*ST惠天(000692) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥1,084,049,035.77, a decrease of 6.64% compared to ¥1,161,090,531.55 in the same period last year[3] - The net profit attributable to shareholders was -¥257,217,821.78, an improvement of 63.06% from -¥696,344,392.56 year-on-year[3] - The net cash flow from operating activities was -¥277,077,003.49, a decline of 61.61% compared to -¥171,445,190.89 in the previous year[3] - Total operating revenue for Q1 2023 was CNY 1,084,049,035.77, a decrease of 6.65% compared to CNY 1,161,090,531.55 in the same period last year[14] - Net loss for Q1 2023 was CNY 272,674,312.86, compared to a net loss of CNY 700,621,023.20 in Q1 2022, representing a 61.1% improvement[15] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.4827, an improvement from CNY -1.3069 in the previous year[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,028,798,638.24, an increase of 3.91% from ¥4,839,450,445.70 at the end of the previous year[3] - The company's total assets decreased to CNY 5,028,798,638.24 from CNY 5,486,080,087.19, a decline of 8.32%[13] - Total liabilities decreased to CNY 7,128,599,802.70 from CNY 7,317,543,983.95, a reduction of 2.58%[13] - The company's total non-current assets amounted to CNY 3,397,418,137.03, down from CNY 3,465,041,940.25, a decrease of 1.96%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,121[8] - The largest shareholder, Shenyang Run Electric Heating Co., Ltd., holds 29.99% of the shares, with 145,046,490 shares pledged[8] Cash Flow and Financing Activities - Operating cash inflow for the first quarter was CNY 164,295,964.26, down from CNY 180,387,940.91 in the previous period, representing a decrease of approximately 8.1%[17] - Total cash outflow from operating activities increased to CNY 441,372,967.75 from CNY 351,833,131.80, marking an increase of about 25.5%[17] - Cash inflow from financing activities rose significantly to CNY 360,000,000.00 compared to CNY 131,500,000.00, an increase of approximately 173.3%[17] - Net cash flow from financing activities improved to CNY 140,455,404.93 from CNY 35,213,323.35, indicating a substantial increase of about 298.5%[17] - The company reported a net decrease in cash and cash equivalents of CNY -149,565,783.83, slightly better than the previous period's decrease of CNY -164,314,731.78[17] - The ending balance of cash and cash equivalents was CNY 598,252,211.00, up from CNY 90,611,985.19 in the prior period[17] Cost Management - Total operating costs for Q1 2023 were CNY 1,359,984,694.34, down 26.88% from CNY 1,860,024,378.78 year-on-year[14] - The company experienced a significant reduction in coal costs, contributing to the improved net profit figures[6] - The company reported a significant reduction in financial expenses, with CNY 60,051,189.23 in Q1 2023 compared to CNY 41,545,843.63 in the same period last year[14] Retained Earnings and Equity - The company's equity attributable to shareholders decreased by 238.38% to -¥2,121,364,632.25 due to losses reducing retained earnings[6] - The company continues to face challenges with a negative retained earnings balance of CNY -3,276,981,836.90 as of Q1 2023[13]