HDXY(SZ:002002)2023-04-28 16:00Financial Performance - The company's revenue for Q1 2023 was ¥834,175,354.74, a decrease of 8.27% compared to ¥909,362,450.61 in the same period last year[6] - Net profit attributable to shareholders was ¥1,957,029.92, down 98.09% from ¥102,467,357.09 year-on-year[6] - The net cash flow from operating activities was -¥563,303.32, a decline of 113.64% compared to ¥4,130,477.64 in the previous year[6] - Basic earnings per share decreased to ¥0.0006, down 98.17% from ¥0.0327 in the same period last year[6] - Total operating revenue for Q1 2023 was CNY 834,175,354.74, a decrease of 8.26% compared to CNY 909,362,450.61 in the previous period[22] - Net profit for Q1 2023 was CNY 1,721,155.30, a significant decline from CNY 102,128,102.15 in the same period last year[23] - The company reported a decrease in operating profit to CNY 1,593,691.44, down from CNY 117,379,478.92 in the previous period[23] - The company reported a total comprehensive income of CNY 1,721,155.30 for the quarter, compared to CNY 102,128,102.15 in the same period last year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥18,767,940,404.97, a slight decrease of 0.10% from ¥18,786,559,429.36 at the end of the previous year[6] - Total liabilities were CNY 8,444,000,919.28, a decrease from CNY 8,465,038,353.00 in the previous period[21] - The company's equity attributable to shareholders reached CNY 10,271,142,247.46, up from CNY 10,268,487,963.51 in the previous period[21] Cash Flow - Operating cash inflow for the current period was $195,169,256.55, an increase of 10.5% from $177,015,824.17 in the previous period[26] - Operating cash outflow for the current period was $195,732,559.87, up from $172,885,346.53, resulting in a net cash flow from operating activities of -$563,303.32 compared to $4,130,477.64 previously[26] - The net decrease in cash and cash equivalents for the current period was -$1,013,279.46, compared to -$1,613,367.49 previously[27] - The ending balance of cash and cash equivalents was $7,995,390.64, up from $7,671,964.76 in the previous period[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 170,506[13] - Guangzhou Rural Commercial Bank holds 340,918,020 shares, representing 10.92% of the total share capital, making it the largest shareholder[17] - Hongda Xingye Group holds 223,946,367 shares, representing 7.17% of the total share capital, with a significant portion of shares pledged[13] Research and Development - Research and development expenses increased by 117.05% to ¥14,967,075.50 from ¥6,895,695.38 year-on-year[10] - Research and development expenses rose to CNY 14,967,075.59, an increase of 117.5% compared to CNY 6,895,695.38 in the previous period[22] Business Operations - The company is actively developing hydrogen energy business, leveraging its technologies in hydrogen production, storage, and application[16] - The company has a dual main business model focusing on chlor-alkali and hydrogen energy[15] - The company is involved in various new materials and environmental remediation services, including PVC products and soil conditioners[15] Inventory and Receivables - The company reported a significant increase in accounts receivable by 32.09% to ¥6,162,416.60, attributed to an increase in bill settlements[10] - The company has a total of 1,203,696,833.53 yuan in inventory as of March 31, 2023[19]