QJBIOCH(SH:600796)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 357,819,300.48, representing a decrease of 7.72% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 30,338,975.13, down 14.67% year-on-year[5]. - Total revenue for Q1 2023 was CNY 357,819,300.48, a decrease of 7.7% compared to CNY 387,754,555.29 in Q1 2022[17]. - Operating income for Q1 2023 was CNY 15,159,094.82, compared to CNY 7,450,836.83 in Q1 2022, indicating an increase of 102.4%[17]. - In Q1 2023, the company's net profit was CNY 25,115,818.28, a decrease of 21.5% compared to CNY 31,978,308.44 in Q1 2022[18]. - The total profit for Q1 2023 was CNY 34,425,573.09, down from CNY 38,877,102.89 in the same period last year, reflecting a decline of 11.8%[18]. - Operating profit for Q1 2023 was CNY 26,415,257.01, compared to CNY 38,787,492.82 in Q1 2022, indicating a decrease of 31.9%[18]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 8,609,087.18, a decline of 136.01% compared to the previous year, primarily due to reduced cash recovery from project payments[7]. - Cash flow from operating activities in Q1 2023 was negative at CNY -8,609,087.18, a significant decline from CNY 23,905,233.68 in Q1 2022[20]. - Cash flow from investing activities showed a net outflow of CNY -17,309,858.90 in Q1 2023, compared to CNY -40,457,261.85 in Q1 2022[21]. - The company reported cash and cash equivalents at the end of Q1 2023 amounting to CNY 766,853,465.58, down from CNY 838,751,337.79 at the end of Q1 2022[21]. - The company received CNY 444,243,503.62 in cash from sales of goods and services in Q1 2023, a decrease of 16.1% from CNY 529,403,055.64 in Q1 2022[20]. - Total cash inflow from investment activities in Q1 2023 was CNY 13,001,654.99, significantly lower than CNY 51,653,888.09 in Q1 2022[21]. - The company incurred a total cash outflow of CNY 76,146,470.25 from financing activities in Q1 2023, compared to CNY 67,264,784.46 in Q1 2022[21]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 6,520,649,223.69, a decrease of 2.63% from the end of the previous year[6]. - Total assets as of Q1 2023 amounted to CNY 6,520,649,223.69, a decrease from CNY 6,696,905,336.93 at the end of Q1 2022[16]. - Total liabilities for Q1 2023 were CNY 3,092,312,808.40, down from CNY 3,294,827,608.70 in Q1 2022, reflecting a reduction of 6.1%[15]. - The company's cash and cash equivalents decreased to CNY 1,896,861,749.08 in Q1 2023 from CNY 2,070,203,687.09 in Q1 2022[15]. - The company reported a decrease in accounts payable to CNY 465,783,583.26 in Q1 2023 from CNY 589,958,020.53 in Q1 2022, a decline of 21.1%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,910[9]. - The largest shareholder, Haining Water Investment Group Co., Ltd., held 389,756,986 shares, accounting for 44.98% of total shares[10]. Research and Development - Research and development expenses for Q1 2023 were CNY 6,814,606.71, slightly up from CNY 6,774,895.77 in Q1 2022[17]. - The company did not report any new product developments or market expansion strategies during this quarter[12]. Mergers and Acquisitions - There were no significant mergers or acquisitions reported in the current quarter[12]. Earnings Per Share - Basic and diluted earnings per share remained stable at CNY 0.04 for both Q1 2023 and Q1 2022[19]. Non-Recurring Gains and Losses - The company reported non-recurring gains and losses totaling CNY 6,397,492.69 for the period[7]. Return on Equity - The weighted average return on equity was 1.00%, a decrease of 0.23 percentage points compared to the previous year[6].