东软集团(600718) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,656,477,579, representing a year-on-year increase of 29.57%[1] - The net profit attributable to shareholders was CNY 5,058,913, while the net profit excluding non-recurring gains and losses was CNY -26,847,364[1] - Basic and diluted earnings per share were both CNY 0.004[1] - The weighted average return on equity increased by 0.37 percentage points to 0.05%[1] - The net profit attributable to shareholders of the listed company for Q1 2023 was CNY 506,000, an increase of CNY 35,180,000 compared to the same period last year[20] - The total profit amounted to 15,575,991, recovering from a loss of 16,394,290 in the same period last year[26] - The company reported a basic earnings per share of 0.004, compared to a loss per share of 0.03 in the previous year[26] - The total comprehensive income attributable to the parent company was -8,572,769, compared to -54,242,952 in the previous year, indicating a significant improvement[26] Cash Flow - The net cash flow from operating activities was CNY -545,617,344[1] - The company recorded a net cash flow from operating activities that increased due to a reduction in cash paid for goods and services[18] - Cash flow from operating activities totaled 1,768,126,820, slightly down from 1,808,854,681 year-over-year[27] - The company experienced a net cash decrease of 504,293,085, contrasting with an increase of 93,193,692 in the previous year[30] - The net cash flow from operating activities was -$545,617,344, an improvement from -$922,905,793 in the previous period, indicating a reduction in cash outflow[39] - The cash flow from operating activities showed a notable improvement, suggesting operational efficiency gains[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,407,075,142, a decrease of 2.46% compared to the end of the previous year[1] - The total liabilities amounted to CNY 7,177,565,978, down from CNY 7,680,603,805 in the previous period[9] - The total liabilities decreased from CNY 9,560,087,089 to CNY 9,056,774,358, indicating a reduction in financial obligations[10] - The total equity attributable to shareholders of the parent company increased from CNY 9,237,841,662 to CNY 9,280,257,865[10] Revenue Breakdown - The company's self-developed software, products, and services generated revenue of CNY 1,442,860,000, up 39.17% year-on-year, accounting for 87.11% of total revenue[20] - The system integration business reported revenue of CNY 170,850,000, a decline of 16.53% year-on-year, representing 10.31% of total revenue[20] Expenses - Research and development expenses increased to 215,201,236, up from 187,317,591, reflecting a growth of approximately 14.9%[25] - The company’s financial expenses decreased to 6,555,039 from 24,898,231, a reduction of approximately 73.7%[25] - The company’s sales expenses were reported at 103,432,747, down from 123,148,217, reflecting a decrease of about 16%[25] Government Support - The company received government subsidies amounting to CNY 23,441,857, primarily related to research projects[16] Investment Activities - Total cash inflow from investment activities was $1,654,530,637, down from$2,794,370,023, reflecting a decrease in investment recovery[39] - The net cash flow from investment activities was $352,042,950, significantly lower than$1,060,407,596 in the previous period[39] - Cash outflow for capital expenditures was $1,258,450,000, compared to$1,669,000,000 previously, showing a reduction in investment spending[39] Financing Activities - Cash inflow from financing activities totaled $10,338,600, a decrease from$325,000 in the previous period[39] - Cash outflow for debt repayment was $300,000,000, a significant increase from$25,000 previously, indicating a focus on debt management[39] - Total cash outflow from financing activities was $313,281,301, compared to$15,117,957 in the previous period, reflecting increased financial obligations[39] - The company paid $5,830,708 in dividends and interest, down from$7,902,421, indicating a potential strategy shift in capital allocation[39] Future Outlook - The company plans to continue expanding its market presence and has maintained a growth trajectory in new contract signings[20] - The company is focusing on reducing capital expenditures while managing debt levels effectively[39]