SDHP(SH:603021)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 136,317,355.38, representing a decrease of 17.76% compared to the same period last year[7]. - The net profit attributable to shareholders of the listed company was a loss of CNY 46,198,934.98, down 18.66% year-on-year[7]. - Net loss for Q1 2023 was CNY 46.63 million, compared to a net loss of CNY 36.90 million in Q1 2022, representing a 26.5% increase in losses[20]. - In Q1 2023, the company reported a total comprehensive loss of approximately CNY 46.63 million, compared to a loss of CNY 36.90 million in Q1 2022, indicating a year-over-year increase in losses of about 26.5%[21]. - The basic and diluted earnings per share for Q1 2023 were both CNY -0.14, compared to CNY -0.12 in the same period last year, reflecting a decline in earnings per share[21]. Cash Flow - The net cash flow from operating activities was negative at CNY -3,822,723.28, an increase in outflow of 80.83% compared to the previous year[7]. - Cash inflows from operating activities totaled CNY 143.90 million in Q1 2023, down 13.1% from CNY 165.53 million in Q1 2022[23]. - Cash outflows from operating activities were CNY 147.72 million in Q1 2023, compared to CNY 185.47 million in Q1 2022, resulting in a net cash flow from operating activities of CNY -3.82 million[23]. - The company generated CNY 50.50 million in cash inflows from investment activities in Q1 2023, a decrease from CNY 80.00 million in Q1 2022[23]. - Cash outflows from investment activities were CNY 6.91 million in Q1 2023, compared to CNY 3.14 million in Q1 2022, leading to a net cash flow from investment activities of CNY 43.59 million[23]. - The company raised CNY 25.00 million from financing activities in Q1 2023, significantly lower than CNY 200.15 million in Q1 2022[24]. - Total cash and cash equivalents at the end of Q1 2023 were CNY 72.58 million, up from CNY 18.91 million at the end of Q1 2022[24]. - The company experienced a net cash decrease of CNY 12.65 million in Q1 2023, compared to a decrease of CNY 14.51 million in Q1 2022[24]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 2,209,552,165.37, a decrease of 6.24% from the end of the previous year[8]. - Total current assets decreased to CNY 545.09 million, a decline of 18.3% from CNY 667.09 million[16]. - Total liabilities decreased to CNY 1.74 billion, down 5.5% from CNY 1.84 billion[17]. - Total assets decreased to CNY 2.21 billion, a reduction of 6.2% from CNY 2.36 billion[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,189[12]. - The top shareholder, Shandong Haike Holdings Co., Ltd., held 24.33% of the shares[12]. Research and Development - Research and development expenses decreased by 52.37% due to changes in the scope of equity transfer consolidation from the previous year[9]. - Research and development expenses for Q1 2023 were CNY 2.41 million, a decrease of 52.5% from CNY 5.06 million in Q1 2022[19]. Credit Impairment - The company reported a significant reduction in credit impairment losses by 135.90% due to a decrease in accounts receivable[9]. - The company reported a significant increase in credit impairment losses, with a loss of CNY 233,281.70 compared to a gain of CNY 649,726.71 in Q1 2022[20]. Operational Strategy - The company did not report any new product developments or market expansion strategies during this quarter[14]. - The company plans to continue focusing on operational efficiency and cost control to improve financial performance in the upcoming quarters[25].