Financial Performance - The company's operating revenue for Q1 2023 was RMB 97,663.50 million, a decrease of 8.86% compared to the same period last year[3]. - Net profit attributable to shareholders was RMB 20,793.90 million, representing an increase of 6.42% year-on-year[3]. - Basic and diluted earnings per share were both RMB 0.13, down 3.65% from the same period last year[3]. - Total operating revenue for Q1 2023 was RMB 976,635 thousand, a decrease of 8.8% compared to RMB 1,071,552 thousand in Q1 2022[19]. - Net profit for Q1 2023 reached RMB 212,162 thousand, an increase of 5.8% from RMB 201,587 thousand in Q1 2022[20]. - Operating profit for Q1 2023 was RMB 268,945 thousand, up 3.4% from RMB 260,744 thousand in Q1 2022[20]. - The company reported a total profit for Q1 2023 of RMB 271,851 thousand, an increase of 4.0% from RMB 260,025 thousand in Q1 2022[20]. - Gross profit for Q1 2023 was RMB 184,624,000, resulting in a gross margin of 47.7%, up from 44.5% in Q1 2022[27]. - Operating revenue for Q1 2023 was RMB 386,757,000, an increase of 5.6% compared to RMB 366,057,000 in Q1 2022[27]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at RMB -9,853.00 million, a decline of 146.40% compared to the previous year[3][5]. - Cash flow from operating activities in Q1 2023 was negative RMB 98,530 thousand, compared to positive RMB 212,355 thousand in Q1 2022[21]. - The company reported a decrease in cash inflow from operating activities, totaling RMB 565,620 thousand in Q1 2023, compared to RMB 916,731 thousand in Q1 2022[21]. - The company reported a net cash decrease of 70,137 thousand RMB in Q1 2023, compared to a decrease of 67,494 thousand RMB in Q1 2022, indicating ongoing cash management challenges[22]. - The company's cash and cash equivalents stood at 3,181,923 thousand RMB as of March 31, 2023, slightly down from 3,252,060 thousand RMB as of December 31, 2022[12]. - The company's cash and cash equivalents decreased to 3,118,207 thousand RMB at the end of Q1 2023, down from 3,188,344 thousand RMB at the beginning of the year[22]. - Total cash and cash equivalents at the end of Q1 2023 amounted to RMB 1,989,322,000, up from RMB 982,818,000 at the end of Q1 2022[30]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 2,366,951.10 million, an increase of 3.05% from the end of the previous year[3]. - Total liabilities increased to 13,925,555 thousand RMB as of March 31, 2023, from 13,467,381 thousand RMB at the end of 2022, reflecting a rise of approximately 3.4%[15]. - The total equity of the company increased to 7,070,217 thousand RMB as of March 31, 2023, from 6,962,591 thousand RMB at the end of 2022, indicating a positive trend in shareholder value[26]. - The total liabilities of the company increased to 8,899,357 thousand RMB as of March 31, 2023, from 8,359,816 thousand RMB at the end of 2022, reflecting a rise in both current and non-current liabilities[25]. - Current liabilities increased to 2,219,338 thousand RMB as of March 31, 2023, compared to 1,830,156 thousand RMB at the end of 2022, indicating a rise in short-term obligations[25]. Shareholder Information - The top shareholder, Tianjin Municipal Investment Co., Ltd., held 715,565,186 shares, accounting for 45.57% of total shares[6]. - The total number of shareholders at the end of the reporting period was 62,013[6]. - Shareholders' equity attributable to the company was RMB 868,740.90 million, up 2.45% from the previous year[3]. Research and Development - Research and development expenses increased to RMB 5,717 thousand in Q1 2023, a significant rise from RMB 2,375 thousand in Q1 2022[19]. - Research and development expenses increased significantly to RMB 1,684,000 in Q1 2023, compared to RMB 428,000 in Q1 2022, reflecting a focus on innovation[27]. Investment Activities - In Q1 2023, the net cash flow from investment activities was -588,407 thousand RMB, compared to -217,429 thousand RMB in Q1 2022, indicating a significant increase in cash outflows for investments[22]. - The company reported an increase in investment income to RMB 5,714,000 in Q1 2023, compared to RMB 3,093,000 in Q1 2022[27]. Financial Ratios - The company had a weighted average return on equity of 2.42%, a decrease of 0.29 percentage points year-on-year[3].
天津创业环保股份(01065) - 2023 Q1 - 季度业绩