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远程股份(002692) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥581,626,500.12, representing a 9.18% increase compared to ¥532,723,199.14 in the same period last year[3] - Net profit attributable to shareholders decreased by 65.75% to ¥5,497,629.92 from ¥16,049,284.84 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥5,022,241.39, a significant increase of 405.63% compared to a loss of ¥1,643,247.82 in the previous year[3] - Total revenue for Q1 2023 was 6,188,975.28, a decrease of 65.25% compared to 17,811,570.14 in Q1 2022, primarily due to credit impairment losses from the previous period[8] - Net profit for Q1 2023 was 5,497,630.45, down 65.75% from 16,049,280.93 in Q1 2022, mainly attributed to the reversal of credit impairment losses in the prior period[8] - Operating profit for Q1 2023 was 5,275,875.60, a decline of 70.28% from 17,752,209.09 in Q1 2022, largely due to the previous period's credit impairment reversal[8] - Other income decreased by 35.17% to 122,692.44 from 189,251.06 in Q1 2022, mainly due to a reduction in government subsidies[8] - The total comprehensive income for Q1 2023 was CNY 5,497,630.45, significantly lower than CNY 23,174,080.93 in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥134,786,943.63, worsening by 82.02% from -¥74,049,881.09 in the same period last year[3] - Cash flow from operating activities showed a net outflow of -134,786,943.63, a decrease of 82.02% compared to -74,049,881.09 in Q1 2022, reflecting reduced cash inflow from sales[8] - Cash and cash equivalents at the end of Q1 2023 increased by 195.33% to 91,069,187.07 from 30,836,552.63 in Q1 2022[9] - The company's cash and cash equivalents decreased to CNY 122,911,827.02 from CNY 161,939,782.66 at the beginning of the year, a decline of 24%[14] - The company raised CNY 365,000,000.00 through borrowings in Q1 2023, compared to CNY 12,729,968.00 in cash received from other financing activities[21] Assets and Liabilities - Total assets increased by 3.18% to ¥2,533,382,083.25 from ¥2,455,276,684.00 at the end of the previous year[3] - The total liabilities decreased significantly, with non-current liabilities down by 58.89% to ¥18,885,539.00, mainly due to a reduction in pending litigation balances[6] - The total liabilities increased to CNY 1,478,760,975.35 from CNY 1,406,153,206.55, reflecting a rise of 5.1%[16] - The total assets of the company as of March 31, 2023, were CNY 2,533,382,083.25, compared to CNY 2,455,276,684.00 at the beginning of the year, an increase of 3.2%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,926[10] - The top shareholder, Wuxi Suxin Industry Optimization Adjustment Investment Partnership, holds 18.11% of the shares, totaling 130,091,326 shares[10] Operational Metrics - The company's accounts receivable increased by 52.02% to ¥122,817,694.70, primarily due to an increase in commercial acceptance bills[6] - The construction in progress rose by 86.43% to ¥25,910,503.44, attributed to increased installation and infrastructure projects[6] - Total operating revenue for Q1 2023 was CNY 581,626,500.12, an increase of 9.2% compared to CNY 532,723,199.14 in Q1 2022[18] - Total operating costs for Q1 2023 were CNY 575,300,071.15, up from CNY 542,025,814.34 in the same period last year, reflecting a rise of 6.1%[18] - Inventory rose significantly to CNY 373,816,740.04 from CNY 289,556,006.33, marking an increase of 29.2%[14] - Short-term borrowings increased to CNY 1,058,729,321.47 from CNY 933,513,322.44, representing a growth of 13.4%[15] Research and Development - Research and development expenses were CNY 10,605,518.60, slightly down from CNY 11,629,505.62 in the previous year[19] Financial Ratios - The weighted average return on equity decreased to 0.51% from 1.59% year-on-year, a decline of 1.08%[3] - Basic and diluted earnings per share were both CNY 0.0077, down from CNY 0.0223 in the same quarter last year[20] - The company incurred financial expenses of CNY 8,752,793.92, an increase from CNY 7,305,128.75 in Q1 2022[19]