SHLG(SH:900928)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,002,262,139.23, a decrease of 46.85% compared to ¥1,883,752,921.20 in the same period last year[3] - The net profit attributable to shareholders of the listed company was ¥256,896,053.00, down 9.94% from ¥303,873,834.51 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥214,739,889.11, a decline of 48.86% compared to ¥419,916,338.67 in the previous year[4] - The basic earnings per share decreased to ¥0.10 from ¥0.12, reflecting a decline of 9.09%[4] - The company reported a total of 134,400,000 shares held by China Pacific Life Insurance, representing over 5% of the total share capital[13] - Net profit for Q1 2023 was ¥344,626,968.64, a decline of 8.5% from ¥376,432,927.95 in Q1 2022[22] - Earnings per share for Q1 2023 was ¥0.10, compared to ¥0.11 in Q1 2022[22] - The company reported an operating loss of CNY -50,295,620.64 for Q1 2023, compared to an operating profit of CNY 108,533,631.99 in Q1 2022[30] - The net profit for Q1 2023 was -50,295,620.64 RMB, compared to a net profit of 108,533,631.99 RMB in Q1 2022, indicating a significant decline[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥68,206,597,092.46, an increase of 2.85% from ¥66,313,776,080.64 at the end of the previous year[4] - Total assets as of March 31, 2023, amounted to RMB 68,206,597,092.46, an increase from RMB 66,313,776,080.64 in the previous year[15] - Current assets totaled RMB 38,878,443,320.94, up from RMB 38,149,119,233.57 year-over-year[15] - Total liabilities as of Q1 2023 were ¥40,586,831,595.16, an increase from ¥38,896,522,590.45 in Q1 2022[21] - The company's total liabilities as of March 31, 2023, were CNY 23,706,025,401.07, compared to CNY 23,005,009,768.11 at the end of 2022[30] - Total current liabilities were RMB 24,318,530,632.94, slightly up from RMB 24,288,140,145.70[16] - Non-current assets totaled RMB 29,328,153,771.52, an increase from RMB 28,164,656,847.07[16] Cash Flow - The net cash flow from operating activities was not applicable due to increased engineering payments compared to the same period last year[10] - Cash flow from operating activities in Q1 2023 was negative at -¥2,600,335,768.87, worsening from -¥1,713,285,106.22 in Q1 2022[24] - Cash inflow from operating activities totaled ¥1,429,360,314.84, slightly up from ¥1,424,110,053.67 in Q1 2022[24] - Cash outflow from operating activities increased to ¥4,029,696,083.71, compared to ¥3,137,395,159.89 in Q1 2022[24] - The net cash flow from investment activities was -CNY 377,122,551.82, compared to -CNY 835,381,961.92 in the previous year, indicating an improvement[25] - The net cash flow from operating activities was -261,260,653.30 RMB, an improvement from -559,259,706.58 RMB in Q1 2022[33] - The cash inflow from investment activities totaled 2,590,220,684.46 RMB, compared to 1,646,254,185.85 RMB in Q1 2022[33] - The net cash flow from financing activities was CNY 2,846,025,934.03, a decrease from CNY 3,181,787,835.68 in the previous year[25] - The cash inflow from financing activities was 5,809,000,000.00 RMB, slightly down from 5,997,972,640.80 RMB in Q1 2022[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,879[12] - The top shareholder, Shanghai Caohejing New Technology Development Zone Development General Company, holds 35.65% of the shares[12] - The company has no significant related party transactions with other shareholders[13] Management and Strategy - The company plans to increase the reserve of quality projects and optimize its profit model for sustainable development in 2023[9] - The company did not apply new accounting standards or interpretations for the first time in 2023[34] - The company’s management team includes Yuan Guohua as the responsible person, Yao Wei as the accounting supervisor, and Jiang Xinyan as the head of the accounting institution[31]