Financial Performance - The company's revenue for Q1 2023 was ¥47,651,944.85, a decrease of 52.35% compared to ¥100,012,259.44 in the same period last year[5] - Net profit attributable to shareholders was ¥19,250,395.97, down 55.35% from ¥43,109,539.55 year-on-year[5] - Basic and diluted earnings per share were both ¥0.07, representing a decline of 65.00% compared to ¥0.20 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 47,651,944.85, a decrease of 52.4% compared to CNY 100,012,259.44 in the same period last year[19] - Net profit for Q1 2023 was CNY 19,250,395.97, representing a decline of 55.3% from CNY 43,109,539.55 in Q1 2022[20] Cash Flow - The net cash flow from operating activities decreased by 29.29% to ¥29,782,258.63 from ¥42,120,263.94 in the previous year[5] - Cash inflow from operating activities was CNY 89,457,975.56, a decrease of 25.1% compared to CNY 119,408,476.38 in Q1 2022[23] - The total cash inflow from investment activities was ¥229,140,257.78, while the cash outflow was ¥275,447,546.91, resulting in a net cash flow of -¥46,307,289.13 for the quarter[24] - The cash flow from financing activities showed a net outflow of -¥3,686,206.87, compared to a net inflow of ¥1,403,980.18 in the same period last year[24] - The company reported a significant increase in tax payments, totaling ¥19,694,384.12 in Q1 2023, compared to ¥9,334,199.33 in Q1 2022, reflecting a 110.5% increase[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,402,530,567.06, a slight decrease of 0.04% from ¥2,403,444,628.49 at the end of the previous year[5] - Total liabilities as of the end of Q1 2023 amounted to CNY 54,167,347.06, down from CNY 75,015,327.94 at the end of the previous year[17] - Total current assets decreased slightly to ¥2,286,760,913.92 from ¥2,295,279,435.82 at the beginning of the year[16] - The company has a total non-current asset value of ¥115,769,653.14, up from ¥108,165,192.67 at the beginning of the year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 36,780, with no preferred shareholders having restored voting rights[11] - The largest shareholder, 降扬国际股份有限公司, holds 69.04% of the shares, totaling 195,722,953 shares[11] Operational Metrics - The company reported a significant decrease in trading financial assets by 32.64%, from ¥181,325,438.36 to ¥122,140,191.78[9] - Accounts receivable decreased by 34.06% to ¥68,774,286.49, attributed to a reduction in business volume[9] - The company reported a decrease in inventory from ¥46,901,565.84 to ¥43,457,729.36[16] - Short-term borrowings decreased significantly from ¥4,544,652.98 to ¥1,829,269.55[16] - Accounts payable decreased from ¥30,781,355.95 to ¥25,407,412.12[16] Other Income and Expenses - The company experienced a 310.60% increase in other income, amounting to ¥12,797.60, due to higher government subsidies related to daily activities[9] - The company reported a 191.98% increase in asset impairment losses, totaling -¥3,489,943.33, mainly due to increased inventory write-downs[9] - Research and development expenses for Q1 2023 were CNY 5,925,979.86, slightly up from CNY 5,646,574.89 in the same period last year[20] - Financial expenses for Q1 2023 showed a significant increase, with a net expense of CNY -13,202,969.13 compared to CNY -921,286.55 in Q1 2022[20] Audit Status - The report for Q1 2023 was not audited, which may affect the reliability of the financial data presented[25]
隆扬电子(301389) - 2023 Q1 - 季度财报