NNCC(SH:600435)2023-04-20 16:00Financial Performance - The operating revenue for Q1 2023 was RMB 584,131,782.24, representing a year-on-year increase of 1.52%[8] - The net profit attributable to shareholders of the listed company was RMB 24,551,816.54, showing a decrease of 30.53% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 20,560,126.33, an increase of 70.05% year-on-year[8] - The basic earnings per share for Q1 2023 was RMB 0.0164, a decrease of 30.80% year-on-year[8] - The diluted earnings per share for Q1 2023 was also RMB 0.0164, reflecting the same decrease of 30.80%[8] - The weighted average return on equity was 0.97%, a decrease of 0.53 percentage points compared to the previous year[8] - The net profit attributable to shareholders decreased by 30.53% compared to the same period last year, due to the absence of gains from the disposal of equity[30] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 70.05% due to higher operating income and gross margin[30] - The basic and diluted earnings per share both decreased by 30.80% compared to the same period last year[30] - The weighted average return on equity decreased by 0.53 percentage points due to the absence of gains from equity disposal in the previous year[30] Cash Flow - The net cash flow from operating activities was RMB 10,985,702.86, down 97.27% from the previous year[8] - The net cash flow from investment activities was -816,394,565.46 RMB, a decrease from 144,489,846.03 RMB in the previous period[24] - The net cash flow from financing activities was 71,254,053.64 RMB, compared to -1,592,425.00 RMB in the previous period[24] - The net increase in cash and cash equivalents was -734,154,808.96 RMB, down from an increase of 545,606,098.04 RMB in the previous period[24] - The net cash flow from operating activities decreased by 97.27% due to reduced cash receipts from product sales and increased VAT payments[30] - The cash inflow from operating activities totaled ¥638,222,863.77, a decrease of 26.1% compared to ¥863,231,853.75 in Q1 2022[44] - The cash outflow from operating activities amounted to ¥627,237,160.91, an increase of 36.3% from ¥460,523,176.74 in the same period last year[44] - The net cash flow generated from operating activities was ¥10,985,702.86, significantly lower than ¥402,708,677.01 in Q1 2022, indicating a decline of 97.3%[44] - The cash balance at the end of the period was 541,078,940.34 RMB, down from 1,219,727,416.88 RMB at the beginning of the period[24] Assets and Liabilities - The total assets at the end of Q1 2023 were RMB 6,466,115,222.46, an increase of 2.21% from the end of the previous year[9] - The total liabilities as of the end of Q1 2023 amounted to RMB 3,124,096,248.98, compared to RMB 3,091,455,975.62 at the end of Q1 2022, showing an increase of about 1.05%[37] - The total equity attributable to shareholders was RMB 2,585,896,611.77 at the end of Q1 2023, up from RMB 2,484,686,744.38 in Q1 2022, indicating a growth of approximately 4.06%[37] - The total assets at the end of Q1 2023 were RMB 6,466,115,222.46, compared to RMB 6,326,090,627.76 at the end of Q1 2022, reflecting an increase of approximately 2.22%[38] Expenses - The total operating costs for Q1 2023 were RMB 549,747,172.09, down from RMB 562,430,038.75 in Q1 2022, indicating a decrease of about 2.5%[38] - Research and development expenses increased significantly to RMB 52,735,949.23 in Q1 2023, compared to RMB 30,645,639.10 in Q1 2022, reflecting a growth of approximately 72%[38] - The company reported a total of RMB 53,757,581.98 in taxes payable for Q1 2023, compared to RMB 107,033,875.33 in Q1 2022, indicating a decrease of about 49.9%[37] Shareholder Information - The number of common shareholders at the end of the reporting period was 98,760, with the largest shareholder holding 22.66% of the shares[32] - The company has a significant shareholder relationship between the largest shareholder and the second-largest shareholder, both controlled by China North Industries Group Corporation[33] Other Information - The company has not reported any significant new product developments or technological advancements in the current quarter[43] - There are no updates on market expansion or mergers and acquisitions in the latest financial report[43] - The company has not provided specific future outlook or performance guidance in the current report[43] - The financial report is unaudited, indicating that the figures may be subject to change upon final audit[44]