Financial Performance - The company's revenue for Q1 2023 was ¥130,085,460.27, a decrease of 23.71% compared to ¥170,505,493.81 in the same period last year[5] - Net profit attributable to shareholders was ¥15,998,093.80, down 11.83% from ¥18,145,396.65 year-on-year[5] - Basic earnings per share were ¥0.2180, a decline of 33.94% from ¥0.33 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 130,085,460.27, a decrease of 23.7% compared to CNY 170,505,493.81 in the same period last year[18] - Net profit for Q1 2023 was CNY 15,996,221.87, representing a decline of 11.9% from CNY 18,145,396.65 in Q1 2022[19] - Earnings per share (EPS) for Q1 2023 was CNY 0.2180, down from CNY 0.33 in the previous year[20] Cash Flow - The net cash flow from operating activities decreased by 74.51%, amounting to ¥5,531,641.17 compared to ¥21,700,733.78 in Q1 2022[5] - Cash flow from operating activities generated CNY 5,531,641.17, a significant decrease of 74.5% compared to CNY 21,700,733.78 in Q1 2022[22] - The net cash flow from investment activities was -93,362,101.94 CNY, indicating a significant outflow compared to the previous period[23] - The total cash inflow from financing activities was 0.00 CNY, while the cash outflow was 1,326,431.54 CNY, resulting in a net cash flow of -326,431.54 CNY from financing activities[23] - The net increase in cash and cash equivalents for the quarter was -88,203,768.72 CNY, showing a decline compared to the previous period[23] - The ending balance of cash and cash equivalents was 143,730,343.13 CNY, down from 231,934,111.85 CNY at the beginning of the period[23] - The company did not receive any cash from investments or borrowings during the quarter, reflecting a conservative approach to financing[23] - The cash flow from operating activities was not detailed in the provided data, indicating a potential area for further analysis[23] - The company reported a total cash outflow from investment activities of 284,616,780.02 CNY, highlighting significant investment commitments[23] - The impact of exchange rate changes on cash and cash equivalents was -373,307.95 CNY, contributing to the overall decrease in cash[23] Assets and Liabilities - Total assets increased by 3.31% to ¥1,068,877,541.34 from ¥1,034,671,612.84 at the end of the previous year[5] - Total current assets amount to ¥705,047,356.75, an increase from ¥677,070,113.28 at the beginning of the year, reflecting a growth of approximately 4.3%[15] - Cash and cash equivalents decreased to ¥145,889,085.25 from ¥236,587,148.39, a decline of about 38.3%[15] - Trade receivables increased to ¥105,145,140.14 from ¥83,941,087.07, representing a growth of approximately 25.4%[15] - Inventory levels rose to ¥126,300,379.63 from ¥120,358,241.49, indicating an increase of about 5%[15] - Total liabilities increased to ¥117,830,445.63 from ¥100,613,433.39, reflecting a growth of about 17.1%[16] - The total liabilities increased to CNY 148,662,545.41, up from CNY 131,033,086.63 year-on-year[19] Investments - The company reported a significant increase in prepayments, which rose by 246.67% to ¥3,406,224.00, attributed to increased material and mold purchases[9] - Investment properties surged by 1658.73% to ¥90,094,272.75, indicating a substantial increase in rental properties[9] - The company has made investments in real estate, with investment properties valued at ¥90,094,272.75, up from ¥5,122,693.23[16] - The company recorded investment income of CNY 978,678.08 in Q1 2023, with no investment income reported in the same period last year[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,767[12] - The top three shareholders hold significant stakes: Hu Xinrui at 39.19% (28,766,400 shares), Hu Yunping at 16.13% (11,840,000 shares), and Ding Deping at 13.62% (10,000,000 shares)[12] Other Information - The weighted average return on equity decreased to 1.75% from 4.32% in the previous year, reflecting a decline in profitability[5] - The company experienced a 40.85% increase in selling expenses, totaling ¥1,017,479.63, primarily due to higher travel and business entertainment costs[9] - The company reported a decrease in research and development expenses to CNY 6,209,066.27, down from CNY 7,017,759.98 year-on-year[18] - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the report[14] - Other comprehensive income after tax for Q1 2023 was CNY 580,247.85, compared to a loss of CNY 156,540.38 in the same period last year[19] - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[24] - The company is focusing on managing its cash flow amidst significant investment activities and financing challenges[23]
瑜欣电子(301107) - 2023 Q1 - 季度财报