顺威股份(002676) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 531,113,359.45, representing an increase of 8.77% compared to CNY 488,286,928.78 in the same period last year[4] - Net profit attributable to shareholders decreased by 29.24% to CNY 12,112,442.68 from CNY 17,117,277.44 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 10,287,664.91, down 23.23% from CNY 13,400,315.73 in the previous year[4] - Total operating revenue for Q1 2023 was CNY 531,113,359.45, an increase of 8.8% compared to CNY 488,286,928.78 in Q1 2022[22] - Net profit for Q1 2023 was CNY 12,143,415.71, a decrease of 29.0% from CNY 17,115,333.70 in Q1 2022[23] - The company reported a basic and diluted earnings per share of CNY 0.0168 for Q1 2023, down from CNY 0.0238 in Q1 2022[23] Cash Flow and Liquidity - The net cash flow from operating activities improved by 24.04%, reaching CNY -25,051,127.06 compared to CNY -32,977,380.89 in the same period last year[4] - The cash inflow from operating activities totaled CNY 314,146,771.41, compared to CNY 283,787,026.79 in Q1 2022, indicating a growth of 10.7%[25] - The cash inflow from financing activities totaled ¥81,414,420.01, an increase of 6.3% compared to ¥76,500,186.47 in the previous period[26] - The cash outflow from financing activities amounted to ¥93,314,105.78, up from ¥62,057,498.84, representing a 50.3% increase[26] - The net cash flow from financing activities was -¥11,899,685.77, a decline from a positive net cash flow of ¥14,442,687.63 in the previous period[26] - The cash and cash equivalents at the end of the period were ¥112,276,041.47, down from ¥128,229,893.73, reflecting a decrease of 12.5%[26] - The cash and cash equivalents net increase for the period was -¥57,454,868.65, compared to -¥27,206,712.55 in the previous period[26] - The company received ¥81,298,420.00 in cash from borrowings, an increase from ¥63,000,000.00 in the previous period[26] - The cash paid for debt repayment was ¥79,071,880.00, which increased from ¥56,587,204.02, marking a 39.6% rise[26] - The cash paid for dividends, profits, or interest was ¥4,273,819.49, a decrease from ¥5,470,294.82[26] - The impact of exchange rate changes on cash and cash equivalents was -¥683,747.94, compared to -¥361,319.12 in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,310,241,451.75, a 0.90% increase from CNY 2,289,665,481.03 at the end of the previous year[4] - The total liabilities at the end of Q1 2023 were CNY 1,138,252,316.45, slightly up from CNY 1,129,338,388.40 at the beginning of the year[22] - The total equity attributable to shareholders of the parent company increased to CNY 1,155,562,403.70 from CNY 1,143,930,034.53 at the start of the year[22] - The company's short-term borrowings decreased to CNY 418,000,000.00 from CNY 490,936,676.87, a reduction of approximately 14.8%[18] - The company reported a total non-current asset value of CNY 756,088,082.52, which is relatively stable compared to CNY 755,830,546.33 at the beginning of the year[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,484[10] - The largest shareholder, Guangzhou Kaichuang Intelligent Manufacturing Industry Investment Group Co., Ltd., holds 29.14% of the shares[10] Operational Changes - The company completed the deregistration of its wholly-owned subsidiary Shenzhen Shunwei Zhuoyue Real Estate Development Co., Ltd. on January 6, 2023, as part of its strategic adjustments[12] - The company approved the establishment of the Guangzhou Suikai Zhijing Equity Investment Partnership, which has completed its registration and filing procedures as of April 6, 2023[14] - The company signed a cooperation framework agreement with the Liqing District Industry and Information Bureau to promote strategic cooperation in the Qingdao area[15] Expenses - Sales expenses decreased by 35.41% to CNY 16,781,284.83, primarily due to reclassification of freight costs to operating costs[8] - Research and development expenses for Q1 2023 were CNY 10,655,874.81, compared to CNY 9,011,916.48 in Q1 2022, reflecting a year-over-year increase of 18.2%[22] - The company recorded a decrease in sales expenses to CNY 16,781,284.83 from CNY 25,981,811.44 in the previous year, a reduction of 35.4%[22] Inventory and Receivables - The company reported a significant increase in accounts receivable by 151.93% to CNY 102,305,143.21 due to an increase in received bills[7] - Accounts receivable increased to CNY 692,671,432.69 from CNY 679,634,250.46, showing a growth of about 1.5%[17] - The company’s inventory decreased slightly to CNY 421,870,337.71 from CNY 433,176,483.63, reflecting a decline of about 2.6%[17] Miscellaneous - The company's cash and cash equivalents decreased to CNY 135,951,749.62 from CNY 188,584,304.64 at the beginning of the year, representing a decline of approximately 28%[17] - The company's first quarter report for 2023 is unaudited[27]