Star-net(SZ:002396)2023-04-25 16:00Financial Performance - The company's revenue for Q1 2023 was ¥3,352,629,155.06, representing a 13.63% increase compared to ¥2,950,478,580.66 in the same period last year[16] - Net profit attributable to shareholders decreased by 31.35% to ¥80,885,930.41 from ¥117,813,712.08 year-on-year[16] - The net profit after deducting non-recurring gains and losses was ¥72,267,335.86, down 25.65% from ¥97,186,563.82 in the previous year[16] - Basic earnings per share decreased by 31.34% to ¥0.1387 from ¥0.2020 year-on-year[16] - Operating profit decreased to ¥93,153,194.07 from ¥166,785,637.51, a decline of 44.1% year-over-year[30] - Net profit for the period was ¥149,018,041.39, down from ¥181,403,263.53, representing a decrease of 17.8%[30] Cash Flow - The operating cash flow net amount improved by 27.32%, with a cash outflow of ¥824,714,731.52 compared to ¥1,134,789,422.79 in the same period last year[16] - Cash flow from investment activities showed a net outflow of ¥186,138,364.18, a decrease of 110.27% compared to the previous year[30] - Cash flow from financing activities decreased by 76.57% to ¥219,199,038.69 from ¥935,550,455.35[30] - The net increase in cash and cash equivalents was a negative ¥829,721,151.67, a decline of 185.41% year-over-year[30] - The company reported a net increase in cash and cash equivalents of -829,721,151.67 during the period[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,403,963,671.86, a decrease of 7.40% from ¥14,446,104,964.16 at the end of the previous year[16] - Total liabilities decreased to ¥4,557,285,920.92 from ¥5,792,420,818.91, a decline of 21.3%[26] - Deferred tax assets increased to ¥595,430,602.29 from ¥540,119,342.49, reflecting a growth of 10.3%[26] - The company’s goodwill remained stable at ¥217,747,306.16, unchanged from the previous year[26] - The total accounts receivable increased by 31.07% to 2,204,821,791.49, attributed to higher sales revenue[37] Expenses - Management expenses increased by 38.47% to ¥157,300,250.82 compared to ¥113,598,609.65 in the previous year[20] - Other income decreased by 34.60% to ¥74,430,272.50 from ¥113,808,730.80 year-on-year[20] - The company reported a significant increase in credit impairment losses, amounting to -¥10,383,155.02, which is a 3129.25% increase compared to -¥321,534.51 in the previous year[20] - The total operating costs amounted to CNY 3,330,316,995.51, up from CNY 2,898,142,920.44, reflecting a year-over-year increase of 14.8%[47] - Research and development expenses increased to CNY 538,731,341.04, compared to CNY 432,906,659.42, marking a rise of 24.5%[47] Shareholder Information - Shareholders' equity attributable to the parent company increased by 1.48% to ¥6,161,361,886.77 from ¥6,071,145,954.11 year-on-year[16] - The total number of ordinary shareholders at the end of the reporting period was 58,861[41] - The largest shareholder, Fujian Electronic Information Group, holds 26.07% of the shares[41]