CTC(SH:603060)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 468,394,978.85, representing a year-on-year increase of 14.68%[4] - The net profit attributable to shareholders was a loss of CNY 24,165,744.13, with a year-on-year increase in loss of 13.87%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 29,235,939.77, reflecting a year-on-year increase in loss of 14.71%[4] - The net loss for Q1 2023 was ¥35,268,902.51, slightly higher than the net loss of ¥34,106,863.71 in Q1 2022[15] - The total comprehensive income for Q1 2023 was -35,768,045.79 RMB, compared to -33,412,940.93 RMB in Q1 2022, indicating a year-over-year increase in losses of about 7.1%[16] - The net profit attributable to shareholders of the parent company for Q1 2023 was -24,165,744.13 RMB, an improvement from -28,056,691.56 RMB in Q1 2022, representing a decrease in losses of approximately 13.5%[16] Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 106,218,416.65, with a year-on-year decrease of 5.25%[4] - Operating cash inflow for Q1 2023 was 534,287,413.84 RMB, up from 461,656,529.86 RMB in Q1 2022, reflecting a growth of approximately 15.7%[18] - The net cash flow from operating activities for Q1 2023 was -106,218,416.65 RMB, slightly improved from -112,099,956.19 RMB in Q1 2022, showing a reduction in negative cash flow of about 5.2%[18] - Cash and cash equivalents at the end of Q1 2023 totaled 192,873,905.56 RMB, down from 217,650,743.72 RMB at the end of Q1 2022, a decrease of approximately 11.4%[19] - The net increase in cash and cash equivalents for Q1 2023 was -111,260,640.95 RMB, compared to -77,149,944.77 RMB in Q1 2022, indicating a worsening cash position[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,385,298,800.63, a decrease of 0.17% compared to the end of the previous year[4] - Total liabilities amounted to ¥2,014,084,711.33, an increase from ¥1,984,229,584.62 at the end of 2022[13] - Non-current assets totaled ¥2,773,287,889.57 as of March 31, 2023, compared to ¥2,735,101,928.87 at the end of 2022[12] - Short-term borrowings increased to ¥454,326,300.00 from ¥402,112,800.00 at the end of 2022, reflecting a rise of 12.9%[12] - The company reported a decrease in accounts payable to ¥194,549,910.97 from ¥212,144,817.38 at the end of 2022, a decline of 8.3%[12] Shareholder Information - The equity attributable to shareholders at the end of the reporting period was CNY 1,761,393,227.55, a decrease of 0.90% compared to the end of the previous year[4] - The total number of common shareholders at the end of the reporting period was 15,707[7] - The largest shareholder, China Building Materials Science Research Institute Co., Ltd., held 64.39% of the shares[7] Government Support and Expenses - The company received government subsidies amounting to CNY 8,399,795.76, which are closely related to its normal business operations[6] - Research and development expenses for Q1 2023 were ¥41,072,909.54, compared to ¥38,183,027.62 in Q1 2022, showing a growth of 4.7%[15] Financing Activities - The company raised 134,226,621.24 RMB from financing activities in Q1 2023, compared to 194,000,000.00 RMB in Q1 2022, indicating a decline of about 30.8%[19] - The cash outflow from financing activities in Q1 2023 was 86,941,429.88 RMB, slightly lower than 90,775,904.18 RMB in Q1 2022, reflecting a decrease of about 3.1%[19] Tax and Refunds - The company received 634,242.74 RMB in tax refunds during Q1 2023, which was not reported in Q1 2022[18] Earnings Per Share - The company reported a basic and diluted earnings per share of -0.0331 RMB for Q1 2023, an improvement from -0.0387 RMB in Q1 2022[16]