青龙管业(002457) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥201,011,637.25, a decrease of 32.54% compared to ¥297,979,594.61 in the same period last year[5] - The net loss attributable to shareholders was ¥1,791,523.87, an improvement of 11.96% from a loss of ¥2,034,978.72 in the previous year[5] - The company's basic and diluted earnings per share were both -¥0.0053, showing a 13.11% improvement from -¥0.0061 in the previous year[5] - Operating profit for Q1 2023 was CNY 1.26 million, a significant improvement from a loss of CNY 2.38 million in the same period last year[19] - Net profit for Q1 2023 was a loss of CNY 2.23 million, compared to a loss of CNY 2.99 million in Q1 2022, indicating a narrowing of losses[20] Cash Flow - The net cash flow from operating activities improved by 33.39%, reaching -¥158,240,139.37 compared to -¥237,546,294.56 in the same period last year[5] - The cash inflow from operating activities totaled ¥579,792,048.91, a decrease of 5.3% compared to ¥612,339,601.89 in the previous year[23] - The cash outflow from operating activities was ¥738,032,188.28, down 13.2% from ¥849,885,896.45 year-over-year[23] - Cash inflow from investment activities amounted to ¥122,730,627.74, an increase of 9.4% compared to ¥112,238,413.73 in the previous year[23] - The net cash flow from investment activities was ¥14,294,729.12, a significant decrease from ¥94,721,854.98 year-over-year[23] - Cash inflow from financing activities reached ¥259,801,000.00, slightly up from ¥259,195,602.54 in the previous year[24] - The net cash flow from financing activities was ¥85,774,090.39, a substantial increase from ¥8,199,869.38 year-over-year[24] Assets and Liabilities - Total assets decreased by 3.36% to ¥4,025,894,369.21 from ¥4,165,700,874.27 at the end of the previous year[5] - Current assets totaled RMB 2,968,185,869.34, down from RMB 3,087,100,483.26, indicating a decrease of about 3.86%[16] - The company's total liabilities decreased to CNY 1.52 billion in Q1 2023 from CNY 1.65 billion in Q1 2022, reflecting a reduction in financial obligations[19] - Current liabilities totaled CNY 1.43 billion in Q1 2023, down from CNY 1.57 billion in Q1 2022, showing improved liquidity management[19] - The company’s total assets decreased to CNY 4.03 billion in Q1 2023 from CNY 4.17 billion in Q1 2022, indicating a contraction in the asset base[19] Expenses - The company's operating costs decreased by 29.57% due to a reduction in revenue[10] - Research and development expenses decreased by 30.18% compared to the same period last year[12] - Research and development expenses for Q1 2023 were CNY 6.43 million, down 30% from CNY 9.21 million in Q1 2022, indicating a potential shift in investment strategy[19] - The company reported a credit impairment loss of CNY 13.13 million in Q1 2023, compared to a gain of CNY 15.50 million in Q1 2022, highlighting changes in asset quality[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 47,320, with the largest shareholder holding 21.28% of the shares[12] - The total equity attributable to shareholders of the parent company was CNY 2.31 billion in Q1 2023, a slight decrease from CNY 2.31 billion in Q1 2022[19] Other Income and Subsidies - The company received government subsidies amounting to ¥3,910,469.18, contributing to a 714.96% increase in other income compared to the previous year[6][12] - The total profit increased by 103.82% due to a reduction in period expenses and credit impairment losses[12]