GREAT-SUN(SH:603336)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 246,261,455, representing a slight increase of 0.12% compared to the same period last year[6]. - Net profit attributable to shareholders decreased by 28.74% to CNY 10,030,034.91, while the net profit after deducting non-recurring gains and losses fell by 29.48% to CNY 9,990,784.40[6]. - Basic and diluted earnings per share both decreased by 33.33% to CNY 0.02[6]. - Net profit for Q1 2023 was CNY 9,089,578.73, down from CNY 13,929,695.13 in Q1 2022, reflecting a decrease of 34.4%[18]. - Comprehensive income for Q1 2023 was CNY 8,179,261.72, compared to CNY 13,167,397.72 in Q1 2022, reflecting a decline of 37.8%[18]. - The total comprehensive income attributable to the parent company's owners for Q1 2023 was ¥9,119,717.90, a decrease from ¥13,313,881.97 in Q1 2022, representing a decline of approximately 31.5%[19]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.02, down from ¥0.03 in Q1 2022, indicating a decrease of 33.3%[19]. Cash Flow - The net cash flow from operating activities increased significantly by 58.48% to CNY 36,939,501.32, mainly due to a reduction in cash paid for purchasing goods and services[8]. - Net cash flow from operating activities for Q1 2023 was ¥36,939,501.32, an increase of 58.6% compared to ¥23,308,083.36 in Q1 2022[20]. - Cash inflow from operating activities totaled ¥281,846,447.82 in Q1 2023, down 9.3% from ¥311,058,770.36 in Q1 2022[20]. - Cash outflow from operating activities was ¥244,906,946.50 in Q1 2023, a decrease of 14.9% from ¥287,750,687.00 in Q1 2022[20]. - Net cash flow from investing activities was -¥5,648,628.78 in Q1 2023, worsening from -¥3,106,549.99 in Q1 2022[21]. - Cash inflow from financing activities was ¥35,000,000.00 in Q1 2023, a significant decrease of 78.6% compared to ¥163,430,000.00 in Q1 2022[21]. - The cash and cash equivalents at the end of Q1 2023 amounted to ¥59,598,472.93, up from ¥30,399,284.61 at the end of Q1 2022, reflecting a growth of 96.2%[21]. Assets and Liabilities - Total assets as of March 31, 2023, were CNY 1,760,800,755.01, down 1.03% from CNY 1,779,067,251.32 at the end of the previous year[7]. - The company's total assets decreased to CNY 1,760,800,755.01 in Q1 2023 from CNY 1,779,067,251.32 in Q1 2022, a decline of 1.03%[17]. - Total liabilities decreased to CNY 605,013,135.80 in Q1 2023 from CNY 631,469,645.19 in Q1 2022, a reduction of 4.2%[16]. - The company's equity attributable to shareholders increased to CNY 1,150,728,428.95 in Q1 2023 from CNY 1,141,597,959.69 in Q1 2022, a growth of 0.98%[16]. - Shareholder equity attributable to the parent company increased by 0.80% to CNY 1,150,728,428.95[7]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 32,372[11]. - The largest shareholder, Huang Junhui, holds 44.20% of the shares, with 52,447,565 shares pledged[11]. Strategic Developments - The company did not report any significant new strategies or product developments during the quarter[13]. - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year[22]. Financial Ratios - The weighted average return on net assets was 0.87%, a decrease of 0.41 percentage points compared to the end of the previous year[7]. - The company experienced a credit impairment loss of CNY 1,730,277.88 in Q1 2023, down from CNY 1,925,867.97 in Q1 2022, a decrease of 10.1%[18]. - The company reported a decrease in financial expenses to CNY 6,831,327.95 in Q1 2023 from CNY 4,701,630.46 in Q1 2022, an increase of 45.2%[18].