Qingdao Victall Railway (SH:605001)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥123,387,047.08, representing a year-on-year increase of 62.71%[5] - The net profit attributable to shareholders was -¥40,275,089.44, with a basic earnings per share of -¥0.10[5] - The company's total revenue for the first quarter of 2023 is yet to be disclosed in the provided documents[20] - Total operating revenue for Q1 2023 reached ¥123,387,047.08, a significant increase from ¥75,833,115.62 in Q1 2022, representing a growth of approximately 62.5%[21] - Total operating costs increased to ¥185,580,864.82 in Q1 2023 from ¥161,626,705.65 in Q1 2022, marking a rise of about 14.8%[22] - Net profit for Q1 2023 was reported at -¥41,950,046.12, an improvement compared to -¥54,979,199.06 in Q1 2022, indicating a reduction in losses of approximately 23.6%[22] - The company's basic earnings per share for Q1 2023 was reported at -¥0.10, an improvement from -¥0.14 in Q1 2022[23] Cash Flow and Investments - The net cash flow from operating activities was ¥32,642,816.44, showing a decrease of 27.60% compared to the previous year[5] - The company recorded a net cash flow from operating activities of ¥32,642,816.44 in Q1 2023, down from ¥45,083,708.22 in Q1 2022[26] - Cash and cash equivalents at the end of Q1 2023 totaled ¥281,622,660.37, compared to ¥329,005,844.47 at the end of Q1 2022, reflecting a decrease of about 14.4%[27] - Investment cash inflows for Q1 2023 amounted to ¥741,771,949.58, up from ¥468,829,698.88 in Q1 2022, showing an increase of approximately 58.1%[27] - The company reported a net cash outflow from investing activities of -¥35,159,193.37 in Q1 2023, compared to -¥43,210,046.20 in Q1 2022, indicating a decrease in cash outflow of about 18.7%[27] - Financing activities generated a net cash inflow of ¥34,779,999.50 in Q1 2023, contrasting with a net cash outflow of -¥17,071,025.95 in Q1 2022[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,418,370,432.12, a decrease of 0.60% from the end of the previous year[6] - The company's current assets totaled RMB 2,783,826,713.01, down from RMB 2,844,499,574.69 at the end of 2022, indicating a decrease of about 2.1%[17] - Total liabilities as of March 31, 2023, were RMB 1,949,324,307.98, compared to RMB 1,933,477,041.56 at the end of 2022, showing an increase of approximately 0.8%[19] - The company's equity attributable to shareholders decreased to RMB 2,456,760,105.49 from RMB 2,497,699,850.52, a decline of about 1.6%[19] - The short-term borrowings increased to RMB 965,743,166.67 from RMB 912,054,805.31, representing an increase of approximately 5.9%[18] Shareholder Information - The company reported a total of 22,922 common shareholders at the end of the reporting period[12] - The top shareholder, Su Qingyan, holds 25.10% of the shares, with 98,619,925 shares pledged[13] Operational Insights - The increase in operating revenue was primarily due to an increase in orders during the reporting period[10] - The company has not reported any significant new product developments or market expansion strategies in the current quarter[15] - The company did not conduct an audit for the Q1 financial report[4] Inventory and Receivables - The company's inventory rose to RMB 843,472,972.82, up from RMB 775,425,748.60, marking an increase of about 8.8%[17] - The accounts receivable decreased to RMB 751,187,538.26 from RMB 791,095,596.22, indicating a decrease of about 5.0%[17] - Cash and cash equivalents increased to RMB 320,774,653.62 from RMB 311,430,140.15, reflecting an increase of approximately 3.4%[17]