HX GROUP(SH:900917)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥282,592,919.46, representing a decrease of 6.66% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥26,525,288.95, down by 2.89% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 10.15% to ¥26,273,745.64[5]. - The net profit for Q1 2023 was CNY 27,014,690.72, a decrease of 7.5% compared to CNY 29,259,143.67 in Q1 2022[19]. - Operating profit for Q1 2023 was CNY 29,209,428.18, down from CNY 32,609,582.98 in the same period last year, reflecting a decline of 7.3%[19]. - The total comprehensive income for Q1 2023 was CNY 70,536,351.32, compared to a loss of CNY 215,686,395.08 in Q1 2022[20]. - The total revenue from sales of goods and services in Q1 2023 was CNY 294,546,469.52, a decrease of 15.2% from CNY 347,428,782.83 in Q1 2022[21]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥3,828,556.17, a decline of 120.05% compared to the previous year[5]. - Cash flow from operating activities showed a net outflow of CNY 3,828,556.17 in Q1 2023, compared to a net inflow of CNY 19,097,360.28 in Q1 2022[22]. - Cash flow from investing activities resulted in a net outflow of CNY 9,366,748.98 in Q1 2023, a significant decrease from a net inflow of CNY 48,276,678.66 in Q1 2022[22]. - The company's cash and cash equivalents as of March 31, 2023, were CNY 418,431,222.38, slightly down from CNY 420,285,866.49 at the end of 2022[15]. - The cash and cash equivalents at the end of Q1 2023 stood at CNY 418,431,222.38, compared to CNY 395,419,292.24 at the end of Q1 2022, reflecting an increase of 5.3%[23]. - Total assets at the end of the reporting period were ¥4,984,250,435.15, an increase of 1.10% from the end of the previous year[6]. - The total assets increased to CNY 4,984,250,435.15 from CNY 4,930,064,090.03, representing a growth of 1.1%[18]. - Total liabilities decreased to CNY 894,865,763.19 from CNY 911,215,769.39, a reduction of approximately 1.8%[17]. Shareholder Information - Basic and diluted earnings per share were both ¥0.0220, down by 2.65%[6]. - The total number of ordinary shareholders at the end of the reporting period was 68,059, with 36,051 A-shareholders and 32,008 B-shareholders[11]. - The company reported a basic and diluted earnings per share of CNY 0.0220 for Q1 2023, slightly down from CNY 0.0226 in Q1 2022[20]. Costs and Expenses - Total operating costs for Q1 2023 were CNY 274,024,708.30, down 7.6% from CNY 296,583,327.39 in Q1 2022[18]. - Research and development expenses for Q1 2023 were CNY 4,221,568.55, down from CNY 4,743,720.99 in Q1 2022, indicating a decrease of about 11%[18]. - The company incurred a tax expense of CNY 2,302,342.80 in Q1 2023, down from CNY 3,080,536.61 in Q1 2022, indicating a reduction of 25.3%[19]. - The significant decrease in cash flow was primarily due to increased tax payments, including ¥30.83 million in VAT and ¥9.72 million in land value-added tax[9]. Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥251,543.31 for the period[8]. - The company reported an investment income of CNY 20,949,413.12 for Q1 2023, compared to CNY 22,970,174.34 in Q1 2022, reflecting a decline of approximately 8.8%[18]. - The company reported a significant increase in other comprehensive income, amounting to CNY 43,521,660.60 in Q1 2023, compared to a loss of CNY 244,945,538.75 in Q1 2022[19]. Accounts Receivable and Inventory - Accounts receivable decreased to CNY 147,053,109.62 from CNY 174,382,888.61, reflecting a reduction of approximately 15.7%[15]. - Inventory as of March 31, 2023, was CNY 87,473,441.31, a slight decrease from CNY 89,520,866.14 at the end of 2022[16].