9124 million, a decline of 47.22%, due to reduced capital expenditures[17] - Cash flow from financing activities decreased by CNY 111.4256 million, down 61.72%, mainly due to reduced bank borrowings[18] - Cash flow from operating activities showed a net outflow of CNY 146,227,775.31, an improvement from a net outflow of CNY 181,981,993.34 in Q1 2022[31] Expenses - Research and development expenses increased by 57.94% to ¥1,533,700 compared to ¥971,050 in the previous year[11] - Sales expenses increased by CNY 2.918 million, up 37.70%, attributed to higher travel, hospitality, and promotional costs[14] - R&D expenses rose by CNY 5.6265 million, an increase of 57.94%, reflecting increased investment in research and development[14] - The company reported R&D expenses of CNY 15,337,025.21 for Q1 2023, an increase of 57.5% compared to CNY 9,710,504.80 in the same period last year[27] Shareholder Information - The total number of common shareholders at the end of the reporting period was 54,733[19] - The largest shareholder, Chongyi Zhangyuan Investment Holding Co., Ltd., holds 60.65% of the shares, with 297 million shares pledged[19] Other Information - The company did not report any new product launches or technological advancements during this quarter[33] - The first quarter report was not audited[33]