Hangzhou Cogeneration (SH:605011)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥775,725,235.25, representing a decrease of 4.1% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was ¥41,795,735.55, an increase of 1.25% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥38,410,634.04, reflecting an increase of 18.19%[6]. - The basic and diluted earnings per share were both ¥0.10, unchanged from the previous year[9]. - The weighted average return on equity decreased to 2.03%, down 0.12 percentage points year-on-year[9]. - The net profit attributable to the parent company shareholders for Q1 2023 was ¥41,795,735.55, compared to ¥41,280,177.26 in Q1 2022, reflecting a slight increase[34]. - The total comprehensive income attributable to the parent company owners for Q1 2023 was ¥55,464,107.16, up from ¥51,371,936.06 in Q1 2022, indicating a growth of approximately 6.5%[34]. Cash Flow - The net cash flow from operating activities was ¥15,707,901.30, down 48.63% compared to the previous year, primarily due to normal tax payments this period[12]. - Cash inflow from operating activities for Q1 2023 was ¥881,693,283.85, compared to ¥838,706,091.86 in Q1 2022, representing an increase of about 5.1%[39]. - The net cash flow from operating activities decreased to ¥15,707,901.30 in Q1 2023 from ¥30,580,524.37 in Q1 2022, showing a decline of approximately 48.6%[39]. - Cash outflow from investing activities in Q1 2023 was ¥113,502,214.03, compared to ¥78,153,943.92 in Q1 2022, indicating an increase of about 45.1%[41]. - The net cash flow from investing activities improved to ¥57,312,544.88 in Q1 2023 from a negative cash flow of -¥75,113,192.16 in Q1 2022[41]. - Cash inflow from financing activities for Q1 2023 was ¥262,163,000.00, slightly down from ¥269,800,000.00 in Q1 2022[41]. - The net cash flow from financing activities showed a negative balance of -¥149,780,340.94 in Q1 2023, worsening from -¥57,122,393.24 in Q1 2022[41]. - The ending cash and cash equivalents balance for Q1 2023 was ¥715,120,721.52, up from ¥601,056,656.25 in Q1 2022, reflecting an increase of approximately 18.9%[41]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,919,499,894.72, a decrease of 1.68% from the end of the previous year[9]. - The equity attributable to shareholders of the listed company increased to ¥2,077,578,935.15, up 2.05% from the end of the previous year[9]. - Total liabilities decreased to CNY 1,384,932,568.71 in Q1 2023 from CNY 1,507,535,650.35 in Q4 2022, a reduction of 8.1%[29]. - Non-current liabilities decreased to CNY 404,787,723.62 in Q1 2023 from CNY 440,517,479.91 in Q4 2022, a decline of 8.1%[29]. - Total assets decreased to CNY 3,919,499,894.72 in Q1 2023 from CNY 3,986,638,869.20 in Q4 2022, a decline of 1.7%[29]. - Accounts receivable increased to CNY 283,481,537.86 in Q1 2023 from CNY 261,823,178.84 in Q4 2022, representing an increase of 8.2%[28]. - Inventory rose to CNY 215,876,775.43 in Q1 2023, up from CNY 129,375,895.65 in Q4 2022, marking a significant increase of 66.8%[28]. - Cash and cash equivalents decreased to CNY 716,613,610.34 in Q1 2023 from CNY 795,213,119.54 in Q4 2022, a decrease of 9.9%[28]. - The company reported a decrease in financial expenses to CNY 5,405,381.71 in Q1 2023 from CNY 9,828,718.35 in Q1 2022, a reduction of 45.0%[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,291[13].