隆华新材(301149) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥828,723,668.90, a decrease of 6.94% compared to ¥890,479,855.73 in the same period last year[5] - Net profit attributable to shareholders increased by 18.33% to ¥40,891,814.53 from ¥34,558,263.82 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 28.63% to ¥43,746,596.22 compared to ¥34,008,414.07 in the previous year[5] - Basic and diluted earnings per share increased by 25.00% to ¥0.1 from ¥0.08 in the same period last year[5] - Total operating revenue for the current period is ¥828,723,668.90, a decrease of 6.95% from ¥890,479,855.73 in the previous period[17] - Total operating costs decreased to ¥780,843,785.63 from ¥850,080,944.35, reflecting a reduction of 8.15%[17] - Net profit for the current period is ¥40,891,814.53, up 18.56% from ¥34,558,263.82 in the previous period[18] - Operating profit rose to ¥49,025,059.44, an increase of 15.96% from ¥42,330,625.63[17] - The total profit for the current period is ¥48,644,747.91, an increase of 16.00% from ¥41,816,607.79[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,954,995,238.89, reflecting a growth of 2.77% from ¥1,902,283,317.45 at the end of the previous year[5] - Current assets totaled CNY 966,339,597.33, down from CNY 1,076,786,256.23 at the start of the year, indicating a decrease of approximately 10.3%[14] - Total liabilities reached CNY 277,146,113.84, compared to CNY 268,132,309.40 at the beginning of the year, showing a slight increase of about 3.7%[15] - The company's equity attributable to shareholders increased to CNY 1,677,849,125.05 from CNY 1,634,151,008.05, marking a growth of approximately 2.7%[15] Cash Flow - The company's cash flow from operating activities was ¥70,309,286.86, a slight decrease of 2.48% from ¥72,094,942.40 in the previous year[5] - Cash flow from operating activities generated a net amount of ¥70,309,286.86, slightly down from ¥72,094,942.40 in the previous period[21] - Cash flow from investment activities showed a net inflow of ¥29,059,352.92, compared to a net outflow of ¥264,226,815.35 in the previous period[21] - The company reported cash and cash equivalents at the end of the period amounting to ¥496,443,065.73, down from ¥615,857,461.09[22] Inventory and Investments - The inventory increased by 38.31% due to a rise in orders, leading to a corresponding increase in safety stock[8] - The company reported a significant increase in construction in progress by 68.48%, attributed to increased investment in ongoing projects[8] - Long-term investments increased to CNY 173,226,835.62 from CNY 131,925,835.62, showing a growth of about 31.2%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,154[10] - The company's retained earnings rose to CNY 564,378,292.93 from CNY 523,486,478.40, representing an increase of approximately 7.8%[15] - Accounts receivable rose to CNY 44,994,254.08 from CNY 35,052,521.29, indicating an increase of about 28.1%[14] - The company reported a total of CNY 136,078,091.45 in contract liabilities, up from CNY 134,635,380.78, reflecting a growth of approximately 1.1%[15] Research and Development - Research and development expenses increased to ¥2,640,253.77, a rise of 32.06% compared to ¥1,999,206.99 in the previous period[17] Return on Equity - The weighted average return on equity improved to 2.47%, up from 2.22% in the previous year[5]