AISINO CO.LTD.(SH:600271)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 350,592.33 million, representing a decrease of 17.10% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 24,569.40 million, showing a significant increase of 308.36% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -8,313.07 million, a decrease of 227.13% compared to the previous year[4]. - The basic earnings per share for the period was CNY 0.1326, reflecting an increase of 308.00% year-on-year[4]. - Total operating revenue for Q1 2023 was approximately $3.51 billion, a decrease of 17% compared to $4.23 billion in Q1 2022[20]. - Operating profit for Q1 2023 increased to approximately $500.15 million, compared to $351.07 million in Q1 2022, indicating improved operational efficiency[20]. - Net profit for Q1 2023 was approximately $362.79 million after tax expenses, compared to $217.08 million in Q1 2022, showing a significant year-over-year growth[20]. - The net profit for Q1 2023 was approximately ¥362.79 million, compared to ¥217.08 million in Q1 2022, representing a year-over-year increase of 67%[21]. - The net profit attributable to shareholders of the parent company was approximately ¥245.69 million, up from ¥60.17 million in the same period last year, indicating a significant growth of 308%[21]. - The total comprehensive income for Q1 2023 was approximately ¥359.16 million, compared to ¥228.97 million in Q1 2022, reflecting an increase of 57%[21]. Cash Flow and Assets - The company's cash flow from operating activities was CNY -116,544.51 million, an increase of 14.77% compared to the previous year[4]. - Cash flow from operating activities showed a net outflow of approximately ¥1.17 billion in Q1 2023, an improvement from a net outflow of ¥1.37 billion in Q1 2022[22]. - Cash inflow from investment activities was approximately ¥180.57 million in Q1 2023, compared to ¥4.61 million in Q1 2022, indicating a substantial increase[23]. - Cash flow from financing activities resulted in a net inflow of approximately ¥83.04 million in Q1 2023, compared to a net outflow of ¥175.43 million in Q1 2022[23]. - The company's cash and cash equivalents as of March 31, 2023, amount to 6,317,086,919.51 RMB, a decrease from 7,401,350,914.80 RMB at the end of 2022[16]. - The total cash and cash equivalents at the end of Q1 2023 were approximately ¥6.11 billion, slightly down from ¥6.15 billion at the end of Q1 2022[23]. - Total assets at the end of the reporting period were CNY 2,391,561.76 million, a slight increase of 0.99% from the end of the previous year[6]. - The total assets increased to approximately $23.92 billion in Q1 2023, compared to $23.68 billion in Q1 2022, reflecting growth in asset base[18]. - Total liabilities decreased to approximately $5.85 billion in Q1 2023 from $5.96 billion in Q1 2022, indicating improved financial stability[18]. - Total liabilities rose from RMB 5,958,660,300.44 to RMB 5,986,959,941.50, reflecting an increase of RMB 28,299,641.06[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 1,852,884,638[12]. - The largest shareholder, China Aerospace Science and Industry Corporation, holds 741,448,172 shares, representing 40.02% of total shares[14]. - The company has no preferred shareholders with restored voting rights at the end of the reporting period[12]. - The top ten shareholders do not have any disclosed related party relationships or concerted actions[13]. Investment and R&D - The company reported a significant increase in investment income of 855.83%, primarily from the partial sale of shares in Zhongyou Capital[11]. - The fair value change income was CNY 1,788.36 million, mainly due to the increase in the fair value of Zhongyou Capital shares held by the company[11]. - The company plans to continue increasing R&D investment to support its transformation and upgrade efforts[9]. - Research and development expenses for Q1 2023 were approximately $266.04 million, a slight decrease from $284.87 million in Q1 2022, indicating a focus on cost management[20]. Operational Conditions - The company has not indicated any significant changes in operational conditions during the reporting period[15]. - The company is exploring new market expansion strategies, although specific details were not disclosed in the earnings call[19].