瑞丰新材(300910) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter reached ¥624,001,541.41, representing a 57.46% increase compared to ¥396,296,314.31 in the same period last year[20]. - Net profit attributable to shareholders was ¥96,837,012.40, an increase of 87.93% from ¥51,528,931.61 year-over-year[20]. - The net profit after deducting non-recurring gains and losses surged by 291.14%, amounting to ¥88,174,882.44 compared to ¥22,542,951.19 in the previous year[20]. - The basic earnings per share increased to ¥0.65, reflecting a growth of 91.18% from ¥0.34[20]. - Net profit for the current period reached ¥97,603,185.92, a significant increase from ¥51,528,931.61 in the previous period, representing an increase of approximately 89.5%[47]. - Operating profit rose to ¥112,397,869.49, compared to ¥62,656,553.07 in the prior period, marking an increase of about 79.5%[47]. - Total revenue from sales of goods and services reached ¥642,217,663.73, compared to ¥400,999,819.62 in the previous period, indicating a growth of about 60.2%[48]. - Total comprehensive income for the current period was ¥97,222,839.61, compared to ¥51,514,748.38 in the previous period, showing an increase of approximately 88.5%[48]. Cash Flow - The net cash flow from operating activities for Q1 2023 was ¥181,995.55, a significant increase of 100.66% compared to a net outflow of ¥27,683,115.95 in Q1 2022[10]. - The company's cash flow from operating activities turned positive at ¥181,995.55, a significant improvement from a negative cash flow of ¥-27,683,115.95 in the previous year[20]. - Cash flow from operating activities generated a net amount of ¥181,995.55, a recovery from a net outflow of ¥27,683,115.95 in the previous period[49]. Investment and Financing Activities - The net cash flow from investing activities reached ¥122,610,656.05, representing a 334.14% increase from ¥28,242,001.24 in the same period last year[10]. - The net cash flow from financing activities decreased by 69.27% to ¥4,083,325.06, down from ¥13,286,771.62 in Q1 2022, primarily due to reduced bank borrowings and a decrease in related bill guarantees[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,896, with the largest shareholder holding 37.22% of the shares[10]. - The largest shareholder, Guo Chunxuan, held 55,833,133 shares, while China Petroleum & Chemical Corporation held 21,012,000 shares, accounting for 14.01%[10]. Expenses and Costs - Operating costs rose to ¥429,710,439.81, a 43.13% increase compared to ¥300,225,744.02 in the same period last year[37]. - Management expenses increased by 53.70% to CNY 44,820,839.77 in Q1 2023, primarily due to higher employee compensation as the workforce expanded[38]. - Financial expenses rose by 129.00% to CNY 1,320,737.17, mainly due to increased exchange losses from currency fluctuations[38]. - Tax and additional charges surged by 160.97%, reaching ¥4,516,560.87 due to increased sales activities[37]. - The company reported a significant increase in sales expenses, which rose to ¥18,273,787.42 from ¥16,156,566.34, reflecting an increase of about 13.1%[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,323,181,099.13, a decrease of 2.16% from ¥3,396,399,115.35 at the end of the previous year[20]. - The total current assets decreased to CNY 2,435,177,285.22 from CNY 2,558,232,882.54, a decline of 4.81%[44]. - The total liabilities decreased to CNY 442,993,855.01 from CNY 643,674,177.75, a reduction of 31.19%[45]. - The total equity attributable to shareholders increased to CNY 2,860,396,479.61 from CNY 2,738,950,346.61, reflecting a growth of 4.42%[45]. Compliance and Audit - The report confirms that the financial information is true, accurate, and complete, with no significant omissions or misleading statements[16]. - The report has not been audited, as indicated in the quarterly report[18]. - The company has not identified any non-recurring gains as regular gains, ensuring compliance with disclosure regulations[7]. Foreign Exchange and Other Income - The company experienced a foreign exchange loss of ¥1,404,993.00, which was a 57.50% increase in loss compared to ¥892,082.69 in Q1 2022[10]. - Investment income surged by 260.52% to CNY 2,112,243.52, attributed to higher returns from matured structured deposits and financial products[38]. - Other income decreased by 80.15% to CNY 946,324.74, primarily due to a reduction in government subsidies received[38]. - The company reported a 32.62% increase in income tax expenses, amounting to CNY 14,773,430.34, due to higher profits compared to the previous year[38].