盛弘股份(300693) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 reached ¥447,840,327.59, representing an increase of 88.52% compared to ¥237,561,338.63 in the same period last year[7]. - Net profit attributable to shareholders was ¥62,602,245.33, a significant increase of 172.53% from ¥22,970,980.00 year-on-year[7]. - Basic earnings per share rose to ¥0.3050, up 172.56% from ¥0.1119 in the same period last year[7]. - Operating profit for the current period was ¥72,132,835.90, compared to ¥25,023,371.59 in the previous period, indicating a growth of approximately 187.5%[41]. - Comprehensive income for the current period totaled ¥62,653,471.28, compared to ¥22,969,054.54 in the previous period, indicating an increase of about 173%[43]. Cash Flow - The net cash flow from operating activities improved to ¥90,289,533.65, a 285.99% increase from a negative cash flow of ¥48,546,301.00 in the previous year[7]. - Cash flow from operating activities generated a net amount of ¥90,289,533.65, a turnaround from a negative cash flow of ¥48,546,301.00 in the previous period[44]. - Operating cash inflows from operating activities totaled CNY 404,502,036.38, representing a 70.02% increase driven by higher cash receipts from sales[14]. - The net increase in cash and cash equivalents was $99,894,794.04, contrasting with a decrease of $26,778,317.54 in the prior period[46]. - The ending balance of cash and cash equivalents was $384,642,227.42, up from $196,230,932.30[46]. Assets and Liabilities - Total assets increased by 12.65% to ¥2,546,599,024.87 from ¥2,260,720,172.63 at the end of the previous year[7]. - The company's total liabilities increased to RMB 1.39 billion from RMB 1.20 billion, which is a rise of 15.5%[34]. - Accounts receivable rose to RMB 597.79 million, up from RMB 551.42 million, indicating an increase of 8.4%[26]. - Inventory levels increased significantly to RMB 602.23 million from RMB 482.56 million, reflecting a growth of 24.8%[26]. - The company's cash and cash equivalents increased to approximately RMB 441.92 million from RMB 332.51 million, representing a growth of 33%[26]. Research and Development - The company reported a 59.72% increase in R&D expenses, totaling ¥44,612,018.76, compared to ¥27,930,713.63 in Q1 2022[12]. - Research and development expenses for the current period totaled ¥44,612,018.76, compared to ¥27,930,713.63 in the previous period, representing an increase of approximately 59.6%[37]. Other Income and Expenses - The company reported a significant increase in other income, which rose by 852.57% to ¥14,013,996.58, primarily due to VAT refunds[12]. - The company reported a total current assets of approximately RMB 1.99 billion, up from RMB 1.72 billion, reflecting an increase of 15.7%[26]. - Tax expenses for the current period amounted to ¥9,726,138.49, compared to ¥2,147,255.14 in the previous period, reflecting an increase of approximately 352%[41]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,733, with the largest shareholder holding 18.87% of the shares[15]. - The largest shareholder, Fang Xing, holds 38,741,512 shares, while the second-largest shareholder, Sheng Jianming, holds 13,665,164 shares[15]. Financing Activities - The company received $57,703,108.00 in cash from borrowings, an increase from $50,000,000.00[46]. - Total cash inflow from financing activities reached $90,605,002.00, significantly up from $50,000,000.00[46]. - Cash outflow for debt repayment was $50,000,000.00, compared to $30,000,000.00 previously[46]. - Net cash flow from financing activities increased to $36,366,005.10 from $11,246,737.04[46]. Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[20]. - As of the report date, the company has received approval for the issuance of convertible bonds totaling up to RMB 402 million for the construction of a 5GW energy storage equipment project[30]. - The first quarter report was not audited[47].