泰坦股份(003036) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥314,948,220.19, a decrease of 22.90% compared to ¥408,479,150.73 in the same period last year[2] - Net profit attributable to shareholders was ¥20,040,174.29, down 1.62% from ¥20,369,870.89 year-on-year[2] - Total operating revenue for Q1 2023 was ¥314,948,220.19, a decrease of 22.9% compared to ¥408,479,150.73 in Q1 2022[14] - Net profit for Q1 2023 was ¥20,791,889.66, up 5.9% from ¥19,627,138.77 in the same period last year[14] - Operating profit increased to ¥26,134,834.34, compared to ¥23,477,503.99 in Q1 2022, representing an increase of 7.1%[14] - The company reported a total comprehensive income of ¥21,774,170.77 for Q1 2023, compared to ¥20,166,225.96 in Q1 2022, an increase of 8.0%[15] - Basic and diluted earnings per share remained stable at ¥0.09 for both Q1 2023 and Q1 2022[15] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly to ¥121,230,268.51, a rise of 1,045.77% compared to a negative cash flow of ¥12,818,099.27 in the previous year[6] - Cash flow from operating activities generated a net cash inflow of ¥121,230,268.51, a significant improvement from a net outflow of ¥12,818,099.27 in Q1 2022[17] - Cash and cash equivalents at the end of Q1 2023 totaled ¥734,321,635.74, up from ¥381,090,931.82 at the end of Q1 2022[17] - Cash and cash equivalents increased to CNY 901,368,446.83 from CNY 866,687,464.96, representing a rise of about 4.0%[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,483,053,185.75, reflecting a 2.33% increase from ¥2,426,457,825.40 at the end of the previous year[2] - As of March 31, 2023, total assets amounted to CNY 2,483,053,185.75, an increase from CNY 2,426,457,825.40 at the beginning of the year, reflecting a growth of approximately 2.3%[12] - Total liabilities reached CNY 1,185,290,183.86, up from CNY 1,151,872,084.58, indicating an increase of approximately 2.9%[13] - The company's total equity rose to CNY 1,297,763,001.89 from CNY 1,274,585,740.82, marking a growth of around 1.8%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,259[8] - The largest shareholder, Shaoxing Titan Investment Co., Ltd., holds 65.48% of the shares, totaling 141,441,660 shares[8] Operational Efficiency - Total operating costs decreased to ¥274,350,148.69 from ¥371,726,678.26, reflecting a reduction of 26.3%[14] - Research and development expenses for Q1 2023 were ¥8,730,328.27, down from ¥10,022,774.23 in Q1 2022, a decrease of 12.9%[14] Changes in Financial Assets - The company reported a significant increase in trading financial assets, which rose by 100.03% to ¥101,199,082.55, primarily due to the purchase of wealth management products with idle funds[5] - The company experienced a 161.82% increase in prepayments, totaling ¥30,399,780.15, mainly due to increased advance payments for materials[5] - The company recorded a 1,683.17% increase in fair value gains, amounting to ¥606,279.35, attributed to the appreciation of wealth management products[6] Other Financial Metrics - The company's weighted average return on equity decreased to 1.57%, down 0.20% from 1.77% in the same period last year[2] - Accounts receivable decreased to CNY 465,222,980.73 from CNY 509,435,702.15, a decline of about 8.7%[12] - Inventory slightly decreased to CNY 258,080,918.32 from CNY 261,279,449.84, reflecting a decrease of approximately 1.2%[12] - Short-term borrowings remained stable at CNY 16,300,000.00, unchanged from the beginning of the year[13] - The company reported a decrease in accounts payable from CNY 536,065,311.07 to CNY 481,300,812.21, a reduction of about 10.2%[13] - The total amount of other receivables increased to CNY 7,213,884.16 from CNY 6,164,158.07, showing an increase of approximately 17.0%[12] - The company’s long-term equity investments slightly decreased to CNY 2,344,741.27 from CNY 2,360,129.32, a decline of about 0.6%[12] Audit Information - The company did not conduct an audit for the Q1 2023 report[18]