JTL(SZ:300091)2023-04-27 16:00Financial Performance - The company's revenue for Q1 2023 was ¥342,112,525.50, a decrease of 15.34% compared to ¥404,083,155.07 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥23,354,715.17, representing a decline of 1,079.98% from a profit of ¥2,383,177.15 in the previous year[3] - The net loss for Q1 2023 was CNY 20,860,264.04, compared to a net profit of CNY 1,201,942.61 in Q1 2022, indicating a significant decline in profitability[20] - Total operating revenue for Q1 2023 was CNY 342,112,525.50, a decrease of 15.4% compared to CNY 404,083,155.07 in Q1 2022[19] - Total operating costs for Q1 2023 were CNY 371,622,666.74, down from CNY 404,553,919.70 in the same period last year, reflecting a reduction of 8.1%[19] - The total comprehensive income attributable to the parent company was -¥23,354,715.17, compared to ¥2,383,177.15 in the previous period[21] - The basic and diluted earnings per share were both -¥0.0157, down from ¥0.0016 in the previous period[21] Cash Flow - The net cash flow from operating activities improved by 30.55%, amounting to -¥120,828,599.32 compared to -¥173,968,331.74 in the same period last year[3] - Cash inflows from operating activities totaled ¥583,147,982.58, an increase from ¥514,148,970.48 in the previous period[23] - The net cash flow from investing activities improved by 56.17%, totaling -¥42,643,329.54, due to reduced cash payments for fixed asset purchases[9] - Cash outflows from investing activities were ¥43,249,529.54, down from ¥97,287,231.51 in the previous period[24] - The net cash flow from financing activities decreased by 81.68% to ¥60,431,928.59, reflecting a reduction in cash received during the reporting period[9] - Cash inflows from financing activities were ¥313,148,220.52, a decrease from ¥572,782,560.00 in the previous period[24] - The ending balance of cash and cash equivalents was ¥96,433,747.10, a decrease from ¥212,190,303.66 in the previous period[24] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥5,948,184,817.99, down 2.53% from ¥6,102,472,903.24 at the end of the previous year[3] - Total liabilities decreased to CNY 3,560,126,577.93 in Q1 2023 from CNY 3,693,763,545.00 in Q1 2022, reflecting a reduction of 3.6%[17] - The company's equity attributable to shareholders was CNY 2,390,142,824.58, down from CNY 2,413,288,393.89 in the previous year[17] - Cash and cash equivalents decreased from 433,326,120.81 to 321,468,056.06, representing a decline of approximately 25.8%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,272[10] - The total number of restricted shares at the end of the period is 388,779,279, with 29,223,600 shares released during the period[13] - The company has a significant shareholder, Nantong Industrial Holdings Group Co., Ltd., holding 258,899,676 restricted shares[13] - The top ten shareholders include key individuals such as Ji Wei and Ji Wei Dong, with holdings of 69,820,579 and 59,192,130 shares respectively[13] - The total number of shares held by the top ten unrestricted shareholders is 156,249,100[12] - The company reported a total of 418,001,929 restricted shares at the beginning of the period[13] - The company plans to release restricted shares for Ji Wei and Ji Wei Dong at a rate of 25% per year[13] Other Financial Metrics - Other income decreased by 56.19% to ¥1,483,429.47, mainly due to a reduction in government subsidies during the reporting period[7] - The company experienced a 742.07% increase in credit impairment losses, amounting to ¥3,643.20, attributed to the recovery of long-aged receivables[8] - Research and development expenses for Q1 2023 amounted to CNY 14,197,529.19, slightly down from CNY 14,549,286.10 in the previous year[20] - Financial expenses increased to CNY 9,132,318.80 in Q1 2023, compared to CNY 7,740,234.59 in Q1 2022, primarily due to higher interest expenses[20] Audit Status - The first quarter report was not audited[25]