Financial Performance - The company's operating revenue for Q1 2023 was ¥8,248,067,064.69, a decrease of 37.25% compared to ¥13,144,612,557.84 in Q1 2022[7] - The total operating revenue for Q1 2023 was ¥8,248,067,064.69, down 37.4% from ¥13,144,612,557.84 in the same period last year[24] - The total operating costs for Q1 2023 were ¥8,188,626,415.45, a decrease of 36.8% compared to ¥12,942,893,669.77 in Q1 2022[24] - The net profit for Q1 2023 was ¥71,164,831.66, down 46.9% from ¥133,938,331.22 in Q1 2022[26] - Net profit attributable to shareholders was ¥71,164,831.66, down 46.87% from ¥133,938,331.22 year-on-year[32] - Basic and diluted earnings per share were both ¥0.1249, reflecting a decrease of 46.85% from ¥0.2350 in the same period last year[32] Cash Flow - The net cash flow from operating activities was -¥118,890,048.89, an improvement of 96.75% compared to -¥3,655,092,690.29 in the same period last year[17] - Cash inflow from operating activities totaled ¥7,452,116,675.95, down from ¥9,720,833,613.81 in the previous year[32] - The cash flow from operating activities showed a notable decline, indicating potential challenges in operational efficiency[48] Assets and Liabilities - The total assets of the company decreased by 100% in derivative financial assets, indicating a significant reduction in forward foreign exchange business not settled at the end of the period[7] - The company's total liabilities as of March 31, 2023, were ¥16,624,278,597.56, a decrease from ¥16,959,824,354.04 at the beginning of the year, reflecting a reduction of approximately 2.0%[24] - The company's accounts receivable decreased by 56.40% to ¥246,572,935.75, attributed to a decline in business scale[7] - The company's accounts receivable increased to ¥7,127,537,790.71 as of March 31, 2023, up from ¥5,560,857,851.59 at the beginning of the year, indicating a rise of approximately 28.2%[21] - The company's total liabilities decreased by 52.73% in employee payables, amounting to ¥36,527,627.08, due to the distribution of last year's bonuses[7] Financial Expenses - The company's financial expenses increased by 41.16% to ¥133,235,377.74, primarily due to interest expenses rising from the Federal Reserve's interest rate hikes[7] - The financial expenses for Q1 2023 were ¥133,235,377.74, up 41.1% from ¥94,383,279.42 in Q1 2022, primarily due to increased interest expenses[26] Equity and Other Income - The company's total equity increased to ¥2,817,644,751.75 as of March 31, 2023, compared to ¥2,767,776,305.37 at the beginning of the year, marking a growth of approximately 1.8%[24] - The company's other income decreased by 44.02% to ¥2,112,443.80, mainly due to a reduction in government subsidies[7] - The company reported a decrease in other comprehensive income, with a net loss of ¥21,296,385.28 in Q1 2023 compared to a loss of ¥311,775.97 in Q1 2022[26] Inventory and Prepayments - The company’s prepayments increased by 54.56% to ¥1,458,163,322.13, mainly due to increased procurement prepayments[7] - Inventory decreased to ¥7,513,430,360.15 from ¥9,592,338,938.56, indicating a reduction in stock levels[40]
中电港(001287) - 2023 Q1 - 季度财报