宝鼎科技(002552) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥609,978,615.16, representing a significant increase of 601.32% compared to ¥86,975,990.42 in the same period last year[6] - The net profit attributable to shareholders was a loss of ¥28,134,025.82, a decline of 1,814.20% from a profit of ¥1,641,235.81 in the previous year[6] - The net cash flow from operating activities was negative at ¥52,486,785.46, worsening by 576.48% compared to a negative cash flow of ¥7,758,825.27 last year[6] - Basic and diluted earnings per share both stood at -¥0.06, a decrease of 700.00% from ¥0.01 in the same quarter last year[6] - The net profit for Jinbao Electronics in 2022 was 87.54 million RMB, which is 15.25 million RMB lower than the promised profit, resulting in a completion rate of 57.39%[39] - The net loss for the period was ¥33,063,242.25, contrasting with a net profit of ¥1,641,235.81 in the same period last year[53] Cash Flow and Investments - The net cash flow from operating activities was -$52,486,785.46, a decrease of 576.48% compared to the previous period[29] - Cash received from investment recoveries was $40,404,383.56, down 52.84% from $85,676,508.63[29] - The net cash flow from investment activities was -$4,157,879.85, a decrease of 192.72% compared to the previous period[29] - Cash received from borrowings was $262,000,000.00, marking a 100% increase from $0.00[29] - The net cash flow from financing activities was $30,014,668.65, reflecting a 100% increase from $0.00[29] - The cash and cash equivalents at the beginning of the period were $480,634,199.96, an increase of 316.37% compared to the previous period[29] - The cash and cash equivalents at the end of the period were $453,632,997.67, an increase of 305.02% compared to the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,192,959,357.74, a slight decrease of 0.10% from ¥5,198,101,788.70 at the end of the previous year[6] - The total liabilities as of March 31, 2023, were 2.90 billion RMB, reflecting an increase from 2.87 billion RMB at the beginning of the year[46] - The total liabilities of the company stood at ¥2,573,451,329.60, slightly up from ¥2,545,566,343.19 in the previous period[49] - Shareholders' equity attributable to the parent company decreased by 1.32% to ¥2,097,093,800.31 from ¥2,125,204,944.13 at the end of the previous year[6] Operating Costs and Expenses - The operating cost for Q1 2023 was 567.83 million RMB, reflecting a 641.67% increase from 76.56 million RMB in the same period last year[44] - The total operating costs amounted to ¥644,969,283.54, compared to ¥87,438,376.82 in the prior year, indicating a substantial rise in costs[53] - R&D expenses surged to 27.44 million RMB in Q1 2023, marking an increase of 893.38% from 2.76 million RMB in Q1 2022[44] - Research and development expenses increased to ¥27,435,043.35 from ¥2,761,776.06, reflecting a focus on innovation and product development[53] - The company reported a significant increase in financial expenses, totaling ¥13,436,527.42, compared to a negative expense of -¥169,225.25 in the previous year[53] Shareholder Information - The top shareholder, Shandong Zhaojin Group Co., Ltd., holds 29.89% of the shares, with a total of 130,182,962 shares[20] - The total number of shares to be compensated by Yongyu Electronics and Zhaojin Group is 7,651,809 shares, which will be repurchased and canceled at a total price of 1.00 RMB[39] Future Outlook - The company is expected to continue focusing on market expansion and product innovation to recover from the current financial challenges[53] - The company’s cash flow from operating activities remains a critical area for future improvement, as indicated by the net loss reported[53]