光弘科技(300735) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was approximately ¥688.90 million, a decrease of 35.73% compared to ¥1.07 billion in Q1 2022, mainly due to a reduction in orders[1]. - Total operating revenue for the current period is ¥688,898,454.70, a decrease of 35.7% from ¥1,071,839,373.59 in the previous period[23]. - Net profit for the current period is ¥28,962,041.64, a decline of 58.4% compared to ¥69,623,627.30 in the previous period[25]. - The total profit for the current period is ¥31,931,599.73, down 64.3% from ¥89,435,974.57 in the previous period[25]. - Net profit attributable to shareholders for Q1 2023 was ¥37,026,029.01, down 20.38% from ¥46,503,141.70 in the previous year[38]. - Basic earnings per share for the current period is ¥0.0486, a decrease from ¥0.061 in the previous period[25]. - Basic earnings per share for Q1 2023 were ¥0.0486, a decrease of 20.33% from ¥0.061 in the previous year[38]. - Other comprehensive income after tax for the current period is -¥8,932,998.58, compared to -¥2,622,302.38 in the previous period[25]. Cash Flow and Liquidity - Cash flow from operating activities shows a net outflow of ¥61,197,496.65, contrasting with a net inflow of ¥581,618,321.45 in the previous period[29]. - The net cash flow from operating activities was -¥61,197,496.65, a significant decline of 110.52% compared to ¥581,618,321.45 in the same period last year[38]. - The company's cash and cash equivalents increased to ¥2,120,221,132.87 from ¥1,536,092,367.00, representing a growth of approximately 38%[15]. - The company's total cash and cash equivalents balance was ¥1,376,649,810.16 at the end of Q1 2023, compared to ¥1,335,373,206.02 at the end of the previous year[38]. - The net increase in cash and cash equivalents for Q1 2023 was ¥122,192,465.04, compared to an increase of ¥821,026,128.19 in the same period last year[38]. Assets and Liabilities - Total current assets increased to ¥3,677,081,960.88 from ¥3,527,467,135.36, reflecting a growth of approximately 4.23%[15]. - The company's total liabilities rose to ¥1,011,397,775.48 from ¥972,129,053.32, an increase of approximately 4%[16]. - The total equity attributable to shareholders increased to ¥4,612,573,695.38 from ¥4,580,104,374.39, showing a growth of about 0.71%[16]. - The company's total assets at the end of Q1 2023 amounted to ¥5,880,851,708.33, reflecting a 1.09% increase from ¥5,817,519,978.10 at the end of the previous year[38]. Inventory and Borrowings - Inventory increased by 126.68% to approximately ¥364.82 million, attributed to an increase in orders received[1]. - Inventory rose significantly to ¥364,818,949.09 from ¥160,937,369.02, indicating a growth of about 126%[15]. - Short-term borrowings rose by 186.73% to approximately ¥385.33 million, primarily to meet the demand for raw material stocking[1]. - Short-term borrowings increased to ¥385,331,354.76 from ¥134,389,966.67, marking a rise of about 186%[16]. Expenses and Income - The company reported a financial expense reduction of 154.19%, with a financial income of approximately -¥6.18 million, due to increased interest income[1]. - The company recorded a financial expense of -¥6,182,323.48, compared to a financial expense of ¥11,409,501.02 in the previous period, indicating a significant improvement[23]. - Research and development expenses for the current period are ¥22,027,907.95, a reduction of 17.6% from ¥26,763,102.26 in the previous period[23]. - The company's investment income decreased by 130.95% to approximately -¥3.34 million, primarily due to a reduction in purchased financial products[1]. - Other income increased by 40.31% to approximately ¥4.01 million, mainly due to an increase in government subsidies[1]. - The company experienced a 93.45% decrease in credit impairment losses, amounting to approximately ¥438,894, due to a reduction in bad debt provisions for accounts receivable[1]. Strategic Initiatives - The company aims to expand its business into communication equipment and industrial control sectors, leveraging its existing customer base including Huawei and Nokia[11]. - The company plans to enhance its service diversity and improve order acquisition through the integration of KuaiBan Electronics' backplane technology with its SMT business[11]. - The company has become a limited partner in the Jinpu Innovation Phase II Fund, with a commitment to invest, as part of its strategic implementation[10]. - The company acquired 100% equity of KuaiBan Electronics from TTM IOTA LIMITED, enhancing its capabilities in backplane technology, which is crucial for complex electronic systems[11]. Shareholder Information - The number of ordinary shareholders as of the report date was 40,988, with the largest shareholder holding 51.38% of the shares[5]. Audit Information - The company did not undergo an audit for the Q1 report[32].