合康新能(300048) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 331,668,674.80, representing a 4.02% increase compared to CNY 318,853,420.34 in the same period last year[5]. - Total operating revenue for Q1 2023 was CNY 331,668,674.80, an increase of 4.8% compared to CNY 318,853,420.34 in Q1 2022[25]. - Net profit for Q1 2023 was CNY 656,278.44, a significant decrease from CNY 12,116,620.05 in Q1 2022[27]. - Net profit attributable to shareholders decreased by 93.08% to CNY 661,978.33 from CNY 9,559,524.23 year-on-year[5]. - Total operating costs for Q1 2023 were CNY 340,679,572.81, up 11.5% from CNY 305,491,347.06 in the previous year[25]. - The company reported a significant increase in tax expenses, which rose to CNY 1,896,964.91 from CNY 701,663.51 in the previous year, marking an increase of 170.5%[27]. - Basic and diluted earnings per share for Q1 2023 were both CNY 0.0006, down from CNY 0.0087 in Q1 2022[28]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -3,538,529.87, a decline of 107.67% compared to CNY 46,107,816.67 in the previous year[5]. - Total cash inflow from operating activities amounted to 270,042,462.43, compared to 226,319,295.18 in the prior period, reflecting an increase of approximately 19.3%[29]. - Cash outflow from operating activities increased to 273,580,992.30 from 180,211,478.51, representing a rise of about 51.8%[29]. - The net cash flow from investing activities was -7,452,556.78, down from 5,783,685.78 in the previous period[30]. - The net cash flow from financing activities was -14,809,224.40, worsening from -5,492,795.88 in the previous period[30]. - The ending cash and cash equivalents balance was 409,783,520.35, down from 330,900,623.00 in the previous period[30]. - The company reported a cash decrease of 26,032,677.04 during the period, contrasting with an increase of 46,398,706.57 in the prior period[30]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 2,758,437,750.50, down 0.70% from CNY 2,778,016,757.86 at the end of the previous year[5]. - The total liabilities decreased to CNY 850,220,075.19 from CNY 873,138,366.58 in the previous quarter, indicating a reduction of 2.6%[24]. - The company's total equity increased to CNY 1,908,217,675.31 from CNY 1,904,878,391.28, showing a marginal growth of 0.2%[24]. - The total equity attributable to shareholders increased slightly by 0.09% to CNY 1,869,451,911.77 from CNY 1,867,759,055.23 at the end of the previous year[5]. - As of March 31, 2023, the company's total current assets amounted to ¥1,764,601,174.39, a decrease from ¥1,821,587,554.20 at the beginning of the year, reflecting a decline of approximately 3.12%[20]. Shareholder Information - The total number of shares held by the top 10 unrestricted shareholders includes Guangdong Midea HVAC Equipment Co., Ltd. with 208,685,418 shares, representing a significant portion of the company's equity[14]. - The company plans to release restricted shares for executives, with a total of 1,642,325 shares expected to be released by November 21, 2023[18]. Other Financial Metrics - The company recorded a credit impairment loss of CNY 8,393,086.29, compared to a reversal of CNY 3,238,989.48 in the same period last year[27]. - Research and development expenses increased to CNY 25,631,507.83, compared to CNY 20,885,410.37 in the same period last year, reflecting a growth of 22.8%[25]. - The company reported a significant increase in construction in progress, rising 706.03% to CNY 49,984,654.63 due to increased investment in subsidiary projects[8]. - The company experienced a 100.22% decrease in minority shareholders' profit, resulting in a loss of CNY -5,699.89 compared to a profit of CNY 2,557,095.82 in the previous year[10]. - Financial expenses decreased by 353.21% to CNY -2,100,242.27, attributed to increased interest income from financial products[10]. - The company recorded a 175.29% increase in non-operating income, amounting to CNY 132,669.01, primarily due to received penalties[10]. Audit Status - The first quarter report was not audited, indicating a need for careful review of the financial data presented[31].