GOTION(002074)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥7,177,001,038.70, representing an increase of 83.26% compared to ¥3,916,203,789.66 in the same period last year[3]. - Net profit attributable to shareholders was ¥75,609,494.88, a significant increase of 134.78% from ¥32,203,716.31 year-on-year[3]. - The company reported a significant increase in other receivables, which rose to ¥553.22 million from ¥285.86 million, a growth of approximately 93.5%[13]. - The company’s total profit for Q1 2023 was ¥74,554,352.80, an increase from ¥40,491,508.16 in Q1 2022, reflecting an increase of 84.3%[16]. - The company’s total comprehensive income for Q1 2023 was ¥108,863,350.55, compared to a loss of ¥22,405,711.43 in the previous year[16]. Cash Flow - The net cash flow from operating activities was ¥61,247,620.00, up 38.63% from ¥44,179,590.60 in the previous year[3]. - Cash flow from operating activities was ¥4,218,221,261.59, compared to ¥2,393,571,331.99 in the previous year, indicating a growth of 76.2%[17]. - Total cash inflow from operating activities reached CNY 4,843,966,342, compared to CNY 2,780,641,347 in the same period last year, indicating a year-over-year increase of about 74%[18]. - Cash outflow from operating activities was CNY 4,782,718,722, up from CNY 2,736,461,756, representing a 75% increase year-over-year[18]. - The company received CNY 305,272,683.34 from investment recoveries, a significant increase compared to the previous year[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥78,764,579,158.85, reflecting an increase of 8.45% from ¥72,627,365,266.66 at the end of the previous year[3]. - Total liabilities rose to ¥54.07 billion from ¥48.13 billion, which is an increase of approximately 12.3%[14]. - The total equity attributable to shareholders increased to ¥23.68 billion from ¥23.51 billion, reflecting a growth of about 0.7%[14]. - Current assets increased to ¥40.73 billion from ¥37.49 billion, marking a rise of about 6.0%[13]. - The total non-current assets reached ¥38.04 billion, up from ¥35.14 billion, indicating an increase of around 8.2%[13]. Earnings and Expenses - The company's basic earnings per share rose to ¥0.04, doubling from ¥0.02 in the same period last year[3]. - Research and development expenses increased by 104% to ¥39,085.97, compared to ¥19,135.82 in the previous year, indicating a focus on innovation[6]. - The company reported a gross profit of ¥75,609,494.88 attributable to shareholders of the parent company, up from ¥32,203,716.31 in the previous year, marking an increase of 134.5%[16]. - The company's financial expenses increased to ¥290,118,774.65 from ¥65,860,069.48, representing a rise of 340.0% year-over-year[15]. - The company reported a 341% increase in financial expenses to ¥29,011.88 due to increased financing activities[8]. Inventory and Receivables - Accounts receivable rose by 33% to ¥1,147,880.36, attributed to increased revenue[6]. - The company's inventory decreased to ¥6.60 billion from ¥7.58 billion, showing a reduction of approximately 12.9%[13]. - Accounts receivable surged to ¥11.48 billion, compared to ¥8.64 billion at the start of the year, indicating a significant increase of around 32.5%[13]. - The company experienced an 81% increase in contract liabilities to ¥109,443.68, reflecting higher advance payments received[6].