2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 9,288,045,652, representing a year-on-year increase of 13.97% compared to CNY 8,149,548,182 in the same period last year[4]. - Net profit attributable to shareholders of the parent company reached CNY 3,040,521,708, up 20.73% from CNY 2,518,915,579 in the previous year[4]. - The net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was CNY 2,749,933,260, reflecting a significant increase of 35.54% compared to CNY 2,029,315,563 last year[4]. - Basic earnings per share increased to CNY 0.33, a rise of 22.22% from CNY 0.27 in the same period last year[5]. - The total comprehensive income for Q1 2023 was ¥3,216,973,078, an increase from ¥2,038,855,893 in Q1 2022[16]. - Net profit for Q1 2023 was ¥3,195,261,486, up 26.6% from ¥2,524,489,931 in Q1 2022[15]. - Net profit for Q1 2023 was CNY 2,268,565,422, a decrease of 3.8% from CNY 2,357,498,949 in Q1 2022[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 898,588,949,314, marking a 4.40% increase from CNY 860,688,546,079 at the end of the previous year[5]. - Total assets as of March 31, 2023, reached CNY 663,236,112,764, up from CNY 640,520,790,878 at the end of 2022, reflecting a growth of 3.5%[20]. - Total liabilities reached RMB 731.47 billion, up from RMB 696.86 billion, indicating an increase of about 4.9%[14]. - Total liabilities increased to CNY 521,716,307,705 from CNY 501,448,149,175, marking a rise of 4.5%[20]. - The total equity attributable to shareholders was RMB 160.90 billion, an increase from RMB 157.72 billion, showing a growth of around 1.4%[14]. - Owner's equity totaled CNY 141,519,805,059, an increase of 1.0% from CNY 139,072,641,703 at the end of 2022[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -20,749,537,510, a decline of 215.55% compared to CNY 17,957,075,466 in the previous year[8]. - The company reported a net cash outflow from operating activities of ¥20,749,537,510, compared to a net inflow of ¥17,957,075,466 in Q1 2022[17]. - The total cash inflow from operating activities was 26,177,878,171 RMB, down from 30,214,210,886 RMB year-over-year[22]. - The net cash flow from financing activities increased dramatically to CNY 19,169,772,770, a rise of 1,863.95% compared to CNY 976,083,419 in the same period last year[9]. - Cash inflow from financing activities reached 20,230,000,000 RMB, an increase from 12,510,000,000 RMB in Q1 2022[23]. - The net cash flow from financing activities was 11,170,368,313 RMB, compared to 3,731,702,273 RMB in the previous year[23]. Investment and Income - The net income from asset management fees surged to CNY 1,059,098,243, a remarkable increase of 242.43% compared to CNY 309,287,551 last year[8]. - The company experienced a decrease in investment banking net income, which fell by 34.01% to CNY 659,396,848 from CNY 999,220,070 last year[8]. - Net interest income decreased to ¥692,777,050 from ¥1,249,141,468 year-over-year, indicating a decline of 44.5%[15]. - The company reported a decrease in net commission and fee income to CNY 2,228,967,298 from CNY 2,901,699,446, a decline of 23.2% year-over-year[21]. - Investment income for Q1 2023 was CNY 1,353,461,619, a significant recovery from a loss of CNY 732,477,084 in Q1 2022[21]. - The company reported a net income from investment activities of ¥2,324,962,992, a significant recovery from a loss of ¥681,974,170 in the same period last year[15]. Other Financial Metrics - The company reported a decrease in derivative financial assets from RMB 8.23 billion to RMB 3.96 billion, a decline of approximately 52.1%[13]. - The company’s cash and cash equivalents stood at RMB 188.26 billion, compared to RMB 179.07 billion in December 2022, representing a growth of approximately 5.5%[13]. - The company’s cash and cash equivalents increased to CNY 99,509,278,413 from CNY 96,454,844,697, a growth of 2.1%[20]. - The company reported a net increase in cash and cash equivalents of 3,045,773,359 RMB in Q1 2023, compared to 17,222,304,332 RMB in Q1 2022[23]. - The company recorded a foreign exchange loss of ¥68,036,405, compared to a gain of ¥19,251,889 in Q1 2022[15].