Financial Performance - The company's operating revenue for Q1 2023 was RMB 463,516,307.36, representing a year-on-year increase of 19.31%[5] - Net profit attributable to shareholders for the same period was RMB 70,497,329.89, showing a significant increase of 282.45% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 63,800,558.77, reflecting a year-on-year growth of 364.58%[5] - Basic and diluted earnings per share for Q1 2023 were both RMB 0.02, marking a 400% increase from the same period last year[5] - Total operating revenue for Q1 2023 was RMB 463.52 million, an increase of 19.3% compared to RMB 388.48 million in Q1 2022[19] - Net interest income rose significantly to RMB 39.69 million from RMB 9.77 million year-over-year[19] - Net profit for Q1 2023 reached RMB 66.19 million, compared to RMB 13.16 million in Q1 2022, marking a substantial increase[20] - The company achieved a total profit of RMB 70.95 million in Q1 2023, significantly up from RMB 13.85 million in Q1 2022[19] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 50,182,639,547.46, an increase of 7.23% from the end of the previous year[5] - As of March 31, 2023, the total assets of the company amounted to ¥53.81 billion, an increase from ¥50.18 billion as of December 31, 2022, representing a growth of approximately 5.2%[14][17] - The total liabilities increased to ¥39.55 billion from ¥35.98 billion, reflecting an increase of approximately 9.5%[16] - The company's equity attributable to shareholders rose to ¥13.81 billion from ¥13.76 billion, showing a slight increase of about 0.4%[17] Cash Flow - The net cash flow from operating activities was negative at RMB -1,887,075,641.20, primarily due to an increase in the scale of trading financial instruments[5][7] - Cash flow from operating activities showed a net outflow of RMB 1.89 billion in Q1 2023, compared to RMB 1.07 billion in Q1 2022[22] - Cash inflow from investment activities was RMB 1.07 billion in Q1 2023, a significant recovery from a net outflow of RMB 30.63 million in Q1 2022[22] - Cash outflow for debt repayment in Q1 2023 was approximately $1.90 billion, down from $4.02 billion in Q1 2022, indicating a reduction of about 52.8%[23] - The net increase in cash and cash equivalents for Q1 2023 was approximately $406.30 million, compared to a decrease of $228.58 million in Q1 2022[23] Shareholder Information - The company reported a total of 130,782 common shareholders at the end of the reporting period[8] - The top shareholder, Hong Kong Central Clearing Limited, held 25.74% of the shares, while Henan Investment Group held 17.73%[9] - 河南投资集团有限公司 holds a total of 1,023,556,847 shares, accounting for 22.05% of the company's total share capital[12] - The number of shares held by the top ten unrestricted shareholders includes 1,195,143,850 shares held by Hong Kong Central Clearing Limited, representing a significant portion of the total shares[10] Government Subsidies and Investments - The company received government subsidies amounting to RMB 9,462,931.04, which are closely related to its normal business operations[6] - The company's financial investments in trading financial assets increased to ¥25.00 billion from ¥21.61 billion, a growth of approximately 15.5%[15] - The company reported a total of ¥9.53 billion in customer deposits, an increase from ¥8.65 billion, reflecting a growth of about 10.1%[14] Other Financial Metrics - The total amount of borrowings decreased significantly from ¥66.08 million to ¥8.29 million, indicating a reduction of approximately 87.5%[16] - The company’s retained earnings increased to ¥281.21 million from ¥211.26 million, representing a growth of approximately 33%[17] - Total expenses for Q1 2023 were RMB 392.61 million, slightly higher than RMB 375.55 million in Q1 2022[19] - The company reported a fair value change gain of RMB 51.34 million in Q1 2023, contrasting with a loss of RMB 310.10 million in Q1 2022[19] Cash Management Strategy - The cash flow management strategy appears to be focused on reducing debt repayment and increasing net cash flow from financing activities[23] - Cash flow from financing activities in Q1 2023 was significantly impacted by a reduction in cash inflow from bond issuance[23] - The company has not adopted new accounting standards or interpretations affecting the financial statements for the year[23]
中州证券(01375) - 2023 Q1 - 季度业绩