珈伟新能(300317) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥99,950,447.57, a decrease of 59.93% compared to ¥249,447,945.23 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥11,979,999.28, representing a decline of 142.09% from a profit of ¥28,459,634.42 in the previous year[5] - The total revenue for the first quarter of 2023 was approximately RMB 124.62 million, a decrease of 55.92% compared to the previous period[13] - The company reported a net loss of CNY 2,409,923,863.05 for Q1 2023, compared to a loss of CNY 2,397,943,863.77 in the previous quarter[22] - The net profit for Q1 2023 was -13,645,639.27 CNY, compared to a net profit of 29,159,596.07 CNY in the same period last year, indicating a significant decline[25] - The total comprehensive income for Q1 2023 was -12,131,359.77 CNY, compared to 28,519,504.56 CNY in Q1 2022[25] Cash Flow and Liquidity - The net cash flow from operating activities was a negative ¥100,793,212.79, down 127.47% from ¥366,979,539.31 in the prior year[5] - Cash received from tax refunds was RMB 5.81 million, down 43.93% year-on-year, reflecting a decrease in income[13] - The company raised 93,500,000.00 CNY through borrowings during the financing activities in Q1 2023[28] - The net cash flow from financing activities was 79,630,242.74 CNY, compared to a net outflow of -54,568,776.00 CNY in Q1 2022[28] - Cash and cash equivalents decreased to CNY 333,886,389.50 from CNY 441,094,309.07 at the beginning of the year, representing a decline of approximately 24.4%[21] - Cash and cash equivalents at the end of the period were 280,164,805.58 CNY, a decrease from 405,643,305.74 CNY at the end of Q1 2022[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,520,411,907.16, an increase of 7.88% from ¥2,336,255,297.01 at the end of the previous year[5] - The company's total liabilities rose to CNY 721,251,587.66, compared to CNY 535,984,291.90 at the beginning of the year, marking an increase of approximately 34.5%[22] - Long-term equity investments increased to CNY 482,917,569.67 from CNY 445,141,019.45, showing a growth of about 8.5%[21] - Inventory decreased to CNY 90,551,082.62 from CNY 121,337,325.23, indicating a reduction of approximately 25.4%[21] - The company's total equity decreased to CNY 1,799,160,319.50 from CNY 1,806,819,572.93, a decline of approximately 0.4%[22] Operational Metrics - The company experienced a 41.88% increase in fixed assets, totaling ¥632,775,476.41, attributed to the acquisition of power stations[10] - The goodwill increased by 241.26% to ¥15,587,110.50, also due to the acquisition of power stations[10] - Management expenses rose by 82.85% to ¥28,870,052.59, mainly due to the accrual of equity incentive expenses and bonuses[11] - The company incurred operating expenses of 150,119,969.47 CNY, slightly up from 147,054,454.19 CNY in the previous year[27] - Research and development expenses for Q1 2023 were CNY 3,259,815.33, up from CNY 2,734,203.20 in the previous year, reflecting an increase of about 19.2%[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,065[14] - The largest shareholder, Zhenfa Energy Group, holds 18.06% of the shares, amounting to 148,828,235 shares, with a significant portion pledged[14] Acquisitions and Contracts - The company signed a major EPC contract for a 100 MW photovoltaic power generation project with Wuxian Lufeng New Energy Technology Co., Ltd.[16] - The acquisition of 100% equity in Zhanhua Zhengda Photovoltaic Power Generation Co., Ltd. was approved and completed[17] - The acquisition of 100% equity in Huainan Zheneng Photovoltaic Power Generation Co., Ltd. was also approved and completed[18] Revenue and Sales - Operating revenue from sales was 124,617,801.41 CNY, down 56.0% from 282,686,797.79 CNY in Q1 2022[27] - Total operating costs for Q1 2023 were CNY 129,530,110.40, down from CNY 249,496,348.71 year-over-year[23]