长川科技(300604) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥319,997,394.77, a decrease of 40.48% compared to ¥537,645,018.20 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥57,231,822.65, representing a decline of 180.50% from a profit of ¥71,096,853.35 in the previous year[3] - The net cash flow from operating activities was -¥339,133,653.74, which is a 89.59% decrease compared to -¥178,877,187.69 in the same period last year[3] - Basic and diluted earnings per share were both -¥0.10, down 183.33% from ¥0.12 in the previous year[3] - The company reported a decrease in operating income primarily due to reduced sales, which led to a corresponding decrease in costs[7] - The company reported a net loss of CNY 4,569,541.68 in credit impairment losses, compared to a loss of CNY 5,053,712.73 in the previous year[18] - The total comprehensive income for Q1 2023 was -55,032,956.73 CNY, compared to 84,597,154.90 CNY in Q1 2022, indicating a substantial decrease[19] - The gross profit margin for Q1 2023 was not explicitly stated, but the significant drop in net profit suggests challenges in maintaining profitability despite revenue growth[19] Expenses and Costs - Research and development expenses increased by 47.04% to ¥170,322,478.30 from ¥115,833,182.86 in the same period last year[8] - The company reported a significant increase in financial expenses by 1474.87% to ¥8,699,350.80 due to increased loan interest and exchange rate fluctuations[8] - Cash paid for purchasing goods and services rose by 68.36% to ¥604,206,474.66, attributed to increased procurement of raw materials[9] - Employee compensation payments surged by 75.59% to ¥311,965,640.82, driven by workforce expansion and higher salaries[9] - The company incurred operating expenses of 1,002,333,198.93 CNY in Q1 2023, up from 604,880,316.07 CNY in Q1 2022, indicating increased operational costs[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,608,034,846.65, a decrease of 1.77% from ¥4,691,261,983.58 at the end of the previous year[3] - Total liabilities decreased to CNY 1,759,968,721.30 from CNY 1,838,575,123.49, a reduction of 4.3%[17] - The equity attributable to shareholders of the parent company decreased to CNY 2,269,324,541.16 from CNY 2,276,996,225.52, a slight decline of 0.3%[17] Cash Flow and Financing - The company received government subsidies amounting to ¥11,356,006.83 during the reporting period[5] - Cash received from government subsidies increased by 32.66% to ¥15,579,906.84, reflecting enhanced operational support[9] - The company reported a cash inflow from financing activities of 200,350,446.03 CNY, compared to 102,279,941.26 CNY in the same period last year, showing an increase of approximately 96%[21] - The company reported a 156.71% increase in cash received from borrowings, totaling ¥264,286,334.61, indicating a rise in bank loans[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,728, with the largest shareholder holding 23.29%[11] - The company plans to issue 4,920,243 shares to acquire assets, along with raising up to ¥276.7 million in matching funds[13] - The first vesting period of the 2021 restricted stock incentive plan was completed, with a total of 3,615,054 shares vesting, representing 0.5982% of the total share capital[14] Inventory and Receivables - Accounts receivable decreased to CNY 899,480,366.74 from CNY 952,215,677.48, representing a reduction of 5.5%[16] - Inventory increased to CNY 1,730,359,955.58, up from CNY 1,614,513,458.97, indicating a growth of 7.2%[16] Other Information - The company has not disclosed any new product launches or technological advancements in this report, focusing instead on financial performance metrics[22] - The report was not audited, which may affect the reliability of the financial data presented[22]