宝色股份(300402) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥461,795,291.35, representing a 42.60% increase compared to ¥323,849,173.34 in the same period last year[4] - Net profit attributable to shareholders was ¥17,367,289.21, up 22.61% from ¥14,164,752.72 year-on-year[4] - The total profit for the period was ¥19,386,878.35, a substantial increase of 5984% compared to ¥12,128,917.94 in the previous year[9] - The operating profit for Q1 2023 was CNY 19,137,944.04, up from CNY 11,891,583.63 in the same period last year, indicating a growth of approximately 61%[25] - The total profit before tax for Q1 2023 was CNY 19,386,878.35, compared to CNY 12,128,917.94 in Q1 2022, reflecting an increase of approximately 60%[25] Cash Flow and Assets - The net cash flow from operating activities decreased by 56.89% to ¥52,215,401.90, down from ¥121,118,927.69 in the previous year[10] - The company’s cash and cash equivalents at the end of the first quarter were ¥215,162,414.82, up from ¥172,086,695.12 at the beginning of the year, representing a growth of 25.1%[20] - The company reported cash and cash equivalents at the end of Q1 2023 amounting to CNY 190,514,693.60, down from CNY 204,610,796.06 at the end of Q1 2022[30] - The total cash inflow from financing activities in Q1 2023 was CNY 111,460,304.89, compared to CNY 70,645,592.59 in Q1 2022, indicating an increase of approximately 57%[30] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,495,960,014.47, a 16.85% increase from ¥2,135,998,038.09 at the end of the previous year[4] - The total assets of the company reached ¥2,495,960,014.47, compared to ¥2,135,998,038.09 at the beginning of the year, indicating an increase of 16.9%[22] - The total liabilities increased to ¥1,804,261,978.99 from ¥1,462,141,287.55, marking a rise of 23.4%[22] Earnings and Shareholder Returns - The basic earnings per share increased by 22.68% to ¥0.0860, compared to ¥0.0701 in the same period last year[4] - The company’s basic and diluted earnings per share for Q1 2023 were both CNY 0.0860, up from CNY 0.0701 in Q1 2022, representing a growth of about 22%[26] Operational Metrics - The accounts receivable financing increased significantly by 7,094.95% to ¥191,814,352.98 due to increased settlement with acceptance bills[8] - Contract liabilities rose by 78.53% to ¥766,536,400.44, attributed to an increase in orders and advance payments[8] - Accounts receivable increased to ¥594,907,094.38 from ¥493,549,808.15, reflecting a rise of 20.5%[20] - The company’s inventory decreased to ¥696,171,675.45 from ¥790,669,325.84, a decline of 11.9%[20] - The company’s retained earnings increased to ¥211,746,437.13 from ¥194,379,147.92, showing a growth of 9.3%[22] Research and Development - Research and development expenses for Q1 2023 were CNY 12,041,487.64, compared to CNY 10,011,364.51 in Q1 2022, marking an increase of approximately 20%[25] Strategic Initiatives - The company signed a strategic cooperation agreement with Tianjin Bohua Engineering Co., Ltd. to enhance collaboration in business, technology, and talent exchange[17] - The company plans to expand its business cooperation in the VCM project, focusing on the entire lifecycle of related equipment, including R&D, design, manufacturing, and maintenance[17] - The company has successfully changed its sponsor for the stock issuance application and received approval from the Shenzhen Stock Exchange to resume the review process[16] Other Financial Metrics - The total operating costs for Q1 2023 were CNY 437,129,528.32, an increase from CNY 301,311,461.67 in Q1 2022, representing a growth of approximately 45%[25] - The company incurred a credit impairment loss of CNY -6,841,552.98 in Q1 2023, an improvement from CNY -11,818,125.63 in Q1 2022[25]