SGC(603269)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 207,352,604.72, representing a decrease of 13.04% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was CNY 2,210,396.07, down 20.58% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 35.52% to CNY 1,953,774.57[5]. - The company experienced a significant decrease in net profit due to reduced operating revenue compared to the previous year[8]. - Total operating revenue for Q1 2023 was ¥207,352,604.72, a decrease of 12.99% compared to ¥238,445,214.51 in Q1 2022[18]. - Net profit for Q1 2023 was ¥1,977,724.80, a decline of 47.96% from ¥3,733,348.88 in Q1 2022[19]. - The total profit for Q1 2023 was ¥4,051,939.78, down 39.56% from ¥6,667,154.04 in Q1 2022[19]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -19,452,788.58, an increase in outflow of 56.57% compared to the previous year[5]. - Cash flow from operating activities showed a net outflow of ¥19,452,788.58 in Q1 2023, an improvement from a net outflow of ¥44,786,872.01 in Q1 2022[23]. - Cash and cash equivalents stood at RMB 353,461,750.11, significantly higher than RMB 230,176,971.07, reflecting an increase of approximately 53.5%[13]. - Cash and cash equivalents at the end of Q1 2023 increased to ¥232,285,899.39, compared to ¥131,019,136.75 at the end of Q1 2022[24]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,861,730,850.15, an increase of 8.31% from the end of the previous year[6]. - As of March 31, 2023, the total assets of Jiangsu Haio Cooling Tower Co., Ltd. amounted to RMB 2,861,730,850.15, an increase from RMB 2,642,046,365.52 as of December 31, 2022, reflecting a growth of approximately 8.3%[13]. - The company's current assets totaled RMB 2,372,767,158.52, up from RMB 2,144,242,860.21, indicating an increase of about 10.6% year-over-year[13]. - The total liabilities of the company reached RMB 1,906,327,718.46, compared to RMB 1,686,650,740.86, which is an increase of approximately 13.0%[15]. - The equity attributable to shareholders was RMB 940,267,902.46, slightly up from RMB 939,907,063.01, showing a marginal increase of about 0.04%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,790[10]. - The top shareholder, Wu Zhuping, held 14,812,500 shares, representing 13.16% of the total shares[10]. Operating Costs and Expenses - Total operating costs for Q1 2023 were ¥203,717,557.33, down 12.52% from ¥232,883,484.84 in Q1 2022[19]. - Research and development expenses decreased to ¥3,554,460.59 in Q1 2023, down 41.56% from ¥6,087,410.98 in Q1 2022[19]. Other Financial Metrics - The weighted average return on net assets was 0.24%, a decrease of 0.08 percentage points compared to the previous year[6]. - The company reported a non-recurring gain of CNY 256,621.50 after tax, primarily due to government subsidies and other non-operating income[8]. - The company reported a basic earnings per share of ¥0.02 for both Q1 2023 and Q1 2022, indicating stability in earnings per share despite the decline in net profit[20]. - The company experienced a foreign exchange loss of ¥1,420,953.96 in Q1 2023, contrasting with a gain of ¥196,769.36 in Q1 2022[24].