英维克(002837) - 2023 Q1 - 季度财报

Cash Flow - The net cash flow from operating activities for Q1 2023 was -57,237,614.28, a decrease of 197.49% compared to the previous period[10] - The net cash flow from investing activities was -63,742,064.43, down 149.07% year-over-year, primarily due to reduced redemption of financial products and increased investment in construction projects[10] - The net cash flow from financing activities increased to 60,558,134.15, a turnaround of 166.76% from the previous period, mainly due to increased net cash inflow from bank loans[10] - The cash flow from operating activities was negatively impacted by an increase in cash payments for goods and services and employee compensation[10] - The company's operating cash inflow for Q1 2023 was CNY 592,506,988.74, a slight decrease of 1.2% compared to CNY 599,205,889.38 in the previous period[53] - The net cash flow from operating activities was negative at CNY -57,237,614.28, contrasting with a positive flow of CNY 58,709,429.56 in the same period last year[53] Financial Performance - Total operating revenue for the first quarter reached ¥527,465,864.45, an increase of 31.81% compared to ¥400,173,374.16 in the previous period, primarily driven by increased sales of cabinet temperature control energy-saving products[21] - Total operating costs amounted to ¥502,680,474.33, up from ¥395,989,559.24, reflecting a significant rise in operating costs[21] - Net profit for the quarter was ¥28,511,888.89, compared to ¥11,528,475.19 in the same period last year, indicating strong growth in profitability[30] - The company reported a total profit of ¥32,082,821.51, significantly higher than ¥10,099,079.80 in the previous year[30] - Revenue for the reporting period reached ¥527,465,864.45, representing a 31.81% increase compared to ¥400,173,374.16 in the same period last year[37] - Net profit attributable to shareholders was ¥25,097,874.30, a significant increase of 97.84% from ¥12,686,178.44 in the previous year[37] - The net profit after deducting non-recurring gains and losses was ¥20,139,963.91, reflecting a 133.31% increase from ¥8,632,121.86 year-on-year[37] - Total comprehensive income for the period was CNY 28,075,145.08, up from CNY 11,450,918.41 in the previous year, indicating a significant increase of 145.5%[59] - The net profit attributable to the parent company was CNY 24,661,130.49, compared to CNY 12,608,621.66 in the prior year, reflecting a growth of 95.5%[59] Expenses - Research and development expenses increased by 44.72% to ¥52,350,816.15 from ¥36,173,514.39, attributed to higher personnel costs and stock-based compensation[21] - Management expenses rose by 56.91% to ¥32,004,747.35 from ¥20,396,760.54, mainly due to increased management personnel and salary growth[21] - Financial expenses surged by 74.23% to ¥7,741,635.96 from ¥4,443,252.28, primarily due to increased exchange losses and interest expenses[21] - The cash paid for goods and services was CNY 400,357,499.86, an increase of 12.5% compared to CNY 355,954,574.63 in the previous year[53] - The cash paid to employees rose to CNY 148,858,209.92, up from CNY 113,859,461.98, reflecting a 30.7% increase[53] Assets and Liabilities - The total liabilities amounted to 1,903,395,154.89, slightly down from 1,935,061,825.66 in the previous period[7] - The company’s short-term borrowings decreased to 484,800,000.00 from 505,000,000.00 in the previous period[7] - The company’s total current liabilities decreased to 1,657,462,634.10 from 1,792,655,708.36 in the previous period[7] - Total assets at the end of the reporting period were ¥4,062,409,366.76, a slight increase of 0.47% from ¥4,043,387,454.92 at the end of the previous year[37] - The total liabilities and equity amounted to CNY 4,062,409,366.76, slightly up from CNY 4,043,387,454.92 in the previous period[63] Investments - The company received 105,000,000.00 in cash related to investment activities during the reporting period[3] - Investment income decreased by 69.38% to ¥288,620.44 from ¥942,597.83, primarily due to reduced returns from bank wealth management products[21] - Construction in progress rose by 45.81% to ¥34,451,177.26, attributed to increased investment in the South China headquarters project[39] - Intangible assets grew by 60.97% to ¥131,887,201.79, indicating significant investment in new technologies[39] - The company reported a 255.99% increase in fair value gains on financial assets, amounting to ¥1,065,033.33, due to increased trading of financial assets[41] Changes in Accounting Policies - The company has implemented changes in accounting policies effective from January 1, 2023, impacting the financial statements[17] Earnings Per Share - Basic earnings per share increased to ¥0.06, doubling from ¥0.03 in the same period last year[37] - Basic and diluted earnings per share both increased to CNY 0.06, up from CNY 0.03 in the previous year, marking a 100% increase[59] Government Subsidies - The company reported a government subsidy of 3,137,077.38, primarily due to received government grants[9] - Other income increased by 63.72% to ¥8,090,184.04 from ¥4,941,415.59, largely due to increased government subsidies received[21]