MASON(SZ:002654)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥935,277,173.13, representing a 22.06% increase compared to ¥766,264,949.59 in the same period last year[4] - The net profit attributable to shareholders of the listed company was -¥11,806,826.19, a decrease of 91.29% from -¥6,172,069.24 year-on-year[4] - The total comprehensive income for Q1 2023 was -20,825,211.13 RMB, compared to -5,601,060.23 RMB in the previous year, indicating a significant increase in losses[24] - The company's net profit attributable to shareholders for Q1 2023 was -11,806,826.19 RMB, compared to -6,172,069.24 RMB in the same period last year, indicating a decline in profitability[24] - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was -¥13,239,042.98, a 69.50% decline from -¥7,810,593.82 in the previous year[4] - The company's total profit before tax was -27,388,135.12, compared to -8,144,954.35, indicating a significant decline in profitability[47] Cash Flow - The net cash flow from operating activities was -¥5,278,490.42, a significant decline of 104.12% compared to ¥128,250,464.95 in the previous year[4] - The net cash flow from operating activities was -5,278,490.42, a significant decrease compared to 128,250,464.95 in the previous period, indicating a decline in operational performance[43] - The net cash flow from investing activities was -10,180,281.44, a decrease of 230.86% compared to -3,076,910.14 in the previous period[31] - Cash outflow from investing activities was 10,232,681.44, significantly higher than 3,223,910.14, suggesting increased investment expenditures[43] - The total operating cash outflow was 1,356,853,073.23, compared to 1,011,102,327.35, reflecting higher operational costs[43] - The cash and cash equivalents at the end of the period were 251,815,146.78, down from 506,949,637.65 at the beginning of the period[31] - The company reported a decrease in cash and cash equivalents by -146,144,345.64, compared to -58,686,804.14 in the previous period, indicating liquidity challenges[43] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,484,131,594.84, down 17.75% from ¥4,236,073,566.15 at the end of the previous year[4] - Total assets decreased from 4,236,073,566.15 RMB at the beginning of the year to 3,484,131,594.84 RMB by the end of Q1 2023, reflecting a reduction of approximately 17.7%[20] - The company's total current assets decreased from 3,216,566,760.34 RMB to 2,468,230,028.21 RMB, a decline of approximately 23.3%[20] - The total liabilities decreased to 1,883,769,989.74 from 2,614,886,749.92, reflecting a reduction in current liabilities[38] - The company's short-term borrowings decreased from 514,767,949.99 RMB to 384,644,041.67 RMB, a reduction of about 25.3%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,464[8] - The largest shareholder, Changjiang Industrial Investment Group Co., Ltd., held 23.62% of the shares, amounting to 201,978,254 shares[8] Earnings Per Share - The basic and diluted earnings per share were both -¥0.0138, reflecting a 91.67% decrease from -¥0.0072 year-on-year[4] - The company reported a basic and diluted earnings per share of -0.0138 for Q1 2023, compared to -0.0072 in the same period last year[24] Investment and Future Strategies - The company has signed an investment cooperation framework agreement with the Wuhan Qingshan District People's Government, indicating potential future expansion strategies[19] - The company reported a significant increase in fair value gains of 1114.29%, reaching 7,006,577.49, compared to -690,789.33 in the previous period[31] Other Income - The company experienced a 39.66% decrease in other income, which amounted to 4,743,682.55 compared to 7,862,148.02 in the previous period[31] - The company incurred interest expenses of 9,541,130.55, down from 14,504,664.67, indicating a reduction in debt servicing costs[47]