JSAC(SH:600389)2023-04-17 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,352,672,296.69, representing a decrease of 50.25% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2023 was CNY 123,637,564.73, down 80.86% year-on-year[5]. - The basic earnings per share for Q1 2023 was CNY 0.4163, reflecting an 80.86% decline compared to the previous year[6]. - Total operating revenue for Q1 2023 was ¥1,352,672,296.69, a decrease of 50.2% compared to ¥2,719,079,434.12 in Q1 2022[17]. - Net profit for Q1 2023 was ¥123,622,745.10, a decline of 81.0% compared to ¥651,775,603.73 in Q1 2022[18]. - Total comprehensive income for Q1 2023 was CNY 123,727,009.64, compared to CNY 651,792,919.22 in Q1 2022, indicating a significant decline[19]. - Basic and diluted earnings per share for Q1 2023 were CNY 0.4163, down from CNY 2.1745 in Q1 2022, reflecting a decrease of approximately 81.1%[19]. Cash Flow - The net cash flow from operating activities was CNY 96,813,722.53, a decrease of 72.23% year-on-year[5]. - Net cash flow from operating activities for Q1 2023 was CNY 96,813,722.53, a decrease of 72.8% from CNY 348,590,406.32 in Q1 2022[21]. - Cash inflow from operating activities totaled CNY 1,604,330,193.99 in Q1 2023, down 26.4% from CNY 2,180,216,077.52 in Q1 2022[20]. - Cash outflow from operating activities was CNY 1,507,516,471.46 in Q1 2023, compared to CNY 1,831,625,671.20 in Q1 2022, a decrease of 17.7%[21]. - Net cash flow from investing activities was -CNY 72,697,403.51 in Q1 2023, an improvement from -CNY 401,754,111.30 in Q1 2022[21]. - Net cash flow from financing activities was -CNY 5,753,101.18 in Q1 2023, compared to CNY 20,461,158.32 in Q1 2022, indicating a decrease in cash outflow[21]. - The ending balance of cash and cash equivalents as of March 31, 2023, was CNY 1,945,279,239.01, up from CNY 1,069,685,675.28 at the end of Q1 2022[21]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 6,142,198,492.04, down 5.69% from the end of the previous year[6]. - The company's total assets decreased to ¥6,142,198,492.04 in Q1 2023 from ¥6,513,098,085.61 in Q1 2022, reflecting a reduction of 5.7%[16]. - Total liabilities decreased to ¥2,676,337,349.00 in Q1 2023 from ¥3,200,728,965.79 in Q1 2022, a decline of 16.3%[15]. - Total non-current liabilities amounted to approximately 830.27 million, with long-term borrowings at 602.46 million[26]. - Total liabilities reached approximately 3.20 billion, reflecting a slight decrease of 1.06 million compared to the previous period[26]. - The total liabilities and equity combined were approximately 6.51 billion, consistent with the company's financial strategy[26]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,180[10]. - The top shareholder, Nantong Industrial Holding Group Co., Ltd., holds 28.17% of the shares[10]. - The equity attributable to shareholders increased by 4.64% to CNY 3,463,093,571.42 compared to the end of the previous year[6]. - The company's equity attributable to shareholders increased to ¥3,463,093,571.42 in Q1 2023 from ¥3,309,586,728.58 in Q1 2022, an increase of 4.6%[16]. - The total equity attributable to shareholders was approximately 3.31 billion, with retained earnings at approximately 2.34 billion[26]. - The company reported a slight increase in undistributed profits by approximately 69.29 thousand, reaching 2.34 billion[26]. Research and Development - Research and development expenses for Q1 2023 were ¥42,249,446.03, down 45.5% from ¥77,378,908.59 in Q1 2022[17]. - The company did not report any new product developments or market expansion strategies during this quarter[12]. Accounting and Standards - The company adopted new accounting standards starting in 2023, which may impact financial reporting and asset recognition[22].