SLPT(SH:603178)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was RMB 321,835,241.28, a decrease of 9.31% compared to the same period last year[10] - The net profit attributable to shareholders of the listed company was RMB 5,838,306.16, down 75.92% year-on-year[10] - Basic earnings per share decreased by 75.93% to RMB 0.02[13] - Total operating revenue for Q1 2023 was ¥321,835,241.28, a decrease of 9.3% compared to ¥354,872,556.86 in Q1 2022[28] - Net profit for Q1 2023 was ¥5,838,306.16, a significant decline of 76.0% from ¥24,248,492.81 in Q1 2022[32] - Total comprehensive income for the period was CNY 5,690,109.85, a decrease from CNY 24,218,077.35 in the same period last year[40] - Basic and diluted earnings per share were both CNY 0.02, down from CNY 0.10 year-over-year[40] Assets and Liabilities - The total assets at the end of the reporting period were RMB 1,994,515,036.23, a decrease of 3.71% from the end of the previous year[13] - Total assets as of March 31, 2023, were ¥1,994,515,036.23, a decrease from ¥2,071,256,208.57 at the end of 2022[34] - The company’s total liabilities decreased to ¥730,867,903.71 as of March 31, 2023, from ¥813,299,185.85 at the end of 2022[34] - The total equity attributable to shareholders of the listed company was RMB 1,263,647,132.52, an increase of 0.45% from the previous year[13] - Total equity attributable to shareholders increased to ¥1,263,647,132.52 from ¥1,257,957,022.67 at the end of 2022[28] Cash Flow - The net cash flow from operating activities was RMB -15,642,570.61, indicating a negative cash flow situation[10] - Cash flow from operating activities showed a net outflow of 15,642,570.61, a decrease of 53,604,449.21 compared to the previous year, mainly due to reduced customer sales receipts[19] - Net cash flow from operating activities was negative CNY 15,642,570.61, compared to positive CNY 37,961,878.60 in the previous year[44] - Cash inflow from investment activities totaled CNY 30,238,931.51, down from CNY 57,352,675.11 year-over-year[44] - Cash flow from financing activities increased by 87,843,998.71, a significant improvement compared to the previous year's outflow of 27,787,061.66, mainly due to increased bank borrowings[21] - Net cash flow from financing activities was CNY 87,843,998.71, compared to a negative CNY 27,787,061.66 in the same period last year[46] - The company's cash and cash equivalents at the end of the period were CNY 112,089,859.15, compared to CNY 80,229,199.37 at the end of the previous year[46] Expenses and Income - The company received government subsidies amounting to RMB 13,584,466.52, which are closely related to its normal business operations[4] - Other income increased by 1,016.97, a rise of 289.50% year-on-year, primarily due to government subsidies received by overseas subsidiaries[23] - The company reported a significant increase in other income to ¥13,682,593.12 in Q1 2023, compared to ¥3,512,894.92 in Q1 2022[28] - Research and development expenses increased to ¥17,809,019.29 in Q1 2023, up 14.7% from ¥15,527,314.96 in Q1 2022[28] - Management expenses increased by 559.29, a rise of 40.99% year-on-year, primarily due to increased depreciation of idle equipment and higher salaries for management personnel[23] - Management expenses rose by CNY 5,592,878.01, reflecting a 40.99% increase compared to the same period last year[47] Other Financial Metrics - The weighted average return on net assets decreased by 1.54 percentage points to 0.46%[13] - The impact of exchange rate changes on cash and cash equivalents increased by 1,682,808.09, compared to a decrease of 214,458.41 in the previous year[22] - Cash and cash equivalents decreased to ¥155,361,591.42 from ¥194,131,839.10 at the end of 2022, representing a decline of 20.0%[34] - Inventory decreased to ¥183,351,484.86 in Q1 2023, down 18.3% from ¥224,420,665.98 in Q1 2022[36] - The balance of accounts receivable financing increased by 1,299.73, a growth of 43.26% compared to the beginning of the period, mainly due to an increase in bank acceptance bills paid by customers[23] - Accounts receivable financing increased by CNY 12,997,289.37, representing a 43.26% increase year-over-year[47] - Prepayments decreased by CNY 5,497,249.10, a decline of 44.20% compared to the previous year[47] - Contract liabilities increased by 69.12, a rise of 209.15% compared to the beginning of the period, mainly due to an increase in advance payments[23] - The balance of accounts payable increased by 5,494.43, a growth of 43.83% compared to the beginning of the period, mainly due to delays in issuing bills caused by macroeconomic fluctuations from COVID-19[23]