铂科新材(300811) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 290,653,757.98, representing a 43.53% increase compared to CNY 202,509,702.63 in the same period last year[13] - Net profit attributable to shareholders for Q1 2023 was CNY 65,626,580.15, a significant increase of 103.20% from CNY 32,296,656.36 in Q1 2022[13] - Basic earnings per share for Q1 2023 increased to CNY 0.5973, up 91.75% from CNY 0.3115 in Q1 2022[13] - The company's net profit for Q1 2023 reached ¥65,626,580.15, a 103.20% increase compared to ¥32,296,656.36 in the same period last year[29] - Total operating revenue for Q1 2023 was ¥290,653,757.98, up from ¥202,509,702.63, reflecting significant growth in sales[37] Cash Flow and Liquidity - The net cash flow from operating activities for Q1 2023 was CNY 10,430,593.26, a turnaround from a negative cash flow of CNY -28,668,268.00 in the previous year, marking a 136.38% improvement[13] - The net cash and cash equivalents at the end of Q1 2023 were CNY 128,584,431.96, down from CNY 328,316,556.26 at the end of the previous year[6] - Cash received from sales increased by 104.84% to 194,581,806.30 CNY, attributed to sales growth and improved accounts receivable management[22] - The company received 83,500,000.00 CNY from investment activities, a 108.75% increase compared to the previous year, due to the redemption of financial products[22] - Cash paid for fixed assets decreased by 53.54% to 50,025,509.77 CNY, as the previous year included a significant payment for property[22] Expenses and Costs - Operating costs increased to ¥213,034,911.58 from ¥162,310,300.26, indicating a rise in expenses associated with higher sales volume[37] - Sales expenses for Q1 2023 were CNY 4,570,738.96, up 47.90% from CNY 3,090,443.34 in Q1 2022, primarily due to increased employee compensation and related expenses[17] - Management expenses increased to CNY 16,075,137.00, a 44.35% rise from CNY 11,136,259.28, attributed to higher employee salaries and depreciation[17] - The company's income tax expense increased by 112.42% to ¥13,440,244.27, driven by a rise in total profit[29] - Research and development expenses for Q1 2023 were ¥13,756,714.03, compared to ¥11,142,348.68 in the previous year, highlighting a focus on innovation[39] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 2,288,312,417.67, reflecting a 1.77% increase from CNY 2,248,586,872.34 at the end of the previous year[13] - Total assets increased to ¥2,288,312,417.67, up from ¥2,248,586,872.34, reflecting a growth of approximately 1.8%[43] - Current assets totaled ¥1,240,411,003.18, compared to ¥1,215,763,889.79, indicating an increase of about 2.0%[43] - Total liabilities decreased to ¥590,730,804.28 from ¥619,492,640.04, a reduction of about 4.4%[48] - Long-term borrowings slightly decreased to ¥95,679,857.78 from ¥97,824,953.69, a decline of about 2.2%[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,098[24] - The largest shareholder, Shenzhen Moma New Materials Investment Co., Ltd., holds 26.30% of the shares, totaling 28,899,873 shares[25] - The company's retained earnings increased to ¥677,188,555.83 from ¥611,561,975.68, showing a growth of approximately 10.7%[48] - The total equity attributable to shareholders rose to ¥1,697,581,613.39 from ¥1,629,094,232.30, an increase of about 4.2%[48] Other Financial Metrics - The company reported a decrease in credit impairment losses, with a figure of CNY -220,675.85 compared to CNY 1,550,796.37 in the previous year, indicating improved receivables management[17] - The company reported a net profit of 1,016,652.31 CNY from non-recurring gains and losses, after accounting for a tax impact of 210,649.86 CNY[20] - The company experienced a 28.59% decrease in accounts payable, amounting to 106,030,106.71 CNY, due to reduced payments to suppliers[21] - The company paid 34,558,206.60 CNY in taxes, a 122.99% increase compared to the previous year, indicating higher tax obligations[22] - The company reported a significant decrease in non-operating expenses, which fell by 80.04% to ¥104,980.67, due to reduced asset write-offs[29] Operational Efficiency - The operating profit for Q1 2023 was ¥78,917,569.72, compared to ¥39,150,016.36 in the previous year, indicating improved operational efficiency[39] - The company's gross profit margin improved, with operating costs rising to CNY 171,823,405.05, a 30.46% increase from CNY 131,701,386.49 in the same period last year[17] - Other income rose by 149.69% to ¥917,849.29, primarily due to increased government subsidies received during the reporting period[29] - The company plans to grant 593,000 restricted stocks and 1,387,000 stock options to 455 core employees as part of its incentive plan[34]