LNCD(SH:600739)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥2,067,470,409.28, a decrease of 41.91% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥303,528,102.98, representing an increase of 9.90% year-on-year[5]. - The net profit from continuing operations for Q1 2023 was ¥305,943,174.87, a decrease of 39.1% compared to ¥502,052,832.42 in Q1 2022[30]. - The total comprehensive income for Q1 2023 was ¥329,340,903.33, compared to ¥436,639,102.20 in Q1 2022, indicating a decrease of 24.6%[30]. - The total operating revenue for Q1 2023 was ¥2,126,287,199.60, down from ¥3,083,447,353.75 in Q1 2022, reflecting a decline of 30.9%[29]. - The investment income for Q1 2023 increased significantly to ¥436,469,217.04, compared to ¥193,745,727.21 in Q1 2022, representing a growth of 125.5%[29]. - The total sales revenue from goods and services received in Q1 2023 was ¥2,410,052,670.78, down from ¥3,845,759,149.89 in Q1 2022, a decrease of 37.3%[36]. - The total operating costs for Q1 2023 were ¥2,126,287,199.60, down from ¥3,083,447,353.75 in Q1 2022, a decrease of 30.9%[29]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥385,585,423.69, a decline of 261.76% compared to the previous year[5]. - The cash flow from operating activities for Q1 2023 was negative at -¥385,585,423.69, compared to a positive cash flow of ¥238,371,121.05 in Q1 2022[36]. - Cash and cash equivalents as of March 31, 2023, were RMB 5,916,332,513.09, down from RMB 8,661,343,948.37 at the end of 2022, representing a decline of approximately 32%[20]. - The net cash inflow from investment activities for Q1 2023 was ¥331,977,098.02, a decrease from ¥909,534,584.76 in Q1 2022, reflecting a decline of 63.5%[36]. - The net cash flow from investing activities was -1,365,073,812.52 CNY, compared to -563,506,986.98 CNY in the previous year[38]. - The net cash flow from financing activities was -984,088,722.47 CNY, compared to -738,985,901.60 CNY in the previous year[38]. Assets and Liabilities - Total assets at the end of the reporting period were ¥47,483,377,333.89, a decrease of 1.38% from the end of the previous year[7]. - Total liabilities decreased to RMB 14,925,379,248.62 from RMB 15,920,151,988.78, indicating a reduction of about 6%[25]. - Total current assets amounted to ¥13,404,445,003.22 as of December 31, 2022[57]. - Total non-current assets reached ¥34,744,001,483.82, with a slight increase of ¥4,512,327.44 from the previous period[60]. - Total liabilities amounted to ¥15,920,151,988.78, showing a slight increase of ¥4,116,069.54[63]. - Total equity attributable to shareholders was ¥28,708,560,566.74, with a minor adjustment of ¥204,294.96[63]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 71,954[12]. - The top ten shareholders included Shaoguan Gaoteng Enterprise Management Co., Ltd. with a 15.30% stake and Liaoning State-owned Assets Management Co., Ltd. with an 11.11% stake[12]. Research and Development - The research and development expenses for Q1 2023 were ¥44,378,770.68, slightly down from ¥47,298,376.40 in Q1 2022, a decrease of 6.1%[29].