WLY(SZ:000858)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥31,138,862,489.34, representing a 13.03% increase compared to ¥27,548,160,168.43 in the same period last year[3]. - Net profit attributable to shareholders was ¥12,542,086,212.64, up 15.89% from ¥10,822,866,097.02 year-on-year[3]. - Basic and diluted earnings per share increased to ¥3.231, reflecting a 15.89% growth from ¥2.788 in the same quarter last year[3]. - Total operating revenue for Q1 2023 reached CNY 31,138,862,489.34, an increase of 13.5% compared to CNY 27,548,160,168.43 in the same period last year[12]. - Net profit attributable to shareholders of the parent company was CNY 12,542,086,212.64, compared to CNY 10,822,866,097.02 in the previous year, representing a growth of 15.9%[14]. - Basic earnings per share for Q1 2023 were CNY 3.231, an increase from CNY 2.788 in the same quarter last year[14]. - The company reported a total comprehensive income of CNY 13,106,474,901.33, compared to CNY 11,370,961,710.44 in the previous year, indicating overall financial health improvement[14]. Cash Flow - The net cash flow from operating activities was ¥9,535,617,536.41, a significant recovery from a negative cash flow of -¥3,401,025,898.78 in the previous year[3][7]. - Cash flow from operating activities was CNY 28,636,841,576.57, significantly higher than CNY 13,735,340,195.15 in the previous year, indicating strong operational cash generation[15]. - The total cash inflow from operating activities amounted to 29,033,465,330.99, while cash outflow was 19,497,847,794.58, resulting in a net inflow of 9,535,617,536.41[16]. - The company reported a cash inflow from operating activities of 29,033,465,330.99, which is a 104.8% increase compared to the previous period's inflow[16]. - The cash flow from operating activities was impacted by a total tax payment of 10,471,373,027.74, slightly up from 10,354,433,267.74 in the previous period[16]. - The company’s cash flow management strategies appear effective, as evidenced by the substantial increase in cash and cash equivalents despite higher operational costs[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥160,421,137,093.80, marking a 4.98% increase from ¥152,714,727,880.22 at the end of the previous year[3]. - The company's cash and cash equivalents amounted to CNY 101.13 billion, up from CNY 92.36 billion at the beginning of the year, reflecting a growth of approximately 9.4%[10]. - Total current liabilities decreased to CNY 30.29 billion from CNY 35.76 billion, a reduction of approximately 15.5%[11]. - The total liabilities of the company were CNY 30.29 billion, which is a decrease from CNY 35.76 billion, indicating a positive trend in debt management[11]. - The total liabilities stood at CNY 30,627,634,152.37, down from CNY 36,124,899,211.08, indicating a reduction in overall debt levels[12]. - The total equity attributable to shareholders of the parent company increased to CNY 126,569,983,424.82 from CNY 114,027,897,212.18, reflecting a growth of 11%[12]. Operational Efficiency - The net cash flow from operating activities was 9,535,617,536.41, a significant increase compared to -3,401,025,898.78 from the previous period, indicating a strong recovery in operational performance[16]. - Total operating costs amounted to CNY 13,857,936,959.77, up from CNY 12,400,549,335.85, reflecting a year-over-year increase of 11.7%[13]. - Research and development expenses increased to CNY 76,354,053.75 from CNY 54,972,421.59, marking a rise of 38.8% year-over-year[13]. - The company reported a significant increase in accounts payable, which rose to CNY 7.49 billion from CNY 7.25 billion, reflecting a growth of about 3.4%[11]. Changes in Accounting Policies - The company implemented changes in accounting policies affecting the recognition of deferred tax assets and liabilities starting January 1, 2023[4].