SD(SH:600626)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,626,619,402.21, representing an increase of 8.22% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 95,171,691.71, compared to a loss of CNY 69,768,200 in the same period last year[6][9]. - Basic and diluted earnings per share were both CNY -0.0859, compared to CNY -0.0630 in the same period last year[9]. - The weighted average return on net assets was -3.10%, down from -2.14% in the previous year[9]. - The company's gross profit margin decreased to -5.5% in Q1 2023 from -3.7% in Q1 2022[20]. - Net loss for Q1 2023 was ¥141,780,549.58, compared to a net loss of ¥98,645,833.33 in Q1 2022, representing a 43.6% increase in losses[20]. - The company reported a total comprehensive loss of ¥118,633,178.56 for Q1 2023, compared to a loss of ¥140,234,642.87 in Q1 2022, showing an improvement of 15.4%[20]. - The company's net profit for Q1 2023 was CNY -77,790,333.44, slightly improved from CNY -79,617,746.96 in Q1 2022[27]. - The net profit for Q1 2023 reached CNY 1,827,413.52, compared to a net loss of CNY 59,708.72 in Q1 2022, indicating a turnaround in profitability[29]. Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 351,763,525.97, worsening from a negative CNY 120,372,700 in the previous year[6]. - Cash inflow from operating activities for Q1 2023 was CNY 3,007,888,231.55, a decrease of 7.67% compared to CNY 3,258,976,044.89 in Q1 2022[22]. - Cash inflow from investment activities totaled CNY 9,728,960.52, down 84.45% from CNY 62,213,481.21 in Q1 2022[23]. - Cash inflow from financing activities increased significantly to CNY 770,368,900.60, compared to CNY 298,922,214.43 in Q1 2022, marking a growth of 157.57%[23]. - The company's cash and cash equivalents decreased to RMB 1,521,454,577.51 from RMB 1,833,724,712.88, representing a decline of about 17.0%[16]. - The company's cash and cash equivalents at the end of Q1 2023 were CNY 1,509,053,246.35, compared to CNY 1,437,621,396.99 at the end of Q1 2022[23]. - The company's cash and cash equivalents at the end of Q1 2023 were CNY 180,339,619.91, down from CNY 248,565,019.06 at the end of Q1 2022[33]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,415,719,498.72, a slight increase of 0.42% from the previous year-end[5]. - Total liabilities as of Q1 2023 were ¥7,225,185,645.56, compared to ¥7,062,861,672.20 at the end of Q1 2022, indicating a 2.3% increase[18]. - The company's total current liabilities were reported at RMB 2,646,000,000.00, with a notable increase in contract liabilities to RMB 519,400,200.75 from RMB 352,519,882.21, reflecting a growth of approximately 47.3%[17]. - The company reported a total non-current asset value of RMB 5,402,116,790.52, a decrease from RMB 5,478,795,191.48, indicating a decline of about 1.4%[17]. - Total equity attributable to shareholders was ¥3,029,744,200.16 in Q1 2023, down from ¥3,111,002,247.11 in Q1 2022, a decrease of 2.6%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,690[10]. - The largest shareholder, Shanghai Shenda (Group) Co., Ltd., held 46.98% of the shares, totaling 520,514,373 shares[11]. - Shareholders' equity attributable to shareholders decreased by 2.61% to CNY 3,029,744,200.16 compared to the previous year-end[5]. Investment and Expenses - Research and development expenses increased to ¥36,387,183.62 in Q1 2023, up from ¥30,605,803.71 in Q1 2022, reflecting a growth of 19.1%[19]. - The company incurred financial expenses of CNY 6,694,491.93 in Q1 2023, a significant increase from CNY 177,892.96 in Q1 2022, primarily due to higher interest expenses[29]. - The tax expenses for Q1 2023 were CNY 640,879.80, a decrease from CNY 755,769.25 in Q1 2022, reflecting improved tax efficiency[29]. Future Plans - The company plans to issue A-shares to a specific group, with a maximum fundraising target of RMB 600 million, which will not exceed 30% of the total share capital prior to the issuance[13]. - The company has received necessary approvals from regulatory bodies for its stock issuance, pending final approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission[14].