中威电子(300270) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 34,229,430.41, representing a 63.95% increase compared to CNY 20,877,738.57 in the same period last year[4] - The net profit attributable to shareholders was CNY 344,817.50, a significant turnaround from a loss of CNY 207,376.32, marking a 266.28% improvement[4] - Total operating revenue for Q1 2023 reached ¥34,229,430.41, a significant increase of 64.0% compared to ¥20,877,738.57 in the same period last year[20] - The net profit attributable to the parent company was ¥344,817.50, a turnaround from a loss of ¥207,376.32 in the previous year[22] - The total comprehensive income attributable to the parent company was ¥352,761.80, compared to a loss of ¥207,242.17 in the previous year[23] - The basic and diluted earnings per share improved to ¥0.0012 from a loss of ¥0.0007 in the previous year[23] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 84.02% to CNY 2,616,800.80, down from CNY 16,375,121.59 in the previous year[4] - The company reported a net cash flow from operating activities of ¥2,616,800.80, down from ¥16,375,121.59 in the same quarter last year[24] - The net cash flow from investment activities was -10,380.00 thousand, indicating a significant outflow compared to -95,474.36 thousand in the previous period[25] - The net cash flow from financing activities was not reported, suggesting no new borrowings or significant financing activities during the quarter[25] - The net increase in cash and cash equivalents for the quarter was 2,602,055.92 thousand, compared to 16,279,645.08 thousand in the previous period[25] - The ending balance of cash and cash equivalents was 144,162,253.93 thousand, up from 132,115,028.76 thousand at the end of the previous period[25] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,061,304,573.54, a decrease of 2.32% from CNY 1,086,492,143.46 at the end of the previous year[4] - The total assets of Hangzhou Zhongwei Electronics Co., Ltd. as of March 31, 2023, amounted to RMB 1,061,304,573.54, a decrease from RMB 1,086,492,143.46 at the beginning of the year[17] - The company's current assets totaled RMB 650,214,878.63, down from RMB 668,112,919.83 at the beginning of the year, reflecting a decrease of approximately 2.5%[17] - The total liabilities of the company were RMB 303,793,702.13, down from RMB 329,067,776.65, indicating a reduction of about 7.7%[18] - The company's equity remained stable with a total capital of RMB 302,806,028.00, unchanged from the beginning of the year[18] - The company’s total liabilities and equity stood at ¥757,510,871.41, slightly up from ¥757,424,366.81 year-on-year[22] Operational Metrics - The weighted average return on equity was 0.05%, an increase from -0.03% in the same period last year[4] - Accounts receivable notes decreased by 70.19% due to a reduction in commercial acceptance bills received[8] - Prepayments increased by 570.92%, attributed to an increase in payments made for contracts that have not yet been executed[8] - The company recorded a 31.44% increase in credit impairment losses, primarily due to a significant balance of long-aged receivables[8] - The company’s inventory increased slightly to RMB 48,182,835.02 from RMB 47,543,223.79, reflecting a growth of approximately 1.3%[17] - The company’s long-term receivables were reported at RMB 120,999,517.98, a slight decrease from RMB 122,841,780.70[17] Research and Development - Research and development expenses increased to ¥5,239,476.58, compared to ¥4,588,221.63 in the previous year, reflecting a focus on innovation[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,479[11] - The company reported a total of 60,211,482 shares under lock-up, with no shares released during the current period[14] Other Information - The company has not yet disposed of the six idle properties approved for sale, which were intended to be sold at or above the valuation provided by a third-party appraisal[15] - The company’s first-quarter report was not audited, which may affect the reliability of the financial data presented[26] - The company’s legal representative is Li Yice, indicating a stable leadership structure[27]