Financial Performance - The company's operating revenue for Q1 2023 was CNY 761,277,555.67, representing a year-on-year increase of 1.13%[5] - The net profit attributable to shareholders was a loss of CNY 9,973,303.01, with a net profit excluding non-recurring gains and losses of CNY 10,941,749.98[5] - The net loss attributable to shareholders for Q1 2023 was CNY -253,704,988.90, compared to CNY -243,731,685.89 in Q1 2022, indicating a worsening of approximately 4.2%[15] - In Q1 2023, the company reported a net loss of CNY 10,023,755.47, compared to a net profit of CNY 30,172,249.44 in Q1 2022, representing a significant decline[17] - The total operating profit for Q1 2023 was CNY -8,931,296.69, down from CNY 32,740,531.50 in the same period last year[17] - The basic and diluted earnings per share for Q1 2023 were both CNY -0.0185, compared to CNY 0.0497 in Q1 2022, reflecting a negative shift in profitability[17] - The company reported a total profit of CNY -8,983,914.68 in Q1 2023, a stark contrast to CNY 33,529,437.54 in Q1 2022[17] - The company’s total comprehensive income for Q1 2023 was CNY -10,023,755.47, compared to CNY 30,172,249.44 in the same quarter of the previous year[17] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY 111,815,664.80[5] - Cash flow from operating activities showed a net outflow of CNY -111,815,664.80, slightly improved from CNY -114,052,766.60 in Q1 2022[20] - Cash flow from investing activities resulted in a net outflow of CNY -6,799,705.96, compared to CNY -59,352,540.83 in the previous year, showing a significant reduction in cash outflow[21] - Cash flow from financing activities yielded a net inflow of CNY 231,909,199.51, slightly down from CNY 234,972,662.80 in Q1 2022[21] - The company’s cash and cash equivalents at the end of Q1 2023 totaled CNY 228,761,095.46, down from CNY 257,160,501.59 at the end of Q1 2022[21] - The company's cash and cash equivalents increased to CNY 228,761,095.46 as of March 31, 2023, from CNY 115,467,266.71 at the end of 2022, representing a growth of about 97.8%[12] Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 4,136,152,344.92, an increase of 1.71% compared to the end of the previous year[6] - The total current assets as of March 31, 2023, amounted to CNY 640,539,964.66, compared to CNY 536,051,524.45 as of December 31, 2022, showing an increase of approximately 19.5%[13] - Total liabilities as of March 31, 2023, were CNY 2,119,094,274.04, compared to CNY 2,041,036,541.47 as of December 31, 2022, representing an increase of about 3.83%[14] - Long-term borrowings increased significantly from CNY 340,290,000.00 at the end of 2022 to CNY 628,090,000.00 by March 31, 2023, marking an increase of about 84.5%[14] - The company's total assets reached CNY 4,136,152,344.92 as of March 31, 2023, up from CNY 4,066,477,066.14 at the end of 2022, indicating a growth of approximately 1.71%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,703[9] - The largest shareholder, Leshan State-owned Assets Investment and Operation Group Co., Ltd., held 19.24% of the shares[9] Operational Highlights - The company did not report any new product developments or market expansion strategies during this quarter[11] - Total operating costs for Q1 2023 were CNY 773,094,980.04, up from CNY 725,425,189.07 in Q1 2022, indicating an increase of about 6.54%[16] - The gross profit margin decreased from 3.6% in Q1 2022 to -1.07% in Q1 2023, reflecting a decline in profitability[16] - The inventory level rose to CNY 52,417,033.29 in Q1 2023, compared to CNY 44,193,493.06 in Q1 2022, reflecting an increase of approximately 18.6%[13] - Investment income rose by 33.66%, mainly due to increased returns from associated companies[7] - The company reported a significant increase in cash reserves by 98.12%, attributed to funds allocated for market expansion[7]
乐山电力(600644) - 2023 Q1 - 季度财报