锐明技术(002970) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥365,925,139.07, representing a 46.31% increase compared to ¥250,094,195.61 in the same period last year[4] - The net profit attributable to shareholders was ¥24,067,490.69, a significant turnaround from a loss of ¥58,424,732.53 in the previous year, marking a 141.20% improvement[4] - Operating profit for Q1 2023 was CNY 26,967,425.76, a turnaround from a loss of CNY 64,281,475.14 in Q1 2022[23] - Net profit for Q1 2023 was CNY 24,980,606.02, compared to a net loss of CNY 65,884,094.92 in the previous year, indicating a substantial recovery[23] - The total comprehensive income attributable to the parent company was ¥25,053,678.94, compared to a loss of ¥58,422,869.12 in the previous period[24] Cash Flow - The cash flow from operating activities increased dramatically to ¥93,563,154.09, up 1,649.48% from ¥5,348,066.64 in the prior year[4] - Cash inflow from operating activities was ¥440,076,388.20, slightly down from ¥452,828,495.22 in the previous period[24] - The net cash flow from operating activities increased significantly to ¥93,563,154.09, compared to only ¥5,348,066.64 in the previous period[24] - Cash outflow from investing activities was ¥20,552,989.55, down from ¥57,979,488.47 in the previous period, resulting in a net cash flow from investing activities of -¥20,162,989.55[25] - Cash inflow from financing activities was ¥150,000,000.00, up from ¥66,794,840.00 in the previous period, leading to a net cash flow from financing activities of ¥73,397,201.51[25] - The net increase in cash and cash equivalents was ¥144,396,546.69, compared to a decrease of ¥55,189,546.77 in the previous period[25] - The ending balance of cash and cash equivalents was ¥558,769,763.49, up from ¥451,081,433.81 at the end of the previous period[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,104,549,008.02, reflecting a 4.98% increase from ¥2,002,840,203.71 at the end of the previous year[4] - The total assets as of Q1 2023 amounted to CNY 2,104,549,008.02, up from CNY 2,004,793,761.29 at the end of the previous year[20] - Total liabilities increased to CNY 782,428,820.24 from CNY 643,232,424.46, reflecting a rise of approximately 21.7%[20] - The company's total current assets increased to RMB 1,417,343,726.31 from RMB 1,311,076,462.73, marking a growth of about 8.1%[18] - The total equity attributable to shareholders was CNY 1,319,982,235.68, a decrease from CNY 1,360,460,417.04, reflecting a decline of about 3%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,538[11] - The company has repurchased a total of 2,978,100 shares, representing 1.72% of the total share capital, with a total expenditure of RMB 71,342,304[16] - The highest purchase price during the share buyback was RMB 24.99 per share, while the lowest was RMB 21.98 per share[16] - The company plans to continue its share repurchase program with a budget between RMB 50 million and RMB 80 million, at a maximum price of RMB 25.00 per share[14] - The company has initiated a share repurchase plan approved on January 18, 2023, with a duration of 12 months[14] Operational Efficiency - The company reported a basic earnings per share of ¥0.14, compared to a loss of ¥0.34 per share in the same quarter last year, representing a 141.18% increase[4] - The weighted average return on equity improved to 1.77%, up from -3.96% in the previous year[4] - The company reported a gross profit margin of approximately 42.5% for Q1 2023, compared to 30.7% in Q1 2022, indicating improved operational efficiency[21] - Research and development expenses for Q1 2023 were CNY 53,679,427.05, down from CNY 67,374,646.92 in the same quarter last year, showing a reduction of about 20.4%[21] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to sustain growth momentum[21] - The company’s total liabilities and equity will be detailed in the upcoming financial reports, providing insights into future financial health[17] Other Financial Metrics - The company reported a 96.04% increase in credit impairment losses, totaling ¥591,360, primarily due to a decrease in the recovery of accounts receivable[9] - Accounts receivable decreased slightly to RMB 287,107,067.28 from RMB 287,344,026.39, indicating a marginal reduction of about 0.08%[18] - Inventory levels were reported at RMB 323,897,868.26, down from RMB 329,013,492.18, showing a decrease of approximately 1.3%[18] - Long-term equity investments decreased to RMB 18,554,841.73 from RMB 21,455,516.29, reflecting a decline of approximately 13.3%[18] - The company did not report any net profit from subsidiaries prior to consolidation during the current or previous periods[24] - The first quarter report was not audited[25]