BAOTI(SH:600456)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,874,790,592.72, representing an increase of 18.39% compared to the same period last year[7]. - The net profit attributable to shareholders of the listed company was ¥136,758,159.41, a decrease of 29.31% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥131,700,017.53, down 31.22% from the previous year[7]. - The basic earnings per share for the period was ¥0.2862, down 29.32% year-on-year[8]. - Operating profit for Q1 2023 was ¥186,943,021.94, a decrease of 24.14% from ¥246,381,884.05 in Q1 2022[33]. - The total profit for the first quarter of 2023 is approximately ¥186.93 million, a decrease from ¥246.46 million in the same period of 2022, representing a decline of about 24%[34]. - The net profit attributable to shareholders of the parent company for Q1 2023 is approximately ¥136.76 million, down from ¥193.47 million in Q1 2022, indicating a decrease of around 29%[34]. - The basic and diluted earnings per share for Q1 2023 are both ¥0.2862, compared to ¥0.4049 in Q1 2022, reflecting a decline of approximately 29%[34]. Cash Flow - The net cash flow from operating activities was -¥14,985,669.23, a decrease of 93.48% compared to the same period last year[8]. - The net cash flow from operating activities for Q1 2023 is negative at approximately -¥14.99 million, an improvement from -¥229.99 million in Q1 2022[37]. - The company reported a cash outflow from operating activities totaling approximately ¥887.87 million in Q1 2023, compared to ¥1.43 billion in Q1 2022, showing a reduction of about 37%[37]. - Cash received from sales of goods and services in Q1 2023 is approximately ¥734.86 million, down from ¥1.16 billion in Q1 2022, representing a decrease of about 37%[37]. Assets and Liabilities - The total assets at the end of the reporting period were ¥12,929,038,499.74, an increase of 3.77% from the end of the previous year[8]. - Current assets totaled ¥9,213,821,238.84 as of March 31, 2023, compared to ¥8,824,470,394.57 at the end of 2022, reflecting an increase of 4.41%[26]. - Total liabilities as of Q1 2023 amount to approximately ¥6.06 billion, an increase from ¥5.69 billion in the previous year, indicating a growth of about 6.5%[38]. - Current liabilities amounted to ¥4,052,623,697.52 as of March 31, 2023, compared to ¥3,920,562,028.47 at the end of 2022, representing an increase of 3.37%[28]. - The company has a long-term loan balance of approximately ¥943 million as of Q1 2023, an increase from ¥743 million in the previous year, indicating a growth of about 27%[38]. Equity - The equity attributable to shareholders of the listed company was ¥6,331,149,051.32, up 2.24% from the end of the previous year[8]. - The total equity attributable to shareholders of the parent company is approximately ¥6.33 billion, up from ¥6.19 billion in the previous year, reflecting an increase of about 2.3%[38]. Research and Development - Research and development expenses in Q1 2023 amounted to ¥35,328,413.97, significantly higher than ¥18,306,822.04 in Q1 2022, indicating an increase of 93.06%[33]. Cash and Cash Equivalents - Cash and cash equivalents as of March 31, 2023, were ¥825,908,444.42, down from ¥905,355,895.21 at the end of 2022[26]. - The ending balance of cash and cash equivalents was $737,498,510.18, down from $1,834,418,217.57 at the end of the previous period[44]. - The net increase in cash and cash equivalents was -$57,201,483.74, contrasting with an increase of $484,161,051.30 in the last period[44].