兆龙互连(300913) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 327,940,169.90, a decrease of 13.53% compared to CNY 379,240,911.83 in the same period last year[4] - Net profit attributable to shareholders was CNY 15,732,574.91, down 25.14% from CNY 21,016,878.91 year-on-year[4] - Basic earnings per share decreased to CNY 0.0856, down 25.17% from CNY 0.1144 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 327,940,169.90, a decrease of 13.5% compared to CNY 379,240,911.83 in Q1 2022[20] - Net profit for Q1 2023 was CNY 15,732,574.91, representing a decline of 25.4% from CNY 21,016,878.91 in Q1 2022[21] - Earnings per share for Q1 2023 were CNY 0.0856, down from CNY 0.1144 in Q1 2022[22] Cash Flow - The net cash flow from operating activities was CNY 1,283,927.13, a significant decline of 94.45% compared to CNY 23,142,527.59 in the previous year[10] - Cash inflow from operating activities in Q1 2023 totaled CNY 371,027,729.70, a decrease of 12.8% compared to CNY 425,969,296.94 in Q1 2022[24] - Total cash outflow from operating activities amounted to ¥369,743,802.57, down from ¥402,826,769.35 in the previous year[25] - The net cash flow from investing activities was ¥13,240,864.58, a significant improvement from a negative cash flow of ¥16,373,890.20 in Q1 2022[25] - The net increase in cash and cash equivalents for the quarter was ¥12,853,485.11, compared to an increase of ¥6,651,514.73 in Q1 2022[25] - The ending balance of cash and cash equivalents was ¥196,163,558.22, up from ¥125,056,767.39 at the end of Q1 2022[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,172,604,908.41, a decrease of 2.16% from CNY 1,198,479,303.59 at the end of the previous year[5] - Total liabilities as of Q1 2023 were CNY 179,677,004.40, down from CNY 224,101,289.49 in Q1 2022[21] - The company’s total current liabilities decreased from RMB 211,000,000 to RMB 200,000,000, indicating a reduction of approximately 5.19%[18] - The company’s non-current assets totaled RMB 403,288,325.61, a slight increase from RMB 401,132,317.07, reflecting a growth of about 0.54%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,683[12] - The company’s major shareholders include Zhejiang Zhaolong Holding Co., Ltd., which holds 44.90% of the shares, and individual shareholders with significant stakes[14] - The company’s indirect shareholding structure shows that Yao Jinlong holds a total of 41.96% of the company’s shares through various entities[14] Expenses - Total operating costs for Q1 2023 were CNY 314,011,604.45, down 12.6% from CNY 359,253,504.99 in the same period last year[20] - Research and development expenses for Q1 2023 were CNY 11,718,529.27, a decrease of 13.2% from CNY 13,505,235.07 in Q1 2022[21] - Financial expenses increased by 351.26% to CNY 2,304,605.21, primarily due to increased exchange losses from the depreciation of the US dollar against the RMB[10] - Financial expenses increased to CNY 2,304,605.21 in Q1 2023, compared to CNY 510,709.06 in the same period last year[21] Investment Plans - The company plans to invest up to USD 30 million in establishing a production base in Thailand, with funding sourced from its own or self-raised funds[15]