翔鹭钨业(002842) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥388,453,977.62, a decrease of 13.45% compared to ¥448,809,255.79 in the same period last year[5] - Net profit attributable to shareholders was ¥1,698,411.37, down 84.92% from ¥11,259,494.21 year-on-year[5] - Basic and diluted earnings per share were both ¥0.01, a decrease of 75.00% from ¥0.04 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 388,453,977.62, a decrease of 13.5% compared to CNY 448,809,255.79 in the same period last year[21] - Net profit for Q1 2023 was CNY 1,698,411.37, a significant decline of 85.0% from CNY 11,259,494.21 in Q1 2022[23] Cash Flow - The net cash flow from operating activities was -¥32,401,469.57, representing a decline of 181.99% compared to -¥11,490,370.15 in the previous year[5] - Cash flow from operating activities showed a net outflow of CNY 32,401,469.57, worsening from a net outflow of CNY 11,490,370.15 in the same quarter last year[24] - The net cash flow from financing activities increased by 553.62% to ¥75,847,214.06, primarily due to cash received from loans[13] - The net cash flow from financing activities was 75,847,214.06, an increase from 11,604,110.66 in the previous period[25] - The net cash flow from investment activities was -12,972,616.77, worsening from -5,439,912.16 in the previous period[25] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥2,270,235,283.29, an increase of 1.97% from ¥2,226,422,224.15 at the end of the previous year[5] - Total liabilities increased to ¥1,314,624,308.20 from ¥1,269,913,386.37, representing an increase of about 3.5%[19] - The company's total current assets increased to ¥1,339,861,279.64 from ¥1,288,835,038.01 at the beginning of the year, reflecting a growth of approximately 3.9%[18] - The total assets of the company at the end of the reporting period amounted to ¥2,270,235,283.29, compared to ¥2,226,422,224.15 at the beginning of the year, reflecting an increase of about 2.0%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,997[15] - The largest shareholder, Chen Qifeng, holds 18.67% of shares, amounting to 51,836,400 shares, with 30,012,161 shares pledged[15] Expenses - Sales expenses rose by 45.42% to ¥1,936,931.10, mainly due to increased business expansion costs[11] - Research and development expenses for Q1 2023 were CNY 13,761,998.62, a decrease from CNY 15,571,779.50 in the previous year[21] - Financial expenses increased to CNY 11,352,887.81 from CNY 9,086,338.61, indicating a rise of 25.0%[21] Other Financial Metrics - Investment income decreased by 73.60% to ¥132,120.00, attributed to changes in forward foreign exchange settlement gains[11] - The company reported a foreign exchange gain of CNY 5,460.00, contrasting with a loss of CNY 474,589.00 in the previous year[23] - The company reported a significant increase in prepayments, rising by 1706.24% to ¥23,254,509.81 due to increased material payments[10] - Contract liabilities increased by 485.83% to ¥5,952,391.03, primarily due to higher customer prepayments[10] Inventory and Receivables - Accounts receivable rose to ¥281,130,006.90 from ¥264,153,826.03, indicating an increase of about 6.4%[18] - Inventory increased to ¥757,841,400.03 from ¥737,210,105.49, showing a growth of approximately 2.1%[19] Loans and Cash Equivalents - The company reported a short-term loan balance of ¥480,360,460.44, which increased from ¥399,048,731.97, indicating a rise of approximately 20.4%[19] - The company's cash and cash equivalents at the end of the period were ¥158,092,744.20, up from ¥150,880,194.11, a rise of approximately 4.8%[18] - The total cash and cash equivalents at the end of the period amounted to 93,020,236.32, compared to 129,166,207.29 at the end of the previous period[25] Audit Information - The company did not undergo an audit for the first quarter report[26]