长盛轴承(300718) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 258,339,678.21, a decrease of 0.75% compared to CNY 260,302,520.09 in the same period last year[5] - Net profit attributable to shareholders increased by 70.45% to CNY 51,566,253.84 from CNY 30,252,433.75 year-on-year[5] - Basic and diluted earnings per share both rose by 70.00% to CNY 0.17 from CNY 0.10 in the same quarter last year[5] - The net profit for the first quarter of 2023 was CNY 51,206,210.89, representing an increase of 69.5% compared to CNY 30,240,724.90 in the same period last year[21] - Operating profit for the first quarter reached CNY 58,800,818.84, up 65.0% from CNY 35,582,894.39 year-over-year[21] - Total revenue from sales of goods and services was CNY 226,418,503.63, compared to CNY 171,295,551.03 in the prior year, marking a growth of 32.3%[23] - The company reported a total comprehensive income of CNY 50,796,644.53, an increase from CNY 30,228,987.15 in the same quarter last year[21] Cash Flow and Assets - The net cash flow from operating activities improved significantly, reaching CNY 38,778,075.77, compared to a negative cash flow of CNY -57,839,221.04 in the previous year, marking a 167.04% increase[5] - Cash flow from operating activities generated a net amount of CNY 38,778,075.77, a significant improvement from a negative CNY 57,839,221.04 in the previous year[23] - The net cash flow from investing activities was CNY 72,298,543.87, a turnaround from a negative CNY 29,670,927.38 in the same period last year[24] - The company's cash and cash equivalents increased significantly to ¥208,458,477.93 from ¥91,722,083.06, a growth of approximately 127.6%[19] - Cash and cash equivalents at the end of the period totaled CNY 207,489,319.06, compared to CNY 82,426,408.40 at the end of the previous year[24] - Total assets at the end of Q1 2023 were CNY 1,745,113,922.47, reflecting a 3.39% increase from CNY 1,687,889,410.55 at the end of the previous year[5] - Current assets rose to ¥1,102,567,755.23, up from ¥1,050,930,456.04, indicating an increase of about 4.9%[19] Shareholder Structure - The total number of ordinary shareholders at the end of the reporting period was 12,958[11] - The total number of unrestricted shares held by the top 10 shareholders includes 44,550,000 shares held by Sun Wei Qing, representing 1.96% of the total shares[12] - Sun Zhi Hua holds 21,577,695 unrestricted shares, accounting for 1.53% of the total shares[12] - The total number of unrestricted shares held by the top shareholders indicates a significant concentration of ownership, with the top three shareholders holding over 68% of the total shares[12] - The company reported a decrease in restricted shares for Sun Zhi Hua from 75,908,086 to 73,673,086, with 2,235,000 shares released during the period[14] - The total number of restricted shares for Chu Chen Jian decreased from 11,137,500 to 10,020,000, with 1,117,500 shares released[15] - The company has a total of 6,682,500 restricted shares for Cao Yin Chao, with 167,250 shares released during the reporting period[15] - The company plans to release 30% of the restricted shares in the first release period, which is a significant portion of the total restricted shares[15] - The financial report indicates a focus on maintaining shareholder value through strategic share releases and management of restricted shares[17] - The company is actively managing its shareholder structure to ensure compliance with regulatory requirements while maximizing shareholder returns[17] - The overall shareholder structure reflects a strong alignment of interests between management and major shareholders, which is crucial for long-term growth[17] Expenses and Liabilities - Sales expenses increased by 36.03% to CNY 6,488,097.03, attributed to enhanced sales promotion efforts[9] - The company experienced a 6526.60% increase in credit impairment losses, amounting to CNY -2,344,323.73, due to an increase in long-aged receivables[9] - Total liabilities increased to ¥236,401,787.17 from ¥231,064,588.23, showing a growth of approximately 2.9%[20] - Total operating costs decreased to ¥200,441,718.42 from ¥231,848,523.29, reflecting a reduction of approximately 13.5%[20] - Research and development expenses were ¥11,651,755.12, compared to ¥11,137,431.06 in the previous period, marking an increase of about 4.6%[20] - The company's equity attributable to shareholders rose to ¥1,417,690,307.48 from ¥1,365,442,951.55, reflecting an increase of approximately 3.8%[20]