银禧科技(300221) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥377,991,835.41, a decrease of 19.73% compared to ¥470,914,542.33 in the same period last year[5] - Net profit attributable to shareholders was ¥1,759,465.86, representing a significant increase of 229.08% from a loss of ¥1,363,070.01 in the previous year[5] - The net cash flow from operating activities decreased by 67.27%, amounting to ¥56,365,027.81 compared to ¥172,200,587.98 in the same period last year[9] - The company reported a basic earnings per share of ¥0.0039, up 225.81% from a loss of ¥0.0031 per share in the previous year[5] - Total operating revenue for Q1 2023 was CNY 377,991,835.41, a decrease of 19.7% compared to CNY 470,914,542.33 in the same period last year[25] - Net profit for Q1 2023 was CNY 1,552,087.95, a significant recovery from a net loss of CNY 1,278,126.53 in Q1 2022[26] - Cash flow from operating activities for Q1 2023 was CNY 56,365,027.81, down 67.3% from CNY 172,200,587.98 in Q1 2022[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,763,299,748.56, a slight decrease of 0.53% from ¥1,772,768,244.54 at the end of the previous year[5] - Total assets as of March 31, 2023, were CNY 1.76 billion, slightly down from CNY 1.77 billion at the beginning of the year[23] - Total liabilities decreased to CNY 480.95 million from CNY 502.48 million, reflecting a reduction in financial obligations[23] Cash Flow and Financing Activities - The company's cash flow from investing activities improved by 65.86%, with a net outflow of ¥33,713,295.47 compared to a larger outflow of ¥98,741,229.75 in the previous year[10] - In Q1 2023, the net cash flow from financing activities was -771,371.40 CNY, compared to -14,449,374.92 CNY in Q1 2022, indicating a significant improvement[29] - The cash inflow from financing activities totaled 122,134,390.97 CNY, an increase from 101,142,789.67 CNY in the same period last year[29] - The cash outflow from financing activities was 122,905,762.37 CNY, compared to 115,592,164.59 CNY in Q1 2022, reflecting a higher expenditure[29] - The cash paid for debt repayment was 82,750,833.70 CNY, down from 96,202,364.23 CNY in Q1 2022, indicating improved debt management[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 39,177[12] - The top 10 shareholders hold a combined total of 43,000,000 shares, representing approximately 10.96% of the total shares[12] - The largest shareholder, Lin Dencan, holds 10,070,700 shares, accounting for 2.12% of the total shares[12] - The company has a total of 4,761,000 shares held by the Shenzhen Qianhai Fujing Fund Management Co., Ltd. - Fujing Xuan No. 2 Private Securities Investment Fund[12] - The top shareholder, Shenzhen High-tech Investment Group Co., Ltd., holds 10,000,000 unrestricted shares[12] - The company has not disclosed any related party relationships among the top 10 shareholders[12] Government Subsidies and Investment Income - The company recognized government subsidies of ¥329,191.68, which is a 246.71% increase compared to ¥94,946.58 in the previous year[8] - Investment income showed a significant decline of 115.82%, resulting in a loss of ¥53,685.63 due to losses from certain joint ventures[8] Research and Development - Research and development expenses for Q1 2023 were CNY 16,252,833.87, a decrease of 17.8% from CNY 19,561,325.94 in the previous year[25] Operational Adjustments and Future Plans - The company plans to expand its market presence and is actively pursuing new product development initiatives[18] - The company’s subsidiary completed the registration and filing procedures for a change of address, indicating ongoing operational adjustments[20] - The company’s management has disclosed multiple share reduction plans, indicating potential changes in ownership structure[19] Other Financial Metrics - The weighted average return on equity was 0.14%, an increase of 0.26% from -0.12% in the previous year[5] - Other comprehensive income after tax for Q1 2023 was CNY -337,972.75, compared to CNY -125,601.16 in the same period last year[26] - The company did not distribute dividends or profits during Q1 2023, with cash payments for dividends at 252,809.51 CNY compared to 1,482,840.10 CNY in Q1 2022[29] - The report for Q1 2023 was not audited, as stated by the company's board[30]