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天际股份(002759) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥444,168,059.20, a decrease of 55.68% compared to ¥1,002,178,825.13 in the same period last year[4] - Net profit attributable to shareholders was ¥10,015,741.51, down 97.56% from ¥410,600,549.44 year-on-year[4] - Total operating revenue for Q1 2023 was ¥444,168,059.20, a decrease of 55.7% compared to ¥1,002,178,825.13 in the same period last year[19] - Basic and diluted earnings per share for Q1 2023 were both ¥0.02, compared to ¥1.021 in Q1 2022[21] - The company reported a profit before tax of ¥31,494,956.21, a decrease of 93.5% from ¥483,395,785.06 in the previous year[20] Cash Flow - The net cash flow from operating activities was -¥235,847,398.34, a decline of 162.53% compared to ¥377,200,303.76 in Q1 2022[8] - Cash generated from operating activities was ¥503,901,618.65, down 37.2% from ¥802,418,674.16 in the same quarter last year[22] - The company reported a total cash outflow from operating activities of 770,682,538.49, compared to 427,458,262.85 in the previous year[23] - The cash flow from financing activities showed a positive change, amounting to ¥491,926,333.00, compared to -¥328,880,951.23 in the same period last year, marking a 249.58% increase[8] - Total cash inflow from financing activities was 596,515,087.24, a substantial increase from 72,586,061.89 in the same period last year[23] Assets and Liabilities - The company's total assets decreased by 5.10% to ¥5,900,978,805.98 from ¥6,218,093,397.23 at the end of the previous year[4] - Total liabilities amounted to ¥1,665,320,737.57, a decrease from ¥2,075,293,348.91 in the previous year[20] - The company's current assets decreased to RMB 2,581,012,882.33 from RMB 2,920,320,779.15, reflecting a decline of approximately 11.6%[16] - Cash and cash equivalents were reported at RMB 934,490,165.12, down from RMB 1,028,808,357.93, indicating a decrease of about 9.2%[16] - The total assets of the company as of March 31, 2023, amounted to RMB 5,900,978,805.98, a decrease from RMB 6,218,093,397.23 at the beginning of the year[16] Inventory and Receivables - Accounts receivable decreased significantly to RMB 320,042,527.58 from RMB 667,785,379.24, a reduction of approximately 52%[16] - Inventory levels also declined to RMB 347,927,339.03 from RMB 431,172,279.17, representing a decrease of around 19.3%[16] - The company has completed its inventory reduction process, and production operations have returned to normal[7] Research and Development - Research and development expenses for Q1 2023 were ¥17,401,696.15, a reduction of 38.21% compared to ¥28,160,812.81 in Q1 2022[8] - Research and development expenses for Q1 2023 were ¥17,401,696.15, down 38.3% from ¥28,160,812.81 in Q1 2022[20] Strategic Initiatives - The company has implemented a strategy to reduce procurement and production scale, leading to a significant decline in sales volume and revenue[7] - The company’s subsidiary, Jiangsu Tairui Lanteng Material Technology Co., Ltd., has initiated construction on a new project with an annual production capacity of 30,000 tons of lithium hexafluorophosphate[13] - The company is currently advancing a project for its wholly-owned subsidiary, Chaozhou Tianji Ceramics Industry Co., Ltd., which has completed the main structure and is progressing with infrastructure construction[12] Stock and Equity - The company has implemented a restricted stock incentive plan, granting 6.4 million shares out of a planned 8 million shares, with 1.6 million shares remaining unallocated due to the expiration of the 12-month period[12] - Total equity attributable to shareholders was ¥3,826,422,207.67, up from ¥3,810,657,869.76 year-on-year[20]