海象新材(003011) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥433,359,930.82, representing a 7.22% increase compared to ¥404,179,017.16 in the same period last year[5] - Net profit attributable to shareholders reached ¥67,242,810.35, a significant increase of 290.66% from ¥17,212,520.75 in the previous year[5] - Basic and diluted earnings per share were both ¥0.65, reflecting a 282.35% increase compared to ¥0.17 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 433,359,930.82, an increase of 7.9% compared to CNY 404,179,017.16 in Q1 2022[22] - Net profit for Q1 2023 reached CNY 67,242,810.35, significantly up from CNY 17,212,520.75 in the same period last year, marking a growth of 290.5%[23] Cash Flow and Liquidity - The net cash flow from operating activities surged to ¥132,388,184.62, marking a 710.67% increase from ¥16,330,734.41 in the same period last year[5] - Operating cash flow for the period was CNY 132,388,184.62, a significant increase from CNY 16,330,734.41 in the previous period, representing an increase of 711.5%[25] - Cash inflow from operating activities totaled CNY 535,792,081.63, compared to CNY 463,939,508.46 in the prior period, reflecting a growth of 15.5%[25] - Cash outflow from operating activities decreased to CNY 403,403,897.01 from CNY 447,608,774.05, a reduction of 9.9%[25] - The company received CNY 50,332,691.89 in tax refunds, an increase from CNY 40,294,014.58 in the previous period, representing a growth of 25.5%[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,424,212,566.11, a decrease of 2.43% from ¥2,484,500,756.43 at the end of the previous year[5] - Total liabilities decreased to CNY 914,408,709.67 from CNY 1,025,357,638.94, a decline of 10.8%[20] - The company's cash and cash equivalents increased to CNY 1,057,596,978.88 from CNY 1,148,998,011.74, indicating a decrease of 7.9%[20] Expenses - The company experienced a 30.10% increase in selling expenses, totaling ¥35,550,502.25, mainly due to higher licensing fees[9] - Financial expenses increased by 185.58% to ¥10,932,179.02, attributed to higher exchange losses during the period[9] - Total operating costs decreased to CNY 374,101,423.03 from CNY 390,213,271.65, representing a reduction of 4.3%[22] - Research and development expenses rose to CNY 10,984,002.50, up from CNY 8,824,338.99, reflecting a growth of 24.5%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,327, with no preferred shareholders[11] - Shareholder Shen Caixing planned to reduce his holdings by up to 600,000 shares, representing 0.58% of the total share capital, but did not execute the plan by the deadline[14] - Director Lu Guoqiang planned to reduce his holdings by up to 1,000,000 shares, representing 0.97% of the total share capital, but also did not execute the plan by the deadline[15] Other Financial Metrics - The weighted average return on equity was 4.48%, up from 1.34% in the same period last year, indicating improved profitability[5] - The company reported a significant increase in other income to CNY 10,873,432.33 from CNY 5,327,135.54, an increase of 104.5%[23] - The company has a total of 1,853,780 shares held in the repurchase special account, accounting for 3.35% of total shares[12] - The company reported a prepayment amount of CNY 36,181,122.86, significantly increasing from CNY 13,916,162.14 at the beginning of the year[18] - Other receivables decreased to CNY 20,062,768.66 from CNY 27,205,056.50, a decline of 26.06%[18] Market and Product Development - The company has not disclosed any new product or technology developments in the current report[14] - There are no updates on market expansion or mergers and acquisitions in the current report[14]