QJSL(SH:600283)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 402,802,192.04, representing an increase of 8.43% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 59,896,868.83, showing a significant increase of 84.78% year-on-year[5]. - The net profit after deducting non-recurring gains and losses reached CNY 47,105,529.36, up by 112.68% compared to the previous year[5]. - The basic earnings per share for the period was CNY 0.17, reflecting an increase of 88.89% year-on-year[6]. - Net profit for Q1 2023 reached CNY 73,038,041.37, representing a 55.5% increase compared to CNY 47,007,104.63 in Q1 2022[22]. - Operating profit for Q1 2023 was CNY 91,580,247.69, up 53.8% from CNY 59,539,100.51 in the same period last year[22]. - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[21]. - The company reported investment income of CNY 11,418,289.29 in Q1 2023, recovering from a loss of CNY 12,563,522.27 in Q1 2022[22]. - The company reported investment income of CNY 93,621,701.08 in Q1 2023, a significant recovery from an investment loss of CNY 8,900,902.39 in Q1 2022[34]. Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 6,952,699,232.31, a slight increase of 0.85% from the end of the previous year[6]. - Current assets as of March 31, 2023, totaled RMB 1,782,383,152.60, up from RMB 1,667,448,162.56 at the end of 2022, reflecting a growth of 6.9%[16]. - Total assets reached RMB 6,952,699,232.31 as of March 31, 2023, compared to RMB 6,893,859,238.08 at the end of 2022, indicating an increase of 0.9%[18]. - Total liabilities amounted to RMB 4,044,044,181.71, slightly up from RMB 4,037,338,228.85 at the end of 2022[18]. - The total liabilities decreased to CNY 896,369,999.09 from CNY 907,448,864.67 in the previous period[31]. - The company's total equity increased to CNY 1,932,013,878.76 from CNY 1,831,864,523.30 in the previous period[31]. Cash Flow - The net cash flow from operating activities decreased by 55.98% to CNY 60,353,035.75, primarily due to a reduction in cash received from sales[11]. - Cash flow from operating activities for Q1 2023 was CNY 60,353,035.75, down 56.0% from CNY 137,104,472.29 in Q1 2022[26]. - Cash outflow from investment activities in Q1 2023 was CNY 105,927,469.07, compared to CNY 115,788,377.80 in Q1 2022, showing a decrease of 8.0%[26]. - The net cash flow from financing activities was CNY 30,479,866.73, a decrease of 84.9% from CNY 189,696,528.41 in the previous period[27]. - The company's cash and cash equivalents were RMB 791,968,723.81 as of March 31, 2023, compared to RMB 756,253,374.93 at the end of 2022, representing a growth of 4.7%[16]. - The company's total cash and cash equivalents balance was CNY 67,773,658.93 at the end of Q1 2023, down from CNY 334,830,397.05 at the end of Q1 2022, reflecting a decrease of about 79.8%[38]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,944[12]. - The largest shareholder, China Water Investment Co., Ltd., held 33.55% of the shares, totaling 118,436,629 shares[13]. Operational Costs and Expenses - Total operating costs for Q1 2023 were CNY 340,969,855.02, an increase of 13.3% from CNY 300,810,047.33 in Q1 2022[22]. - The company's retained earnings rose to RMB 646,946,418.01 from RMB 587,049,549.18, reflecting an increase of 10.1%[18]. - Research and development expenses increased significantly to CNY 1,361,502.39, compared to CNY 147,114.89 in Q1 2022, marking an increase of 829.5%[22]. - The company incurred financial expenses of CNY 11,403,780.12 in Q1 2023, up from CNY 10,638,260.66 in Q1 2022, indicating an increase of 7.2%[22]. - The company's financial expenses decreased to CNY 5,726,983.62 in Q1 2023 from CNY 6,515,697.10 in Q1 2022, reflecting a reduction of about 12.1%[34]. Market Strategy - The company is focusing on market expansion and new product development, although detailed strategies were not specified in the provided content[21].