中辰股份(300933) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥499.53 million, a decrease of 0.75% compared to ¥503.32 million in the same period last year[5]. - Net profit attributable to shareholders was ¥16.55 million, down 19.29% from ¥20.51 million year-on-year[5]. - Total operating revenue for Q1 2023 was ¥499,528,350.38, a decrease of 0.16% from ¥503,316,197.78 in Q1 2022[23]. - Operating profit for Q1 2023 was ¥17,018,588.59, compared to ¥20,621,838.00 in Q1 2022, reflecting a decline of 17.5%[24]. - Net profit for Q1 2023 was ¥16,546,506.69, down 15.0% from ¥19,465,868.88 in Q1 2022[24]. - Earnings per share for Q1 2023 was ¥0.0361, a decrease from ¥0.0447 in the same period last year[25]. Cash Flow - The net cash flow from operating activities improved by 52.17%, reaching -¥136.41 million compared to -¥285.22 million in Q1 2022[5]. - The net cash flow from investing activities was -¥70.02 million, a significant decline of 212.78% from -¥22.39 million in Q1 2022, attributed to increased investments in construction projects[11]. - Operating cash inflow for the current period was $412,791,607.99, down from $472,644,494.56 in the previous period, representing a decrease of approximately 12.5%[28]. - Operating cash outflow totaled $549,206,136.02, compared to $757,865,113.06 in the prior period, indicating a reduction of about 27.5%[28]. - Cash inflow from financing activities was $302,672,730.83, down from $344,788,654.22, a decrease of approximately 12.2%[29]. - Net cash flow from financing activities was -$14,434,674.77, a significant decline compared to a positive $119,436,359.69 in the prior period[29]. Assets and Liabilities - The total assets at the end of Q1 2023 were ¥3.41 billion, a slight decrease of 0.50% from ¥3.43 billion at the end of the previous year[5]. - Non-current assets totaled ¥515,755,340.90, an increase from ¥502,281,048.95 year-over-year[21]. - Total liabilities decreased to ¥1,813,413,785.15 from ¥1,847,271,523.43 in the previous year[21]. - The company reported a decrease in accounts payable to ¥99,866,312.22 from ¥183,430,879.74 year-over-year[21]. - The company's cash and cash equivalents decreased to ¥570,024,513.01 from ¥783,669,024.06 at the beginning of the year, a decline of approximately 27.2%[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 21.721 million[13]. - The largest shareholder, Zhongchen Holdings Co., Ltd., holds 48.80% of shares, totaling 223,750,000 shares[13]. - The total number of shares held by the top ten unrestricted shareholders includes 22,588,000 shares held by Tianjin New Vision[13]. - Tianjin New Vision reduced its shareholding from 5.9073% to 4.9999% due to the dilution from convertible bonds and share sales, totaling 4,160,000 shares[17]. Operational Changes - The company appointed Zhang Qian as the new general manager on January 13, 2023, following the resignation of the previous general manager[16]. - The company plans to adjust the expected completion date of certain IPO fundraising projects to January 21, 2024[15]. Expenses - Financial expenses for Q1 2023 were ¥14.74 million, an increase of 52.07% compared to ¥9.69 million in Q1 2022, primarily due to increased interest expenses from convertible bonds[10]. - Research and development expenses increased to ¥16,342,947.15 from ¥14,230,606.26, indicating a focus on innovation[24]. - The company recorded a 260.37% increase in credit impairment losses, amounting to -¥6.75 million, compared to -¥1.87 million in the previous year[10]. Inventory and Receivables - Accounts receivable increased to ¥1,255,580,813.44 from ¥1,138,582,217.32, representing a growth of about 10.3%[19]. - Inventory rose to ¥696,635,750.88 from ¥670,999,583.19, an increase of approximately 3.8%[19].