锦盛新材(300849) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥50,969,623.03, a decrease of 23.86% compared to ¥66,943,366.32 in the same period last year[4] - The net profit attributable to shareholders was -¥6,960,798.93, representing a decline of 413.90% from ¥2,217,498.29 in the previous year[4] - The gross profit margin for Q1 2023 was 7.07%, down from 19.27% in the same period last year, primarily due to reduced order volumes and underutilization of production capacity[9] - The company reported a gross loss of CNY 8,341,882.98 in operating profit for Q1 2023, compared to a loss of CNY 1,340,259.42 in the same period last year[21] - Total operating revenue for Q1 2023 was CNY 50,969,623.03, a decrease of 23.9% compared to CNY 66,943,366.32 in the same period last year[19] - Total operating costs for Q1 2023 were CNY 62,128,135.25, down 9.5% from CNY 68,495,829.00 year-over-year[19] - Net profit for Q1 2023 was a loss of CNY 6,960,798.93, compared to a profit of CNY 2,217,498.29 in Q1 2022, representing a significant decline[21] - Earnings per share for Q1 2023 were CNY -0.05, down from CNY 0.01 in Q1 2022[21] Cash Flow and Financing - The net cash flow from operating activities decreased by 78.27% to ¥3,883,323.67, down from ¥17,873,152.98 in the previous year[9] - The net cash flow from financing activities was 13,314,155.55 CNY, compared to a negative cash flow of -2,277,852.15 CNY in the previous year[24] - The cash inflow from obtaining loans was 44,300,000.00 CNY, an increase from 30,000,000.00 CNY in the same quarter last year[24] - The cash outflow for debt repayment was 30,000,000.00 CNY, slightly decreased from 31,930,750.00 CNY in the previous year[24] - The net decrease in cash and cash equivalents for the quarter was -8,675,025.47 CNY, compared to -13,665,433.70 CNY in the same quarter last year[24] - The total cash and cash equivalents at the end of the period were 86,218,580.66 CNY, down from 171,030,917.76 CNY year-over-year[24] - The impact of exchange rate changes on cash and cash equivalents was -552,663.42 CNY, compared to -476,410.25 CNY in the previous year[24] Assets and Liabilities - The total assets at the end of Q1 2023 were ¥790,118,249.34, a decrease of 1.16% from ¥799,363,305.72 at the end of the previous year[4] - The company's current assets totaled CNY 341,985,410.98, down from CNY 353,386,122.77 at the start of the year, indicating a decline of approximately 3.4%[16] - The company's short-term borrowings increased to CNY 104,402,225.02 from CNY 90,087,916.67, representing an increase of approximately 15.9%[17] - The total liabilities of the company were CNY 151,802,495.75, down from CNY 154,086,753.20, reflecting a decrease of about 1.5%[17] - The company's total equity attributable to shareholders decreased by 1.08% to ¥638,315,753.59 from ¥645,276,552.52 at the end of the previous year[4] - The owner's equity remained stable at CNY 638,315,753.59, unchanged from the previous period[17] - The company’s contract liabilities increased by 56.47% to ¥8,722,259.81, indicating a rise in customer prepayments[7] - The company reported a total of CNY 8,722,259.81 in contract liabilities, an increase from CNY 5,574,504.51, indicating a growth of approximately 56.5%[17] Expenses - Research and development expenses for Q1 2023 were CNY 2,802,786.95, a decrease of 25.4% from CNY 3,755,498.70 in Q1 2022[19] - The company reported a significant increase in financial expenses, rising 886.10% to ¥921,585.34 due to increased borrowing costs[12] Other Income - The company recorded other income of CNY 585,898.02 in Q1 2023, an increase from CNY 355,893.27 in the same period last year[19] Audit Status - The first quarter report was not audited[25]