HYPC(SZ:000703)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥28.38 billion, a decrease of 14.65% compared to ¥33.25 billion in the same period last year[7]. - Net profit attributable to shareholders was ¥34.85 million, down 95.24% from ¥732.20 million year-on-year[7]. - Basic earnings per share dropped to ¥0.01, a decline of 95.00% from ¥0.20 in the same period last year[7]. - Total operating revenue for Q1 2023 was CNY 28.38 billion, a decrease of 14.1% compared to CNY 33.25 billion in Q1 2022[22]. - Net profit for Q1 2023 was CNY 167.10 million, a significant decline from CNY 1.08 billion in Q1 2022, representing a decrease of 84.5%[23]. - Total comprehensive income for the first quarter was -¥82,510,840.39, compared to ¥1,056,514,836.89 in the same period last year[24]. - Basic and diluted earnings per share were both ¥0.01, down from ¥0.20 year-over-year[24]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥1.61 billion, a 57.71% increase compared to -¥3.80 billion in the previous year[7]. - Cash inflow from operating activities totaled ¥31,076,687,525.97, a decrease of 16.5% from ¥37,183,541,494.15 in the previous year[26]. - Net cash outflow from operating activities was -¥1,607,351,938.39, improving from -¥3,801,157,548.89 year-over-year[26]. - Cash inflow from investing activities was ¥542,886,462.03, down from ¥647,562,923.77 in the previous year[27]. - Net cash outflow from investing activities was -¥902,330,996.12, compared to -¥1,053,372,115.96 in the same period last year[27]. - Cash inflow from financing activities was ¥17,551,020,844.12, a decrease from ¥19,570,597,055.00 year-over-year[27]. - Net cash outflow from financing activities was -¥1,955,337,750.80, compared to a net inflow of ¥1,007,298,767.22 in the previous year[27]. - The ending balance of cash and cash equivalents was ¥8,433,635,203.43, up from ¥6,402,566,812.54 year-over-year[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥107.23 billion, down 4.23% from ¥111.96 billion at the end of the previous year[7]. - The total liabilities decreased to CNY 75.71 billion from CNY 79.31 billion year-over-year, a reduction of 4.5%[20]. - The company's equity attributable to shareholders decreased by 3.35% to ¥24.59 billion from ¥25.45 billion at the end of the previous year[7]. - Accounts receivable decreased from ¥6,857,913,648.22 to ¥4,825,944,827.62, a reduction of about 29.6%[18]. - Inventory decreased from ¥14,083,484,571.18 to ¥13,477,597,673.39, a decline of approximately 4.3%[18]. - Total current assets decreased from ¥42,566,620,703.52 to ¥37,564,089,996.99, a decrease of about 11.8%[18]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 56,179[13]. - Zhejiang Hengyi Group Co., Ltd. holds 40.61% of shares, totaling 1,488,933,728 shares[13]. - The top ten shareholders collectively hold 223,369,681 shares, accounting for 6.09% of the total share capital[14]. - The company has no pledged or frozen shares among the top ten shareholders[13]. - The company has no preferred shareholders at the end of the reporting period[15]. - The company has initiated a trust plan for employees to increase shareholding, indicating a strategy for employee engagement[15]. Expenses and Investments - The company's financial expenses increased by 34% to ¥80.33 million, primarily due to rising LIBOR rates[11]. - The company's long-term equity investments increased to CNY 13.16 billion, up from CNY 12.83 billion year-over-year[20]. - Research and development expenses for Q1 2023 were CNY 155.57 million, down from CNY 174.07 million in the same period last year, a decrease of 10.6%[23]. - Financial expenses rose to CNY 803.33 million, compared to CNY 597.73 million in Q1 2022, an increase of 34.4%[23]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to improve financial performance[22]. - The first quarter report was not audited[28].