江天化学(300927) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥191,495,027.31, a decrease of 0.69% compared to ¥192,823,700.32 in the same period last year[4] - Net profit attributable to shareholders was ¥22,822,001.97, down 3.95% from ¥23,761,074.89 year-on-year[4] - In Q1 2023, the company's net profit was CNY 22,822,001.97, a decrease of 3.94% compared to CNY 23,761,074.89 in Q1 2022[21] - Operating profit for Q1 2023 was CNY 30,260,350.02, down from CNY 31,552,462.99 in the same period last year, reflecting a decline of 4.07%[21] - The total profit for Q1 2023 was CNY 30,246,512.45, a decrease of 3.92% from CNY 31,556,892.99 in Q1 2022[21] - The company reported a tax expense of CNY 7,424,510.48, down from CNY 7,795,818.10 in the same quarter last year[21] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.1581, down from CNY 0.1646 in Q1 2022[22] Cash Flow and Liquidity - The net cash flow from operating activities surged by 1,655.33% to ¥19,212,911.99, compared to ¥1,094,546.39 in the previous year[4] - The company's cash and cash equivalents decreased to CNY 183,325,410.40 from CNY 304,825,221.45 at the beginning of the year, representing a decline of 39.8%[16] - The cash and cash equivalents at the end of Q1 2023 stood at CNY 183,325,410.40, compared to CNY 176,310,881.70 at the end of Q1 2022[25] - The company reported a net cash outflow from investing activities of CNY -140,620,266.01, a significant increase from CNY -9,775,138.07 in the previous year[25] Assets and Liabilities - Total assets increased by 3.17% to ¥819,418,145.97 from ¥794,275,427.11 at the end of the previous year[4] - The total assets as of March 31, 2023, amounted to CNY 819,418,145.97, compared to CNY 794,275,427.11 at the beginning of the year, marking a growth of 3.2%[18] - The total liabilities increased to CNY 159,452,026.12 from CNY 157,261,874.04, a rise of 1.4%[18] - The company's retained earnings increased to CNY 250,950,763.63 from CNY 228,128,761.66, reflecting a growth of 9.9%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,935[9] - The largest shareholder, Nantong Industrial Holding Group Co., Ltd., holds 37.53% of the shares[10] Government Support and Projects - The company received government subsidies amounting to ¥85,221.92 during the reporting period[5] - The company has successfully obtained various approvals for the "South District Project," which is aimed at enhancing safety and environmental standards[13] - The company acquired land use rights for a new project in Nantong, furthering its expansion strategy[14] Operating Costs - Total operating costs for Q1 2023 were CNY 160,844,793.97, down from CNY 161,730,954.00 year-on-year[20] - Accounts receivable increased to CNY 71,672,589.98 from CNY 61,225,113.38, reflecting a growth of 17.9%[16] - Inventory rose to CNY 56,595,071.91 from CNY 52,582,270.86, indicating an increase of 7.6%[16] Return on Equity - The weighted average return on equity decreased to 3.52% from 3.91% year-on-year[4]