HPEC(SH:600312)2023-04-20 16:00Financial Performance - The company's operating revenue for Q1 2023 was RMB 1,956,327,532.53, representing a year-on-year increase of 20.82%[4] - The net profit attributable to shareholders for Q1 2023 was RMB 150,526,232.46, showing a significant increase of 276.10% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 152,656,148.59, reflecting a year-on-year growth of 289.10%[4] - The basic earnings per share for Q1 2023 was RMB 0.1109, an increase of 275.93% year-on-year[5] - The total operating profit for Q1 2023 was CNY 214,896,853.27, significantly up from CNY 74,847,842.27 in Q1 2022, marking an increase of 187.2%[17] - The total comprehensive income for Q1 2023 was CNY 180,777,219.91, compared to CNY 72,432,907.78 in Q1 2022, reflecting an increase of 149.5%[18] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to RMB 18,179,326,293.93, up 1.86% from the end of the previous year[5] - Current assets totaled ¥12,519,820,797.80 as of March 31, 2023, up from ¥12,108,634,880.91 at the end of 2022, reflecting a growth of 3.4%[13] - Total assets amounted to ¥18,179,326,293.93, compared to ¥17,846,794,070.38 at the end of 2022, reflecting a growth of 1.9%[14] - Total liabilities increased to ¥8,255,320,961.38, up from ¥8,107,611,425.64, representing a rise of 1.8%[14] - The company's retained earnings reached ¥2,622,840,680.93, an increase from ¥2,472,314,448.47 in the previous year, showing a growth of 6.1%[14] Cash Flow - The company reported a net cash flow from operating activities of RMB 37,732,757.59 for Q1 2023, which is not applicable for year-on-year comparison[4] - The net cash flow from operating activities for Q1 2023 was CNY 37,732,757.59, a recovery from a negative cash flow of CNY -131,944,189.19 in Q1 2022[21] - The total investment cash outflow for Q1 2023 was CNY 63,847,974.70, compared to CNY 70,975,839.92 in Q1 2022, showing a decrease of 10.5%[21] - Cash and cash equivalents decreased by 72,889,294.94, compared to a decrease of 203,917,232.12 in the previous year[22] - Net cash flow from financing activities was -47,916,476.45, a decline from -15,130,268.40 in the same period last year[22] - The ending balance of cash and cash equivalents was 3,083,445,215.45, down from 2,176,161,223.24 year-over-year[22] Shareholder Information - The company has a total of 53,224 common shareholders at the end of the reporting period[8] Operational Metrics - The company experienced significant revenue growth due to key projects and regular product sales[7] - The total revenue from sales of goods and services received in Q1 2023 was CNY 1,643,098,849.08, down from CNY 1,723,138,897.28 in Q1 2022, indicating a decrease of 4.6%[19] - The total operating costs for Q1 2023 were CNY 1,747,359,189.74, compared to CNY 1,549,920,809.17 in Q1 2022, an increase of 12.8%[17] Research and Development - Research and development expenses for Q1 2023 were CNY 51,886,184.55, slightly down from CNY 51,933,883.47 in Q1 2022, showing a decrease of 0.1%[17] Taxation - The income tax expense for Q1 2023 was CNY 36,875,189.12, compared to CNY 17,977,981.88 in Q1 2022, indicating an increase of 104.5%[17] Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2023[22]