博汇股份(300839) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥415.61 million, a decrease of 4.92% compared to ¥437.11 million in the same period last year[6]. - Net profit attributable to shareholders increased by 164.93% to ¥53.87 million from ¥20.34 million year-on-year[6]. - Basic earnings per share rose to ¥0.3065, up 164.91% from ¥0.1157 in the same quarter last year[6]. - Total operating revenue for Q1 2023 was CNY 415,606,727.24, a decrease of 4.3% compared to CNY 437,107,620.88 in Q1 2022[31]. - Net profit for Q1 2023 was CNY 53,874,639.87, representing a significant increase of 164.5% compared to CNY 20,335,064.52 in Q1 2022[33]. - Earnings per share (EPS) for Q1 2023 was CNY 0.3065, up from CNY 0.1157 in the same period last year[34]. Cash Flow - The net cash flow from operating activities was ¥2.02 million, a significant improvement from a negative cash flow of ¥87.32 million in the previous year, marking a 102.31% increase[6]. - The net cash flow from operating activities for the current period is ¥2,015,095.91, a significant improvement from a net outflow of ¥87,323,997.70 in the previous period[37]. - Total cash inflow from operating activities decreased to ¥644,752,916.28, down 14.5% from ¥754,151,267.54 in the previous period[37]. - Cash outflow from operating activities decreased to ¥642,737,820.37, down 23.5% from ¥841,475,265.24 in the previous period[37]. - Cash inflow from investment activities increased to ¥202,700,000.00, up 304.3% from ¥50,113,495.06 in the previous period[37]. - The net cash flow from investment activities is ¥47,989,129.11, an increase from ¥20,783,099.02 in the previous period[37]. - Cash inflow from financing activities totaled ¥262,721,320.75, an increase from ¥239,680,000.00 in the previous period[37]. - The net cash flow from financing activities decreased to -¥148,259,078.87, down from ¥41,650,507.04 in the previous period[37]. - The ending balance of cash and cash equivalents is ¥114,878,617.41, compared to ¥48,486,286.86 in the previous period[37]. - The company received ¥200,000,000.00 from the recovery of investments, a significant increase from ¥50,113,495.06 in the previous period[37]. - The company’s cash outflow for purchasing fixed assets and intangible assets was ¥54,710,870.89, up from ¥29,330,396.04 in the previous period[37]. Assets and Liabilities - Total assets decreased by 4.33% to ¥2.17 billion from ¥2.27 billion at the end of the previous year[6]. - Total assets decreased to CNY 2,172,275,224.23 from CNY 2,270,480,194.19 year-over-year[30]. - Total liabilities decreased to CNY 1,130,492,281.11, down from CNY 1,268,578,848.57 in the previous year[30]. - The company’s cash and cash equivalents decreased from 232.45 million RMB at the beginning of the year to 134.33 million RMB at the end of the reporting period[28]. - The company’s trading financial assets decreased from 205.10 million RMB to 102.84 million RMB during the same period[28]. - The company’s other receivables increased from 211.78 million RMB to 245.91 million RMB[28]. - The company reported a significant reduction in short-term borrowings, which decreased to CNY 456,392,849.66 from CNY 599,994,190.21[30]. - Deferred income tax assets increased to CNY 13,656,442.35 from CNY 3,344,788.77 year-over-year, indicating improved tax asset management[30]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,791[17]. - The largest shareholder, Ningbo Wenkui Holding Group Co., Ltd., holds 52.13% of shares, totaling 91,630,110 shares[17]. - The company repurchased 1,432,049 shares, accounting for 0.81% of the total share capital, with a total transaction amount of 24.78 million RMB[26]. - The company issued 397,000 convertible bonds with a total amount of 39.7 million RMB, which began trading on September 2, 2022[23]. - The company established a wholly-owned subsidiary, Ningbo Boshih Enterprise Management Consulting Co., Ltd., with a registered capital of 3.5 million RMB[25]. Operational Insights - The company reported a 270.07% increase in construction in progress, reaching ¥95.44 million, primarily due to investments in production upgrades and maintenance[12]. - The gross profit margin improved significantly due to expanded procurement channels, leading to a decrease in raw material costs[10]. - The company received government subsidies totaling ¥1.87 million, contributing to the increase in other income[8]. - The company plans to continue expanding its production capabilities and improving operational efficiency in the upcoming quarters[10]. - Research and development expenses were CNY 10,239,873.37, slightly down from CNY 10,300,033.41 in Q1 2022[33]. Governance - The company’s board and supervisory board underwent a re-election process on January 17, 2023[21]. - The company granted 1,015,200 restricted stocks at a price of 10.08 RMB per share to 41 eligible participants[24].