AISINO CO.LTD.(SH:600271)2023-05-03 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, an 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 (EPS) was CNY 0.1326, reflecting an increase of 308.00% year-on-year[4]. - Total operating revenue for Q1 2023 was 3,505,923,338.82, down from 4,229,116,166.66 in Q1 2022, representing a decrease of approximately 17.1%[20]. - Total operating costs for Q1 2023 were 3,391,406,420.89, compared to 3,892,114,535.49 in Q1 2022, reflecting a decrease of about 12.9%[20]. - Operating profit for Q1 2023 increased to 500,149,340.62 from 351,071,072.07 in Q1 2022, marking an increase of approximately 42.5%[20]. - Total profit for Q1 2023 was 500,521,849.02, up from 350,118,915.46 in Q1 2022, indicating an increase of around 43%[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 a year-over-year increase of 57%[21]. - The basic and diluted earnings per share for Q1 2023 were both ¥0.1326, compared to ¥0.0325 in Q1 2022, marking an increase of 308%[21]. Assets and Liabilities - 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 as of Q1 2023 amounted to 23,915,617,609.76, compared to 23,681,662,253.09 in the previous year, showing an increase of approximately 1%[18]. - Total liabilities for Q1 2023 were 5,851,163,749.56, down from 5,958,660,300.44 in Q1 2022, reflecting a decrease of about 1.8%[18]. - Total liabilities rose from RMB 5,958,660,300.44 to RMB 5,986,959,941.50, indicating an increase of about 0.47%[26]. - Non-current assets totaled 7,448,376,974.77 in Q1 2023, slightly up from 7,434,265,442.35 in Q1 2022[18]. - Non-current assets increased from RMB 7,434,265,442.35 to RMB 7,460,283,959.49, showing a growth of approximately 0.35%[25]. - The company's equity increased to 18,064,453,860.20 in Q1 2023 from 17,723,001,952.65 in Q1 2022, representing an increase of approximately 1.9%[18]. - The total equity attributable to shareholders decreased slightly from RMB 14,149,223,167.53 to RMB 14,147,490,980.08, a decline of approximately 0.01%[26]. Cash Flow - The company reported a net cash flow from operating activities of CNY -116,544.51 million, an increase of 14.77% year-on-year[4]. - Cash inflows from operating activities totaled approximately ¥3.68 billion in Q1 2023, down from ¥4.47 billion in Q1 2022, a decrease of 18%[22]. - The net cash outflow from operating activities was approximately ¥1.17 billion in Q1 2023, an improvement from a net outflow of ¥1.37 billion in Q1 2022[22]. - Cash inflows from investing activities were approximately ¥180.57 million in Q1 2023, significantly lower than ¥4.61 million in Q1 2022[23]. - The net cash inflow from financing activities was approximately ¥83.04 million in Q1 2023, compared to a net outflow of ¥175.43 million in Q1 2022, indicating a positive shift[23]. - The company's cash and cash equivalents as of March 31, 2023, amount to ¥6,317,086,919.51, a decrease from ¥7,401,350,914.80 at the end of 2022[16]. - The cash and cash equivalents at the end of Q1 2023 stood at approximately ¥6.11 billion, slightly down from ¥6.15 billion at the end of Q1 2022[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 87,028[12]. - The largest shareholder, China Aerospace Science and Industry Corporation, holds 741,448,172 shares, representing 40.02% of total shares[14]. - The total number of shares held by the top ten shareholders includes significant stakes from state-owned entities[14]. - The company has no pledged, marked, or frozen shares among the top ten shareholders[12]. - There are no significant related party transactions or concerted actions among the top ten shareholders[13]. Research and Development - The company’s research and development expenses increased by 62.75%, indicating a focus on transformation and upgrading[9]. - Research and development expenses for Q1 2023 were 266,044,381.50, down from 284,872,959.42 in Q1 2022, a decrease of about 6.5%[20]. Inventory and Receivables - Accounts receivable increased to ¥3,816,454,369.03 from ¥3,154,822,310.22 year-over-year[16]. - The company reported a total of ¥1,817,874,878.09 in inventory as of March 31, 2023[16]. - Inventory remained at RMB 1,832,954,236.99, with no significant fluctuations reported[24].