Keeson(SH:603610)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥696,841,580.45, representing a decrease of 6.37% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥23,906,723.25, down 57.44% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥9,649,514.38, a decline of 84.07% compared to the previous year[6]. - Basic earnings per share were ¥0.07, down 57.67% from the same period last year[6]. - The company reported a net profit margin of approximately 3.63% for Q1 2023, down from 10.67% in Q1 2022[23]. - In Q1 2023, the company's net profit was CNY 23,282,299.44, a decrease of 57.8% compared to CNY 55,143,626.50 in Q1 2022[24]. - The total comprehensive income for Q1 2023 was CNY 20,328,481.89, down from CNY 54,080,944.90 in Q1 2022, a decrease of 62.4%[25]. - The company's operating profit was CNY 31,388,610.54, significantly lower than CNY 75,280,500.97 in Q1 2022, indicating a decrease of 58.3%[24]. Cash Flow - The net cash flow from operating activities was -¥91,693,799.24, reflecting a decrease of 213.59% year-on-year[6]. - The company reported a net cash outflow from operating activities of CNY -91,693,799.24, worsening from CNY -29,240,419.48 in the same quarter last year[27]. - The cash received from sales of goods and services was CNY 547,482,197.57, a decrease of 30.1% from CNY 783,393,059.14 in Q1 2022[26]. - The net cash flow from investment activities was -$105.48 million, a significant decrease compared to $90.43 million in the previous period[28]. - The cash and cash equivalents at the end of the period amounted to $1.54 billion, a decrease from $1.32 billion year-over-year[28]. - The company experienced a negative impact of -$6.30 million from exchange rate fluctuations on cash and cash equivalents[28]. - Total cash outflow from investment activities was $125.76 million, compared to $113.84 million in the previous year[28]. - The company reported a cash outflow of $338.83 million from financing activities, a significant increase from $17.46 million in the prior period[28]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,822,904,249.86, an increase of 3.17% from the end of the previous year[7]. - Current assets totaled RMB 2,924,950,518.69 as of March 31, 2023, an increase of 6.26% from RMB 2,752,083,190.51[19]. - Total liabilities amounted to RMB 1,732,886,333.13, an increase of 7.86% compared to RMB 1,606,299,964.46 in the previous year[21]. - Shareholders' equity was RMB 3,090,017,916.73, up from RMB 3,068,290,543.46, indicating a growth of 0.71%[21]. - Cash and cash equivalents were RMB 1,542,879,350.69, a decrease from RMB 1,600,628,408.76[19]. - Inventory stood at RMB 732,434,656.51, slightly down from RMB 737,217,651.88[19]. Operating Costs and Expenses - Total operating costs for Q1 2023 were RMB 675,570,694.86, an increase of 1.33% from RMB 664,981,946.86 in Q1 2022[23]. - Operating costs included RMB 447,818,022.40 in operating expenses, down 7.6% from RMB 484,681,687.37 in the previous year[23]. - The company experienced a significant increase in financial expenses, up 237.94%, primarily due to increased exchange losses[11]. - The company incurred financial expenses of CNY 21,827,415.54, which is a significant increase from CNY 6,458,909.16 in the previous year, marking an increase of 237.5%[24]. - Research and development expenses were CNY 36,010,298.17, slightly down from CNY 36,177,452.67 in the previous year, showing a decrease of 0.5%[24]. Other Income - The company reported a non-recurring gain of ¥14,257,208.87 after tax, which includes various non-operating income and expenses[10]. - The company reported other income of CNY 558,937.30, an increase from CNY 339,791.10 in the previous year, reflecting a growth of 64.5%[24].