MXEP(SH:600101)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥651,573,078.22, representing a year-on-year increase of 16.82%[5] - The net profit attributable to shareholders for Q1 2023 was ¥57,946,601.94, reflecting a significant increase of 39.17% compared to the same period last year[5] - The basic earnings per share for Q1 2023 was ¥0.1375, which is a 39.17% increase year-on-year[5] - The net profit for Q1 2023 was CNY 57,946,601.94, representing an increase of 38.2% compared to CNY 41,961,640.05 in Q1 2022[19] - The operating profit for Q1 2023 was CNY 68,471,809.30, up from CNY 49,695,017.49 in the same period last year, indicating a growth of 37.7%[19] - The total revenue from operating activities was CNY 812,977,995.27, compared to CNY 725,722,048.28 in Q1 2022, reflecting a year-over-year increase of 12.0%[23] - The total comprehensive income for Q1 2023 was CNY 57,946,601.94, up from CNY 41,961,640.05 in Q1 2022, reflecting a growth of 38.2%[19] Cash Flow and Investments - The net cash flow from operating activities for Q1 2023 was ¥133,919,257.78, showing an increase of 8.39% compared to the previous year[5] - The net cash flow from operating activities was CNY 133,919,257.78, an increase from CNY 123,552,245.46 in the previous year, showing a growth of 8.5%[23] - The company reported a net cash outflow from investing activities of CNY 46,920,144.37, compared to a net outflow of CNY 50,671,197.34 in Q1 2022, indicating a reduction in investment losses[24] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥3,905,512,198.55, a 2.47% increase from the end of the previous year[6] - Total assets as of March 31, 2023, were ¥3,905,512,198.55, compared to ¥3,811,294,691.27 at the end of 2022, reflecting a growth of 2.5%[17] - Total liabilities as of March 31, 2023, were ¥1,178,330,169.65, an increase from ¥1,145,271,847.37 at the end of 2022[17] - Current assets totaled ¥1,249,280,441.09 as of March 31, 2023, compared to ¥1,169,143,435.05 at the end of 2022, indicating a growth of 6.8%[16] - Inventory as of March 31, 2023, was ¥39,994,774.03, up from ¥26,921,039.46 at the end of 2022, representing a significant increase of 48.5%[16] - Long-term equity investments increased to ¥222,395,684.94 as of March 31, 2023, from ¥216,464,084.94 at the end of 2022[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,137[10] - The largest shareholder, State Grid Sichuan Electric Power Company, held 20.07% of the shares, totaling 84,591,126 shares[11] Operating Costs and Expenses - Total operating costs for Q1 2023 were ¥589,778,094.22, up 14.5% from ¥514,972,797.52 in Q1 2022[18] - The total operating expenses increased to CNY 679,058,737.49 in Q1 2023 from CNY 602,169,802.82 in Q1 2022, representing a rise of 12.8%[23] Research and Development - The company reported R&D expenses of ¥86,935.54 for Q1 2023, significantly higher than ¥7,920.79 in Q1 2022, indicating a focus on innovation[18] Government Subsidies - The company received government subsidies amounting to ¥745,222.96 during the reporting period[8] Other Financial Metrics - The weighted average return on equity for Q1 2023 was 2.12%, an increase of 0.49 percentage points compared to the previous year[5] - Cash and cash equivalents as of March 31, 2023, amounted to ¥943,115,323.87, an increase from ¥863,932,571.83 as of December 31, 2022[16] - The cash and cash equivalents at the end of Q1 2023 totaled CNY 950,115,247.73, slightly down from CNY 956,261,961.88 at the end of Q1 2022[24] - The company incurred a loss of CNY 47,351.24 from asset disposals during the quarter[19]