嘉亨家化(300955) - 2023 Q1 - 季度财报

Financial Performance - The company reported a revenue of CNY 215,059,414.62 for Q1 2023, a decrease of 14.80% compared to CNY 252,430,407.65 in the same period last year[4] - Net profit attributable to shareholders was CNY 5,440,914.56, down 67.48% from CNY 16,732,432.89 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 5,093,704.97, reflecting a decline of 68.71% compared to CNY 16,277,944.23 in the previous year[4] - Basic and diluted earnings per share decreased by 70.59%, from CNY 0.17 to CNY 0.05[4] - Total operating revenue for Q1 2023 was CNY 215,059,414.62, a decrease of 14.8% compared to CNY 252,430,407.65 in Q1 2022[24] - Total operating costs for Q1 2023 were CNY 212,451,631.74, down 9.3% from CNY 234,373,717.17 in the same period last year[25] - Net profit for Q1 2023 was CNY 5,440,914.56, a decline of 67.5% compared to CNY 16,732,432.89 in Q1 2022[25] - The total comprehensive income for the first quarter was CNY 5,417,378.91, a decrease from CNY 16,725,741.19 in the previous period, reflecting a decline of approximately 67.6%[26] - Basic and diluted earnings per share for the quarter were CNY 0.05, down from CNY 0.17 in the same period last year, representing a decrease of 70.6%[26] - The company reported a tax refund of CNY 44,489.59, a significant decrease from CNY 6,731,097.71 in the previous year[29] - The company’s other comprehensive income attributable to the parent company was CNY -23,535.65, compared to CNY -6,691.70 in the previous year, indicating a worsening of approximately 251.5%[26] Cash Flow and Assets - The company experienced a 24.59% increase in net cash flow from operating activities, amounting to CNY 17,991,142.68, compared to CNY 14,440,830.58 in the same period last year[4] - The company reported a significant increase in financing cash flow, with a net inflow of CNY 102,070,145.76, compared to a net outflow of CNY 5,928,124.54 in the previous year, marking an increase of 1821.79%[10] - The company reported a cash balance of RMB 138,428,435.85 as of March 31, 2023, compared to RMB 157,264,896.66 at the beginning of the year[20] - Cash inflow from operating activities totaled CNY 259,837,003.92, compared to CNY 312,140,370.72 in the previous year, indicating a decline of about 16.7%[29] - The net cash flow from operating activities was CNY 17,991,142.68, an increase from CNY 14,440,830.58 in the prior year, showing a growth of approximately 24.5%[29] - Cash outflow from investing activities was CNY 138,158,030.49, compared to CNY 68,505,128.76 in the previous year, reflecting an increase of about 102.5%[29] - Cash inflow from financing activities was CNY 160,800,000.00, significantly higher than CNY 32,000,000.00 in the previous year, marking an increase of 403.1%[29] - The net cash flow from financing activities was CNY 102,070,145.76, compared to a negative CNY 5,928,124.54 in the same period last year, indicating a turnaround[29] - The ending balance of cash and cash equivalents was CNY 138,428,435.85, down from CNY 142,276,797.24 in the previous year, a decrease of about 2.0%[29] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,566,392,623.64, an increase of 1.69% from CNY 1,540,374,320.81 at the end of the previous year[4] - Current liabilities decreased to CNY 348,808,700.64 in Q1 2023, down 20.7% from CNY 439,638,624.76 in Q1 2022[22] - Long-term borrowings increased significantly to CNY 202,461,700.00 in Q1 2023, compared to CNY 90,266,700.00 in Q1 2022, reflecting a growth of 124.4%[22] - The company faced a 32.20% decrease in accounts payable, which fell to CNY 158,165,222.88 from CNY 233,272,115.51, due to payments made for construction projects[7] - The company's total assets increased to CNY 1,566,392,623.64 in Q1 2023, up from CNY 1,540,675,084.86 in Q1 2022[22] Research and Development - Research and development expenses increased by 47.88% to CNY 7,256,582.97, up from CNY 4,907,138.69 in the previous year[9] - Research and development expenses rose to CNY 7,256,582.97 in Q1 2023, an increase of 47.8% from CNY 4,907,138.69 in Q1 2022[25] Shareholder Information - The top shareholder, Shanghai Huiying Investment Partnership, holds 4,515,619 shares, representing 4.48% of the total shares[13] - The second-largest shareholder, Fujian Huixin Zhicheng Equity Investment Partnership, holds 2,575,435 shares, representing 2.55% of the total shares[13] - The company has not identified any other related party relationships among the top shareholders[14] - The company’s total restricted shares remain at 55,938,212, with no changes during the reporting period[16] Management and Future Plans - The company approved the conclusion of the "Technology R&D Center Upgrade Project" with surplus funds of RMB 13,527,500 to be permanently supplemented into working capital[17] - The company plans to invest an additional RMB 130,000,000 in the "Cosmetics and Plastic Packaging Container Production Base Construction Project" and extend the completion date to September 23, 2024[18] - The company’s independent directors have expressed clear agreement on the recent financial decisions made by the board[17] - The company’s independent sponsor, Anxin Securities, has issued a no-objection opinion on the recent financial decisions[17] - The company’s financial report indicates a focus on improving the efficiency of fund utilization in ongoing projects[17] - The company is expected to focus on market expansion and new product development in the upcoming quarters, although specific figures were not provided in the report[24]