DHGF(SH:600257)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 250,086,468.74, representing a year-on-year increase of 14.19%[4] - The net profit attributable to shareholders was a loss of CNY 9,137,404.94, which is a deterioration of 30.75% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was a loss of CNY 11,199,650.32, reflecting a decline of 25.43% year-on-year[4] - The net loss for Q1 2023 was CNY 1,962,582.84, compared to a net loss of CNY 1,000,000.00 in Q1 2022, indicating a worsening of financial performance[18] - The net profit for Q1 2023 was -7,235,139.22 RMB, compared to -13,072,794.39 RMB in Q1 2022, showing an improvement of approximately 44.5% year-over-year[19] - The total operating profit for Q1 2023 was -1,087,630.25 RMB, a significant decrease from -8,458,869.94 RMB in the same period last year[19] - The company reported a total revenue from sales of goods and services of 286,790,049.11 RMB, up from 265,275,237.37 RMB in Q1 2022, representing a growth of approximately 8.5%[21] - The basic and diluted earnings per share for Q1 2023 were both -0.0190 RMB, an improvement from -0.0274 RMB in Q1 2022[20] - The total comprehensive income attributable to the parent company for Q1 2023 was -9,137,404.94 RMB, an improvement from -13,194,146.45 RMB in Q1 2022[20] Cash Flow and Assets - The net cash flow from operating activities was CNY 9,706,948.72[4] - The company reported a significant decrease in cash flow from investment activities, down 64.59% due to no financial investments made during the period[6] - Cash flow from operating activities generated a net inflow of 9,706,948.72 RMB, a recovery from a net outflow of -57,552,807.28 RMB in Q1 2022[22] - The net cash flow from financing activities was 11,351,611.04 RMB, a turnaround from a net outflow of -36,112,966.30 RMB in Q1 2022[22] - The company's cash and cash equivalents as of March 31, 2023, amounted to CNY 245,208,241.35, compared to CNY 231,449,101.93 at the end of 2022, representing a growth of 5.5%[13] - The cash and cash equivalents at the end of Q1 2023 were 244,771,151.84 RMB, compared to 215,064,915.34 RMB at the end of Q1 2022, indicating an increase of about 13.8%[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,159,956,485.13, a slight decrease of 0.09% from the end of the previous year[5] - The total assets of the company as of March 31, 2023, were CNY 2,159,956,485.13, slightly down from CNY 2,161,876,319.04 at the end of 2022[15] - The total liabilities increased to CNY 1,166,712,784.79 as of March 31, 2023, compared to CNY 1,160,504,202.31 at the end of 2022, reflecting a rise of 0.5%[15] - Shareholders' equity attributable to the parent company was CNY 869,692,972.12, down 1.14% from the previous year-end[5] - The company reported a decrease in retained earnings, with a balance of CNY -228,262,454.62 as of March 31, 2023, compared to CNY -219,125,049.68 at the end of 2022[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 52,169[8] - The largest shareholder, Tibet Hongshan Technology Development Co., Ltd., held 21.74% of the shares, with 51,340,000 shares pledged[8] Operating Costs and Expenses - Total operating costs for Q1 2023 were CNY 252,049,050.98, up from CNY 227,658,563.61 in Q1 2022, reflecting a year-over-year increase of 10.7%[18] - The company incurred total operating expenses of 298,300,099.05 RMB in Q1 2023, down from 340,396,564.94 RMB in Q1 2022, reflecting a reduction of approximately 12.4%[22] - Research and development expenses for Q1 2023 were CNY 214,447.17, significantly higher than CNY 57,003.97 in Q1 2022, marking an increase of 276.5%[18] Other Financial Metrics - The weighted average return on equity was -1.04%, an increase of 0.36 percentage points compared to the previous year[4] - The company recorded an asset disposal loss of 2,440.00 RMB in Q1 2023, compared to a loss of 17,431.33 RMB in Q1 2022[19] - Accounts receivable increased to CNY 148,235,179.44 as of March 31, 2023, from CNY 128,934,683.31 at the end of 2022, indicating a rise of 14.9%[13] - Inventory decreased to CNY 493,205,864.19 as of March 31, 2023, down from CNY 520,826,478.84 at the end of 2022, a decline of 5.3%[13]