CCS(SH:600180)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥10,763,133,979.38, representing a year-on-year increase of 6.31% compared to ¥10,124,319,400.48 in the same period last year[5] - Net profit attributable to shareholders was ¥203,513,908.92, a decrease of 26.26% from ¥275,986,103.17 in the previous year[6] - The net profit excluding non-recurring gains and losses was ¥173,158,516.48, down 42.77% from ¥302,550,609.88 year-on-year[6] - Basic and diluted earnings per share were both ¥0.195, reflecting a decrease of 28.18% from ¥0.2715 in the same period last year[6] - Total revenue for Q1 2023 reached ¥10,763,133,979.38, an increase of 6.3% compared to ¥10,124,319,400.48 in Q1 2022[19] - Net profit for Q1 2023 was ¥203,345,604.55, a decrease of 26.4% from ¥276,476,570.19 in Q1 2022[20] - Basic earnings per share for Q1 2023 was ¥0.1950, down from ¥0.2715 in Q1 2022, indicating a decline of 28.1%[21] Cash Flow and Liquidity - The cash flow from operating activities showed a significant improvement, with a net amount of ¥2,007,448,885.79 compared to a negative cash flow of ¥159,751,639.77 in the previous year[6] - In Q1 2023, the cash inflow from operating activities was CNY 14.74 billion, an increase of 33.5% compared to CNY 11.06 billion in Q1 2022[24] - The net cash flow from operating activities was CNY 2.01 billion, a significant recovery from a net outflow of CNY 159.75 million in the same period last year[24] - Cash inflow from financing activities was CNY 2.07 billion, a decrease of 27.9% compared to CNY 2.88 billion in Q1 2022[25] - The net cash flow from financing activities was -CNY 615.30 million, contrasting with a positive net flow of CNY 87.14 million in the same quarter last year[25] - The total cash and cash equivalents at the end of Q1 2023 stood at CNY 2.19 billion, up from CNY 939.85 million at the end of Q1 2022[25] - The company paid CNY 1.31 billion in debt repayments during Q1 2023, reflecting its commitment to managing liabilities[25] - The impact of exchange rate fluctuations on cash and cash equivalents was -CNY 15.47 million in Q1 2023[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥32,012,246,198.50, an increase of 4.84% from ¥30,493,634,644.99 at the end of the previous year[6] - Total assets as of the end of Q1 2023 amounted to ¥32,012,246,198.50, compared to ¥30,535,443,869.20 at the end of Q1 2022, representing a growth of 4.8%[18] - Total liabilities increased to ¥24,303,243,657.02 in Q1 2023 from ¥22,964,319,987.13 in Q1 2022, marking a rise of 5.5%[18] - The total current assets reached ¥17,530,794,939.30, compared to ¥16,209,045,829.77 at the end of 2022, indicating an increase of about 8.1%[16] - Accounts receivable decreased to ¥8,552,744,453.00 from ¥10,806,299,051.90, reflecting a decline of approximately 20.8%[16] - Inventory increased significantly to ¥1,122,118,066.34 from ¥298,085,469.66, marking a rise of about 276.5%[16] - The company's long-term equity investments stood at ¥13,763,727,046.12, slightly up from ¥13,655,055,437.41, showing an increase of approximately 0.8%[16] Shareholder Information - Shareholders' equity attributable to the parent company was ¥7,669,582,553.08, up 1.61% from ¥7,507,356,450.57 at the end of the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 27,372, with the largest shareholder holding 52.71% of the shares[12] Non-Recurring Items and Other Factors - Non-recurring gains and losses totaled ¥30,355,392.44 after tax adjustments, with significant contributions from government subsidies and other non-operating income[10] - Research and development expenses for Q1 2023 were ¥1,203,732.39, slightly up from ¥1,173,489.51 in Q1 2022, indicating a focus on innovation[20] - The company reported an investment income of ¥149,014,654.75 in Q1 2023, a significant recovery from a loss of ¥4,710,153.18 in Q1 2022[20] Strategic Developments - The company has not disclosed any new product developments or technological advancements in the provided reports[15] - There are no significant mergers or acquisitions mentioned in the current financial report[15] - The report does not provide specific future guidance or market expansion strategies[15] - The company has not indicated any changes in its operational strategies in the current quarter[15]