经纬辉开(300120) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 799,839,401.36, representing a 42.86% increase compared to CNY 559,874,198.25 in the same period last year[3] - Net profit attributable to shareholders decreased by 26.15% to CNY 20,127,392.05 from CNY 27,255,137.81 year-on-year[3] - The company’s basic earnings per share decreased by 26.24% to CNY 0.0433 from CNY 0.0587 in the previous year[3] - Net profit for Q1 2023 was ¥19,641,559.09, a decrease of 37.1% from ¥31,225,058.89 in Q1 2022[22] - The company's earnings per share (EPS) for Q1 2023 was ¥0.0433, down from ¥0.0587 in the same period last year[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -74,838,590.21, a decline of 163.46% compared to CNY 117,936,520.63 in the previous year[3] - Cash inflow from operating activities totaled ¥775,193,345.14, slightly up from ¥763,102,808.73 in Q1 2022[25] - Total cash outflow from operating activities amounted to 850,031,935.35 CNY, up from 645,166,288.10 CNY year-over-year[26] - Cash inflow from financing activities was 307,300,000.00 CNY, down from 410,491,978.84 CNY in the previous year[27] - The net cash flow from financing activities was 124,162,763.10 CNY, a recovery from a negative 12,357,815.89 CNY in the previous year[27] - The total cash and cash equivalents at the end of the period were 325,562,418.98 CNY, compared to 280,467,272.38 CNY at the end of the previous year[27] - Cash outflow for investment activities was 125,951,282.80 CNY, significantly higher than 9,740,923.84 CNY in the previous year[26] - The net cash flow from investment activities was -125,793,506.80 CNY, compared to -9,740,923.84 CNY in the previous year, indicating increased investment expenditures[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,373,318,604.28, down 1.35% from CNY 4,439,021,484.06 at the end of the previous year[4] - The total liabilities as of Q1 2023 were ¥1,806,289,203.85, a marginal increase from ¥1,799,924,498.04 in the previous year[20] - Cash and cash equivalents decreased to RMB 404.82 million from RMB 496.15 million[17] - Accounts receivable increased to RMB 844.67 million from RMB 659.96 million, indicating a growth of approximately 28%[17] - Inventory decreased to RMB 731.57 million from RMB 779.99 million, reflecting a reduction of about 6.2%[17] - Short-term borrowings increased to RMB 645.12 million from RMB 566.61 million, representing a rise of approximately 13.8%[18] Investment and Expenses - The company reported a significant increase in investment income of 2,196.37%, primarily due to the release of previously recognized gains from the valuation of land and properties after the transfer of a subsidiary[6] - The company’s financial expenses increased by 250.16%, mainly due to a decrease in foreign exchange gains and an increase in interest expenses[6] - Research and development expenses for Q1 2023 were ¥19,582,798.62, an increase from ¥18,618,793.21 in the same period last year[21] - The company paid 64,452,527.66 CNY to employees, an increase from 70,291,711.27 CNY in the previous year[26] - Tax payments increased to 19,719,686.74 CNY from 15,307,896.08 CNY year-over-year[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,015[9] - The company raised a total of RMB 715 million by issuing 110 million shares at a price of RMB 6.50 per share, with a net amount of RMB 700.34 million after deducting issuance costs[14] - The total number of restricted shares increased to 29.69 million, up from 22.27 million due to the addition of 7.42 million shares[13] - The company has received approval from the China Securities Regulatory Commission for the stock issuance, allowing it to proceed with the planned capital raise[14] Other Comprehensive Income - The company reported an investment income of ¥12,712,935.84, compared to a loss of ¥606,425.42 in Q1 2022[22] - Other comprehensive income after tax for Q1 2023 was ¥13,812,228.23, a recovery from a loss of ¥3,133,274.39 in the previous year[22] - The company experienced a negative impact of -6,363,537.37 CNY from exchange rate fluctuations on cash and cash equivalents[27]