新疆交建(002941) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥398,516,700.58, a decrease of 24.95% compared to ¥531,012,142.28 in the same period last year[5] - Net profit attributable to shareholders was ¥6,926,635.10, representing an increase of 78.76% from ¥3,874,878.41 year-on-year[5] - Net profit for Q1 2023 was CNY 1,208,053.17, a decline of 53.3% from CNY 2,596,521.73 in Q1 2022[21] - Total operating costs for Q1 2023 were CNY 453,331,062.89, down from CNY 583,948,380.27, reflecting a reduction of approximately 22.4%[20] - Earnings per share for Q1 2023 remained at CNY 0.01, consistent with the previous year[21] Cash Flow - The net cash flow from operating activities was -¥856,037,224.95, an improvement of 15.80% compared to -¥1,016,645,362.74 in the previous year[5] - Cash inflow from operating activities totaled approximately $976 million, down 34% from $1.48 billion in the previous period[24] - Cash outflow from operating activities was approximately $1.83 billion, a decrease of 26.7% compared to $2.5 billion last year[24] - Net cash flow from operating activities was negative at approximately -$856 million, an improvement from -$1.02 billion in the previous period[24] - The company reported a significant increase in credit impairment losses, amounting to CNY 60,856,355.68, compared to CNY 46,482,676.37 in the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,967,310,660.20, down 8.85% from ¥18,614,253,741.70 at the end of the previous year[5] - Current assets totaled CNY 8,825,730,199.75, down from CNY 10,444,315,273.22, indicating a decline of about 15.5%[17] - The company's total liabilities decreased to CNY 12,506,727,215.02 from CNY 14,153,346,727.41, indicating a reduction of about 11.6%[22] - The total equity of the company remained stable at CNY 4,460,583,445.18, compared to CNY 4,460,907,014.29 in the previous period[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 44,306[13] - The largest shareholder, the Xinjiang Uygur Autonomous Region People's Government, holds 34.00% of the shares[13] - The company has a total of 10 major shareholders, with the top five holding a combined total of 426,124,446 shares, representing approximately 66.00% of total shares[14] Strategic Outlook - The company is exploring new strategies for market expansion and product development to enhance future growth prospects[16] - Future outlook and performance guidance were not explicitly mentioned in the provided documents, suggesting a cautious approach moving forward[22] Financial Ratios and Metrics - The company's weighted average return on equity increased to 0.24% from 0.15% year-on-year[5] - The company's cash flow from operating activities was not detailed in the provided documents, indicating a need for further analysis[22] Cash Reserves - The company reported a significant decrease in cash reserves, which may impact liquidity and operational flexibility moving forward[17] - The ending cash and cash equivalents balance was approximately $2.55 billion, down from $2.93 billion in the previous period[25]