和远气体(002971) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥405,599,521.59, representing a 33.99% increase compared to ¥302,701,273.01 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was ¥30,621,481.91, an 18.52% increase from ¥25,835,569.48 in Q1 2022[4] - Operating profit for the quarter was ¥36,599,952.59, representing a growth of 27.3% from ¥28,771,918.39 in Q1 2022[22] - Net profit for the period was ¥35,043,384.07, an increase of 20.0% compared to ¥29,032,737.35 in the same quarter last year[22] - The net profit for the first quarter of 2023 was CNY 30,626,500.70, an increase of 18.5% compared to CNY 25,835,569.48 in the same period last year[23] - Basic and diluted earnings per share increased to CNY 0.19 from CNY 0.16, reflecting a growth of 18.75%[23] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net outflow of ¥8,597,586.87, a 75.58% reduction from a net outflow of ¥35,211,956.14 in the previous year[4] - Cash inflow from operating activities was CNY 383,508,512.57, up from CNY 209,740,358.97, representing an increase of 83%[25] - Cash and cash equivalents at the end of Q1 2023 were ¥163,575,567.01, a decrease of 47.19% from ¥309,739,757.77 at the end of the previous year[13] - Cash and cash equivalents at the end of the period totaled CNY 163,575,567.01, down from CNY 309,739,757.77[26] - Total cash outflow from operating activities was CNY 392,106,099.44, compared to CNY 244,952,315.11 in the previous year[25] - The net cash flow from financing activities was CNY 192,855,335.62, a decrease from CNY 261,596,575.01 in the previous year[26] Assets and Liabilities - Total assets as of March 31, 2023, reached ¥3,209,360,334.94, marking a 9.17% increase from ¥2,939,776,275.44 at the end of the previous year[4] - Total liabilities rose to ¥1,965,986,944.58, compared to ¥1,732,907,069.04, reflecting an increase of 13.4%[20] - Shareholders' equity totaled ¥1,243,373,390.36, up from ¥1,206,869,206.40, indicating a growth of 3.0%[20] Inventory and Operating Costs - The company's inventory increased by 32.81% to ¥48,928,269.02 due to an increase in turnover materials and packaging[8] - Operating costs rose by 38.80% to ¥317,225,468.20, primarily due to increased production and costs associated with liquid ammonia[10] - Total operating costs amounted to ¥369,933,302.34, up 34.9% from ¥274,207,462.81 in the previous year[22] Investments and Projects - The company has initiated the electronic specialty gas industrial park project in Qianjiang, with a total investment of RMB 370 million, focusing on electronic specialty gases and electronic chemicals for semiconductor and microelectronics industries[16] - The Yichang electronic specialty gas and functional materials industrial park project has a total investment of approximately RMB 5 billion, with phase one investment of RMB 2 billion and an annual production capacity of 241,350 tons upon completion[17] - The company is expanding its product offerings in high-purity chemicals, including high-purity carbon monoxide and high-purity hydrogen chloride, to enhance its competitiveness in the electronic specialty gas market[16] - The company has established a wholly-owned subsidiary to oversee the electronic specialty gas project, ensuring dedicated management and operational efficiency[16] Shareholder Information - The company reported a total of 12,829 shareholders at the end of the reporting period, with the top 10 shareholders holding a combined 60.84% of shares[15] - The largest shareholder, Yang Tao, holds 20.97% of the shares, followed by other significant shareholders including Jiangtou Baishide and Yang Feng[15] Risk Management - The company is actively managing investment risks associated with market demand fluctuations for its new products[16] - The company emphasizes the importance of monitoring investment risks as it progresses with its new projects and product developments[16] - The company’s financial reports indicate a strong focus on expanding its production capabilities in response to market needs[18] Audit Information - The company did not undergo an audit for the first quarter report[27]