索菱股份(002766) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥211,287,309.14, representing an increase of 11.88% compared to ¥188,852,742.60 in the same period last year[5] - The net profit attributable to shareholders was ¥595,728.62, a significant turnaround from a loss of ¥3,912,497.70 in the previous year, marking a 115.23% increase[5] - The operating profit for Q1 2023 was ¥2,311,035.34, a turnaround from a loss of -¥3,737,215.21 in the same quarter last year, reflecting a 161.84% improvement[10] - Gross profit for Q1 2023 was CNY 197,703.44, compared to a loss of CNY 3,737,215.21 in Q1 2022, indicating a significant recovery[23] - Net profit for Q1 2023 was CNY 404,094.52, a turnaround from a net loss of CNY 3,968,945.56 in Q1 2022[23] - The total comprehensive income for the first quarter was CNY 1,554,112.58, compared to a loss of CNY 18,137,299.91 in the previous year[24] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥18,181,993.91, a decline of 663.95% compared to ¥3,224,050.36 in Q1 2022[5] - The company reported a cash balance of RMB 198,237,527.36 at the end of the quarter, down from RMB 215,694,242.64 at the beginning of the year, indicating a decrease of approximately 8.5%[19] - The net cash flow from investing activities was CNY 1,202,052.15, compared to a negative cash flow of CNY 1,474,518.54 in the previous year[26] - The total cash and cash equivalents at the end of the period were CNY 148,147,705.94, down from CNY 166,549,980.38 at the beginning of the period[26] - The company incurred a total cash outflow of CNY 263,525,242.00 from operating activities, compared to CNY 256,610,305.53 in the previous year[26] Assets and Liabilities - Total assets decreased by 10.24% to ¥1,037,223,922.53 from ¥1,155,545,288.02 at the end of the previous year[5] - Total liabilities decreased to CNY 372,772,822.34 in Q1 2023 from CNY 497,308,706.40 in Q1 2022, a reduction of 25.1%[21] - The company's total assets decreased to CNY 1,037,223,922.53 in Q1 2023 from CNY 1,155,545,288.02 in Q1 2022, a decline of 10.2%[21] Equity and Return Metrics - The weighted average return on equity improved to 0.09% from -0.15% year-on-year, reflecting a 158.52% increase[5] - The total equity attributable to shareholders increased by 0.97% to ¥665,093,221.28 from ¥658,687,068.61 at the end of the previous year[5] Research and Development - Research and development expenses rose by 57.53% to ¥8,791,400.70 from ¥5,580,614.56 in Q1 2022, indicating increased investment in innovation[10] - Research and development expenses increased to CNY 16,852,387.32 in Q1 2023, compared to CNY 14,524,133.96 in Q1 2022, representing a growth of 16.0%[23] Investments and Subsidiaries - The company established a wholly-owned subsidiary, Wuxi Suoling Technology Co., Ltd., with a registered capital of RMB 40 million, fully funded by the company's own capital[15] - A new wholly-owned subsidiary, Anhui Suoling Technology Co., Ltd., was set up with a registered capital of RMB 5 million, also fully funded by the company[16] - The company completed a capital increase of 800 million JPY (approximately RMB 40.4 million) in its affiliate, Japan Sanqi, while waiving its preemptive rights for this capital increase[16] Government Support and Contracts - The company received government subsidies amounting to ¥535,390.47, contributing positively to its financial performance[6] - The company signed a final agreement with Mitsubishi Heavy Industries for electronic equipment supply, with a total contract value of USD 275,215,577.50[15] Other Notable Points - The company has been removed from the list of untrustworthy executors, with all related issues resolved as of March 4, 2023[13] - The company plans to grant 600,000 restricted stocks at a price of RMB 2.13 per share and 250,000 stock options at RMB 4.25 each to incentive targets[17] - The company recorded a foreign exchange loss of CNY 1,422,332.68 during the quarter[26] - The first quarter report was not audited[27] - The company did not report any significant new product launches or technological advancements during this quarter[27]