Lanpec(SH:601798)2023-04-17 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥112,170,388.89, representing a year-on-year increase of 67.97%[5] - The net profit attributable to shareholders of the listed company was -¥16,471,627.31, with a basic and diluted earnings per share of -¥0.046[5][6] - The company reported a significant increase in operating costs by 40.19% due to higher revenue, while tax and additional charges surged by 671.90%[11] - Net loss for Q1 2023 was ¥16,488,945.30, an improvement from a net loss of ¥28,002,475.49 in Q1 2022, indicating a reduction of approximately 41%[22] - The company recorded a basic and diluted earnings per share of -¥0.046 in Q1 2023, an improvement from -¥0.079 in Q1 2022[23] Cash Flow - The net cash flow from operating activities was -¥37,496,758.50, indicating a negative cash flow situation[5] - The company reported a net cash outflow from operating activities of ¥37,496,758.50 in Q1 2023, compared to a smaller outflow of ¥1,634,799.90 in Q1 2022[25] - The net cash flow from investment activities was -723,945.00, compared to -207,309.00 in the previous period, indicating a significant increase in cash outflow for investments[26] - Cash inflow from financing activities totaled 110,000,000.00, slightly down from 115,000,000.00 in the previous period[26] - The net cash flow from financing activities improved to 3,410,194.46, compared to a negative 4,994,615.28 in the previous period, showing a positive turnaround[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,880,096,545.25, a slight increase of 1.04% compared to the end of the previous year[6] - The company’s total liabilities increased to CNY 1,428,846,928.50, reflecting a rise in financial obligations[18] - The company has a total of CNY 963,950,760.99 in non-current assets, down from CNY 984,242,578.50 at the end of 2022, a decrease of about 2.9%[18] - Total current liabilities rose to CNY 1,428,846,928.50 from CNY 1,381,082,637.89, indicating an increase of about 3.9%[18] Shareholder Information - The company reported a total of 27,648 common shareholders at the end of the reporting period[14] - The largest shareholder, China Energy Engineering Group Co., Ltd., holds 51.00% of the shares, totaling 180,809,381 shares[14] Inventory and Current Assets - Current assets totaled CNY 1,916,145,784.26, compared to CNY 1,866,318,209.40 at the end of 2022, reflecting a growth of approximately 2.68%[17] - Cash and cash equivalents decreased to CNY 222,886,838.75 from CNY 280,715,834.30, a decline of about 20.6%[17] - Inventory increased significantly to CNY 697,252,788.37, up from CNY 545,300,532.29, representing a growth of approximately 27.8%[17] Future Plans - The company plans to focus on expanding its market presence and enhancing product offerings in the upcoming quarters[1]