星徽股份(300464) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥466,738,622.25, a decrease of 20.68% compared to ¥588,406,271.08 in the same period last year[5] - Net profit attributable to shareholders was ¥4,859,127.28, representing a significant increase of 118.09% from a loss of ¥26,860,263.54 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥3,776,903.40, up 112.86% from a loss of ¥29,361,545.89 year-on-year[5] - Basic earnings per share improved to ¥0.0122 from a loss of ¥0.0761, marking a 116.03% increase[5] - Total operating revenue for Q1 2023 was ¥466,738,622.25, a decrease of 20.7% compared to ¥588,406,271.08 in Q1 2022[23] - Net profit for Q1 2023 was ¥5,581,257.09, a significant recovery from a net loss of ¥26,444,739.74 in Q1 2022[24] - The company's gross profit margin improved to 1.5% in Q1 2023, compared to a negative margin in Q1 2022[24] - The total comprehensive income for the first quarter was CNY 11,492,079.94, a decrease of 31,907,125.20 compared to the previous period[25] - The basic and diluted earnings per share were both CNY 0.0122, compared to a loss of CNY 0.0761 in the same period last year[25] Assets and Liabilities - Total assets decreased by 10.16% to ¥2,058,255,627.17 from ¥2,291,024,509.31 at the end of the previous year[5] - The company's total liabilities decreased to ¥1,867,857,667.58 in Q1 2023 from ¥2,119,622,238.14 in Q4 2022, indicating improved financial stability[21] - Total assets decreased to ¥2,058,255,627.17 in Q1 2023 from ¥2,291,024,509.31 in Q4 2022, reflecting a contraction in the asset base[20] Cash Flow - The company's cash flow from operating activities was negative at -¥32,187,136.61, unchanged from the previous year[5] - The net cash flow from operating activities was -CNY 32,187,136.61, reflecting a decrease in cash inflow compared to the previous year[28] - Cash inflow from operating activities totaled CNY 360,189,457.03, while cash outflow was CNY 392,376,593.64[28] - The net cash flow from investing activities was -CNY 8,327,342.51, indicating a cash outflow for investments[29] - The net cash flow from financing activities was -CNY 26,448,938.74, showing a reduction in cash from financing[29] - The ending balance of cash and cash equivalents was CNY 78,833,970.77, down from CNY 146,646,513.49 at the beginning of the period[29] - The company reported a cash balance of 211,083,353.82 RMB at the end of the period, down from 290,411,687.32 RMB at the beginning of the year[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,142[12] - Guangdong Xingye Investment Co., Ltd. holds 21.71% of shares, totaling 80,127,735 shares[12] - The number of shares held by Sun Caijin is 22,813,383, representing 6.18% of the total[12] - The total number of shares with limited sale conditions held by major shareholders includes 17,110,037 shares from Sun Caijin[15] - The company has a total of 57,171,409 shares under equity incentive restrictions[16] - The number of shares held by Chen Huiyin is 8,647,800, with 6,485,850 shares pledged[12] - The company has a total of 80,127,735 shares held by major shareholders through margin trading accounts[13] - The total number of shares held by Wu Maojiang is 17,655,700, representing 4.78% of the total[12] - The company has a total of 1,494,780 shares under performance commitment restrictions from various investment management partnerships[16] Operational Metrics - Inventory decreased by 32.88% to ¥236,143,731.77, primarily due to reduced sales[9] - Accounts receivable increased to ¥324,465,100.63 in Q1 2023 from ¥301,447,478.36 in Q4 2022, indicating a rise in credit sales[20] - Inventory decreased to ¥236,143,731.77 in Q1 2023 from ¥351,819,379.53 in Q4 2022, reflecting improved inventory management[20] - Short-term borrowings increased by 31.92% to ¥319,807,174.15, mainly due to the conversion of some long-term loans to short-term[9] - Short-term borrowings rose to ¥319,807,174.15 in Q1 2023 from ¥242,434,023.00 in Q4 2022, indicating increased financing needs[20] - The company reported R&D expenses of ¥5,606,919.58 in Q1 2023, down from ¥11,879,764.02 in Q1 2022, suggesting a focus on cost control[24] - Research and development expenses decreased by 52.80% to ¥5,606,919.58, reflecting a strategic shift in R&D focus[9] Other Information - The company received government subsidies amounting to ¥2,696,012.88, contributing to an increase in other income by 87.18%[9] - The company did not conduct an audit for the first quarter report[30]