上工B股(900924) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 850,896,684.89, representing a year-on-year increase of 17.17%[4] - The net profit attributable to shareholders decreased by 16.11% to CNY 35,162,307.33[4] - The net profit after deducting non-recurring gains and losses fell by 56.88% to CNY 12,783,507.05[4] - Total operating revenue for Q1 2023 reached ¥850,896,684.89, an increase from ¥726,236,408.89 in Q1 2022, representing a growth of approximately 17.2%[17] - Net profit for Q1 2023 was ¥37,169,808.82, a decrease from ¥42,044,551.79 in Q1 2022, reflecting a decline of approximately 11.5%[19] - The profit attributable to shareholders of the parent company for Q1 2023 was ¥35,162,307.33, down from ¥41,912,570.87 in Q1 2022, showing a decrease of around 16.2%[19] - Earnings per share for Q1 2023 were ¥0.0493, compared to ¥0.0592 in Q1 2022, representing a decline of approximately 16.5%[19] - The company reported a total comprehensive income of ¥36,366,538.55 for Q1 2023, down from ¥53,972,686.93 in Q1 2022, reflecting a decrease of about 32.8%[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,720,618,621.16, a decrease of 2.00% compared to the end of the previous year[5] - As of March 31, 2023, the total assets of the company amounted to RMB 5,720,618,621.16, a decrease from RMB 5,837,535,754.47 as of December 31, 2022, reflecting a decline of approximately 2.01%[13] - The total current assets were reported at RMB 3,678,381,279.11, down from RMB 3,790,349,971.95, indicating a decrease of approximately 2.95%[13] - The total liabilities as of the end of Q1 2023 amounted to ¥2,196,935,772.31, a decrease from ¥2,388,999,632.60 at the end of Q1 2022[18] - The total current liabilities decreased to RMB 1,783,337,408.39 from RMB 1,970,398,314.23, reflecting a decline of about 9.49%[14] Cash Flow - Cash flow from operating activities was negative at CNY -136,624,465.30, indicating a significant cash outflow[4] - In Q1 2023, the cash inflow from operating activities was $776,763,801.94, an increase of 3.4% compared to $747,369,710.44 in Q1 2022[22] - The net cash outflow from operating activities was -$136,624,465.30, worsening from -$92,532,760.90 in the same period last year[22] - The total cash outflow from operating activities was $913,388,267.24, an increase of 8.7% compared to $839,902,471.34 in Q1 2022[22] - The ending cash and cash equivalents balance was $638,882,595.50, down from $1,146,505,043.55 in Q1 2022, reflecting a decrease of 44.3%[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,520[9] - The top shareholder, Shanghai Pukefei Investment Co., Ltd., holds 60,000,000 shares, accounting for 8.41% of total shares[9] - The company reported a total of 60,000,000 shares held by Shanghai Pukefei Investment Co., Ltd., making it the largest unrestricted shareholder[10] Operational Insights - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[11] - There are no significant changes in the company's operational strategies or mergers and acquisitions reported for this quarter[11] Costs and Expenses - Total operating costs for Q1 2023 were ¥823,408,817.03, up from ¥685,822,998.89 in Q1 2022, indicating a rise of about 20.1%[18] - Research and development expenses for Q1 2023 were ¥33,146,612.30, up from ¥26,961,015.02 in Q1 2022, indicating an increase of approximately 22.9%[18] Investment Performance - The company experienced a 75.67% decline in investment income, mainly due to reduced returns from wealth management products[7] - The company's long-term equity investments were reported at RMB 564,642,069.90, slightly down from RMB 566,827,557.44, indicating a decrease of about 0.39%[14]