Financial Performance - The company's revenue for Q1 2023 was ¥778,126,632.85, representing a 9.37% increase compared to ¥711,465,076.56 in the same period last year[5] - Net profit attributable to shareholders decreased by 75.95% to ¥1,675,379.08 from ¥6,965,654.46 year-on-year[5] - The net profit margin for Q1 2023 was significantly impacted, with a net profit of ¥1,568,085.98, a decrease of 77.49% compared to the previous year[12] - Total operating revenue for Q1 2023 was CNY 778,126,632.85, an increase of 9.34% compared to CNY 711,465,076.56 in Q1 2022[24] - Net profit for Q1 2023 was CNY 1,568,085.98, a decrease of 77.54% compared to CNY 6,965,654.46 in Q1 2022[25] - The total comprehensive income for the first quarter of 2023 was CNY 1,568,085.98, a significant decrease from CNY 6,965,654.46 in the same period last year[26] - Basic and diluted earnings per share for the first quarter were CNY 0.0069, down from CNY 0.0289 year-over-year[26] Cash Flow and Liquidity - The net cash flow from operating activities improved by 51.71%, reaching -¥63,844,173.50 compared to -¥132,221,715.10 in the previous year[14] - Cash flow from operating activities showed a net outflow of CNY 63,844,173.50, an improvement compared to a net outflow of CNY 132,221,715.10 in the previous year[29] - Cash inflow from operating activities totaled CNY 546,266,041.13, while cash outflow was CNY 610,110,214.63, resulting in a negative cash flow[28] - The company reported cash and cash equivalents at the end of the period amounting to CNY 459,883,677.35, down from CNY 234,948,827.42 year-over-year[29] - The company reported a cash balance of ¥636,937,520.14 at the end of the period, down from ¥695,559,072.74 at the beginning of the year[20] Assets and Liabilities - Total assets increased by 13.85% to ¥2,731,315,950.04 from ¥2,399,106,994.92 at the end of the previous year[5] - Total liabilities rose to CNY 1,650,592,219.35 in Q1 2023, compared to CNY 1,319,865,148.37 in Q1 2022, marking an increase of 25.05%[22] - The company's inventory increased to CNY 420,200,809.96 in Q1 2023 from CNY 389,118,771.65 in Q1 2022, reflecting an increase of 7.99%[22] - The company reported a significant increase in accounts payable, which reached CNY 763,260,369.23 in Q1 2023, compared to CNY 586,234,445.03 in Q1 2022, an increase of 30.16%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,483[16] - The largest shareholder, Juxing Holdings Group, holds 21.15% of shares, totaling 51,000,000 shares[16] - The second-largest shareholder, Qiu Jianping, owns 20.74%, equating to 50,000,000 shares[16] - The top ten shareholders do not have any known relationships or concerted actions among them[16] - The company has a significant portion of its shares held by individual shareholders, with the top three holding over 59% combined[16] Operational Metrics - Accounts receivable surged by 273.73% to ¥619,681,909.56, primarily due to a relaxed credit policy for downstream customers[10] - The company reported a significant increase in prepayments, which rose by 206.75% to ¥15,942,985.60, attributed to higher advance payments for materials[10] - The trading financial assets rose to ¥60,000,000.00 from ¥30,000,000.00, indicating a 100% increase[20] - Research and development expenses for Q1 2023 were CNY 16,913,562.86, down 27.36% from CNY 23,296,489.80 in Q1 2022[25] Financial Expenses and Gains - The financial expenses decreased by 91.43% to -¥228,163.13, mainly due to reduced exchange gains[12] - The company recorded a 99.73% decline in asset disposal gains, down to ¥31,860.93 from ¥11,844,536.00 in the previous year[12] Audit and Reporting - The first quarter report was not audited[30]
新柴股份(301032) - 2023 Q1 - 季度财报