SDGI(SZ:000070)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥972,291,828.07, representing a 22.14% increase compared to ¥796,030,931.58 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥10,358,798.11, a decrease of 246.22% from a profit of ¥7,084,185.22 in the previous year[4] - The company reported a net loss of ¥174,246,156.21 in Q1 2023, compared to a loss of ¥163,912,332.84 in Q1 2022[15] - The net profit for Q1 2023 was CNY 2,225,868.05, a significant decrease compared to a net profit of CNY 13,114,822.68 in the same period last year, representing a decline of approximately 83%[17] - Operating profit for the quarter was CNY 5,866,661.09, down from CNY 17,241,356.24 in Q1 2022, indicating a decrease of about 66%[17] - The company reported a total comprehensive income of CNY 1,667,492.88 for the quarter, down from CNY 10,778,184.01 in the same period last year, a decline of approximately 85%[17] - Basic and diluted earnings per share were both CNY -0.0123, compared to CNY 0.0084 in Q1 2022, reflecting a significant drop in profitability[17] Cash Flow and Liquidity - The net cash flow from operating activities improved by 27.00%, amounting to -¥218,842,197.06 compared to -¥299,778,378.73 in the previous year[4] - The cash flow from operating activities showed a net outflow of CNY 218,842,197.06, an improvement from a net outflow of CNY 299,778,378.73 in Q1 2022[19] - Cash and cash equivalents rose to ¥842,500,605.85, up from ¥659,699,235.23 at the beginning of the year, an increase of 27.7%[14] - Cash and cash equivalents at the end of the period totaled CNY 803,358,512.59, compared to CNY 1,139,857,870.37 at the end of Q1 2022, indicating a decrease of about 30%[19] - The total cash inflow from financing activities was CNY 949,858,769.23, compared to CNY 580,458,602.68 in Q1 2022, showing an increase of approximately 63%[19] Assets and Liabilities - Total assets increased by 3.94% to ¥8,182,934,986.67 from ¥7,873,023,140.63 at the end of the previous year[4] - The company's total assets as of March 31, 2023, amounted to ¥8,182,934,986.67, up from ¥7,873,023,140.63 at the beginning of the year, representing a growth of 3.9%[15] - Current assets totaled ¥5,281,123,397.90, an increase of 6.7% from ¥4,947,003,783.56 at the start of the year[14] - The total liabilities increased to ¥5,815,291,935.23 from ¥5,507,133,179.22, reflecting a rise of 5.6%[15] - Long-term borrowings increased to ¥633,907,460.21 from ¥489,391,520.66, a rise of 29.5%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 85,538[9] - The largest shareholder, Shenzhen Tefa Group Co., Ltd., holds 37.31% of the shares, totaling 315,160,753 shares[9] Other Income and Expenses - The company reported a significant increase in other income, which rose by 736.74% to ¥31,095,267.71, mainly due to increased government subsidies[6] - Total operating costs for Q1 2023 were ¥1,004,160,675.11, up from ¥786,242,578.25 in the same period last year, reflecting a rise of 27.7%[16] - Research and development expenses increased to ¥55,291,859.72, compared to ¥48,050,116.34 in Q1 2022, marking a growth of 15.5%[16] - The company incurred a credit impairment loss of CNY 5,514,137.56, compared to a loss of CNY 9,521.70 in the previous year, indicating a worsening in credit quality[17] Future Plans - The company plans to exercise its early redemption rights for its convertible bonds on May 11, 2023, at a redemption price of ¥100.76 per bond[11]