恒华科技(300365) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥110,842,853.62, representing a 46.40% increase compared to ¥75,711,578.63 in the same period last year[4] - Net profit attributable to shareholders was ¥3,155,129.21, a significant turnaround from a loss of ¥18,098,724.71 in the previous year, marking a 117.43% increase[4] - The net profit after deducting non-recurring gains and losses was ¥2,163,504.01, compared to a loss of ¥18,305,810.87 last year, reflecting an increase of 111.82%[4] - Operating profit for the quarter was ¥1,201,082.68, a turnaround from a loss of ¥19,796,601.66 in Q1 2022[24] - The company reported a total comprehensive income of ¥10,335,989.23, recovering from a loss of ¥19,941,721.89 in the previous year[24] - Basic and diluted earnings per share improved to ¥0.0053 from a loss of ¥0.0302 in Q1 2022[24] Assets and Liabilities - The company's total assets increased by 3.96% to ¥2,494,914,201.74 from ¥2,399,787,393.09 at the end of the previous year[4] - As of March 31, 2023, the total assets of Beijing Henghua Weiye Technology Co., Ltd. amounted to CNY 2,494,914,201.74, an increase from CNY 2,399,787,393.09 at the beginning of the year, reflecting a growth of approximately 3.97%[19] - Total liabilities rose to CNY 430,053,820.17 from CNY 370,980,544.77, which is an increase of around 15.9%[20] - Total liabilities and equity rose to ¥2,494,914,201.74, up from ¥2,399,787,393.09, an increase of 4.0%[21] Cash Flow - Cash flow from operating activities showed a net outflow of ¥151,839,315.39, worsening by 27.91% compared to the previous year's outflow of ¥118,711,585.76[4] - The company received cash inflows from operating activities totaling ¥162,503,883.85, compared to ¥142,104,290.66 in the previous year, an increase of 14.4%[26] - The net cash flow from financing activities improved dramatically to ¥97,883,270.54 from a negative cash flow of ¥33,501,823.48, driven by new bank borrowings[13] - The cash flow from financing activities showed a significant inflow of 99,750,203.85 CNY, while cash outflows totaled 1,866,933.31 CNY[27] Inventory and Borrowings - The company's inventory increased by 58.15% to ¥438,867,573.17, primarily due to costs incurred for projects that have not yet met revenue recognition criteria[8] - Short-term borrowings surged by 202.66% to ¥115,159,459.85, indicating increased reliance on bank loans[8] - Short-term borrowings surged to CNY 115,159,459.85 from CNY 38,049,169.32, reflecting an increase of approximately 202.5%[20] Other Financial Metrics - The weighted average return on equity improved to 0.16% from -0.84% year-on-year[4] - Research and development expenses decreased to ¥18,612,616.33 from ¥25,527,426.91, indicating a reduction of 27.2%[22] - The company's current assets totaled CNY 2,134,552,974.18, up from CNY 2,040,828,824.91, indicating an increase of about 4.6%[19] - The cash and cash equivalents decreased to CNY 340,021,258.19 from CNY 393,410,342.98, representing a decline of approximately 13.5%[19] - Accounts receivable stood at CNY 1,148,318,855.69, slightly down from CNY 1,168,899,166.62, showing a decrease of about 1.76%[19] Shareholder Information - The total number of restricted shares decreased from 165,265,015 to 142,672,202 due to the release of 22,592,813 shares during the period[18] - The company's equity capital remained stable at CNY 599,855,469.00, with capital reserves increasing to CNY 453,649,497.67 from CNY 431,058,753.67, a growth of about 5.2%[20] - The company reported a significant increase in contract liabilities, rising to CNY 82,828,013.31 from CNY 80,669,136.69, which is an increase of approximately 2.67%[20] Audit Information - The first quarter report was not audited[28]