LZJT(SZ:300428)2023-04-24 16:00Financial Performance - The company's operating revenue for the reporting period was ¥5,122,339,108.08, a decrease of 7.50% compared to the same period last year[21]. - Net profit attributable to shareholders was ¥117,995,888.97, down 12.11% year-on-year[21]. - The net profit excluding equity incentive expenses attributable to shareholders increased by 6.78% to ¥152,349,783.66[21]. - The total operating revenue for Q1 2023 was ¥5,122,339,108.08, a decrease of approximately 7.5% compared to ¥5,537,676,751.54 in the same period last year[36]. - The total operating costs for Q1 2023 were ¥5,038,980,901.84, down from ¥5,420,275,365.29, reflecting a reduction of about 7.0%[36]. - The net profit attributable to the parent company increased to ¥3,498,653,820.78 from ¥3,380,657,931.80, showing a growth of approximately 3.5%[36]. - The net profit for the first quarter of 2023 is approximately ¥117.18 million, a decrease of 12.7% compared to ¥134.13 million in the same period last year[49]. - The total profit for the first quarter is approximately ¥135.46 million, down from ¥155.19 million, reflecting a decline of 12.7% year-over-year[49]. - The operating profit for the first quarter is approximately ¥135.81 million, down from ¥154.96 million, indicating a decline of 12.3% year-over-year[49]. Cash Flow - The net cash flow from operating activities improved to -334,592,489.96 CNY, a 64.82% increase compared to -951,100,594.04 CNY in the same period last year[9]. - The net cash flow from investing activities was -286,289,111.97 CNY, reflecting a 12.85% increase from -253,693,094.93 CNY year-over-year, primarily due to increased capital expenditures on construction projects[9]. - The net cash flow from financing activities decreased significantly by 84.58% to 158,650,734.85 CNY from 1,029,097,491.97 CNY, mainly due to a substantial reduction in bank borrowings[9]. - The company's cash inflow from operating activities totaled 4,971,242,673.30 yuan, down from 5,382,665,182.79 yuan, a decrease of approximately 7.63%[39]. - The company’s cash outflow for purchasing goods and services was 4,570,321,749.45 yuan, a decrease from 5,684,082,249.48 yuan, reflecting a reduction of about 19.6%[39]. - The total cash inflow from financing activities was approximately ¥2.81 billion, a decrease from ¥2.94 billion in the same period last year[55]. Assets and Liabilities - The total assets at the end of the reporting period were ¥17,107,132,172.64, reflecting a 0.96% increase from the end of the previous year[21]. - The total liabilities at the end of the period were ¥10,984,910,440.70, slightly down from ¥11,001,608,670.13, a decrease of about 0.15%[36]. - The total liabilities decreased to 7,930,170,378.05 yuan from 8,656,705,216.75 yuan, indicating a reduction of about 8.38%[45]. - Long-term borrowings rose to 2,759,234,683.97 yuan from 2,059,437,642.78 yuan, indicating an increase of about 33.9%[45]. - The total equity attributable to shareholders increased to ¥5,908,623,603.69 from ¥5,729,859,360.22, showing an increase of approximately 3.1%[36]. Shareholder Information - The total number of shareholders holding shares without restrictions is 227,971,910, with the largest shareholder being Tianjin Dong'an Brothers Co., Ltd.[12]. - The company has not reported any changes in the management team during this quarter[16]. - The company does not classify any non-recurring gains and losses as regular gains and losses, ensuring compliance with disclosure regulations[7]. Research and Development - Development expenditures surged by 260.22% to ¥11,796,318.78, indicating a significant increase in new product research and development[23]. - Research and development expenses for Q1 2023 were ¥148,254,618.85, an increase from ¥120,619,599.75, marking a rise of approximately 22.9%[36]. Other Financial Metrics - The weighted average return on equity decreased to 2.03%, down 0.58% from the previous year[21]. - The company reported a basic and diluted earnings per share of 0.19 yuan, compared to 0.22 yuan in the previous period, representing a decline of about 13.64%[39]. - The total comprehensive income attributable to the parent company's owners was 138,391,838.46 yuan, slightly up from 137,839,161.81 yuan, showing a marginal increase of 0.40%[39]. - The company incurred a credit impairment loss of approximately ¥13.02 million, which is an improvement from ¥22.56 million in the same period last year[49]. - The company reported a significant increase in cash outflow for the purchase of fixed assets, totaling approximately ¥331.65 million, compared to ¥147.93 million last year[55]. - The company adjusted its convertible bond issuance plan, reducing the total amount raised and reallocating funds from the "Shandong Lithium Battery New Material Project" to supplement working capital[30].