Financial Performance - The company's operating revenue for Q1 2023 was approximately RMB 809.36 million, an increase of 4.33% compared to the same period last year[6]. - Net profit attributable to shareholders was approximately RMB 188.26 million, a decrease of 19.18% year-on-year[6]. - Total revenue for Q1 2023 reached RMB 809.36 million, a 4.5% increase from RMB 775.80 million in Q1 2022[18]. - Operating profit for Q1 2023 was RMB 208.31 million, down 13.3% from RMB 240.25 million in Q1 2022[18]. - Net profit attributable to shareholders for Q1 2023 was RMB 188.26 million, a decrease of 19.2% compared to RMB 232.93 million in Q1 2022[18]. - Basic earnings per share for Q1 2023 were RMB 0.23, down from RMB 0.29 in Q1 2022, a decrease of 20.7%[19]. Research and Development - R&D investment totaled RMB 286.90 million, representing a significant increase of 44.45% compared to the previous year[4]. - Research and development expenses increased to RMB 219.34 million in Q1 2023, up 30.1% from RMB 168.65 million in Q1 2022[18]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 695.42 million, reflecting a growth of 13.80% from the previous year[5]. - Total assets increased to RMB 6.95 billion in Q1 2023, up from RMB 6.11 billion in Q1 2022, reflecting a growth of 13.8%[17]. - Non-current liabilities rose to RMB 69.56 million in Q1 2023, compared to RMB 53.84 million in Q1 2022, marking an increase of 29.3%[17]. Cash Flow - Cash flow from operating activities was negative at RMB -524.98 million, primarily due to increased prepayments to suppliers and inventory buildup[9]. - Cash flow from operating activities showed a net outflow of RMB 524.98 million in Q1 2023, compared to a net inflow of RMB 178.01 million in Q1 2022[20]. - The company's cash inflow from investment activities was RMB 221.55 million in Q1 2023, compared to RMB 182.20 million in Q1 2022, an increase of 21.6%[20]. - Net cash flow from investing activities was -$294.34 million, a decrease from -$75.86 million in the previous period[22]. - Cash inflow from financing activities totaled $330.56 million, significantly up from $23.12 million year-over-year[22]. - The net increase in cash and cash equivalents was -$498.02 million, compared to an increase of $118.92 million in the prior year[22]. - The ending balance of cash and cash equivalents was $622.26 million, down from $534.68 million in the previous period[22]. Inventory and Shareholder Information - Inventory increased significantly from RMB 1,483,264,548.04 to RMB 2,283,583,401.62, reflecting a growth of approximately 53.9%[15]. - The total number of common shareholders at the end of the reporting period was 23,868, with the top ten shareholders holding a combined 68.71% of shares[10]. - The total number of A-share shareholders was 23,857, while H-share shareholders numbered 11[12]. - Hong Kong Central Clearing (Agent) Limited holds 284,204,990 shares, representing 34.80% of total shares[10]. - Shanghai Zhengben Enterprise Management Consulting Partnership (Limited Partnership) holds 52,167,270 shares, representing 6.39% of total shares[10]. - The company has a total of 109,620,000 shares held by Shanghai Fudan Fuxin Technology Holdings, accounting for 13.42%[10]. - As of March 31, 2023, 19,750,000 shares held by Shanghai Zhengben Enterprise Management Consulting Partnership were under judicial freeze[13]. Profitability Metrics - The gross profit margin for the reporting period was 66.77%, an increase of 3.18 percentage points year-on-year[6]. - The weighted average return on equity decreased by 3.09 percentage points to 4.06%[4]. - The company experienced an increase in credit impairment losses of approximately RMB 16.78 million due to higher accounts receivable balances[7].
上海复旦(01385) - 2023 Q1 - 季度业绩