宁波色母(301019) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥98,669,730.44, a decrease of 15.27% compared to ¥116,450,796.97 in the same period last year[5] - Net profit attributable to shareholders was ¥19,567,566.59, down 24.25% from ¥25,833,130.24 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 98,669,730.44, a decrease of 15.3% compared to CNY 116,450,796.97 in Q1 2022[22] - Net profit for Q1 2023 was CNY 19,567,566.59, representing a decline of 24.2% from CNY 25,833,130.24 in Q1 2022[23] - Earnings per share for Q1 2023 were CNY 0.16, compared to CNY 0.22 in Q1 2022[23] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥771,764.72, compared to a negative cash flow of ¥6,000,871.92 in the previous year, marking a 112.86% increase[5] - Operating cash inflow for the current period was $121,356,435.90, slightly up from $120,535,714.14 in the previous period, indicating a marginal increase of 0.68%[25] - Cash and cash equivalents at the end of the period decreased to $388,285,704.69 from $465,808,318.64, a decline of approximately 16.6%[26] - The company reported a net cash outflow of $115,919,077.47 for the current period, compared to a net outflow of $63,738,785.01 previously, indicating a worsening cash position[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,130,311,463.93, reflecting a 2.55% increase from ¥1,102,257,668.23 at the end of the previous year[5] - Total liabilities increased to CNY 66,945,434.62 in Q1 2023, up from CNY 58,459,205.51 in Q1 2022[21] - Total equity attributable to shareholders reached CNY 1,063,366,029.31, up from CNY 1,043,798,462.72 year-over-year[21] Operational Changes - The company has adjusted the implementation of its fundraising projects, including the "annual production of 20,000 tons of mid-to-high-end masterbatch project," with a new expected completion date of June 23, 2025[18] - The company appointed Zhu Xihua as the new vice president on February 13, 2023, following the resignation of Hong Yin[16] Investments and Expenses - Research and development expenses for Q1 2023 were CNY 4,741,834.12, compared to CNY 4,276,181.56 in Q1 2022, indicating a 10.9% increase[22] - The company reported a financial income of CNY 1,908,243.19 in Q1 2023, compared to CNY 1,826,802.59 in the previous year[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,549, with the largest shareholder holding 29.82% of the shares[12] - The total number of restricted shares at the end of the period is 63,488,554 shares, unchanged from the beginning of the period[15] Other Financial Metrics - The company's weighted average return on equity decreased to 1.86%, down from 2.59% in the same period last year[5] - The company recorded a significant decrease in other income, which fell by 85.33% to ¥346,034.01, primarily due to the previous year's government subsidies[10] - Total operating costs for Q1 2023 were CNY 77,886,003.03, down 18.8% from CNY 95,881,411.90 in the same period last year[22] Inventory and Prepayments - Inventory at the end of the period was ¥84,143,743.33, up from ¥71,013,717.84, indicating an increase of 18.4%[19] - Prepayments surged by 510.41% to ¥19,908,619.65, mainly due to increased raw material prepayments[10] - The company's prepayments increased significantly to ¥19,908,619.65 from ¥3,261,524.48, representing a growth of 510.5%[19] Financial Reporting - The first quarter report was not audited, which may affect the reliability of the financial data presented[27]