*ST炼石(000697) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥363,176,940.87, representing a 24.33% increase compared to ¥292,110,909.87 in the same period last year[3] - The net profit attributable to shareholders was -¥87,996,994.90, a decrease of 3.72% from -¥84,838,299.85 year-on-year[3] - Total operating revenue for Q1 2023 was CNY 363,176,940.87, an increase of 24.4% compared to CNY 292,110,909.87 in Q1 2022[20] - Net loss for Q1 2023 was CNY 88,305,474.34, compared to a net loss of CNY 85,139,465.32 in Q1 2022, reflecting a decline of 2.5%[22] - The total comprehensive income for Q1 2023 was CNY -99,492,079.38, compared to CNY -108,259,426.22 in the same period last year, showing a reduction in losses[22] Cash Flow - The net cash flow from operating activities was -¥152,546,935.74, a significant decline of 444.41% compared to -¥28,020,793.38 in the previous year[3] - Cash inflow from operating activities was CNY 325,882,953.68, down 10.2% from CNY 362,971,294.92 in the previous year[23] - The net cash outflow from operating activities was -152,546,935.74, compared to -28,020,793.38 in the previous year, indicating a significant decline in cash flow[25] - The company reported a total cash outflow of 478,429,889.42 from operating activities, compared to 390,992,088.30 in the previous year[25] - The company experienced a cash inflow of 218,559,288.48 from borrowings, significantly higher than 49,975,029.61 in the previous year[25] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥2,921,455,548.65, an increase of 4.81% from ¥2,787,257,288.60 at the end of the previous year[3] - The company's current liabilities totaled RMB 3.096 billion, up from RMB 2.859 billion at the start of the year, indicating a significant increase in short-term financial obligations[18] - The company's total liabilities reached RMB 3.095 billion, indicating a high leverage ratio that may impact future financial stability[18] - The total liabilities increased to CNY 3,421,981,217.66 in Q1 2023 from CNY 3,188,290,878.23 in Q1 2022, marking a rise of 7.3%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,206[12] - The largest shareholder, Zhang Zheng, holds 17.44% of the shares, amounting to 117,115,334 shares, with a portion pledged[13] Equity and Investment - The company's equity attributable to shareholders decreased by 25.35% to -¥490,410,738.74 from -¥391,227,138.80 at the end of the previous year[3] - The company has a long-term investment of RMB 37.69 million, showing a stable investment strategy despite financial challenges[17] - Research and development expenses decreased by 51.63% to ¥3,122,192.21, indicating reduced investment in product development compared to the previous year[9] - Research and development expenses for Q1 2023 were CNY 3,122,192.21, a decrease of 51.6% compared to CNY 6,454,202.83 in Q1 2022[21] Cash and Liquidity - Cash and cash equivalents decreased to RMB 53.12 million from RMB 75.78 million, reflecting a decline in liquidity[17] - The total cash and cash equivalents at the end of the period amounted to 47,797,470.70, down from 71,971,944.72 year-over-year[25] - The company’s total cash outflow for taxes paid was 48,071,778.78, compared to 40,598,500.80 in the previous year[25] - The impact of exchange rate changes on cash and cash equivalents was a positive 8,282,645.86, contrasting with a negative impact of -431,814.35 in the previous year[25]