岭南股份(002717) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥501,079,284.71, representing a 7.96% increase compared to ¥464,152,292.84 in the same period last year[4] - The net loss attributable to shareholders was ¥50,525,000.29, an improvement of 15.47% from a loss of ¥59,771,017.79 in the previous year[4] - The basic earnings per share were -¥0.0301, an improvement of 15.21% from -¥0.0355 in the same period last year[4] - Net profit for the first quarter was a loss of CNY 52,349,866.80, compared to a loss of CNY 59,739,006.57 in the same period last year, indicating an improvement[31] - The net profit attributable to the parent company for Q1 2023 was -50,525,000.29 CNY, compared to -59,771,017.79 CNY in Q1 2022, showing an improvement of approximately 15.5%[32] - The total comprehensive income attributable to the parent company was -50,525,000.29 CNY, compared to -59,763,919.76 CNY in the previous year, indicating a reduction in losses[32] - The company’s total comprehensive income for Q1 2023 was -52,349,866.80 CNY, compared to -59,722,107.94 CNY in Q1 2022, showing a reduction in overall losses[32] Cash Flow - The net cash flow from operating activities was -¥279,453,669.55, a significant decline of 355.66% compared to -¥61,328,790.06 in the same period last year[4] - Cash inflows from operating activities totaled 1,042,792,058.86 CNY, down from 1,584,708,755.57 CNY in the previous year, representing a decrease of approximately 34.3%[34] - Cash outflows from operating activities amounted to 1,322,245,728.41 CNY, compared to 1,646,037,545.63 CNY in the previous year, reflecting a decrease of about 19.7%[34] - The net cash flow from financing activities was 21,429,863.04 CNY, compared to -338,665,669.73 CNY in the previous year, indicating a significant turnaround[34] - The company reported a total cash inflow from financing activities of 987,077,505.00 CNY, up from 517,648,949.66 CNY in Q1 2022, an increase of approximately 90.5%[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,536,518,663.62, down 3.96% from ¥17,217,672,220.53 at the end of the previous year[4] - Current liabilities totaled CNY 11,408,878,562.67, a slight decrease from CNY 11,739,967,997.74[28] - Long-term borrowings decreased to CNY 825,124,979.09 from CNY 1,144,824,979.09, showing a reduction of 28%[28] - The company's total equity attributable to shareholders decreased by 1.50% to ¥3,280,077,176.98 from ¥3,330,167,232.11 at the end of the previous year[4] Investments and Expenses - The company reported a 105.50% increase in investment income, amounting to ¥1,078.83 million, due to higher returns from joint ventures and associates[15] - The company experienced a 41.76% decrease in selling expenses, amounting to ¥5,595,900, attributed to fewer project tenders during the Spring Festival[13] - The company's intangible assets increased by 38.69% to ¥24,888,200, mainly due to the purchase of land use rights[8] - Total operating costs amounted to CNY 588,229,158.08, up from CNY 576,210,763.09, reflecting a rise of 2.3%[31] - The company reported an increase in research and development expenses to CNY 21,939,032.60 from CNY 20,751,756.10, indicating a focus on innovation[31] Shareholder Information - As of December 31, 2022, the top shareholder, Yin Hongwei, held 291,848,971 shares, representing 17.32% of the total share capital, and has delegated voting rights to Huaying Industrial Investment[23] - Huaying Industrial Investment holds 84,260,000 shares and controls a total of 376,108,971 shares through voting rights delegation, making it the controlling shareholder[23] - The company has a total of 116,122 common stock shareholders at the end of the reporting period[22] - The top ten shareholders hold a combined 26.76% of the company's shares, with Yin Hongwei being the largest shareholder[22] Debt Management - The company is actively communicating with stakeholders regarding repayment plans for outstanding debts, totaling 84,144,000.03 yuan[24] - The company plans to take legal action if the outstanding debts are not repaid by the specified deadlines[24] - The company reported a significant increase in borrowings, contributing to the positive cash flow from financing activities[22]