ZBD(SH:603567)2024-08-07 09:12Financial Performance - The company's operating revenue for Q1 2023 was RMB 1,263,753,051.37, representing a year-on-year increase of 25.91%[2] - The net profit attributable to shareholders of the listed company reached RMB 236,593,220.04, up 49.76% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 220,655,889.02, reflecting a significant increase of 67.63%[2] - The basic earnings per share (EPS) was RMB 0.2512, which is an increase of 60.88% year-on-year[2] - Operating profit for Q1 2023 was ¥276,344,505.52, up 46.3% from ¥188,880,551.48 in Q1 2022[15] - Net profit for Q1 2023 amounted to ¥237,011,521.21, representing a 49.9% increase from ¥157,909,349.25 in Q1 2022[15] - Basic and diluted earnings per share for Q1 2023 were CNY 0.25, up from CNY 0.17 in Q1 2022, representing a growth of 47.06%[16] Cash Flow - The net cash flow from operating activities was negative at RMB -153,277,856.55, a decrease of 298.49% compared to the previous year[2] - Cash inflow from operating activities totaled CNY 963,550,607.24, slightly down from CNY 965,014,348.39 in the previous year[16] - Cash inflow from investment activities was CNY 20,040,359.64, down from CNY 25,000,849.15 in the previous year[17] - Net cash flow from investment activities improved to CNY 18,843,359.75 from a negative CNY 75,155,946.82 in Q1 2022[17] - Cash inflow from financing activities was CNY 1,205,000,000.00, significantly higher than CNY 430,000,000.00 in the previous year[17] - The net cash flow from financing activities was negative CNY 23,036,839.47, compared to a positive CNY 53,986,255.30 in Q1 2022[17] - The ending balance of cash and cash equivalents was CNY 824,842,855.30, down from CNY 1,500,174,546.91 in the previous year[17] Assets and Liabilities - Total assets at the end of the reporting period were RMB 12,057,546,810.00, showing a growth of 3.25% from the end of the previous year[3] - The equity attributable to shareholders of the listed company was RMB 7,335,154,395.93, an increase of 3.33% compared to the end of the previous year[3] - The total assets of the company as of March 31, 2023, amounted to RMB 12.06 billion, an increase from RMB 11.68 billion as of December 31, 2022[11] - The company's total current liabilities decreased to ¥3,454,888,708.77 from ¥3,866,737,710.44 year-over-year, a reduction of approximately 10.7%[12] - Long-term borrowings increased significantly to ¥1,020,000,000.00 from ¥460,000,000.00, marking a rise of 121.7%[12] - The company's retained earnings rose to ¥3,599,527,541.04 from ¥3,363,217,633.99, reflecting a growth of 7.0%[12] - The total equity attributable to shareholders increased to ¥7,335,154,395.93 from ¥7,098,966,761.17, an increase of 3.3% year-over-year[12] Share Repurchase - As of March 31, 2023, the company has repurchased a total of 2.5597 million shares, accounting for 0.27% of the total share capital, with a total payment of approximately RMB 29.99 million[9] - The highest share repurchase price was RMB 12.20 per share, while the lowest was RMB 10.96 per share[9] Market Conditions - The company experienced an increase in sales scale due to changes in market conditions, contributing to the profit growth[6] Non-Recurring Items - Non-recurring gains and losses totaled RMB 15,937,331.02 for the period[5] Research and Development - Research and development expenses for Q1 2023 were ¥14,040,635.04, up 27.4% from ¥11,020,378.79 in Q1 2022[14] - Sales expenses surged to ¥250,719,922.47, a substantial increase from ¥110,838,260.50 in the same quarter last year[14] Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2023[18]