Financial Performance - The company's operating revenue for Q1 2023 was RMB 176.59 billion, representing a year-on-year increase of 2.61%[4] - Net profit attributable to shareholders was RMB 5.58 billion, reflecting a year-on-year growth of 9.60%[4] - Basic earnings per share for the period was RMB 0.32, an increase of 11.65% compared to the same period last year[4] - Total profit for Q1 2023 reached ¥8,500,211,131, an increase of 5.67% compared to ¥8,044,724,018 in Q1 2022[24] - Net profit attributable to shareholders of the parent company was ¥5,582,367,706, up 9.62% from ¥5,093,589,966 in the same period last year[24] - Basic and diluted earnings per share for Q1 2023 were both ¥0.32, compared to ¥0.29 in Q1 2022, reflecting a 10.34% increase[25] - Operating profit for Q1 2023 was RMB 8.47 billion, compared to RMB 8.01 billion in Q1 2022, indicating an increase of about 5.83%[23] Assets and Liabilities - Total assets at the end of the reporting period reached RMB 1.63 trillion, up 8.07% from the end of the previous year[5] - Total liabilities increased to RMB 1.20 trillion as of March 31, 2023, from RMB 1.09 trillion at the end of 2022, reflecting a growth of approximately 10.61%[22] - Current assets totaled RMB 686.10 billion as of March 31, 2023, compared to RMB 616.26 billion at the end of 2022, marking an increase of about 11.31%[20] - Non-current assets amounted to RMB 947.26 billion as of March 31, 2023, up from RMB 895.09 billion at the end of 2022, representing a growth of approximately 5.83%[21] - Total assets reached RMB 1.63 trillion as of March 31, 2023, compared to RMB 1.51 trillion at the end of 2022, indicating an increase of about 8.06%[22] - Total liabilities as of March 31, 2023, amounted to RMB 143.61 billion, up from RMB 138.53 billion at the end of 2022, marking an increase of approximately 3.1%[30] Cash Flow - The net cash flow from operating activities showed a net outflow of RMB 25.63 billion, with improvements in cash flow management noted[7] - Cash flow from operating activities showed a net outflow of ¥25,633,637,952, an improvement from a net outflow of ¥33,363,409,598 in Q1 2022[26] - The net cash flow from operating activities was CNY 2.51 billion, a significant recovery from a net outflow of CNY 4.78 billion in the same period last year[33] - Cash inflow from financing activities reached CNY 16.70 billion, up from CNY 11.57 billion in Q1 2022, reflecting a 44.5% increase[34] - The net cash flow from financing activities was CNY 6.70 billion, compared to CNY 4.25 billion in the previous year, indicating a strong performance[34] Shareholder Information - The total number of ordinary shareholders reached 162,951, with A-shares accounting for 72.67% of the total share capital[10] - The total number of shareholders at the end of the reporting period was 162,951, with the largest shareholder, China Communications Construction Group, holding 57.99% of the shares[12] - The company maintained a stable shareholding structure, with no significant changes in the top ten shareholders compared to December 31, 2022[12] Business Development - The company is committed to high-quality development and market expansion strategies, focusing on internal management improvements[7] - The company signed new contracts worth CNY 457.81 billion in 2023, representing a year-on-year increase of 6.30%[15] - The new contracts from overseas regions amounted to CNY 83.42 billion (approximately USD 12.40 billion), a year-on-year increase of 35.32%, accounting for 18% of the total new contracts[15] - The infrastructure construction business generated CNY 401.22 billion in new contracts, while the design business contributed CNY 17.40 billion[15] - The company’s overseas engineering contracts reached CNY 75.65 billion, reflecting a year-on-year growth of 24.55%[17] - The company’s total revenue from the infrastructure construction business was CNY 401.22 billion, up 5.79% from the previous year[17] - The company’s strategic focus remains on enhancing its core business and expanding its international presence, particularly in the Belt and Road Initiative[15] Expenses - The company experienced a 54.69% increase in selling expenses due to overseas business expansion and market development costs[8] - Research and development expenses rose to RMB 5.04 billion in Q1 2023, up from RMB 4.51 billion in Q1 2022, reflecting a growth of approximately 11.76%[23] - The company reported a decrease in financial expenses to RMB 1.07 billion in Q1 2023 from RMB 1.96 billion in Q1 2022, a reduction of approximately 45.49%[23] - The company's financial expenses for Q1 2023 were RMB 131.83 million, compared to RMB 115.51 million in Q1 2022, indicating an increase of about 14.1%[31] Cash Management - The company’s cash and cash equivalents increased to RMB 140.10 billion as of March 31, 2023, up from RMB 112.82 billion at the end of 2022, reflecting a growth of about 24.19%[20] - The total cash and cash equivalents at the end of Q1 2023 were CNY 29.62 billion, up from CNY 21.34 billion at the end of Q1 2022, representing a 38.8% increase[34] - The company received CNY 4 billion related to investment activities, significantly higher than CNY 845 million in Q1 2022, indicating improved investment returns[33] - The cash outflow for purchasing goods and services decreased to CNY 7.51 billion from CNY 10.36 billion in Q1 2022, showing better cost management[33]
中国交通建设(01800) - 2023 Q1 - 季度业绩