昊志机电(300503) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥202,116,869.94, a decrease of 11.55% compared to ¥228,519,782.70 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥12,247,282.82, representing a decline of 163.23% from a profit of ¥19,369,841.36 in the previous year[5] - The company's net profit for Q1 2023 was -12,225,841.09 CNY, a significant decrease compared to a net profit of 20,468,764.89 CNY in Q1 2022, representing a decline of approximately 159.8%[23] - Operating profit for Q1 2023 was -16,541,961.54 CNY, compared to an operating profit of 22,742,964.05 CNY in the same period last year, indicating a decline of around 172.7%[23] - The company reported a total comprehensive income of -12,912,505.60 CNY for Q1 2023, down from 16,429,263.91 CNY in Q1 2022, a decline of approximately 178.5%[24] - Basic and diluted earnings per share for Q1 2023 were both -0.04 CNY, compared to 0.06 CNY in Q1 2022, indicating a decrease of 166.7%[24] Cash Flow and Investments - The net cash flow from operating activities increased significantly by 1,054.78% to ¥62,679,422.65, compared to ¥5,427,822.58 in the same period last year[5] - The cash inflow from investment activities was ¥34,630.00, marking a 100% increase, while cash outflow decreased by 32.36% to ¥51,970,413.12[9] - The cash inflow from financing activities decreased by 64.44% to ¥42,071,698.57, primarily due to a reduction in bank loans and financing lease amounts[9] - Cash and cash equivalents at the end of Q1 2023 were 157,832,245.42 CNY, an increase from 149,387,627.56 CNY at the end of Q1 2022, representing a growth of about 5.0%[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,637,767,291.86, a decrease of 2.44% from ¥2,703,777,269.04 at the end of the previous year[5] - The total assets as of March 31, 2023, were CNY 2,637,767,291.86, down from CNY 2,703,777,269.04 at the beginning of the year, a decrease of about 2.4%[20] - Total liabilities decreased to CNY 1,345,624,971.79 from CNY 1,398,722,443.37, reflecting a reduction of approximately 3.8%[20] Revenue Segments - The main spindle business generated sales revenue of CNY 66.64 million, down 33.04% year-on-year[12] - The motion control products segment achieved sales revenue of CNY 106.88 million, an increase of 26.31% year-on-year[13] - The company reported a significant decline in revenue from maintenance and spare parts business, which was CNY 12.69 million, down 42.49% year-on-year[13] Operating Costs and Expenses - Total operating costs for Q1 2023 amounted to CNY 222,404,345.82, an increase of about 5.4% from CNY 210,383,584.94 in the previous year[21] - The company's net profit margin for Q1 2023 was impacted by increased operating costs, with sales expenses rising to CNY 22,083,660.56 from CNY 17,527,789.30, an increase of about 25.5%[21] - Research and development expenses for Q1 2023 were CNY 20,899,134.74, down from CNY 22,449,259.52, indicating a decrease of approximately 6.9%[21] - The company incurred financial expenses of 11,409,941.34 CNY in Q1 2023, up from 8,197,776.84 CNY in Q1 2022, reflecting an increase of approximately 39.5%[23] Shareholder Information - The top ten shareholders hold a total of 86,726,790 shares, representing 28.34% of the total shares[10] - The largest shareholder, Tang Xiuqing, has pledged 37,089,600 shares and has 9,000,000 shares frozen[10] Compliance and Future Plans - The company has established a compliance committee office to enhance compliance management responsibilities[14] - The company plans to adjust the "He Feng Intelligent Manufacturing Base Construction Project" to relocate equipment and purchase new equipment, reducing the total investment from CNY 282.87 million[14]