Airport Corp(SH:600463)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥128,412,269.43, representing a decrease of 26.86% compared to the same period last year [3] - The net profit attributable to shareholders was -¥40,345,374.97, a significant decline of 688.13% year-over-year [3] - Basic and diluted earnings per share were both -¥0.1345, reflecting a decrease of 686.55% year-over-year [3] - The company experienced a 484.64% decrease in operating profit, mainly due to increased losses in the construction segment [5] - The total profit decreased by 511.32%, attributed to the increased losses in the construction segment [5] - Net profit for Q1 2023 was a loss of CNY 50,888,277.52, compared to a loss of CNY 6,460,937.28 in Q1 2022, indicating a significant decline in profitability [16] Cash Flow and Liquidity - The net cash flow from operating activities was -¥18,095,694.49, an increase of 78.67% compared to the previous year [3] - The company reported cash and cash equivalents of ¥93,851,855.20 as of March 31, 2023, down from ¥155,017,256.65 at the end of 2022, representing a decrease of approximately 39.5% [10] - The company reported a decrease in cash received from operating activities, totaling CNY 107,422,261.33 in Q1 2023, down from CNY 122,012,206.88 in Q1 2022 [18] - The company incurred a net cash outflow from investing activities of CNY 2,038,876.93 in Q1 2023 [19] - The net cash flow from financing activities was negative CNY 39,049,514.41 in Q1 2023, compared to a positive CNY 25,954,483.44 in Q1 2022 [19] - The company experienced a net decrease in cash and cash equivalents of -56,045,677.08 RMB in Q1 2023, compared to -16,741,560.26 RMB in Q1 2022, indicating liquidity challenges [27] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,513,315,154.52, down 1.86% from the end of the previous year [3] - Total liabilities as of Q1 2023 were CNY 1,375,905,148.83, slightly up from CNY 1,372,695,499.42 in the previous year [12] - The total equity attributable to shareholders of the parent company was CNY 1,147,422,468.97, down from CNY 1,187,767,843.94 in Q1 2022 [12] - The total current assets amounted to ¥1,629,742,624.13, slightly down from ¥1,662,198,405.97, indicating a decrease of approximately 2.0% [10] - The total cash outflow from operating activities was 13,721,094.20 RMB, down from 24,671,896.65 RMB in the previous year, indicating a reduction in operational expenses [26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,529 [9] - The company has a significant shareholder concentration, with the top 10 shareholders holding 49.32% and 15.45% of shares respectively [9] Operational Insights - The company is actively monitoring its financial health and has not reported any significant changes in its operational strategies for the upcoming quarters [10] - The company has not disclosed any new product developments or market expansion strategies in the current report [10] - The company incurred financial expenses of CNY 8,064,974.60 in Q1 2023, compared to CNY 6,744,341.02 in Q1 2022, reflecting increased financial costs [15]