SRBC(SH:600039)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥30,893,467,811.60, representing a 29.02% increase compared to ¥18,285,967,891.75 in the same period last year[4]. - Net profit attributable to shareholders for Q1 2023 was ¥2,733,375,733.81, a 32.58% increase from ¥1,572,342,003.14 in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,709,374,119.69, reflecting a 32.45% increase from ¥1,550,805,559.69 in the same period last year[5]. - The basic and diluted earnings per share for Q1 2023 were both ¥0.44, up 25.71% from ¥0.33 in the previous year[5]. - Total operating revenue for Q1 2023 reached ¥30,893,467,811.60, a 28.5% increase from ¥23,944,233,018.31 in Q1 2022[21]. - Total operating costs for Q1 2023 were ¥27,673,705,009.62, up 29.3% from ¥21,414,686,032.87 in Q1 2022[21]. - The company's net investment income for Q1 2023 was ¥43,605,768.92, a recovery from a loss of ¥1,304,878.99 in Q1 2022[21]. - Total comprehensive income attributable to the parent company for Q1 2023 was CNY 2.69 billion, an increase from CNY 2.05 billion in Q1 2022, representing a growth of approximately 31.5%[23]. Assets and Liabilities - The total assets at the end of Q1 2023 were ¥208,534,631,110.41, showing a slight increase of 0.11% from ¥208,298,737,975.97 at the end of the previous year[5]. - The total current assets as of March 31, 2023, amount to 128,824,139,276.09 RMB, a decrease from 131,257,558,176.89 RMB at the end of 2022[16]. - Total current liabilities decreased to ¥102,431,739,721.57 from ¥108,480,520,017.40, a decline of 5.1%[19]. - Non-current liabilities increased to ¥57,096,872,982.45 from ¥53,817,131,104.98, indicating a rise of 4.8%[19]. - The total liabilities of the company were approximately ¥162.30 billion, indicating a stable financial structure[36]. - The total equity attributable to shareholders reached ¥44,677,986,864.60, up from ¥41,794,196,179.29, marking an increase of 6.9%[19]. - The total equity attributable to shareholders decreased to ¥27,552,047,348.03 from ¥27,594,337,067.69, a decline of 0.2%[29]. Cash Flow - The company reported a net cash flow from operating activities of -¥8,253,033,817.58, which is not comparable due to the timing of cash receipts and payments[5]. - Cash flow from operating activities showed a net outflow of CNY 8.25 billion in Q1 2023, worsening from a net outflow of CNY 3.51 billion in Q1 2022[25]. - The company reported cash inflow from operating activities totaling CNY 29.90 billion in Q1 2023, compared to CNY 27.35 billion in Q1 2022, indicating a growth of about 9.3%[24]. - The company incurred a total operating expense of CNY 38.16 billion in Q1 2023, compared to CNY 30.86 billion in Q1 2022, reflecting an increase of about 23.5%[25]. - The company's cash and cash equivalents decreased to ¥2,391,110,705.47 from ¥3,007,217,268.33, a decline of 20.5%[27]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 52,535, with the largest shareholder, Sichuan Railway Investment Group, holding 3,249,037,192 shares, representing 52.19% of the total shares[11]. - As of April 12, 2023, the controlling shareholder, Shudao Group, has increased its shareholding by 1,264,900 shares, bringing its total to 3,482,981,516 shares, which is 55.95% of the total[14]. - The top ten shareholders collectively hold 78.64% of the total shares, indicating a high concentration of ownership[14]. Strategic Initiatives - The company attributed its profit growth to increased construction tasks driven by national infrastructure policies and enhanced market development efforts[10]. - The implementation of green, low-carbon smart construction technologies contributed to improved management efficiency and reduced construction costs[10]. - The establishment of a key project management center has improved internal management efficiency and project profitability through better resource allocation[10]. - The company plans to issue Global Depositary Receipts (GDRs) and list them on the SIX Swiss Exchange to enhance its international financing channels and brand image[15]. - The company is actively pursuing the issuance of GDRs, pending approval from regulatory authorities[15].