HPF(SZ:300350)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥96,749,475.33, representing a 17.51% increase compared to ¥82,330,796.86 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥1,024,675.28, a decrease of 225.66% from a profit of ¥815,425.96 in the previous year[3]. - The company's basic and diluted earnings per share were both -¥0.0018, a decrease of 220.00% from ¥0.0015 in the same period last year[3]. - The net profit for Q1 2023 was CNY 162,428.70, a significant decrease from CNY 1,857,205.00 in Q1 2022, representing a decline of approximately 91.25%[31]. - The operating profit for Q1 2023 was CNY 1,283,373.93, down from CNY 2,270,403.24 in the same period last year, indicating a decrease of about 43.66%[31]. - The total profit for Q1 2023 was CNY 1,261,472.12, compared to CNY 2,247,007.25 in Q1 2022, reflecting a decline of approximately 43.73%[31]. Cash Flow - The net cash flow from operating activities was -¥17,991,739.81, a decline of 47.56% compared to -¥12,193,006.56 in Q1 2022[11]. - The cash flow from operating activities for Q1 2023 was negative at CNY -17,991,739.81, worsening from CNY -12,193,006.56 in Q1 2022[34]. - The cash flow from investing activities showed a net inflow of CNY 12,962,270.49 in Q1 2023, compared to a net outflow of CNY -6,024,837.46 in Q1 2022[35]. - The cash flow from financing activities resulted in a net inflow of CNY 35,422,310.71 in Q1 2023, a recovery from a net outflow of CNY -29,379,192.46 in Q1 2022[35]. - The company reported a significant increase in cash received from other investment activities, totaling CNY 240,684,784.72 in Q1 2023, compared to CNY 183,425,750.00 in Q1 2022[34]. - The company experienced a decrease in cash received from sales of goods and services, which amounted to CNY 116,102,872.31 in Q1 2023, down from CNY 126,431,880.99 in Q1 2022, a decline of approximately 8.43%[34]. Assets and Liabilities - The total assets at the end of Q1 2023 were ¥1,664,543,348.12, down 3.02% from ¥1,716,451,874.39 at the end of the previous year[3]. - The total liabilities decreased to CNY 797,027,598.45 from CNY 849,581,780.78, showing a reduction of about 6.2%[28]. - The accounts receivable decreased to CNY 548,559,442.49 from CNY 623,818,957.01, indicating a reduction of approximately 12.1%[26]. - The cash and cash equivalents at the end of the reporting period amounted to CNY 114,792,829.66, an increase from CNY 81,821,420.76 at the beginning of the year[26]. - The total cash and cash equivalents at the end of Q1 2023 were CNY 108,875,040.54, down from CNY 269,836,259.19 at the end of Q1 2022[35]. Operating Costs and Expenses - The company's operating costs increased by 37.25% to ¥77,109,216.23, primarily due to higher costs in international logistics and surveying projects[9]. - The total operating costs for the first quarter of 2023 were CNY 108,546,469.71, up from CNY 87,537,497.60, reflecting a year-over-year increase of 23.9%[29]. - Financial expenses surged by 353.33% to ¥1,456,208.35, mainly due to the absence of loan interest subsidies received in the same period last year[9]. - The company reported a research and development expense of CNY 8,354,910.68, which is a decrease of 12.4% from CNY 9,544,219.54 in the previous year[29]. Shareholder Information - The company reported a total of 31,269 ordinary shareholders at the end of the reporting period[12]. - The company reported a total of 66,273,244 restricted shares held by major shareholder Zhang Jingyu, with 75% of his total shares locked up[16]. - Major shareholder Zheng Zhiqian holds 21,020,000 shares, with a portion held through a margin trading account[14]. - The company has canceled 115,000 restricted shares from a former executive due to their departure, completing the repurchase process in February 2023[21]. - The company has a total of 94,335,961 restricted shares remaining after the recent cancellations[21]. - The company has not disclosed any other significant shareholder relationships beyond those mentioned[14]. Legal Matters - The company has received a total of RMB 47,060,739.25 from a lawsuit regarding the repurchase of a 16.43% stake in Suzhou Saifu Technology Co., Ltd., with a total claim of RMB 64,800,000[18]. - The company is involved in an arbitration case concerning a performance commitment from 2018 and 2019, with a disputed amount of approximately RMB 541,470,000[19]. - The company will continue to monitor the execution progress of ongoing legal matters and fulfill disclosure obligations[19]. New Ventures - The company has established a new subsidiary, Hangzhou Huapengfei Logistics Technology Co., Ltd., with a 60% ownership stake, investing RMB 600,000[20]. - The company is in the process of setting up Huapengfei (Hong Kong) Limited with a registered capital of HKD 1,000,000, focusing on warehousing and logistics services[20].