STS(SH:603322)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥258,075,463.19, representing a decrease of 26.85% compared to the same period last year[6]. - The net profit attributable to shareholders was a loss of ¥19,947,133.71, a decline of 587.41% year-on-year[6]. - The basic earnings per share for the period was -¥0.13, down 533.33% from the previous year[7]. - The weighted average return on equity decreased by 11.26 percentage points to -9.19%[7]. - The net loss for Q1 2023 was RMB 131,546,395.56, compared to a net loss of RMB 111,599,261.85 in Q1 2022, indicating a worsening of 17.9%[17]. - The operating profit for Q1 2023 was -23,491,944.73 RMB, down from 862,911.47 RMB in the same period last year[20]. - The total comprehensive income for Q1 2023 was -23,292,472.31 RMB, compared to 2,074,988.10 RMB in Q1 2022[20]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥46,245,997.04, indicating a significant cash outflow[6]. - Cash flow from operating activities showed a net outflow of -46,245,997.04 RMB, an improvement from -115,990,344.87 RMB in Q1 2022[23]. - Total cash inflow from operating activities was 519,085,071.72 RMB, compared to 378,436,410.40 RMB in Q1 2022, reflecting a 37.1% increase[22]. - Cash outflow for purchasing goods and services was 417,194,321.04 RMB, slightly higher than 414,553,293.55 RMB in Q1 2022[23]. - Cash flow from financing activities resulted in a net inflow of 4,093,612.84 RMB, a recovery from a net outflow of -72,569,448.47 RMB in Q1 2022[23]. - The company’s cash and cash equivalents decreased by 44,059,519.96 RMB during the quarter, compared to a decrease of 210,360,949.69 RMB in Q1 2022[23]. - The company's cash and cash equivalents decreased to RMB 235,053,280.37 as of March 31, 2023, from RMB 288,508,722.41 at the end of 2022, a decline of 18.5%[14]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,121,083,738.38, a decrease of 1.65% from the end of the previous year[7]. - The total assets as of March 31, 2023, were RMB 2,121,083,738.38, down from RMB 2,156,770,377.10 at the end of 2022, a decrease of 1.6%[17]. - The total liabilities decreased to RMB 1,826,516,232.91 from RMB 1,838,910,399.32, reflecting a reduction of 0.7%[16]. - Accounts receivable amounted to RMB 796,678,049.27, slightly down from RMB 810,338,777.16 at the end of 2022, indicating a decrease of 1.7%[14]. - Inventory increased to RMB 110,095,131.85 from RMB 92,409,958.72, representing a growth of 19.1%[15]. - The company reported a significant increase in contract liabilities to RMB 214,817,612.98 from RMB 73,260,282.14, a rise of 194.0%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,430[10]. - The largest shareholder, Liang Jianhua, holds 26.81% of the shares, amounting to 42,285,000 shares[11]. Operating Costs and Expenses - Total operating costs for Q1 2023 were RMB 278,449,659.03, down from RMB 360,198,891.22 in Q1 2022, reflecting a reduction of 22.7%[18]. - Research and development expenses for Q1 2023 were RMB 14,884,992.24, down from RMB 17,994,867.12 in Q1 2022, a decrease of 17.5%[18]. - The decline in net profit was primarily due to the slower-than-expected progress of IDC and charging pile projects, along with significant bad debt provisions[9]. - Non-recurring gains and losses totaled ¥825,352.05 for the period[9]. Revenue from Sales - The company’s total revenue from sales of goods and services was 475,548,034.20 RMB, up from 366,487,771.58 RMB in Q1 2022, marking a 29.8% increase[22].