CRT(SH:600125)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 3,346,741,191.32, representing an increase of 18.64% compared to the same period last year[3]. - The net profit attributable to shareholders was CNY 172,032,687.62, reflecting a growth of 38.15% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 166,678,523.37, up 43.89% from the previous year[3]. - The basic earnings per share increased to CNY 0.132, a rise of 38.95% compared to the same period last year[3]. - Operating profit for Q1 2023 was ¥238,354,898.36, up 38.4% from ¥172,161,129.20 in Q1 2022[13]. - The total comprehensive income for the first quarter of 2023 was CNY 173,208,638.70, compared to CNY 126,117,361.21 in the same period last year, representing an increase of approximately 37.4%[14]. - Basic earnings per share for the first quarter of 2023 were CNY 0.132, up from CNY 0.095 in the previous year, reflecting a growth of 39.0%[14]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,618,424,976.97, a 2.19% increase from the end of the previous year[3]. - Total assets as of March 31, 2023, amounted to ¥9,618,424,976.97, compared to ¥9,411,968,689.47 at the end of 2022[11]. - Current assets increased to ¥4,759,071,700.61 from ¥4,522,185,708.24 at the end of 2022, reflecting a growth of 5.2%[10]. - Inventory as of March 31, 2023, was ¥2,294,908,145.44, a significant increase of 46.3% from ¥1,568,666,864.44 at the end of 2022[10]. - Total liabilities as of March 31, 2023, were ¥2,750,549,292.10, slightly up from ¥2,717,963,570.60 at the end of 2022[11]. - The company reported a decrease in short-term borrowings, with long-term borrowings reduced to ¥20,000,000.00 from ¥140,000,000.00[11]. Cash Flow - The net cash flow from operating activities was negative at CNY -251,605,607.43, a decline of 239.64% year-on-year[3]. - Cash inflows from operating activities totaled CNY 3,224,804,503.56, while cash outflows amounted to CNY 3,476,410,110.99, resulting in a net cash flow from operating activities of -CNY 251,605,607.43[15][17]. - The company reported cash and cash equivalents at the end of the first quarter of 2023 amounting to CNY 1,541,785,461.02, down from CNY 1,920,954,483.43 at the beginning of the quarter[17]. - Cash outflows from investing activities were CNY 5,433,939.89, leading to a net cash flow from investing activities of -CNY 2,538,439.89[17]. - The company incurred cash outflows from financing activities totaling CNY 125,096,677.52, resulting in a net cash flow from financing activities of -CNY 125,096,677.52[17]. - The total cash outflow for employee payments was CNY 119,211,723.22, compared to CNY 107,928,695.39 in the previous year[17]. Other Financial Metrics - The company reported a significant increase in contract liabilities by 109.47%, indicating a rise in advance payments received[5]. - The company experienced a 121.95% increase in receivables financing, attributed to an increase in bank acceptance bills[5]. - The company’s financial expenses decreased by 68.43%, primarily due to a reduction in interest expenses[5]. - Research and development expenses for Q1 2023 were ¥1,054,104.76, a slight increase from ¥1,014,905.67 in Q1 2022[13]. - The company received CNY 370,197.41 in tax refunds during the first quarter of 2023[15]. - The company reported a significant increase in cash received from sales of goods and services, amounting to CNY 3,158,963,370.82[15]. Accounting Standards - The company did not execute any new accounting standards or interpretations that would affect the financial statements for the first quarter of 2023[18].