天银机电(300342) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 218,120,335.96, representing a 9.78% increase compared to CNY 198,684,730.55 in the same period last year[5] - Net profit attributable to shareholders reached CNY 17,778,881.37, a significant increase of 1,383.77% from CNY 1,198,219.81 in the previous year[5] - The net profit after deducting non-recurring gains and losses was CNY 17,503,674.95, up 1,814.38% from CNY 914,326.53 year-on-year[5] - The basic and diluted earnings per share were both CNY 0.0418, reflecting a 1,392.86% increase from CNY 0.0028 in the same quarter last year[5] - Total operating revenue for Q1 2023 was CNY 218,120,335.96, an increase of 9.1% compared to CNY 198,684,730.55 in Q1 2022[20] - Net profit for Q1 2023 reached CNY 17,619,176.54, a significant recovery from a net loss of CNY 1,191,397.77 in Q1 2022[21] - The total comprehensive income for the first quarter of 2023 was CNY 17,778,881.37, compared to CNY 1,204,030.21 in the same period last year, indicating significant growth[22] Assets and Liabilities - The company's total assets decreased by 1.62% to CNY 2,125,724,157.49 from CNY 2,160,695,906.82 at the end of the previous year[5] - The company's total assets as of Q1 2023 were CNY 2,125,724,157.49, down from CNY 2,160,695,906.82 at the end of the previous period[18] - Total liabilities decreased to CNY 607,221,813.56 from CNY 659,812,739.43 in the previous period[18] - The total equity attributable to shareholders of the parent company increased to CNY 1,508,339,495.87 from CNY 1,490,560,614.50[18] Cash Flow - Cash flow from operating activities improved by 46.31%, with a net outflow of CNY 22,578,486.95 compared to CNY 42,049,727.66 in the previous year[5] - Cash inflows from operating activities totaled CNY 172,318,240.66, a decrease of 21.0% from CNY 218,150,064.70 in the previous year[24] - The net cash flow from operating activities was negative CNY 22,578,486.95, an improvement from negative CNY 42,049,727.66 in the same quarter last year[25] - Cash outflows from investing activities were CNY 9,241,711.02, down from CNY 31,604,088.89 year-over-year, reflecting a reduction in investment expenditures[25] - The net cash flow from financing activities was negative CNY 4,547,625.58, compared to a positive CNY 13,234,721.58 in the previous year, indicating a shift in financing strategy[25] - The ending cash and cash equivalents balance was CNY 51,132,663.84, down from CNY 98,363,716.34 at the end of the previous year[25] Expenses and Costs - The company reported a significant reduction in sales expenses by 41.46%, down to CNY 5,194,927.90 from CNY 8,873,973.26 year-on-year[9] - Total operating costs for Q1 2023 were CNY 201,124,404.45, slightly up from CNY 198,891,126.62 in the same period last year[20] - Research and development expenses for Q1 2023 were CNY 16,066,554.06, compared to CNY 16,749,077.32 in Q1 2022[21] - The company reported a gross profit margin of approximately 7.3% for Q1 2023, compared to 2.0% in Q1 2022[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,559[10] - The company reported a total of 8,782,878 shares held by executive Zhao Yunwen, which are subject to lock-up restrictions[14] - The total number of restricted shares at the end of the period was 8,786,628, with no new restrictions added during the current period[14] Strategic Outlook - The company has not reported any significant new strategies or market expansions in this quarter[15] - There were no new products or technologies mentioned in the earnings call for this quarter[15] - The company did not disclose any mergers or acquisitions during this reporting period[15] - The financial report indicates a stable performance with no major fluctuations in key financial metrics[15] - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[19] Miscellaneous - The company's cash and cash equivalents decreased to ¥123,144,449.57 from ¥159,181,978.51 at the beginning of the year, representing a decline of approximately 22.6%[16] - Accounts receivable slightly decreased to ¥428,015,265.62 from ¥430,635,057.42, indicating a marginal reduction of about 0.6%[16] - The company's inventory decreased to ¥514,339,533.98 from ¥537,081,602.38, reflecting a decline of approximately 4.2%[16] - The total amount of receivables financing increased significantly to ¥120,170,832.05 from ¥56,458,484.16, marking an increase of approximately 112.5%[16] - The company has not undergone an audit for the first quarter report[26] - The report was released by the board of directors on April 25, 2023[27]