Sineng(SZ:300827)2023-04-26 16:00Cash Flow and Operating Activities - The net cash flow from operating activities was -488,059,108.94 CNY, compared to -402,557,418.44 CNY in the previous year, indicating a decline of approximately 21.3%[2] - Total operating cash inflow reached 602,302,483.48 CNY, up from 443,271,205.36 CNY, reflecting an increase of about 35.9%[2] - Cash outflow from operating activities increased to 1,090,361,592.42 CNY, compared to 845,828,623.80 CNY, marking a rise of approximately 29.0%[2] - The company's cash flow from operating activities showed a net outflow of ¥488,059,108.94, which is a 21.24% increase in outflow compared to ¥402,557,418.44 in the same period last year[36] - The net cash flow from financing activities was -¥17,561,029.46, an improvement from -¥30,483,353.40 in the previous year, indicating better cash management[46] Assets and Liabilities - The company's total current assets rose to 4,275,145,889.77 CNY from 4,142,983,025.48 CNY, an increase of about 3.2%[3] - The total liabilities increased to 3,682,610,027.38 CNY from 3,586,954,883.91 CNY, reflecting a growth of approximately 2.7%[6] - The company's total assets increased to 4,760,736,155.97 CNY from 4,615,016,490.83 CNY, representing a growth of about 3.2%[6] Revenue and Profit - Total operating revenue for Q1 2023 reached ¥620,146,996.73, a significant increase of 184.83% compared to ¥218,064,588.66 in the same period last year[14] - Total operating costs for Q1 2023 were ¥581,239,182.95, up 179.00% from ¥208,180,030.27 in Q1 2022[14] - Net profit for Q1 2023 was ¥36,516,585.64, representing a 126.80% increase from ¥16,115,560.54 in Q1 2022[16] - The total profit for Q1 2023 was ¥37,421,312.52, an increase of 148.00% from ¥15,025,642.91 in the previous year[16] - The net profit attributable to shareholders for Q1 2023 was ¥36,516,585.64, up 126.59% from ¥16,115,560.54 in Q1 2022[36] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥31,965,521.03, reflecting a 120.17% increase from ¥14,518,549.45 in the previous year[36] Expenses - Research and development expenses increased to ¥34,027,855.63, up 83.61% from ¥18,526,866.95 in the previous year[14] - The company experienced a 332.51% rise in non-operating expenses, totaling ¥105,317.03 compared to ¥24,349.93 in Q1 2022[29] - The company reported a tax expense of ¥904,726.88, a significant increase from a tax benefit of -¥1,089,917.63 in Q1 2022[29] - Research and development expenses for Q1 2023 were ¥34,027,855.63, an increase of 83.67% from ¥18,526,866.95 in the previous year, indicating a focus on innovation[38] - The company experienced a 72.07% decrease in employee compensation payable, amounting to ¥9,770,542.56, due to the payment of last year's bonuses[38] Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,579[48] - The largest shareholder, Wu Qiang, holds 21.34% of the shares, amounting to 50,706,000 shares[48] - The second-largest shareholder, Duan Yuhe, holds 9.95% of the shares, totaling 23,653,012 shares[48] - The third-largest shareholder, Wuxi Shuo Hong Investment, owns 8.86% of the shares, which is 21,060,000 shares[48] - The top ten unrestricted shareholders include Duan Yuhe with 5,913,253 shares and Jiang Zhengmao with 4,830,120 shares[49] - Wu Qiang, the controlling shareholder, holds significant stakes in multiple investment firms, including 48.95% in Shuo Hong Investment[49] Other Financial Metrics - The cash received from investment activities was 149,599,269.56 CNY, down from 175,136,509.15 CNY, indicating a decrease of about 14.6%[2] - The cash outflow from investment activities was 161,013,303.16 CNY, compared to 186,862,212.47 CNY, showing a decline of approximately 13.8%[2] - The cash received from loans was 69,861,117.00 CNY, compared to 42,000,000.00 CNY, reflecting an increase of approximately 66.5%[2] - Investment income surged by 525.06% to ¥853,269.56 from ¥136,509.15 in the same quarter last year[29] - The company reported a significant increase in interest income, which rose by 446.86% to ¥5,387,535.49 compared to ¥985,170.39 in Q1 2022[29] - Earnings per share for Q1 2023 were ¥0.15, compared to ¥0.07 in the same quarter last year[16] - The basic earnings per share for Q1 2023 was ¥0.15, an increase of 114.29% compared to ¥0.07 in Q1 2022[36] Audit Status - The first quarter report has not been audited[51]