Financial Performance - The company's revenue for Q1 2023 was ¥286,639,002.05, a decrease of 14.67% compared to ¥335,933,455.64 in the same period last year[5] - The net profit attributable to shareholders was -¥10,981,876.75, representing a decline of 210.14% from ¥9,970,872.34 in the previous year[5] - Total operating revenue for Q1 2023 was ¥286,639,002.05, a decrease of 14.7% compared to ¥335,933,455.64 in the same period last year[20] - Net profit attributable to the parent company was -¥10,981,876.75, compared to a profit of ¥9,970,872.34 in Q1 2022, indicating a significant decline[22] - The company reported a total comprehensive loss of -¥11,339,781.72 for Q1 2023, compared to a comprehensive income of ¥9,258,730.39 in the same quarter last year[22] Cash Flow and Liquidity - The net cash flow from operating activities increased by 101.82% to ¥98,299,173.82, compared to ¥48,706,946.30 in the same period last year[5] - Operating cash flow net amount increased to ¥98,299,173.82 from ¥48,706,946.30, showing a growth of 102.9% year-over-year[25] - Cash and cash equivalents at the end of the period were ¥908,866,332.14, slightly down from ¥924,762,485.56 at the end of the previous year[25] - The company experienced a cash outflow from investing activities of -¥21,607,657.47, contrasting with a cash inflow of ¥18,562,350.46 in the previous year[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,263,278,302.57, down 3.53% from ¥2,346,178,436.24 at the end of the previous year[5] - As of March 31, 2023, the total assets of Guangdong Green Precision Components Co., Ltd. amounted to CNY 2,263,278,302.57, a decrease from CNY 2,346,178,436.24 at the beginning of the year[18] - Total current liabilities decreased to CNY 336,438,746.13 from CNY 404,351,793.14, a decline of around 16.7%[19] - The total liabilities of the company decreased to CNY 346,884,545.31 from CNY 418,444,897.26, reflecting a reduction of about 17.1%[19] - The total equity attributable to shareholders decreased to CNY 1,916,393,757.26 from CNY 1,927,733,538.98, a decrease of approximately 0.6%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,173[12] Expenses - The company's financial expenses rose by 171.97% to ¥6,047,300.00, mainly due to exchange losses from fluctuations in the RMB to USD exchange rate[8] - Research and development expenses rose to ¥28,286,132.16, up from ¥27,476,744.66, reflecting a year-over-year increase of 2.9%[20] - The company’s tax expenses for the quarter were ¥755,784.76, compared to a tax benefit of -¥606,924.27 in the same period last year[20] Other Financial Metrics - The company's basic earnings per share were -¥0.03, a decrease of 250.00% from ¥0.02 in the same period last year[5] - The company's weighted average return on equity was -0.57%, down 1.10% from 0.53% in the previous year[5] - The company's contract liabilities increased by 212.57% to ¥27,054,200.00, primarily due to an increase in advance receipts[8] - The company reported a total of CNY 20,850,000.00 in other equity instrument investments, unchanged from the beginning of the year[18] - The company’s long-term assets totaled CNY 644,371,451.71, down from CNY 661,257,975.50 at the beginning of the year[18] - Accounts receivable decreased to CNY 353,065,445.60 from CNY 440,821,152.46, representing a decline of about 20%[18] - Inventory levels decreased to CNY 197,216,091.08 from CNY 237,089,028.20, indicating a reduction of approximately 16.8%[18]
格林精密(300968) - 2023 Q1 - 季度财报