XFH(SZ:300890)2023-04-20 16:00Financial Performance - The company's revenue for Q1 2023 was CNY 558.16 million, representing a 23.68% increase compared to CNY 451.28 million in the same period last year[5]. - Net profit attributable to shareholders was CNY 54.81 million, a year-on-year increase of 49.43% from CNY 36.68 million[5]. - Basic earnings per share increased by 38.58% to CNY 0.5083 from CNY 0.3668 in the same period last year[5]. - Total operating revenue for Q1 2023 reached CNY 558.16 million, an increase of 23.6% compared to CNY 451.28 million in Q1 2022[22]. - Net profit for Q1 2023 was CNY 54.37 million, representing a 48.8% increase from CNY 36.54 million in Q1 2022[23]. - The total comprehensive income for the first quarter of 2023 was CNY 54,306,869.23, compared to CNY 36,544,172.76 in the same period last year, representing an increase of approximately 48.8%[24]. Cash Flow and Financial Position - The net cash flow from operating activities was -CNY 239.00 million, a significant decrease of 2,733.37% compared to -CNY 8.44 million in the previous year[12]. - Cash inflow from operating activities totaled CNY 457,070,426.51, up from CNY 271,026,725.71, indicating a growth of approximately 68.8%[27]. - Cash outflow from operating activities increased significantly to CNY 696,074,585.70 from CNY 279,462,051.76, marking an increase of about 149.5%[27]. - Cash flow from investing activities was negative at CNY -127,787,490.09, compared to CNY -14,149,114.77 in the previous year[27]. - Cash inflow from financing activities was CNY 882,533,919.97, a substantial increase from CNY 227,315,945.62, representing a growth of approximately 287.5%[27]. - The ending balance of cash and cash equivalents was CNY 256,725,777.90, compared to CNY 38,301,933.20 at the end of the previous year[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4.43 billion, a slight increase of 0.65% from CNY 4.40 billion at the end of the previous year[5]. - Current liabilities totaled CNY 2.42 billion, a decrease of 3.4% from CNY 2.51 billion in the previous quarter[20]. - Long-term borrowings increased to CNY 214.20 million, up from CNY 130.40 million in the previous quarter, indicating a 64.2% rise[20]. - The company’s total equity attributable to shareholders increased by 2.44% to CNY 1.68 billion from CNY 1.64 billion at the end of the previous year[5]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,038[14]. - The largest shareholder, Zhou Pengwei, holds 14.49% of the shares, totaling 15,620,814 shares[14]. - The company has a total of 5,318,981 shares held by Beijing Qidi Huide Venture Capital Co., Ltd., representing 4.93% of the shares[15]. - The company has a total of 1,950,000 shares held by shareholder Lei Zuyun, accounting for 1.81%[14]. - The company has a total of 1,232,500 shares held by Shenzhen Youmei Li Investment Management Co., Ltd. - Youmei Li Jin'an 22 Private Securities Investment Fund[16]. - The company has a total of 1,199,995 shares held by Shenzhen Chengcheng Gaoke Equity Investment Fund Management Co., Ltd.[16]. Operational Insights - The company received government subsidies amounting to CNY 3.00 million, which contributed to the increase in other income by 273.19% compared to CNY 804,147.77 in the previous year[11]. - Financial expenses rose by 171.78% to CNY 10.27 million due to increased interest expenses from borrowing[10]. - The company reported a significant increase in long-term borrowings by 64.27% to CNY 214.20 million, primarily due to new loans[10]. - Research and development expenses for Q1 2023 were CNY 14.20 million, down 12.5% from CNY 16.23 million in Q1 2022[23]. - The first quarter report was not audited[28]. - The company plans to expand its market presence and invest in new technologies, although specific details were not disclosed in the report[12].