ZEMIC(SZ:300114)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥357,808,505.03, a decrease of 12.57% compared to the same period last year[4] - Net profit attributable to shareholders was ¥22,882,850.05, down 9.61% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥21,854,237.42, a decrease of 7.51% compared to the previous year[4] - Total operating revenue for Q1 2023 was CNY 357,808,505.03, a decrease of 12.6% compared to CNY 409,268,390.76 in Q1 2022[14] - Total operating costs for Q1 2023 were CNY 338,379,571.46, down 11.5% from CNY 382,459,057.72 in the same period last year[14] - Net profit for Q1 2023 was CNY 6,679,096.41, slightly up from CNY 6,656,239.37 in Q1 2022, indicating a stable performance[15] - Earnings per share (EPS) for Q1 2023 was CNY 0.0387, compared to CNY 0.0429 in Q1 2022, reflecting a decrease of 4.9%[16] Cash Flow and Investments - The net cash flow from operating activities was -¥148,176,076.36, an improvement of 15.14% year-on-year[4] - Cash flow from operating activities for Q1 2023 was CNY 231,383,375.15, an increase from CNY 206,485,545.84 in Q1 2022[17] - The net cash flow from operating activities was -148,176,076.36 CNY, an improvement from -174,609,600.53 CNY in the previous year[18] - Cash outflow from investment activities totaled 63,110,926.97 CNY, significantly higher than 23,463,848.10 CNY in the same period last year[18] - The net cash inflow from investment activities was -63,103,916.97 CNY, worsening from -23,463,848.10 CNY in the previous year[18] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥3,736,544,854.57, an increase of 2.24% from the end of the previous year[5] - The total liabilities as of Q1 2023 amounted to CNY 1,380,001,884.26, up from CNY 1,313,693,828.91 in the previous year[14] - Total equity increased to CNY 2,356,542,970.31 in Q1 2023 from CNY 2,340,876,746.75 in Q1 2022, showing a growth of 0.67%[14] - The total current assets as of March 31, 2023, amount to CNY 2,297,131,967.68, an increase from CNY 2,231,178,952.27 at the beginning of the year[12] - The total assets as of March 31, 2023, are CNY 3,736,544,854.57, compared to CNY 3,654,570,575.66 at the beginning of the year[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 65,196, with the top 10 shareholders holding 54.74% of the shares[9] - Hanzhong Hanhang Electromechanical Co., Ltd. holds 26.00% of the shares, while Hanzhong Aviation Industry Group Co., Ltd. holds 23.94%[9] - There are no known relationships or concerted actions among the top 10 shareholders[10] - The company has no preferred shareholders or significant changes in restricted shares[11] Operational Highlights - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[15] - The company reported a significant increase in cash received from sales, totaling CNY 227,544,933.24 in Q1 2023, compared to CNY 201,872,575.04 in Q1 2022[17] Financial Expenses and Costs - The company reported a 160.55% year-on-year increase in financial expenses, attributed to higher interest expenses and reduced interest income[8] - The cash paid for the acquisition of fixed assets and other long-term assets increased by 168.97% year-on-year, mainly due to cash outflows for the construction of a new intelligent measurement and control park[8] - The company reported a decrease in inventory costs, with operating costs at CNY 222,783,910.86, down from CNY 269,286,185.84 in the previous year[14] Dividends and Tax Payments - The company paid 10,089,122.65 CNY in dividends and interest, an increase from 7,460,253.12 CNY in the previous year[18] - The company reported a total tax payment of 28,392,279.95 CNY, compared to 15,412,855.42 CNY in the same quarter last year[18] Miscellaneous - The company did not conduct an audit for the first quarter report[19]