JWGF(002662)2023-04-26 16:00Financial Performance - The company's revenue for Q1 2023 was ¥770,917,900.50, a decrease of 17.51% compared to ¥934,520,056.31 in the same period last year[5] - Net profit attributable to shareholders was ¥60,339,011.38, down 39.76% from ¥100,171,914.19 year-on-year[5] - Basic and diluted earnings per share decreased by 42.86% to ¥0.04 from ¥0.07 in the same period last year[5] - The company experienced a 41.36% decline in operating profit to ¥71,590,679.95, attributed to decreased sales revenue and increased fixed costs[9] - Total operating revenue for Q1 2023 was CNY 770,917,900.50, a decrease of 17.5% compared to CNY 934,520,056.31 in Q1 2022[16] - Net profit for Q1 2023 was CNY 60,339,011.38, representing a decline of 39.8% from CNY 100,171,914.19 in Q1 2022[17] - Earnings per share for Q1 2023 were CNY 0.04, down from CNY 0.07 in Q1 2022[17] Cash Flow - The net cash flow from operating activities increased by 38.85% to ¥158,879,442.41, compared to ¥114,423,558.73 in the previous year[5] - Total cash inflow from operating activities is ¥878,496,098.76, compared to ¥851,540,942.16 in the previous period, reflecting a growth of 3.2%[18] - Cash outflow for purchasing goods and services is ¥381,199,956.84, slightly up from ¥377,008,276.17 in the previous period[19] - The net cash flow from investing activities is -¥62,919,712.38, worsening from -¥43,167,676.14 in the previous period[19] - Cash inflow from financing activities is ¥75,000,000.00, down from ¥135,000,000.00 in the previous period, a decrease of 44.4%[19] - The ending balance of cash and cash equivalents is ¥332,791,151.95, up from ¥243,399,123.56 in the previous period, an increase of 36.8%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,777,401,553.54, a decrease of 2.41% from ¥4,895,389,095.63 at the end of the previous year[5] - The company reported a total current asset of 1,983,421,908.31 RMB, a decrease from 2,070,628,635.47 RMB at the beginning of the year[13] - Accounts receivable decreased to 614,356,310.71 RMB from 798,620,065.77 RMB, indicating a reduction of approximately 23.06%[13] - The total non-current assets amount to 2,441,703,436.43 RMB, with fixed assets valued at 1,829,275,149.72 RMB[13] - The total liabilities for Q1 2023 were CNY 1,011,860,446.97, down from CNY 1,190,187,000.44 in the same period last year[15] - The company's total equity increased to CNY 3,765,541,106.57 from CNY 3,705,202,095.19 year-over-year[15] Research and Development - The company's R&D expenses increased by 31.34% to ¥65,405,764.45, compared to ¥49,797,995.99 in the previous year, reflecting increased investment in new projects[9] - Research and development expenses increased to CNY 65,405,764.45, up 31.4% from CNY 49,797,995.99 in the previous year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 45,256[11] - The largest shareholder, Beijing Zhonghuan Investment Management Co., Ltd., holds 30.40% of shares, totaling 456,000,000 shares, which are pledged[11] Other Income and Expenses - The company reported a 115.27% increase in other income to ¥2,169,752.74, mainly due to increased government subsidies[9] - Total operating costs for Q1 2023 were CNY 692,934,582.21, down 15.5% from CNY 819,404,673.93 in the same period last year[16] - The company reported an investment income of CNY 13,555,762.40, down from CNY 19,390,073.57 in the previous year[16] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[12] - There are no significant mergers or acquisitions reported during this period[12]