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天铁股份(300587) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥223,249,851.56, a decrease of 41.92% compared to ¥384,357,346.97 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥8,828,075.86, representing a decline of 107.62% from a profit of ¥115,852,371.35 in the previous year[4] - The net cash flow from operating activities was negative at ¥85,493,599.67, a decrease of 813.53% compared to ¥11,981,790.05 in the same period last year[4] - The total comprehensive income for the first quarter was -10,647,460.07 CNY, compared to 115,642,106.60 CNY in the previous period[21] - The company reported a basic and diluted earnings per share of -0.01 CNY, compared to 0.18 CNY in the previous year[21] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥5,019,267,643.00, down 2.03% from ¥5,123,060,050.86 at the end of the previous year[4] - Total liabilities decreased to CNY 1,982,964,411.56 from CNY 2,083,950,449.26, indicating improved financial leverage[17] - Long-term borrowings increased to CNY 891,510,627.77 from CNY 567,720,254.05, suggesting increased leverage for future investments[17] Cash Flow - The net cash flow from financing activities was 146,806,732.22 CNY, a recovery from -135,199,089.94 CNY in the prior year[24] - Cash inflow from operating activities totaled 279,427,462.10 CNY, down from 367,852,159.94 CNY in the same period last year[24] - The cash outflow from financing activities was 258,558,466.04 CNY, compared to 139,995,684.79 CNY in the previous period[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,022[12] - The largest shareholder, Wang Meiyu, holds 9.11% of shares, totaling 98,072,548 shares, with 35,175,000 shares pledged[12] - The top ten shareholders hold a significant portion of shares, with the top three shareholders collectively owning 23.03%[12] Expenses - The company reported a significant increase in financial expenses by 117.95%, primarily due to increased interest expenses from bank loans[8] - Research and development expenses increased to CNY 19,211,551.99 from CNY 16,455,158.66, reflecting a focus on innovation[20] - The company reported a significant increase in sales expenses to CNY 15,427,692.07 from CNY 12,588,521.02, indicating higher marketing efforts[18] Other Financial Metrics - The weighted average return on equity was -0.30%, a decrease of 4.79% from 4.49% in the same period last year[4] - Other income increased by 322.82% in the reporting period, mainly due to an increase in government subsidies received[8] - The company’s total equity decreased slightly to CNY 3,036,303,231.44 from CNY 3,039,109,601.60, reflecting a stable equity position despite losses[17] Investments and Acquisitions - The company acquired a 21.74% stake in Tibet Zhongxin Investment Co., Ltd. on January 6, 2023[13] - The company is in the process of issuing shares to specific investors, with approvals from relevant authorities received in early 2023[13] - The company plans to adjust its 2022 restricted stock incentive plan, including the repurchase and cancellation of certain stocks[13]