锋龙股份(002931) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥111,977,327.51, a decrease of 36.32% compared to ¥175,843,576.01 in the same period last year[5] - Net profit attributable to shareholders was ¥848,025.80, down 94.89% from ¥16,588,380.57 year-on-year[5] - Basic earnings per share dropped to ¥0.00, reflecting a 100% decrease from ¥0.08 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 111,977,327.51, a decrease of 36.3% compared to CNY 175,843,576.01 in the same period last year[18] - Net profit attributable to the parent company for Q1 2023 was CNY 848,025.80, compared to CNY 16,588,380.57 in Q1 2022, reflecting a significant decline[19] - The company reported a comprehensive income total of CNY 825,248.68 for Q1 2023, significantly lower than CNY 16,581,227.19 in the previous year[20] - Basic earnings per share for Q1 2023 were CNY 0.00, compared to CNY 0.08 in Q1 2022, indicating a drop in profitability[20] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥4,870,374.66, a significant increase of 121.09% compared to a negative cash flow of ¥23,098,459.77 in the previous year[5] - The company experienced a net decrease in cash and cash equivalents of ¥11,580,597.79, compared to an increase of ¥36,721,730.14 in Q1 2022[22] - The ending balance of cash and cash equivalents was ¥152,956,530.43, down from ¥165,235,131.81 at the end of Q1 2022[22] - Cash inflow from financing activities was only ¥1,000,000.00, a sharp decline from ¥86,000,000.00 in the previous year[22] - The company reported a total cash outflow from operating activities of ¥135,682,047.19, compared to ¥214,568,092.23 in the same period last year[22] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,134,700,702.56, a decrease of 1.36% from ¥1,150,312,982.31 at the end of the previous year[5] - Total liabilities decreased to CNY 417,673,828.30 in Q1 2023 from CNY 443,040,308.54 in the same period last year, a decline of 5.7%[17] - The company's cash and cash equivalents were not explicitly stated but are part of the total current assets of CNY 611,404,149.69, down from CNY 628,406,758.97[17] - The accounts receivable balance decreased to ¥105,195,212.87 from ¥118,256,397.27 at the beginning of the year[15] Research and Development - The company reported a significant reduction in R&D expenses, which amounted to ¥7,865,541.18, down 31.33% from ¥11,454,281.85 in the previous year[9] - Research and development expenses decreased to CNY 7,865,541.18 in Q1 2023 from CNY 11,454,281.85 in the previous year, a reduction of 31.5%[19] Investment and Financing Activities - The company reported a significant drop in investment income, which was -¥295,427.63, a decrease of 122.14% compared to ¥1,334,099.73 in the previous year[9] - Total cash inflow from investment activities decreased to ¥161,458,831.46 from ¥249,740,394.62 year-over-year[22] - The net cash flow from investment activities was negative at -¥11,807,091.60, contrasting with a positive net flow of ¥38,987,535.08 in Q1 2022[22] - Cash outflow from financing activities totaled ¥5,036,606.50, down from ¥64,126,280.77 in the previous year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,603[12] - The largest shareholder, Shaoxing Chengfeng Industrial Co., Ltd., holds 43.32% of the shares, totaling 86,279,289 shares[12] Financial Management - The company’s cash flow management strategies will be crucial for future operational stability and growth[22] - The company did not conduct an audit for the Q1 2023 report[23]