Hylink(SH:603825)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,926,457,347.57, representing a decrease of 28.24% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 3,270,713.36, down 83.09% year-on-year[4] - The basic earnings per share decreased by 87.50% to CNY 0.01[4] - The company reported a net loss for Q1 2023, with total comprehensive income attributable to shareholders showing a significant decline compared to the previous year[19] - In Q1 2023, the company's net profit was CNY 814,640.56, a significant decrease of 95.0% compared to CNY 16,209,924.38 in Q1 2022[20] - The total revenue from operating activities was CNY 2,602,552,737.22, down 32.0% from CNY 3,827,337,952.18 in the same period last year[23] - The company's operating profit decreased to CNY 1,385,416.36, a decline of 93.2% from CNY 20,309,088.97 in Q1 2022[20] - The company reported a total comprehensive income of CNY 3,161,766.69, down 81.5% from CNY 17,069,472.38 in the previous year[21] - The basic and diluted earnings per share were both CNY 0.01, a decrease from CNY 0.08 in Q1 2022[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,455,740,808.71, a decrease of 13.12% from the end of the previous year[5] - Cash and cash equivalents as of March 31, 2023, were RMB 324,596,764.11, a decrease from RMB 370,229,985.29 at the end of 2022[15] - Accounts receivable decreased to RMB 3,127,332,001.11 from RMB 3,962,573,058.00, representing a decline of 21.1%[15] - Total assets as of March 31, 2023, were RMB 5,455,740,808.71, down from RMB 6,279,817,556.29 at the end of 2022[16] - Total liabilities decreased to RMB 3,905,804,903.06 from RMB 4,732,102,416.08, a reduction of 17.5%[17] - The company's equity attributable to shareholders increased slightly to RMB 1,565,688,576.24 from RMB 1,561,221,870.38[17] - Inventory decreased to RMB 76,853,099.43 from RMB 109,091,675.54, a decline of 29.4%[15] Cash Flow - The net cash flow from operating activities was CNY 503,204,929.05, impacted by the repayment of due bank loans[8] - The cash flow from operating activities showed a net increase of CNY 503,204,929.05, contrasting with a net outflow of CNY 199,011,919.78 in Q1 2022[23] - The cash and cash equivalents at the end of the period were CNY 241,909,368.17, down from CNY 542,488,619.58 at the end of Q1 2022[25] - The total cash flow from investing activities showed a net inflow of CNY 6,862,565.10, compared to a net outflow of CNY 3,130,093.28 in Q1 2022[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 29,400[10] - The largest shareholder, Su Tong, holds 26.21% of the shares, amounting to 66,389,131 shares[11] Operational Focus - The company is focusing on improving operational efficiency and exploring new market opportunities to enhance future growth[19] Expenses - Total operating costs for Q1 2023 were RMB 1,951,056,493.45, down 27.6% from RMB 2,695,137,593.09 in Q1 2022[19] - Research and development expenses were CNY 52,814,675.58, a decrease of 9.0% compared to CNY 58,425,202.86 in the previous year[20] - The company incurred financial expenses of CNY 16,972,816.12, a decrease of 31.5% from CNY 24,751,327.90 in the previous year[20]