无锡振华(605319) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 422.82 million, a decrease of 4.47% compared to CNY 442.62 million in the same period last year[2] - Net profit attributable to shareholders was CNY 38.01 million, an increase of 6.86% from CNY 35.57 million year-on-year[2] - The basic earnings per share for the quarter was CNY 0.16, up from CNY 0.15 in the previous year, reflecting a growth of 6.67%[3] - Total operating revenue for Q1 2023 was ¥422,824,180.76, a decrease of 4.0% compared to ¥442,616,891.14 in Q1 2022[16] - Net profit for Q1 2023 reached ¥38,012,034.58, an increase of 6.6% from ¥35,570,490.96 in Q1 2022[17] - Basic and diluted earnings per share for Q1 2023 were both ¥0.16, compared to ¥0.15 in Q1 2022[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3.74 billion, representing a 5.66% increase from CNY 3.54 billion at the end of the previous year[3] - As of March 31, 2023, total assets amounted to CNY 3,741,918,386.65, an increase from CNY 3,541,401,227.35 as of December 31, 2022, representing a growth of approximately 5.67%[12] - Total liabilities increased to CNY 1,800,079,633.72, compared to CNY 1,600,000,000.00, indicating a growth of approximately 12.50%[13] - Total liabilities as of Q1 2023 amounted to ¥1,935,568,835.42, an increase of 24.7% from ¥1,552,727,710.71 in the previous year[14] Cash Flow - The net cash flow from operating activities was CNY 19.08 million, a significant recovery from a negative cash flow of CNY -124.38 million in the same period last year[2] - Cash flow from operating activities for Q1 2023 was ¥19,082,163.61, a significant improvement from a negative cash flow of ¥119,959,540.88 in Q1 2022[18] - The company reported a net cash inflow from operating activities of ¥492,644,421.71 in Q1 2023, compared to ¥447,030,810.21 in Q1 2022[18] - The net cash flow from investment activities was -121,164,423.53, indicating a significant outflow compared to the previous period's outflow of -69,561,731.77[19] - Cash inflow from financing activities totaled 250,000,000.00, a substantial increase from 40,000,000.00 in the prior period[19] - The net cash flow from financing activities was 81,136,567.72, compared to 24,950,861.11 in the previous period, showing improved financing performance[19] Shareholder Information - The company reported a total of 11,169 common shareholders at the end of the reporting period[7] - The top three shareholders held a combined 65.97% of the company's shares, with Wuxi Junrun Investment holding 29.46%, Qian Ben holding 23.94%, and Qian Jinxiang holding 12.52%[8] Strategic Initiatives - The company completed the acquisition of 100% equity in Wuxi Kaixiang, which was finalized on February 15, 2023, enhancing its market position[3] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[3] - The company is focusing on expanding its market presence and enhancing product development strategies in the upcoming quarters[10] Research and Development - Research and development expenses for Q1 2023 were ¥12,284,389.39, a decrease of 9.6% from ¥13,587,761.96 in Q1 2022[16] Asset Composition - Current assets totaled CNY 1,694,079,633.72, up from CNY 1,566,359,786.36, indicating an increase of about 8.15%[12] - Cash and cash equivalents decreased to CNY 132,154,987.76 from CNY 141,100,679.79, a decline of approximately 6.73%[12] - Accounts receivable decreased to CNY 911,866,162.65 from CNY 972,263,786.40, reflecting a decrease of about 6.21%[12] - Inventory increased to CNY 338,788,930.26 from CNY 305,404,886.79, showing an increase of approximately 10.92%[12] - Short-term borrowings rose significantly to CNY 600,753,611.10 from CNY 370,372,416.65, marking an increase of about 62.00%[13] - Non-current assets totaled CNY 2,047,838,752.93, up from CNY 1,975,041,440.99, representing an increase of about 3.67%[13] - The company reported a total equity of CNY 1,941,838,752.93 as of March 31, 2023, compared to CNY 1,941,401,227.35 at the end of 2022, showing a slight increase of approximately 0.02%[13] Other Information - The company received government subsidies amounting to CNY 2.58 million, which are closely related to its normal business operations[5] - The company did not apply new accounting standards or interpretations for the first quarter of 2023[20]