Mtalco(SH:601677)2023-04-20 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥6,093,314,615.11, representing a decrease of 18.64% compared to the same period last year[3] - Net profit attributable to shareholders was ¥353,683,767.59, down 40.15% year-over-year[3] - The net profit after deducting non-recurring gains and losses was ¥276,599,059.90, a decline of 42.98% compared to the previous year[3] - Basic earnings per share were ¥0.36, down 41.94% from the same period last year[3] - Total operating revenue for Q1 2023 was approximately ¥6.09 billion, a decrease of 18.6% compared to ¥7.49 billion in Q1 2022[32] - Net profit for Q1 2023 was approximately ¥354.31 million, a decline of 43.1% from ¥621.94 million in Q1 2022[32] - The company reported a significant decrease in operating profit to approximately ¥413.36 million in Q1 2023, down 45.0% from ¥753.27 million in Q1 2022[32] - The total comprehensive income for Q1 2023 was approximately ¥338.86 million, down from ¥614.31 million in Q1 2022, indicating a decrease of around 45%[33] Cash Flow and Liquidity - The net cash flow from operating activities was -¥569,285,484.35, a significant decrease of 382.32% year-over-year[3] - Cash inflow from operating activities in Q1 2023 was approximately ¥4.17 billion, a significant decrease from ¥7.66 billion in Q1 2022, representing a drop of about 45%[37] - The cash received from sales of goods and services in Q1 2023 was approximately ¥4.05 billion, down from ¥7.40 billion in Q1 2022, indicating a decrease of about 45%[37] - The company reported a net cash outflow from financing activities of -¥131,298,100.00, compared to -¥12,286,260.00 in the previous year[14] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥18,418,480,169.20, a decrease of 2.83% from the end of the previous year[4] - Total liabilities amounted to ¥5,585,666,330.24, a decrease from ¥6,317,296,339.44 in the previous period[59] - The total current liabilities decreased from CNY 3,836,851,559.91 to CNY 3,183,962,711.63, a decline of approximately 17%[15] - The total equity attributable to shareholders increased to approximately ¥7.95 billion in Q1 2023, compared to ¥7.85 billion in Q1 2022, showing a growth of about 1.1%[36] Shareholder Information - The number of total ordinary shareholders at the end of the reporting period was 47,056[28] - The largest shareholder, Ma Tingyi, holds 15.29% of the shares[28] - Shareholders' equity attributable to the parent company increased by 2.77% to ¥12,540,198,934.58 compared to the end of the previous year[4] Expenses - Total operating costs for Q1 2023 were approximately ¥5.78 billion, down 16.5% from ¥6.93 billion in Q1 2022[32] - Research and development expenses increased to approximately ¥312.57 million in Q1 2023, up 7.7% from ¥290.33 million in Q1 2022[32] - The company reported a decrease in tax expenses to approximately ¥59.04 million in Q1 2023, down from ¥131.22 million in Q1 2022[32] - The company's financial expenses increased to ¥22,607,963.61 in Q1 2023, compared to ¥14,875,968.08 in Q1 2022[59] - The company reported a decrease in sales expenses to ¥2,755,067.14 from ¥1,961,981.39 in Q1 2022, reflecting a strategic cost management approach[59] Non-Recurring Items - The company did not classify any non-recurring gains and losses as regular gains and losses[26] - The company reported non-recurring gains of approximately ¥77.08 million for the current period, primarily from government subsidies and other non-operating income[43] Other Observations - The company did not disclose any new product developments or market expansion strategies during the conference call[30] - The company has not indicated any new product launches or significant market expansion strategies in the provided content[59]