兴业科技(002674) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 464,129,650.50, representing a 78.99% increase compared to CNY 259,303,191.93 in the same period last year[4] - Net profit attributable to shareholders reached CNY 28,377,569.44, a significant increase of 629.59% from CNY 3,889,511.86 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 22,660,318.00, up 1,501.28% from a loss of CNY 1,617,119.76 in the previous year[4] - Basic earnings per share rose to CNY 0.0972, marking a 630.83% increase from CNY 0.0133 in the same quarter last year[5] - The company reported a significant increase in prepayments, which rose to CNY 118,654,562.24 from CNY 88,596,037.05, indicating a growth of approximately 33.9%[29] - The company reported a total comprehensive income of CNY 32,270,216.58 for Q1 2023, compared to CNY 4,060,385.92 in the same period last year[36] Cash Flow - The company reported a net cash flow from operating activities of -CNY 228,012,216.39, a decline of 834.94% compared to -CNY 24,387,959.06 in the previous year[16] - The net cash flow from financing activities was 141,449,181.43, a significant increase from 9,300,017.74 in the previous year[40] - The total cash and cash equivalents at the end of the period decreased to 622,103,940.51 from 1,037,588,969.70 year-over-year[40] - The cash inflow from financing activities totaled 147,324,850.00, compared to 13,575,562.91 in the same quarter last year[40] - The cash outflow for financing activities was 5,875,668.57, up from 4,275,545.17 in the previous year[40] - The net increase in cash and cash equivalents was -181,651,351.79, contrasting with an increase of 248,593,462.22 in the previous year[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,931,349,234.97, an increase of 3.81% from CNY 3,787,017,726.54 at the end of the previous year[5] - The company's current assets totaled CNY 2,906,937,401.50, up from CNY 2,796,624,242.82, indicating an increase of about 3.9%[29] - Total liabilities increased to CNY 1,408,137,764.80 from CNY 1,308,576,472.95, which is an increase of approximately 7.6%[31] - The company's equity remained stable at CNY 2,523,211,470.17, with no changes reported in the capital reserve[31] Research and Development - The company’s research and development expenses for the quarter were CNY 10,696,042.14, a 39.36% increase from CNY 7,674,933.57 in the same period last year[14] - Research and development expenses for Q1 2023 amounted to CNY 10,696,042.14, representing a 39% increase from CNY 7,674,933.57 in Q1 2022[34] Borrowings and Financial Agreements - The company’s short-term borrowings increased by 43.83% to CNY 455,685,638.47 from CNY 316,826,994.01[10] - The company has floating agreements with various banks, including a 10,000.00 million agreement with a 3.05% interest rate, which is currently unpaid[20] - A floating agreement of 5,000.00 million with a 2.90% interest rate is also noted, with a collection amount of 36.95 million[20] - The company has a floating agreement of 3,500.00 million with a 3.10% interest rate, with a collection amount of 29.13 million, which remains unpaid[20] - The company has a floating agreement of 1,000.00 million with a 2.55% interest rate, with a collection amount of 1.82 million[20] - The company has a floating agreement of 500.00 million with a 5.19% interest rate, with a collection amount of 2.42 million[20] - The company has a floating agreement of 4,000.00 million with a 3.55% interest rate, with a collection amount of 34.09 million[20] - The company has a floating agreement of 3,500.00 million with a 3.00% interest rate, with a collection amount of 19.41 million[20] Other Information - The company has not disclosed any new product developments or market expansion strategies in this quarter's report[26] - The company is currently facing potential impairment risks related to entrusted financial management, which may affect the recoverability of principal[20] - The company's first-quarter report is unaudited[41]