Financial Performance - The company's revenue for Q1 2023 reached RMB 9,210,943,721, representing a 13.83% increase compared to RMB 8,091,657,739 in the same period last year[5]. - Net profit attributable to shareholders was RMB 783,069,946, up 14.86% from RMB 681,747,340 in the previous year[5]. - The net profit after deducting non-recurring gains and losses was RMB 658,875,020, reflecting a 15.96% increase from RMB 568,195,701 in the prior year[5]. - The total operating revenue for Q1 2023 increased by 13.83% year-on-year, reaching RMB 921,637.83 million, driven by a 20.74% increase in the coal machinery segment and a 7.18% increase in the automotive parts segment[11]. - Net profit for Q1 2023 increased by 21.84% year-on-year to RMB 86,604.79 million, largely due to a 32.79% increase in net profit from the coal machinery segment[11]. - The net profit attributable to the parent company's shareholders for Q1 2023 increased by 14.86% year-on-year to RMB 78,306.99 million, driven by growth in the coal machinery segment[11]. - Total operating revenue for Q1 2023 reached ¥9,216,378,294.52, a 13.8% increase from ¥8,096,795,783.14 in Q1 2022[20]. - Net profit for Q1 2023 was ¥866,047,934.05, up 21.8% from ¥710,833,040.45 in Q1 2022[21]. - Operating profit for Q1 2023 was ¥1,032,361,716.99, an increase of 19.1% compared to ¥866,787,830.75 in Q1 2022[21]. - Total revenue from sales of goods and services in Q1 2023 was $2,882,787,710.41, compared to $1,982,493,593.68 in Q1 2022, marking a growth of about 45%[30]. Assets and Liabilities - The company's total assets as of March 31, 2023, were RMB 46,227,262,763, a 4.35% increase from RMB 44,301,175,579 at the end of the previous year[6]. - Total current assets increased to CNY 34,389,182,406.73 from CNY 33,401,112,587.09, representing a growth of approximately 2.95%[16]. - Total liabilities increased to CNY 26,661,233,784.30 from CNY 25,662,894,369.86, reflecting a growth of approximately 3.90%[18]. - The company's total assets reached CNY 46,227,262,763.40, up from CNY 44,301,175,578.57, indicating an increase of about 4.35%[19]. - The company's total liabilities increased to ¥16,815,481,279.95 in Q1 2023 from ¥15,243,498,592.92 in Q1 2022[26]. Shareholder Information - The company had a total of 33,237 shareholders at the end of the reporting period, with the top ten shareholders holding a combined 66.75% of the shares[12]. - The largest shareholder, Hongyi Investment Management (Henan) Partnership, held 15.55% of the shares, followed by Henan Machinery Equipment Investment Group with 13.67%[12]. Cash Flow - The net cash flow from operating activities was negative at RMB -422,138,838, a significant decrease of 235.27% compared to RMB 312,070,297 in the same period last year[5]. - Cash flow from operating activities in Q1 2023 was $258,831,439.50, compared to $209,012,840.28 in Q1 2022, showing an increase of about 23%[30]. - Cash flow from investing activities in Q1 2023 was -$786,636,411.51, worsening from -$208,203,345.62 in Q1 2022[30]. - Cash flow from financing activities in Q1 2023 was $586,072,119.06, compared to -$502,075,422.67 in Q1 2022, indicating a significant improvement[30]. Segment Performance - The coal machinery segment's operating revenue for Q1 2023 was RMB 479,197.31 million, up 20.74% from the previous year, reflecting strong demand in the coal industry[11]. - The automotive parts segment's total revenue for Q1 2023 was RMB 442,440.52 million, an increase of 7.18%, with SEG achieving RMB 322,620.97 million, up 9.82% year-on-year[11]. Investment and R&D - Investment income for Q1 2023 rose by 80.39% year-on-year to RMB 5,177.61 million, primarily due to increased returns from financial products in the coal machinery segment[11]. - Research and development expenses for Q1 2023 totaled ¥422,024,480.99, slightly up from ¥408,748,005.74 in Q1 2022[20]. - The company is actively involved in financial product investments, which have significantly contributed to its income growth in the coal machinery segment[11]. Future Plans - The company plans to spin off its subsidiary Zhengzhou Hengda Intelligent Control Technology Co., Ltd. for listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board, maintaining control over it post-separation[14].
中创智领(00564) - 2023 Q1 - 季度业绩