Suzhou Longjie(603332)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 195,757,069.48, representing a decrease of 1.70% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 12,489,179.56, with a net profit excluding non-recurring items of CNY -16,037,878.85[5]. - The net profit for Q1 2023 was a loss of CNY 12,489,179.56, compared to a loss of CNY 13,430,782.71 in Q1 2022, indicating an improvement in performance[20]. - The weighted average return on equity was -0.99%, an increase of 0.01 percentage points[5]. - The company's basic and diluted earnings per share for Q1 2023 were both CNY -0.08, unchanged from Q1 2022[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -113,175,926.03[5]. - The company's cash flow from operating activities increased significantly to CNY 206,475,018.62 in Q1 2023, compared to CNY 111,140,680.03 in Q1 2022, representing an increase of approximately 85.73%[22]. - The net cash flow from operating activities was -93.20 million in the previous year, indicating a decline of approximately 21.5%[23]. - The company reported a total cash outflow from operating activities of 241.03 million in the previous year, marking an increase of about 33.2%[23]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 1,473,356,350.24, down 4.73% from the end of the previous year[6]. - The total assets decreased from CNY 1,546,437,545.70 in Q1 2022 to CNY 1,473,356,350.24 in Q1 2023, a decline of approximately 4.73%[16]. - The total liabilities decreased from CNY 277,038,396.90 in Q1 2022 to CNY 216,446,381.00 in Q1 2023, a reduction of about 21.83%[16]. - The company's total equity decreased from CNY 1,269,399,148.80 in Q1 2022 to CNY 1,256,909,969.24 in Q1 2023, a decline of approximately 0.98%[16]. Shareholder Information - The top shareholder, Zhangjiagang Longjie Investment Co., Ltd., holds 51.79% of the shares, totaling 86,240,000 shares[10]. - The total number of ordinary shareholders at the end of the reporting period was 14,359[9]. Government Support and Expenses - The company reported government subsidies recognized in the current period amounting to CNY 51,482.20[7]. - Research and development expenses for Q1 2023 were CNY 7,901,708.47, down from CNY 11,591,246.30 in Q1 2022, a decrease of about 31.06%[19]. Investment Activities - Total cash inflow from investment activities was 489.62 million year-over-year, representing a decrease of about 9.3%[23]. - The net cash flow from investment activities was 178.35 million in the same quarter last year[23]. - The cash flow from investment activities included cash received from investment recovery of 483.00 million, a decrease of approximately 8.9%[23]. Financial Reporting - The company did not apply new accounting standards for the current year, maintaining consistency in financial reporting[24]. - The company has not disclosed any new product developments or market expansion strategies in this report[11].