PPF(SZ:300258)2023-04-21 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥448,140,020.05, representing a 10.84% increase compared to ¥404,324,289.70 in the same period last year[6]. - The net profit attributable to shareholders was ¥46,115,939.83, up 9.06% from ¥42,285,299.06 year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥42,810,552.37, reflecting an 18.75% increase from ¥36,051,730.62 in the previous year[6]. - Total operating revenue for Q1 2023 reached ¥448,140,020.05, an increase of 10.8% compared to ¥404,324,289.70 in Q1 2022[26]. - Net profit for Q1 2023 was ¥45,720,770.74, representing a 7.4% increase from ¥42,569,938.80 in Q1 2022[27]. - Earnings per share (EPS) for Q1 2023 was ¥0.0976, compared to ¥0.0895 in the same period last year, reflecting a growth of 9.0%[28]. Assets and Liabilities - The company's total assets increased by 17.95% to ¥6,379,878,364.46 from ¥5,409,094,241.26 at the end of the previous year[6]. - The total liabilities decreased from ¥3,000,000,000 to ¥2,800,000,000, reflecting a reduction of approximately 6.7%[22]. - Total liabilities as of Q1 2023 were ¥2,816,473,629.56, an increase from ¥2,057,192,463.49 in the same period last year[24]. - The company reported a total current asset of ¥2,878,171,098.62, an increase from ¥2,045,858,152.94, which is a growth of 40.5%[23]. - The company's fixed assets increased to ¥2,182,102,328.22 from ¥2,110,436,764.19, showing a growth of 3.4%[23]. Cash Flow - Cash flow from operating activities decreased by 27.32% to ¥48,188,548.73 compared to ¥66,306,433.74 in the same period last year[6]. - The net cash flow from operating activities was 48,188,548.73 CNY, a decrease of 27.3% compared to 66,306,433.74 CNY in the previous year[31]. - Cash inflow from operating activities totaled ¥481,619,293.06, compared to ¥447,640,967.51 in the previous year, indicating a growth of 7.6%[29]. - The total cash outflow from investing activities was 652,621,367.65 CNY, down from 738,425,488.45 CNY, resulting in a net cash flow from investing activities of -114,005,257.68 CNY[31]. - Cash inflow from financing activities reached 1,503,386,364.01 CNY, significantly higher than 478,873,000.00 CNY in the same period last year[31]. - The net cash flow from financing activities was 868,478,474.06 CNY, compared to 245,330,439.97 CNY in the previous year, indicating a substantial increase[31]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,968[15]. - Jiangsu Dayang Investment Co., Ltd. holds 40.27% of shares, totaling 194,012,971 shares, with 21,720,000 shares pledged[15]. Government Support and Investments - The company received government subsidies amounting to ¥1,871,055.34, which contributed to its non-recurring gains[7]. - The company plans to establish a wholly-owned subsidiary in Thailand to invest in the new energy vehicle parts project[19]. - The company issued convertible bonds amounting to ¥980 million, which were approved and listed on March 7, 2023[19]. Expenses and Financial Metrics - Total operating costs amounted to ¥402,157,897.66, up 12.6% from ¥356,864,719.28 in the previous year[26]. - Research and development expenses increased to ¥27,086,866.21, a rise of 15.0% from ¥23,467,215.80 in Q1 2022[27]. - The company reported a significant increase in financial expenses, which rose to ¥14,097,636.33 from ¥7,617,754.23 in the previous year, marking an increase of 84.5%[27]. - Deferred income tax liabilities increased to ¥6,002,682.43, compared to ¥5,030,243.00 in the previous year, reflecting a growth of 19.3%[24]. Other Financial Information - The company paid 102,936,442.24 CNY in cash to employees, an increase from 87,363,406.10 CNY in the previous year[31]. - The cash received from investment income was 2,418,959.97 CNY, down from 4,413,542.74 CNY year-over-year[31]. - The cash paid for taxes was 16,930,579.93 CNY, slightly higher than 16,101,999.71 CNY in the previous year[31]. - The company experienced a foreign exchange loss of 2,057,640.80 CNY during the quarter[31]. - The report for the first quarter was not audited[32].