Financial Performance - The company's operating revenue for Q1 2023 was RMB 1,040,584,663.77, representing a decrease of 5.84% compared to the same period last year[5]. - Net profit attributable to shareholders for the same period was RMB 170,585,929.73, down by 5.69% year-on-year[5]. - Basic earnings per share decreased by 7.69% to RMB 0.12, while diluted earnings per share fell by 15.38% to RMB 0.11[5]. - Total revenue for Q1 2023 was CNY 1,040,584,663.77, a decrease of 5.9% compared to CNY 1,105,078,853.31 in Q1 2022[21]. - Net profit attributable to shareholders for Q1 2023 was CNY 170,585,929.73, a decrease of 5.8% from CNY 180,883,631.36 in Q1 2022[26]. - Basic earnings per share for Q1 2023 was CNY 0.12, compared to CNY 0.13 in Q1 2022[26]. - Research and development expenses for Q1 2023 were CNY 1,109,193.75, significantly lower than CNY 2,844,871.02 in Q1 2022, indicating a reduction of 61.0%[21]. - The company reported a decrease in financial expenses for Q1 2023, totaling CNY 114,262,056.27, compared to CNY 130,733,129.87 in Q1 2022, a reduction of 12.6%[21]. - Other comprehensive income after tax for Q1 2023 was CNY 0, compared to CNY 4,036,347.94 in Q1 2022, indicating a significant decline[25]. Cash Flow and Assets - The net cash flow from operating activities increased by 23.65% to RMB 103,030,599.50[5]. - The company's cash and cash equivalents were RMB 1.27 billion as of March 31, 2023, compared to RMB 1.87 billion at the end of 2022[14]. - The total current assets as of March 31, 2023, were RMB 3.70 billion, down from RMB 4.14 billion at the end of 2022[14]. - The total liabilities as of March 31, 2023, were RMB 14.41 billion, a decrease from RMB 14.86 billion as of December 31, 2022[17]. - The company's short-term borrowings were RMB 501.54 million as of March 31, 2023, compared to RMB 629.45 million at the end of 2022[16]. - The company's intangible assets increased to RMB 11.17 billion as of March 31, 2023, from RMB 10.97 billion at the end of 2022[14]. - The company reported a total of RMB 1.65 billion in accounts receivable as of March 31, 2023, up from RMB 1.51 billion at the end of 2022[14]. - The company's total assets amounted to RMB 22.41 billion, a decrease from RMB 22.68 billion as of December 31, 2022[14]. - The company's total equity as of March 31, 2023, was CNY 7,998,022,054.24, an increase from CNY 7,813,278,861.54 as of December 31, 2022[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,542[9]. - The largest shareholder, Beijing State-owned Assets Management Co., Ltd., holds 42.63% of the shares[10]. - The company issued 23.6 million convertible bonds with a total amount of RMB 2.36 billion, approved by the China Securities Regulatory Commission on February 25, 2022[12]. - The company has cumulative conversions of 91,000 RMB 2.36 billion convertible bonds into A-shares, representing 0.0007% of the total shares issued prior to conversion[12]. Investment and Financing Activities - In Q1 2023, the company received cash from investments totaling CNY 1,200,000 from minority shareholders and CNY 2,360,000,000 from bond issuance[30]. - Cash outflow from investment activities amounted to CNY 235,335,075.11, compared to CNY 399,918,594.12 in Q1 2022[31]. - The net cash flow from financing activities in Q1 2023 was negative CNY 469,181,472.67, a significant decrease from positive CNY 2,365,534,604.95 in Q1 2022[33]. - The total cash inflow from financing activities in Q1 2023 was CNY 122,793,121.97, compared to CNY 2,924,971,450.84 in Q1 2022[30]. - The company paid CNY 484,404,806.59 in debt repayments in Q1 2022, indicating a focus on managing liabilities[33]. Strategic Outlook - The company is not applying new accounting standards for the current fiscal year, which may impact financial reporting[34]. - The company’s cash flow management strategies are under review, given the significant changes in cash positions year-over-year[33]. - Future outlook and strategic initiatives were not explicitly detailed in the provided documents, indicating a need for further analysis[32].
绿色动力环保(01330) - 2023 Q1 - 季度业绩