TBEA(SH:600089)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,627,370.51 million, representing a 37.21% increase compared to CNY 1,914,912.74 million in the same period last year[3] - Net profit attributable to shareholders was CNY 472,417.34 million, a 51.34% increase from CNY 312,160.56 million year-on-year[3] - Basic and diluted earnings per share were both CNY 1.2036, reflecting a 46.09% increase from CNY 0.8239 in the same period last year[3] - The increase in revenue and profit was primarily driven by higher sales volumes of polysilicon and coal products[6] - Total operating revenue for Q1 2023 reached ¥26.29 billion, a 37% increase from ¥19.18 billion in Q1 2022[17] - Net profit for Q1 2023 was ¥6.77 billion, up 52.5% from ¥4.45 billion in Q1 2022[20] - Operating profit for Q1 2023 was ¥7.89 billion, a 54% increase from ¥5.12 billion in Q1 2022[20] - The company reported a total comprehensive income of ¥6.74 billion for Q1 2023, compared to ¥4.41 billion in Q1 2022[21] - The total comprehensive income for Q1 2023 was CNY 3,144,727,524.64, significantly higher than CNY 1,341,258,270.45 in Q1 2022, marking an increase of 134.5%[32] Cash Flow - The net cash flow from operating activities reached CNY 653,822.19 million, up 121.61% from CNY 295,030.33 million in the previous year[3] - In Q1 2023, the company reported cash inflows from operating activities totaling CNY 27,000,862,187.21, a 35.3% increase from CNY 19,971,832,203.63 in Q1 2022[23] - The net cash flow from operating activities for Q1 2023 was CNY 6,538,221,880.73, compared to CNY 2,950,303,283.70 in Q1 2022, reflecting a significant increase of 121.5%[23] - The total cash inflow from operating activities was CNY 2,969,532,458.08 in Q1 2023, down from CNY 3,290,112,437.20 in Q1 2022, a decrease of 9.8%[33] - The company's cash flow from operating activities was significantly bolstered by a 38.5% increase in cash received from sales, totaling CNY 26,217,417,128.88 in Q1 2023 compared to CNY 18,940,608,337.40 in Q1 2022[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,000,151.54 million, a 5.68% increase from CNY 17,033,400.33 million at the end of the previous year[3] - Current assets totaled RMB 75,785,350,120.64, up from RMB 68,759,632,783.93, indicating an increase of about 10.0% year-over-year[14] - Total liabilities were RMB 85,626,000,000.00 as of March 31, 2023, compared to RMB 81,000,000,000.00 at the end of 2022, reflecting a growth of approximately 5.0%[15] - The total liabilities decreased to CNY 24,316,819,286.60 as of March 31, 2023, down from CNY 25,072,910,739.37 at the end of 2022, a reduction of 3.0%[28] - Total equity increased to ¥86.51 billion as of March 31, 2023, compared to ¥80.16 billion at the end of 2022[16] - The company's total equity increased to CNY 29,554,521,692.38, compared to CNY 27,286,236,639.41 at the end of 2022, reflecting a growth of 8.3%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 355,738, with the largest shareholder holding 11.49% of the shares[7] Research and Development - Research and development expenses for Q1 2023 were ¥529.44 million, significantly higher than ¥165.63 million in Q1 2022, indicating a focus on innovation[19] - Research and development expenses for Q1 2023 were CNY 14,337,819.41, an increase from CNY 10,417,580.64 in Q1 2022, indicating a rise of 37.5%[29] Government Support - The company received government subsidies amounting to CNY 146,930,548.98 million, which contributed to its financial performance[5] Consolidation and Stake Changes - The company has increased its stake in Xinjiang Zhonghe, leading to adjustments in its financial reporting due to consolidation under common control[4] Other Notable Information - The company has not disclosed any new product or technology developments during this reporting period[12] - There are no significant mergers or acquisitions reported in the current quarter[12] - The company did not apply new accounting standards in 2023, maintaining consistency in financial reporting[35]