BXLQ(SZ:002307)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,725,058,169.61, a decrease of 4.86% compared to ¥1,813,192,228.96 in the same period last year[5] - Net profit attributable to shareholders was ¥7,292,380.50, down 14.84% from ¥8,563,014.84 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥4,164,771.61, representing a significant decline of 46.10% compared to ¥7,726,380.07 in the previous year[5] - The total profit for Q1 2023 was ¥15,304,369.83, a decrease of 67.28% from ¥46,772,116.10 in the previous year[8] - The company's basic and diluted earnings per share were both ¥0.0057, down 19.72% from ¥0.0071 year-on-year[5] - The weighted average return on equity was 0.21%, a decrease of 0.06% compared to 0.27% in the previous year[5] - The net profit for Q1 2023 was CNY 4,200,776.93, a decrease of 75.3% compared to CNY 17,030,678.91 in Q1 2022[18] - The total comprehensive income for Q1 2023 was CNY -5,219,086.56, compared to CNY 13,781,121.53 in Q1 2022[18] - The basic and diluted earnings per share for Q1 2023 were both CNY 0.0057, down from CNY 0.0071 in Q1 2022[18] Cash Flow and Assets - The net cash flow from operating activities improved by 52.13%, amounting to -¥450,225,179.46, compared to -¥940,518,472.39 in the same period last year[5] - Cash flow from operating activities showed a net outflow of CNY 450,225,179.46, compared to a net outflow of CNY 940,518,472.39 in the previous year[19] - Cash flow from investing activities resulted in a net outflow of CNY 328,929,072.89, an improvement from a net outflow of CNY 1,002,945,296.68 in Q1 2022[19] - Cash flow from financing activities generated a net inflow of CNY 504,357,188.43, significantly lower than CNY 2,796,763,384.95 in the same quarter last year[20] - Total assets at the end of Q1 2023 were ¥51,605,588,067.69, reflecting a slight increase of 0.88% from ¥51,156,013,424.82 at the end of the previous year[5] - As of March 31, 2023, the company's total current assets amounted to CNY 13,547,097,585.77, a decrease from CNY 14,435,167,902.54 at the beginning of the year, representing a decline of approximately 6.15%[14] - The cash and cash equivalents stood at CNY 3,433,348,764.99, down from CNY 3,708,109,965.34, indicating a decrease of about 7.41%[14] - The cash and cash equivalents at the end of Q1 2023 were CNY 2,543,977,356.07, a decrease from CNY 3,966,979,873.02 at the end of Q1 2022[20] Liabilities and Equity - The company's short-term borrowings increased by 40.46%, reaching ¥1,029,904,755.92, compared to ¥733,233,909.50 in the same period last year[8] - Total liabilities rose to CNY 46,026,943,693.37 in Q1 2023, compared to CNY 45,609,358,728.34 in Q1 2022, indicating an increase of 0.92%[16] - The company's total equity reached CNY 5,578,644,374.32 in Q1 2023, up from CNY 5,546,654,696.48 in Q1 2022, marking a growth of 0.58%[16] - The company reported a total equity of CNY 10,000,000,000.00, maintaining stability compared to previous periods[14] Operational Efficiency - The company reported a significant reduction in sales expenses by 94.41%, amounting to ¥2,235,739.42 compared to ¥39,964,118.43 in the same period last year[8] - Total operating costs for Q1 2023 were CNY 1,718,430,341.40, down from CNY 1,776,123,763.96 in the same period last year, reflecting a reduction of 3.25%[17] - Research and development expenses were CNY 381,332.31 in Q1 2023, indicating ongoing investment in innovation[17] Future Outlook - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[13] - The company has plans for strategic acquisitions to bolster its competitive position in the market[13] - The management provided a positive outlook for the upcoming quarters, anticipating growth driven by increased project contracts and operational efficiency improvements[13]