大唐电信(600198) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥86,769,496.11, representing a decrease of 41.70% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥67,404,169.83, with a basic and diluted earnings per share of -¥0.0513[3]. - Net profit for Q1 2023 was a loss of ¥77,659,794.55, compared to a loss of ¥38,410,245.97 in Q1 2022, representing a 102.9% increase in losses year-over-year[17]. - Total comprehensive income for Q1 2023 was a loss of ¥77,860,604.49, compared to a loss of ¥38,508,080.29 in Q1 2022[17]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.0513, compared to -¥0.0330 in Q1 2022[17]. Cash Flow - The net cash flow from operating activities was ¥760,221.95, down 94.31% year-on-year due to the absence of significant litigation recoveries seen in the previous year[3][6]. - Cash flow from operating activities for Q1 2023 was ¥760,221.95, a significant decrease from ¥13,349,962.11 in Q1 2022[20]. - The net cash flow from investing activities was -$10,046,148.23, indicating a significant outflow compared to the previous period's -$62,334,404.93[21]. - The net cash flow from financing activities was -$95,475,208.44, compared to -$64,794,055.20 in the previous period, reflecting increased cash outflows[21]. - The company experienced a cash decrease of $104,894,171.35 during the quarter, compared to a decrease of $113,870,954.04 in the previous quarter[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,309,658,315.47, a decrease of 6.24% from the end of the previous year[4]. - The company's current assets totaled RMB 1,981,365,334.95, down from RMB 2,189,341,158.17, indicating a decrease of about 9.50%[12]. - The company's total liabilities were RMB 1,596,673,966.73, down from RMB 1,739,040,722.16, indicating a decrease of about 8.19%[14]. - The equity attributable to shareholders decreased to RMB 425,446,501.35 from RMB 492,963,878.19, reflecting a decline of approximately 13.66%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,329[8]. - The largest shareholder, Telecom Science and Technology Research Institute, holds 22.47% of the shares[8]. Government Support - The company received government subsidies amounting to ¥458,905.66, which are closely related to its normal business operations[5]. Operational Strategy - The company plans to address the decline in revenue by focusing on contract management and improving customer engagement strategies[6]. Expenses - Total operating costs for Q1 2023 were ¥138,146,283.85, down 24.4% from ¥182,789,670.55 in Q1 2022[16]. - Research and development expenses decreased to ¥41,637,498.35 in Q1 2023, down 20.2% from ¥52,184,184.13 in Q1 2022[16]. - The company reported an investment loss of ¥25,950,370.78 in Q1 2023, an improvement from a loss of ¥44,697,893.66 in Q1 2022[16]. - The company’s tax expenses for Q1 2023 were ¥24,142.03, a decrease from ¥3,261,625.02 in Q1 2022[16]. Inventory and Receivables - Accounts receivable decreased to RMB 614,419,794.33 from RMB 735,101,960.32, showing a reduction of around 16.43%[12]. - The company's inventory increased to RMB 330,834,676.04 from RMB 314,389,637.53, marking an increase of about 5.24%[12].