SEWPG(SH:688660)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,386,027,011.76, representing a decrease of 69.46% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥166,562,548.23, a decline of 226.62% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥192,003,989.72, down 239.97% from the previous year[5]. - The net loss for Q1 2023 was ¥166,609,414.56, compared to a net profit of ¥131,548,545.78 in Q1 2022[19]. - The operating profit for Q1 2023 was -¥215,301,011.88, a significant decline from ¥146,811,682.45 in Q1 2022[18]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.12, compared to ¥0.10 in Q1 2022[19]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.12, compared to ¥0.13 in Q1 2022, indicating a negative shift in earnings per share[28]. Cash Flow - The net cash flow from operating activities was negative at ¥1,204,356,616.99, with no applicable year-over-year comparison[5]. - In Q1 2023, the cash inflow from operating activities was CNY 1,685,715,743.07, a significant increase from CNY 736,235,475.20 in Q1 2022, representing a growth of approximately 128.7%[21]. - The net cash outflow from operating activities was CNY -1,204,356,616.99, improving from CNY -2,589,283,747.27 in the same period last year[21]. - The total cash outflow from investing activities was CNY 687,039,618.43, compared to CNY 169,754,678.59 in Q1 2022, indicating an increase of about 304.5%[22]. - The net cash flow from financing activities was CNY 380,299,441.56, up from CNY 232,125,983.17 in Q1 2022, reflecting a growth of approximately 63.8%[22]. - The ending balance of cash and cash equivalents was CNY 2,917,426,407.24, down from CNY 3,093,340,362.10 at the end of Q1 2022[31]. - The total cash and cash equivalents decreased by CNY 1,461,244,118.55 in Q1 2023, compared to a decrease of CNY 2,693,601,378.98 in Q1 2022[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥30,561,139,324.10, a 1.17% increase from the end of the previous year[6]. - The total liabilities of the company as of March 31, 2023, were CNY 17.37 billion, compared to CNY 17.11 billion at the end of 2022[15]. - The total liabilities as of March 31, 2023, were ¥23,577,735,561.47, an increase from ¥23,057,967,466.83 at the end of 2022[16]. - The total equity attributable to shareholders was ¥6,974,003,437.30 as of March 31, 2023, down from ¥7,140,571,135.84 at the end of 2022[16]. - The total equity as of March 31, 2023, was ¥6,734,257,471.82, down from ¥6,883,975,856.61 as of December 31, 2022, representing a decrease of approximately 2.16%[25]. - The company's total liabilities as of March 31, 2023, were ¥21,277,449,202.35, down from ¥21,545,233,348.77 at the end of 2022, reflecting a decrease of approximately 1.25%[24]. Research and Development - Research and development expenses totaled ¥144,846,425.89, an increase of 20.72% year-over-year, accounting for 10.45% of operating revenue, up 7.81 percentage points[6]. - Research and development expenses for Q1 2023 were ¥144,846,425.89, compared to ¥119,989,561.51 in Q1 2022[18]. - Research and development expenses for Q1 2023 were ¥139,302,764.70, an increase from ¥114,251,166.87 in Q1 2022, showing a growth of about 22%[27]. Shareholder Information - The company reported a total of 33,510 common shareholders at the end of the reporting period[11]. - The company has a total of 13.19 million shares under lock-up conditions held by strategic investors, with 3.42 million shares lent out through securities lending[12]. Orders and Inventory - The company reported a total of 6.91 million MW in new orders during the reporting period, with 6.41 million MW of these orders being awarded but not yet contracted[13]. - The company has a total of 9.99 million MW in hand orders, with 1.19 million MW being awarded but not yet contracted[13]. - Inventory levels rose significantly to CNY 3.01 billion, up from CNY 1.80 billion, reflecting a growth of approximately 67.9%[14]. - The inventory level rose significantly to CNY 1,324,823,377.76 from CNY 763,000,982.66, indicating an increase of about 73.7%[23].