AEOLUS(SH:600469)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥1,270,988,865.08, representing a year-on-year increase of 20.71%[6] - Net profit for Q1 2023 was ¥51,000,849.58, recovering from a net loss of ¥41,254,837.56 in Q1 2022[22] - Operating profit for Q1 2023 was ¥59,388,605.29, compared to a loss of ¥49,990,317.85 in Q1 2022[22] - Total revenue for Q1 2023 reached ¥1,270,988,865.08, a 20.7% increase from ¥1,052,909,208.35 in Q1 2022[21] - The company reported a total comprehensive income of ¥49,649,710.89 in Q1 2023, compared to a loss of ¥38,722,031.04 in Q1 2022[23] Earnings and Shareholder Returns - Basic and diluted earnings per share were both ¥0.07, with a weighted average return on equity of 1.72%[7] - Basic and diluted earnings per share for Q1 2023 were both ¥0.07, compared to a loss of ¥0.06 per share in Q1 2022[23] Cash Flow and Investments - The net cash flow from operating activities was $100.07 million, significantly up from $43.86 million in the same quarter last year, marking an increase of approximately 128.5%[26] - The total cash outflow from investing activities was $71.50 million, compared to $47.15 million in Q1 2022, indicating an increase of about 51.5%[26] - The net cash flow from investing activities was negative at ¥68,333,008.30, reflecting increased capital expenditures for fixed asset construction[12] - The cash flow statement for Q1 2023 indicates ongoing operational stability, with detailed figures to be reviewed in the full report[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,859,173,155.61, a decrease of 5.02% from the end of the previous year[7] - Total liabilities decreased from ¥4,281,829,095.58 in 2022 to ¥3,869,376,336.67 in Q1 2023[19] - Total equity increased from ¥2,940,147,108.05 in 2022 to ¥2,989,796,818.94 in Q1 2023[19] - As of March 31, 2023, the total current assets amounted to CNY 3,494,779,717.36, a decrease of 9.66% from CNY 3,869,058,374.07 on December 31, 2022[16] Receivables and Payables - Accounts receivable increased by 67.80% to ¥935,363,157.56, primarily due to increased sales revenue[11] - Accounts payable increased to CNY 870,882,957.17, up 27.69% from CNY 682,307,711.41[18] - Other payables rose to CNY 367,847,502.55, an increase of 16.83% from CNY 314,876,226.97[18] Expenses - Research and development expenses for Q1 2023 were ¥49,414,523.61, slightly down from ¥51,735,150.83 in Q1 2022[21] - Sales expenses increased to ¥39,045,649.81 in Q1 2023 from ¥30,647,888.17 in Q1 2022[21] Cash and Cash Equivalents - Cash and cash equivalents decreased to CNY 1,060,403,869.57 from CNY 1,448,601,949.93, representing a decline of 26.83%[16] - The cash and cash equivalents at the end of Q1 2023 stood at approximately $805.16 million, down from $828.22 million at the end of Q1 2022, a decrease of about 2.8%[27] - The company reported a net decrease in cash and cash equivalents of approximately $408.85 million in Q1 2023, compared to a decrease of $78.41 million in Q1 2022[27] Tax and Other Fees - The company reported a significant increase in tax and additional fees, which rose by 95.45% to ¥13,643,543.02, linked to higher export revenue[12] - The cash paid for taxes increased to $23.39 million from $13.17 million in the same quarter last year, an increase of approximately 77.5%[26] Other Observations - The company reported no significant new product launches or technological advancements during the quarter[16]