奇德新材(300995) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥60,173,772.76, a decrease of 14.40% compared to ¥70,293,089.42 in the same period last year[5] - Net profit attributable to shareholders decreased by 56.41% to ¥3,159,621.95 from ¥7,247,840.70 year-on-year[5] - Basic and diluted earnings per share fell by 56.45% to ¥0.0375 from ¥0.0861 in the same period last year[5] - Net profit for Q1 2023 was ¥3,162,680.04, down 54.7% from ¥6,997,557.91 in the same period last year[19] - Other income decreased significantly to ¥261,960.83 from ¥1,835,415.55, a drop of 85.7%[18] Cash Flow - The net cash flow from operating activities was negative at -¥8,332,247.48, a decline of 173.24% compared to ¥11,376,772.46 in the previous year[5] - Cash flow from operating activities showed a net outflow of ¥8,332,247.48, compared to a net inflow of ¥11,376,772.46 in Q1 2022[22] - The net cash flow from financing activities was -¥20,253,220.90, compared to -¥47,288,584.38 in the previous year[23] - The cash and cash equivalents at the end of the period amounted to ¥27,267,071.52, down from ¥99,558,253.62 at the beginning of the period[23] - The net increase in cash and cash equivalents was -¥21,631,020.43, contrasting with an increase of ¥17,508,967.88 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥735,809,473.71, down 3.26% from ¥760,609,997.00 at the end of the previous year[5] - Current assets totaled CNY 295,537,711.06, down from CNY 353,970,450.76 at the beginning of the year, reflecting a decrease of approximately 16.5%[15] - Total liabilities decreased to CNY 96,054,499.30 from CNY 124,017,702.63, a reduction of approximately 22.6%[16] - The company's total equity increased slightly to CNY 639,754,974.41 from CNY 636,592,294.37, showing a growth of about 0.2%[16] Operational Metrics - The decrease in net profit was attributed to a decline in sales revenue and reduced government subsidies received[9] - The weighted average return on equity was 0.50%, down from 1.12% in the previous year[5] - The total number of ordinary shareholders at the end of the reporting period was 6,327[11] Investment Activities - Cash inflow from investment activities was ¥92,275,063.26, down from ¥111,728,107.55 in the previous year[22] - Cash outflow for investment activities increased to ¥85,297,349.26 from ¥58,260,849.44, indicating a rise of 46.5%[22] Receivables and Inventory - Accounts receivable rose to CNY 81,293,024.48 from CNY 75,722,322.93, indicating an increase of approximately 7.0%[15] - Inventory decreased to CNY 41,464,873.53 from CNY 42,696,876.93, a decline of about 2.9%[15] - The company reported a significant increase in other receivables, which rose to CNY 10,881,345.63 from CNY 2,879,648.71, reflecting a growth of approximately 278.5%[15] Government Subsidies - The company received government subsidies totaling ¥261,960.83 during the reporting period, which was lower than in the previous year[6]