AMEC(SH:688012)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was approximately 1.22 billion RMB, representing a year-on-year increase of 28.86%[1] - The net profit attributable to shareholders for Q1 2023 was 275.37 million RMB, a significant increase of 134.98% compared to the same period last year[4] - Total revenue for Q1 2023 reached ¥1,223,068,402.75, a 29% increase from ¥949,143,575.28 in Q1 2022[27] - Operating profit for Q1 2023 was ¥307,443,616.79, compared to ¥107,902,831.38 in Q1 2022, indicating significant growth[28] - Net profit for Q1 2023 was ¥275,005,060.98, up from ¥117,031,907.54 in Q1 2022, representing a 135% increase[29] - The company reported a total comprehensive income of ¥279,611,802.17 for Q1 2023, compared to ¥116,880,331.14 in Q1 2022[29] Cash Flow and Assets - The net cash flow from operating activities was -347.64 million RMB, reflecting a decrease of 26.91% year-on-year[5] - Cash flow from operating activities in Q1 2023 was ¥1,173,051,994.11, compared to ¥1,024,115,874.88 in Q1 2022, showing improved cash generation[30] - The company's cash and cash equivalents were RMB 7,724,041,427.15, up from RMB 7,326,008,282.76 at the end of the previous year[21] - The ending balance of cash and cash equivalents was $3,513,612,310.56, compared to $3,098,408,635.73 in the previous period[32] - The total assets attributable to shareholders at the end of the reporting period were approximately 20.27 billion RMB, an increase of 1.16% from the end of the previous year[5] - Current assets totaled RMB 14,555,030,854.13, compared to RMB 14,655,229,845.88 at the end of 2022, indicating a slight decrease[21] Research and Development - Research and development expenses totaled 221.93 million RMB, accounting for 18.14% of operating revenue, which is an increase of 2.59 percentage points[5] - The company has ongoing research and development efforts, focusing on new technologies and products to enhance market competitiveness[19] - Research and development expenses for Q1 2023 were ¥131,575,456.31, slightly up from ¥128,041,685.04 in Q1 2022[27] Market and Growth Opportunities - The company is exploring market expansion opportunities, particularly in the semiconductor sector, to leverage growth potential[19] Shareholder and Equity Information - The total equity stood at RMB 6,616,244,480.00, consistent with the previous reporting period[25] - The company's total equity attributable to shareholders was ¥15,814,561,511.38, compared to ¥15,483,931,875.39 in the previous year[26] - There are no significant changes in shareholder relationships or actions reported during the quarter[15] Liabilities and Financial Stability - The total liabilities were RMB 44,551,573,322.63, slightly down from RMB 45,522,280,216.80[25] - The company reported a contract liability of RMB 2,320,488,514.11, an increase from RMB 2,195,275,208.94[22] - The total liabilities and equity amounted to ¥20,267,982,609.73, reflecting the company's financial stability[26]