Financial Position - As of March 31, 2023, the total assets of China Datang Corporation Renewable Power Co., Limited amounted to RMB 97.66 billion, a slight increase from RMB 97.55 billion at the end of 2022, representing a growth of approximately 0.11%[3] - The company's cash and cash equivalents increased to RMB 2.78 billion from RMB 2.47 billion, reflecting a growth of about 12.6%[3] - Accounts receivable rose to RMB 15.79 billion, up from RMB 14.39 billion, indicating an increase of approximately 9.7%[3] - The total current assets reached RMB 20.44 billion, compared to RMB 18.91 billion at the end of 2022, marking a growth of around 8.1%[3] - Long-term equity investments slightly increased to RMB 1.00 billion from RMB 0.99 billion, showing a growth of about 0.9%[3] - The company's fixed assets decreased to RMB 65.62 billion from RMB 65.73 billion, a decline of approximately 0.17%[3] - The total non-current assets amounted to RMB 77.22 billion, down from RMB 78.64 billion, representing a decrease of about 1.8%[3] - The company reported a significant reduction in long-term receivables, which fell to RMB 26.03 million from RMB 53.71 million, a decrease of approximately 51.6%[3] - As of March 31, 2023, the total liabilities of China Datang Group New Energy Co., Ltd. amounted to RMB 62.34 billion, a decrease of 1.48% from RMB 63.28 billion as of December 31, 2022[4] - Current liabilities totaled RMB 14.31 billion, down 16.5% from RMB 17.12 billion at the end of 2022[4] - Long-term borrowings increased to RMB 41.23 billion, up 4.5% from RMB 39.44 billion as of December 31, 2022[4] - The total liabilities as of March 31, 2023, amounted to RMB 17,409,065,341.06, slightly up from RMB 17,390,593,832.15 at the end of 2022[6] - The company's total assets as of March 31, 2023, were RMB 45,172,826,889.81, compared to RMB 45,458,637,502.46 at the end of 2022[6] - The total non-current liabilities increased to RMB 16,364,813,439.30 as of March 31, 2023, from RMB 15,429,410,267.53 at the end of 2022[6] Profitability - The net profit attributable to the parent company increased to RMB 8.27 billion, compared to RMB 7.29 billion at the end of 2022, reflecting a growth of 13.5%[4] - The net profit attributable to the parent company for Q1 2023 was RMB 1,135,283,244.68, up 28.2% from RMB 885,189,084.83 in Q1 2022[7] - The company reported a basic earnings per share of 0.1356 for Q1 2023, compared to 0.1029 in Q1 2022[7] - Net profit for Q1 2023 was a loss of CNY 55,251,775.10, compared to a profit of CNY 82,875,569.07 in Q1 2022, indicating a significant decline[8] Revenue and Expenses - The company's operating revenue for Q1 2023 reached RMB 3,505,610,033.25, an increase of 13.9% compared to RMB 3,077,039,160.33 in the same period last year[7] - Operating revenue for Q1 2023 was CNY 11,941,311.45, a slight increase from CNY 11,913,869.29 in Q1 2022, representing a growth of 0.23%[8] - Research and development expenses for Q1 2023 were RMB 5,145,606.56, an increase from RMB 4,171,662.54 in Q1 2022[7] - Financial expenses for Q1 2023 were CNY 44,563,567.71, up from CNY 41,443,618.43 in Q1 2022, marking an increase of 5.1%[8] - The company's financial expenses decreased to RMB 428,756,049.79 in Q1 2023 from RMB 519,765,593.79 in the same period last year[7] Cash Flow - Cash flow from operating activities increased to CNY 1,597,584,036.61 in Q1 2023, up from CNY 1,034,713,983.50 in Q1 2022, reflecting a growth of 54.4%[9] - Cash inflow from investment activities was CNY 136.72 million, up from CNY 54.54 million, marking an increase of 150% year-over-year[10] - The company reported a total cash inflow from operating activities of CNY 387.40 million, while cash outflow was CNY 311.99 million, leading to a positive net cash flow[10] - The ending cash and cash equivalents balance was CNY 23.77 million, a significant drop from CNY 422.56 million at the end of Q1 2022[10] - The net cash flow from financing activities was negative CNY 40.49 million, contrasting with a positive CNY 109.36 million in the same quarter last year[10] Future Outlook - The company has not disclosed specific future outlook or guidance in the provided documents[2] - There is no mention of new products, technologies, market expansion, or mergers and acquisitions in the available information[2] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[7]
大唐新能源(01798) - 2023 Q1 - 季度业绩