HQTC(SH:688151)2023-04-20 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥191,850,331.44, representing a decrease of 15.61% compared to the same period last year[4] - The net profit attributable to shareholders was ¥17,123,244.96, down 77.25% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥7,658,581.64, a decline of 84.31% compared to the previous year[4] - The basic and diluted earnings per share were both ¥0.05, down 77.27% from the same period last year[4] - Total operating revenue for Q1 2023 was CNY 191,850,331.44, a decrease of 15.6% compared to CNY 227,344,425.15 in Q1 2022[14] - Net profit for Q1 2023 was CNY 17,123,244.96, down 77.3% from CNY 75,266,226.00 in Q1 2022[15] - Earnings per share for Q1 2023 was CNY 0.05, compared to CNY 0.22 in Q1 2022[16] Cash Flow and Investments - The net cash flow from operating activities was negative at ¥81,949,557.53, a decrease of 21.88% year-on-year[4] - Cash inflow from operating activities totaled CNY 178,577,769.70, an increase from CNY 117,800,599.55 in Q1 2022[17] - The net cash outflow from operating activities was -81,949,557.53, an improvement from -104,908,189.64 in the previous year[18] - Total cash outflow from investment activities amounted to 1,073,089,787.72, significantly higher than 20,465,539.35 in the same period last year[18] - The net cash flow from investment activities was -1,073,089,787.72, compared to -485,539.35 in the previous year[18] - The total cash outflow from financing activities was -87,922.80, indicating minimal financing activity during the quarter[18] - The company reported a decrease in cash and cash equivalents by -1,155,142,168.75 compared to -105,417,820.03 in the previous year[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,125,354,165.36, a decrease of 0.79% from the end of the previous year[5] - As of March 31, 2023, the company's total assets amounted to ¥5,125,354,165.36, a slight decrease from ¥5,166,369,693.67 at the end of 2022[11] - The company's cash and cash equivalents decreased to ¥1,390,354,676.23 from ¥2,545,496,844.98, representing a decline of approximately 45.4%[11] - Total liabilities decreased to CNY 915,274,371.71 from CNY 973,750,671.66 in the previous year[13] - The company's total current liabilities decreased to ¥506,409,488.40 from ¥553,882,993.97, a reduction of approximately 8.6%[12] - The total non-current assets slightly increased to ¥817,647,660.11 from ¥814,727,211.12, showing a growth of about 0.4%[12] - The company reported a decrease in accounts payable to ¥354,575,323.46 from ¥376,040,523.20, a decline of approximately 5.7%[12] Research and Development - The company's R&D investment totaled ¥13,226,047.55, which is 6.89% of operating revenue, down 22.66% year-on-year[5] Shareholder Information - The top two shareholders, China Weaponry Equipment Group and Southern Industrial Asset Management, hold 45.52% and 24.83% of shares, respectively[9] Market and Future Outlook - The company has not reported any new product developments or technological advancements in this quarter[11] - There are no significant market expansion or acquisition strategies mentioned in the report[11] - The company has not provided specific future guidance or performance outlook for the upcoming quarters[11]