中瓷电子(003031) - 2023 Q1 - 季度财报

Financial Performance - Revenue for the first quarter of 2023 was RMB 328.97 million, a 12.60% increase compared to the same period last year[3] - Net profit attributable to shareholders of the listed company was RMB 36.14 million, a 1.39% increase year-on-year[3] - Operating income for the quarter was 328,965,433.09 yuan, compared to 292,141,709.88 yuan in the same period last year[18] - Net profit attributable to the parent company was 36,143,488.43 yuan, slightly up from 35,649,288.82 yuan in the previous year[19] - Net profit attributable to parent company owners: RMB 36,143,488.43, a slight increase from RMB 35,649,288.82 in the previous period[20] - Basic and diluted earnings per share: RMB 0.17, unchanged from the previous period[20] Cash Flow and Liquidity - Net cash flow from operating activities was RMB 75.95 million, a significant increase of 389.36% compared to the same period last year[3] - Cash received from sales of goods and services: RMB 309,548,332.39, up from RMB 185,441,084.62 in the previous period[21] - Net cash flow from operating activities: RMB 75,951,043.95, a significant improvement from a negative RMB 26,247,520.83 in the previous period[21] - Cash received from tax refunds: RMB 10,629,163.34, up from RMB 8,467,937.41 in the previous period[21] - Cash paid for goods and services: RMB 212,244,157.96, up from RMB 196,433,703.46 in the previous period[21] - Net cash flow from investing activities: negative RMB 46,377,346.12, a decline from positive RMB 20,731,239.09 in the previous period[22] - Net increase in cash and cash equivalents: RMB 29,226,484.31, compared to a negative RMB 5,669,899.96 in the previous period[22] - Ending cash and cash equivalents balance: RMB 264,784,539.64, up from RMB 120,112,944.25 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were RMB 1.89 billion, a 6.02% increase compared to the end of the previous year[3] - Accounts payable increased by 55.24% to RMB 333.42 million due to increased procurement needs as production scale expanded[6] - Contract liabilities increased by 49.18% to RMB 40.90 million, reflecting an increase in obligations to transfer goods to customers[6] - The company's monetary funds at the end of the period were RMB 264,784,539.64, an increase from RMB 235,558,055.33 at the beginning of the year[15] - Accounts receivable at the end of the period were RMB 281,873,885.81, up from RMB 236,660,436.71 at the beginning of the year[15] - Inventory at the end of the period was RMB 322,761,080.22, compared to RMB 307,506,767.15 at the beginning of the year[15] - The company's total current assets at the end of the period were RMB 1,195,291,375.89, an increase from RMB 1,116,004,959.43 at the beginning of the year[15] - Total assets increased to 1,886,547,275.93 yuan, up from 1,779,431,156.09 yuan in the previous period[16] - Fixed assets increased to 368,944,445.85 yuan from 357,754,708.31 yuan[16] - Construction in progress rose to 281,610,248.40 yuan from 269,574,939.57 yuan[16] - Total liabilities increased to 594,747,190.68 yuan from 523,774,559.27 yuan[16] - Total equity attributable to the parent company increased to 1,291,800,085.25 yuan from 1,255,656,596.82 yuan[17] - Deferred tax assets increased to 10,875,346.62 yuan from 9,861,795.34 yuan[16] - Other non-current assets rose to 12,008,901.91 yuan from 8,447,226.71 yuan[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 13,256[11] - The largest shareholder, Hebei Semiconductor Research Institute, holds 46.34% of the shares, amounting to 96,880,615 shares[11] - CETC Investment Holdings Co., Ltd. holds 9.31% of the shares, totaling 19,474,066 shares[11] Government Subsidies and Approvals - The company received government subsidies of RMB 2.37 million during the reporting period[4] - The company has received approvals from the State-owned Assets Supervision and Administration Commission and the Ministry of Finance for its restructuring plan[13] - The company submitted feedback to the China Securities Regulatory Commission on February 15, 2023, regarding its restructuring plan[14] Restructuring and Acquisitions - The company plans to acquire 73.00% equity of Hebei Boway Integrated Circuit Co., Ltd. and 94.6029% equity of Beijing Guolian Wanzhong Semiconductor Technology Co., Ltd. as part of its restructuring plan[13] Other Financial Metrics - The weighted average return on equity (ROE) was 2.84%, a slight decrease of 0.27 percentage points compared to the same period last year[3] - The company's prepayments increased by 905.24% to RMB 29.87 million, driven by growth in sales revenue[6] - Operating costs were 291,587,358.92 yuan, up from 257,630,844.89 yuan in the previous year[18] - The first quarter report was not audited[23]