新兴装备(002933) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥44,104,344.13, a decrease of 42.56% compared to ¥76,784,092.26 in the same period last year[5] - The net profit attributable to shareholders was -¥11,902,269.34, representing a decline of 224.36% from a profit of ¥9,570,831.89 in the previous year[5] - Operating profit was reported at CNY -14,340,334.98, compared to a profit of CNY 11,161,787.45 in the same period last year[25] - The total profit for Q1 2023 was -14,340,334.98 CNY, compared to a profit of 11,193,787.45 CNY in Q1 2022, indicating a significant decline[26] - The net profit for Q1 2023 was -12,315,099.06 CNY, down from 9,056,241.02 CNY in the same period last year[26] - The company recorded other comprehensive income attributable to the parent company of -110,707.16 CNY for the quarter[26] - The total comprehensive income for Q1 2023 was -12,425,806.22 CNY, compared to 9,056,241.02 CNY in the same period last year[26] Cash Flow and Assets - The net cash flow from operating activities increased significantly to ¥50,279,813.93, compared to -¥12,258,108.60 in the same period last year, marking a 510.18% improvement[10] - Cash and cash equivalents increased to CNY 1,262,971,823.16 from CNY 877,972,868.32 at the beginning of the year, representing a growth of 43.9%[22] - The total cash and cash equivalents at the end of Q1 2023 stood at 1,261,354,532.76 CNY, up from 794,863,681.71 CNY at the end of Q1 2022[30] - The company reported cash inflows from investment activities totaling 667,019,223.59 CNY, compared to 440,649,143.90 CNY in the previous year[29] - The net cash flow from investment activities was -64,122,070.36 CNY, an improvement from -154,108,805.93 CNY in Q1 2022[30] - The cash flow from financing activities resulted in a net inflow of 398,740,698.61 CNY, compared to a net outflow of -12,196,500.69 CNY in the same quarter last year[30] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,173,374,703.66, an increase of 24.33% from ¥1,748,064,664.31 at the end of the previous year[5] - Total liabilities increased to CNY 732,456,798.97 from CNY 306,237,533.08, reflecting a significant rise of 139.0%[23] - The company’s total current assets increased to CNY 1,815,046,440.26 from CNY 1,402,934,469.84, a rise of 29.4%[22] - Non-current assets totaled CNY 358,328,263.40, up from CNY 345,130,194.47, marking an increase of 3.5%[22] - The company’s total liabilities increased significantly, with contract liabilities rising by 102.59% to ¥72,213,889.39 due to increased prepayments[10] Shareholder Information - The company completed a share transfer agreement on December 21, 2022, transferring 15,000,000 shares, representing 12.78% of the total share capital, at a price of RMB 30.70 per share[14] - Following the transfer, the new controlling shareholder, Chang'an Huitong, holds 21,806,300 shares, accounting for 18.58% of the total share capital[14] - The actual controller of the company changed to the Shaanxi Provincial State-owned Assets Supervision and Administration Commission[14] - The company’s major shareholders include Dai Yue, who holds 35,964,587 shares, and Chang'an Huitong, which holds 6,806,300 shares[13] - The company has a total of 10 major shareholders, with the top 5 holding significant stakes in the company[13] - The company has committed to transparency regarding shareholder relationships and has disclosed potential conflicts of interest among major shareholders[13] Employee Stock Ownership Plan - As of March 31, 2023, the first phase of the employee stock ownership plan has unlocked 1,608,019 shares, which is 1.37% of the company's total share capital[19] - The company’s first phase employee stock ownership plan was approved on March 16, 2022, with a total of 402,004.8 shares transferred at a price of RMB 6.28 per share[19] Expenses - The company reported a significant increase in sales expenses, which rose to ¥1,893,019.67, primarily due to higher personnel costs and employee stock plan amortization[10] - Research and development expenses were CNY 5,991,106.42, slightly down from CNY 6,874,771.10 year-over-year[25] - Total operating costs amounted to CNY 60,670,300.85, down 10.9% from CNY 67,773,272.77 year-over-year[25] Earnings Per Share - The company’s basic and diluted earnings per share were both -¥0.10, a decrease of 225.00% from ¥0.08 in the same period last year[5] - Basic and diluted earnings per share for Q1 2023 were both -0.1 CNY, compared to 0.08 CNY in Q1 2022[26] - The company’s weighted average return on equity was -0.83%, down from 0.66% in the previous year[5]