航新科技(300424) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 421,645,744.50, representing a 62.09% increase compared to CNY 260,138,604.58 in the same period last year[4] - The net loss attributable to shareholders was CNY -2,149,959.49, an improvement of 86.92% from a loss of CNY -16,442,351.15 in the previous year[4] - The net profit for Q1 2023 was a loss of CNY 1,372,706.68, an improvement from a loss of CNY 16,505,807.74 in Q1 2022[22] - The company reported a significant increase in other income, which rose by 183.46% to CNY 14,439,776.90 compared to CNY 5,094,111.24 in the previous year[9] - The company recorded other income of CNY 14,439,776.90, a substantial increase from CNY 5,094,111.24 year-over-year[22] - The total comprehensive income attributable to the parent company was -2,155,003.35 CNY, compared to -14,707,803.83 CNY in the previous period[23] Cash Flow and Liquidity - The net cash flow from operating activities improved to CNY -53,325,134.15, a 33.79% increase compared to CNY -80,533,515.40 in the same period last year[4] - Cash inflow from operating activities totaled 411,974,754.31 CNY, while cash outflow was 465,299,888.46 CNY[24] - The company reported cash and cash equivalents of ¥155,115,961.61 at the end of the period, down from ¥309,257,290.86 at the beginning of the year, a decrease of approximately 49.9%[17] - Cash and cash equivalents at the end of the period were 149,115,961.61 CNY, down from 135,801,245.43 CNY in the previous period[26] - The company incurred a net cash outflow from investing activities of -9,142,615.89 CNY, compared to -6,115,498.48 CNY in the previous period[26] - Cash inflow from financing activities was 199,392,824.06 CNY, while cash outflow was 293,967,919.88 CNY, resulting in a net cash outflow of -94,575,095.82 CNY[26] Assets and Liabilities - The total assets decreased by 8.46% to CNY 2,175,470,835.78 from CNY 2,376,648,307.18 at the end of the previous year[4] - Current liabilities decreased to CNY 946,892,516.56, down 20.6% from CNY 1,193,224,206.52[19] - Long-term liabilities increased to CNY 464,278,336.00, up 11.1% from CNY 417,672,046.18[19] - The company’s contract liabilities decreased by 43.98% to CNY 99,439,789.70, reflecting the completion of certain overseas projects[8] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,584[11] - Guangzhou Hengmao Investment Partnership holds 15.30% of shares, totaling 36,705,964 shares, with 9,565,000 shares pledged[12] - The number of shares held by the top 10 unrestricted shareholders includes 36,705,964 shares held by Guangzhou Hengmao Investment Partnership[12] Operational Efficiency - The company is focused on enhancing its financial stability and operational efficiency in the upcoming quarters[12] - The company plans to continue expanding its market presence and developing new technologies[12] - Research and development expenses increased to CNY 18,291,730.24, compared to CNY 14,805,257.42 in the previous year, reflecting a growth of 23.5%[21] Investment and Income - The company experienced a 55.84% increase in credit impairment losses, amounting to CNY -6,854,201.80, compared to CNY 15,521,016.59 in the previous year[9] - The company’s investment income surged by 1662.86% to CNY 1,099,375.46 from CNY 70,344.00 in the previous year, indicating improved performance from associated enterprises[9] - The company reported an investment income of CNY 1,099,375.46, compared to a loss of CNY 70,344.00 in the previous year[22] Inventory and Receivables - Accounts receivable decreased to ¥652,207,895.87 from ¥662,662,758.12, a decline of about 1.8%[17] - Inventory increased to ¥447,741,556.48 from ¥395,335,920.95, reflecting an increase of approximately 13.2%[17] - The company’s prepayments decreased to ¥39,571,397.80 from ¥95,374,657.94, a decline of approximately 58.5%[17] Borrowings and Debt Structure - The long-term borrowings increased by 73.97% to CNY 131,063,692.91 from CNY 75,337,821.40 at the beginning of the year, indicating a strategy to improve the debt structure[8]