润禾材料(300727) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥268,028,531.99, a decrease of 12.44% compared to ¥306,099,172.96 in the same period last year[6] - Net profit attributable to shareholders was ¥15,457,410.12, down 39.53% from ¥25,560,849.46 year-on-year[6] - The basic earnings per share decreased by 40.00% to ¥0.12 from ¥0.20 in the previous year[6] - Total operating revenue for Q1 2023 was CNY 268,028,531.99, a decrease from CNY 306,099,172.96 in the previous period[23] - Net profit for Q1 2023 was CNY 15,457,410.12, compared to CNY 25,560,849.46 in the same period last year, representing a decline of approximately 39.5%[25] - Basic earnings per share for Q1 2023 were CNY 0.12, down from CNY 0.20 in the previous year[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,405,687,721.72, a decrease of 2.64% from ¥1,443,821,168.31 at the end of the previous year[6] - As of March 31, 2023, the total assets of Ningbo Runhe High-tech Materials Co., Ltd. amounted to RMB 1,405,687,721.72, a decrease from RMB 1,443,821,168.31 at the beginning of the year[20] - The company's total liabilities decreased to RMB 562,616,733.32 from RMB 620,034,191.75 at the beginning of the year, indicating a reduction in financial obligations[21] - The cash and cash equivalents decreased significantly from RMB 315,914,745.78 to RMB 127,556,170.49, reflecting a decline of approximately 59.6%[20] - Accounts receivable increased slightly to RMB 224,153,886.72 from RMB 236,525,325.72, showing a decrease of about 5.2%[20] - The company's inventory remained stable, with a slight decrease from RMB 125,209,415.99 to RMB 125,197,447.61[20] Cash Flow - The net cash flow from operating activities was -¥30,581,992.62, a decline of 16.29% compared to -¥26,297,634.41 in the previous year[6] - Cash flow from operating activities for Q1 2023 was negative at CNY -30,581,992.62, compared to CNY -26,297,634.41 in the previous period[27] - Cash inflow from investment activities was CNY 60,943,632.94, while cash outflow was CNY 205,473,540.71, resulting in a net cash flow of CNY -144,529,907.77[27] - The net cash flow from financing activities was -739,121.12 CNY, with total inflows of 20,000,000 CNY and outflows of 10,897,712.55 CNY[28] - The cash and cash equivalents at the end of the period amounted to 111,956,210.75 CNY, down from 288,775,775.50 CNY at the beginning of the period[28] - The net increase in cash and cash equivalents was -176,819,564.75 CNY, indicating a significant decrease in liquidity[28] Equity and Shareholder Information - The total equity of the company increased to RMB 843,070,988.40 from RMB 823,787,976.56, reflecting a growth of approximately 2.3%[21] - The company reported a total equity attributable to shareholders of CNY 843,070,988.40, up from CNY 823,786,976.56[22] - The total number of ordinary shareholders at the end of the reporting period was 13,619[15] - The number of shares outstanding as of the report date was 126,881,849[18] Research and Development - Research and development expenses increased by 36.44% year-on-year, reflecting the company's commitment to enhancing technological innovation[12] - Research and development expenses increased to CNY 14,673,200.55 from CNY 10,754,297.03, indicating a focus on innovation[23] Future Plans - The company plans to expand its market presence and invest in new product development, although specific figures were not disclosed in the report[17] - The company plans to enhance market expansion and product development strategies in the upcoming quarters[25] Other Information - The company issued convertible bonds with a total remaining amount of RMB 292,295,700, with a conversion price of RMB 29.27 per share[18] - The company reported a significant increase of 1,309.73% in trading financial assets due to the purchase of structured deposits[12] - Contract liabilities increased by 68.92%, indicating a rise in advance payments received[12] - The company reported a decrease in short-term borrowings from RMB 1,105,316.30 to zero, indicating a shift in financing strategy[21] - The impact of exchange rate fluctuations on cash and cash equivalents was -968,543.24 CNY, contributing to the overall decrease in cash[28] - The company did not undergo an audit for the first quarter report, indicating that the figures are unaudited[29]