ST花王(603007) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥15,497,546.57, representing a decrease of 65.40% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥24,484,220.40, with a basic and diluted earnings per share of -¥0.07[3]. - The net cash flow from operating activities was -¥22,404,885.00, indicating significant cash flow challenges[3]. - The weighted average return on net assets was -9.22%, reflecting poor financial performance[3]. - The company reported a net loss of CNY 374,244,546.39 for Q1 2023, compared to a net loss of CNY 349,760,325.99 in Q1 2022[12]. - In Q1 2023, the company reported a net loss of CNY 25,796,100.78, compared to a net loss of CNY 18,000,257.04 in Q1 2022, representing an increase in loss of approximately 43.5% year-over-year[14]. - The total comprehensive loss attributable to the parent company was CNY -25,796,100.78 in Q1 2023, compared to CNY -18,000,257.04 in Q1 2022, marking an increase in comprehensive loss of approximately 43.5%[15]. - The company reported a basic and diluted earnings per share of CNY -0.07 in Q1 2023, compared to CNY -0.05 in Q1 2022, indicating a worsening in per-share performance[15]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,364,037,152.66, down 4.47% from the previous year-end[3]. - Current assets as of March 31, 2023, totaled CNY 1,187,985,883.69, a decrease from CNY 1,295,703,731.11 as of December 31, 2022[10]. - Total assets decreased to CNY 2,364,037,152.66 as of March 31, 2023, from CNY 2,474,624,246.98 at the end of 2022[12]. - Total liabilities decreased to CNY 2,086,381,785.28 as of March 31, 2023, from CNY 2,193,962,325.38 at the end of 2022[12]. - The company’s equity attributable to shareholders decreased to CNY 276,230,472.32 from CNY 277,925,146.16[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,193[7]. - The largest shareholder, Huawang International Construction Group Co., Ltd., held 38.05% of the shares, amounting to 128,745,000 shares, which are currently pledged[7]. Operating Costs and Expenses - Total operating costs for Q1 2023 were CNY 46,105,804.67, down from CNY 73,971,177.03 in Q1 2022[13]. - The total operating expenses for Q1 2023 were CNY 81,599,707.44, down from CNY 154,250,177.82 in Q1 2022, reflecting a decrease of approximately 47.2%[17]. - Research and development expenses decreased to CNY 779,223.91 in Q1 2023 from CNY 1,264,830.81 in Q1 2022, reflecting a reduction of approximately 38.3%[14]. - The company incurred financial expenses of CNY 14,089,516.61 in Q1 2023, slightly down from CNY 14,314,884.10 in Q1 2022, showing a decrease of about 1.6%[14]. Cash Flow and Investments - Cash and cash equivalents decreased to CNY 17,737,229.67 from CNY 47,521,800.83[10]. - Cash and cash equivalents at the end of Q1 2023 were CNY 5,987,333.59, a significant decrease from CNY 43,976,671.44 at the end of Q1 2022, representing a decline of about 86.4%[18]. - The company's operating cash flow for Q1 2023 was negative at CNY -22,404,885.00, an improvement from the negative CNY -34,150,301.96 in Q1 2022[17]. - The company’s investment activities resulted in a net cash outflow of CNY -6,291,906.14 in Q1 2023, an improvement from CNY -11,023,018.40 in Q1 2022[17]. Restructuring and Financial Challenges - The company entered a pre-restructuring process due to its controlling shareholder being declared bankrupt, which affected its financing capabilities and project execution[5]. - Non-recurring gains and losses for the period included a government subsidy of ¥95,020.85 and a loss from the disposal of non-current assets of -¥10,846.89[4].