和胜股份(002824) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥531.02 million, a decrease of 22.15% compared to ¥682.14 million in the same period last year[5]. - Net profit attributable to shareholders was ¥24.59 million, down 51.23% from ¥50.42 million year-on-year[5]. - Basic earnings per share decreased to ¥0.12, down 55.56% from ¥0.27 in the same period last year[5]. - Operating profit decreased to ¥28,250,107.74, a decline of 55.8% from ¥63,794,602.55 in the previous year[19]. - The company reported a total comprehensive income of ¥24,924,851.08, compared to ¥51,615,946.68 in Q1 2022, reflecting a decrease of 51.8%[19]. - The total operating costs were ¥511,910,831.12, a decrease of 17.3% from ¥618,845,134.50 in Q1 2022[18]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥83.43 million, a 157.95% increase from a negative cash flow of ¥143.97 million in the previous year[5]. - Cash flow from operating activities generated a net inflow of ¥83,430,518.81, a significant improvement compared to a net outflow of ¥143,972,348.86 in the previous year[22]. - The net cash flow from financing activities was -17,974,085.43, a significant decrease compared to 186,407,818.49 in the previous period[23]. - The total cash and cash equivalents at the end of the period reached 213,383,682.23, up from 111,280,349.35 in the previous year[23]. - The cash and cash equivalents increased by 33,806,186.30 during the quarter, compared to an increase of 9,368,251.42 in the same period last year[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2.87 billion, a decline of 5.54% from ¥3.04 billion at the end of the previous year[5]. - Current assets totaled CNY 1,736,548,387.89, down from CNY 1,969,199,377.34, indicating a decrease of about 11.8%[15]. - Total liabilities decreased to CNY 1,211,793,916.50 from CNY 1,419,716,542.42, reflecting a reduction of about 14.6%[16]. - Short-term borrowings decreased to CNY 128,029,000.00 from CNY 147,952,106.11, a decline of approximately 13.5%[16]. - The company's equity increased to CNY 1,660,930,284.29 from CNY 1,621,435,244.71, indicating a growth of about 2.4%[16]. Accounts Receivable and Inventory - The company reported a 44.49% reduction in accounts receivable, decreasing from ¥101.19 million to ¥56.17 million, attributed to increased bill settlements by customers[9]. - Accounts receivable decreased significantly to CNY 561,728,106.92 from CNY 1,011,882,907.58, a reduction of about 44.4%[15]. - Inventory levels decreased to CNY 394,987,778.66 from CNY 448,412,099.39, showing a decline of approximately 11.9%[15]. Investment and Income - The company’s investment income showed a significant decline, with losses of ¥376.67 thousand compared to losses of ¥152.29 thousand in the previous year, reflecting increased fair value changes of financial assets[9]. - The company recorded an investment loss of ¥3,766,727.43, compared to a loss of ¥1,522,900.99 in the previous year[18]. - The company received government subsidies amounting to ¥3.84 million, contributing to a 133.45% increase in other income from ¥164.50 thousand to ¥384.02 thousand[9]. Strategic Focus - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[14].