FOTON(SH:600166)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 14,973,867,186.91, representing a year-on-year increase of 20.88%[4] - The net profit attributable to shareholders for Q1 2023 was CNY 297,702,733.41, a significant increase of 119.89% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 173,922,553.95, up 118.36% year-on-year[5] - The basic earnings per share for Q1 2023 was CNY 0.038, representing an increase of 80.95% year-on-year[5] - The weighted average return on equity for Q1 2023 was 2.21%, an increase of 0.93 percentage points compared to the previous year[5] - Total revenue for Q1 2023 reached ¥14,973,867,186.91, an increase of 21.0% compared to ¥12,387,399,320.43 in Q1 2022[17] - Net profit for Q1 2023 was ¥297,106,201.07, compared to ¥133,475,894.20 in Q1 2022, representing a significant increase of 122.5%[19] - The net profit attributable to the parent company for Q1 2023 was approximately ¥297.70 million, compared to ¥135.39 million in Q1 2022, representing a year-over-year increase of 119.9%[20] - The total comprehensive income for Q1 2023 was approximately ¥298.17 million, up from ¥183.80 million in Q1 2022, indicating a growth of 62.2%[20] Cash Flow and Assets - The net cash flow from operating activities for Q1 2023 was CNY 1,094,246,748.99, reflecting a 22.72% increase compared to the previous year[4] - The total assets at the end of Q1 2023 amounted to CNY 53,725,009,423.58, an increase of 10.74% from the end of the previous year[5] - The company reported a total current asset of RMB 27,846,980,349.41 as of March 31, 2023, an increase from RMB 22,788,382,128.73 in the previous year, representing a growth of approximately 22.8%[14] - Cash and cash equivalents amounted to RMB 9,421,863,669.83, up from RMB 8,569,669,639.06, indicating a year-over-year increase of about 9.9%[14] - The company's cash and cash equivalents at the end of Q1 2023 amounted to approximately ¥7.87 billion, an increase from ¥7.18 billion at the end of Q1 2022[22] - The total operating cash inflow for Q1 2023 was approximately ¥9.92 billion, down from ¥10.20 billion in Q1 2022, indicating a decrease of 2.8%[21] - The total operating cash outflow for Q1 2023 was approximately ¥8.82 billion, compared to ¥9.31 billion in Q1 2022, showing a reduction of 5.2%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 135,084[9] - The company has repurchased a total of 85,188,108 shares, accounting for 1.06% of the total share capital, with a total expenditure of RMB 293,892,165.80[12] - The company plans to repurchase shares with a total fund not less than RMB 200 million and not exceeding RMB 300 million within a 12-month period[12] - The top ten shareholders hold a significant portion of the company’s shares, with Beijing Automotive Group Co., Ltd. being the largest shareholder with 1,805,288,934 shares[10] Liabilities and Investments - The company’s total liabilities were not specified in the provided data, but the increase in current assets suggests a potential strengthening of the balance sheet[14] - The total liabilities reached ¥39,915,533,891.64 in Q1 2023, compared to ¥34,777,568,935.47 in Q1 2022, reflecting a rise of 14.5%[16] - The company’s long-term equity investments reached RMB 5,948,966,541.49, an increase from RMB 5,620,931,186.93 in the previous year, showing a growth of approximately 5.8%[14] Research and Development - Research and development expenses in Q1 2023 amounted to ¥421,368,175.96, an increase from ¥344,582,051.39 in Q1 2022, indicating a growth of 22.3%[19] Other Financial Metrics - The company reported non-recurring gains of CNY 123,780,179.46 for the period, influenced by various factors including asset disposals and government subsidies[7] - The company received tax refunds of approximately ¥284.15 million in Q1 2023, an increase from ¥250.90 million in Q1 2022, representing a growth of 13.2%[21] - The company reported a financial expense of ¥12,804,944.27 in Q1 2023, down from ¥25,959,904.22 in Q1 2022, a decrease of 50.7%[19] - The deferred income tax liabilities stood at ¥52,031,411.26, unchanged from the previous year, indicating stability in this area[16]