INESA-it(SH:600602)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,107,751,055.79, representing a decrease of 3.11% compared to the same period last year[3]. - The net profit attributable to shareholders of the listed company was CNY 41,665,109.13, down 43.22% year-on-year, primarily due to the disposal of equity in a subsidiary in the same period last year[3][6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 30,356,583.10, an increase of 1,623.88% year-on-year, mainly due to credit impairment provisions in the previous year[3][6]. - The basic and diluted earnings per share were both CNY 0.030, reflecting a decrease of 44.44% compared to the previous year[3]. - The weighted average return on equity was 0.912%, a decrease of 0.722 percentage points year-on-year[3]. - Net profit for Q1 2023 was CNY 39,239,344.99, significantly lower than CNY 102,256,889.93 in Q1 2022, indicating a decline of about 61.6%[21]. - Total comprehensive income attributable to shareholders of the parent company was $41.60 million, compared to $73.36 million, reflecting a decline of 43.3% year-over-year[48]. - Basic and diluted earnings per share were both $0.030, down from $0.054, indicating a decrease of 44.4% year-over-year[48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,024,434,980.85, down 2.68% from the end of the previous year[4]. - Current assets totaled CNY 5,937,204,933.58 as of March 31, 2023, down from CNY 6,185,971,087.58 at the end of 2022, representing a decline of approximately 4%[19]. - The company's total liabilities decreased to CNY 2,252,463,187.47 from CNY 2,487,762,027.96, reflecting a reduction of about 9.5%[19]. - The company's total equity increased to CNY 4,771,971,793.38 as of March 31, 2023, from CNY 4,730,014,651.76 at the end of 2022, reflecting a growth of approximately 0.9%[19]. - Total liabilities amounted to approximately ¥2.49 billion, a marginal increase from ¥2.49 billion in the previous period[30]. Cash Flow - The net cash flow from operating activities was CNY -313,151,954.49, which is not applicable for comparison[3]. - Cash inflow from operating activities was $1.04 billion, an increase from $925.31 million, representing a growth of 12.9% year-over-year[50]. - Cash outflow from operating activities totaled $1.36 billion, slightly down from $1.36 billion, resulting in a net cash flow from operating activities of -$313.15 million, an improvement from -$436.17 million year-over-year[50]. - Cash flow from investing activities showed a net outflow of -$258.78 million, compared to a net inflow of $90.53 million in the previous year[51]. - Cash flow from financing activities resulted in a net outflow of -$28.03 million, a decrease from a net inflow of $18.56 million year-over-year[51]. - The ending balance of cash and cash equivalents was $1.79 billion, down from $1.92 billion, indicating a decrease of 6.7% year-over-year[51]. Shareholder Information - The company had a total of 105,849 common shareholders at the end of the reporting period[12]. - The company has a total of 10 major shareholders, indicating a diverse ownership structure[63]. Government Subsidies and Non-Operating Income - The company received government subsidies amounting to CNY 12,728,337.37, which are related to normal business operations[11]. - The company reported a non-operating income of approximately -¥133,744.51, indicating a loss in other income sources[37]. Research and Development - Research and development expenses for Q1 2023 were CNY 86,663,981.13, slightly lower than CNY 90,941,330.41 in Q1 2022, indicating a decrease of about 4.5%[21]. Compliance and Accuracy - The company confirmed the accuracy and completeness of the financial information in the quarterly report, ensuring compliance with legal requirements[33].