CORUN(SH:600478)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥888,328,633.01, representing a year-on-year increase of 64.17%[5] - The net profit attributable to shareholders decreased by 7.09% to ¥29,337,665.99[5] - The net profit after deducting non-recurring gains and losses increased by 8.91% to ¥25,826,495.28[5] - Basic earnings per share for the period was ¥0.018, down by 6.77%[6] - The company's net profit for Q1 2023 was CNY 16,022,956.89, a decrease from CNY 22,175,533.14 in Q1 2022, representing a decline of approximately 27.8%[19] - Operating profit for Q1 2023 was CNY 17,679,762.19, down from CNY 30,300,693.66 in the same period last year, indicating a decrease of about 41.9%[19] - The company reported a total comprehensive income of CNY 11,505,549.25 for Q1 2023, compared to CNY 8,952,019.57 in Q1 2022, which is an increase of approximately 28.1%[20] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.018, slightly down from CNY 0.019 in Q1 2022[20] - The company recorded investment income of CNY 22,868,495.84 in Q1 2023, compared to CNY 38,601,900.90 in Q1 2022, representing a decrease of about 40.8%[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥255,119,217.93, a decrease of 272.54% compared to the previous year[5][10] - Cash flow from operating activities showed a net outflow of CNY 255,119,217.93 in Q1 2023, contrasting with a net inflow of CNY 147,863,359.14 in Q1 2022[23] - The company's cash and cash equivalents as of March 31, 2023, amounted to RMB 1,478,731,117.17, up from RMB 1,153,215,723.28 at the end of 2022, reflecting a growth of approximately 28.2%[15] - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 1,030,300,117.17, up from CNY 810,949,499.50 at the end of Q1 2022, marking an increase of about 27.1%[24] - The net cash flow from financing activities for Q1 2023 was CNY 717,863,798.44, a substantial increase from CNY 4,060,812.63 in Q1 2022, reflecting a growth of over 17,600%[24] - Cash inflow from investment activities was CNY 194,844,789.41 in Q1 2023, significantly higher than CNY 78,659,478.49 in Q1 2022, indicating an increase of approximately 147%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,679,082,010.79, an increase of 8.80% from the end of the previous year[6] - Total assets as of March 31, 2023, were RMB 8,679,082,010.79, compared to RMB 7,976,869,371.42 at the end of 2022, reflecting a growth of approximately 8.8%[18] - The company's total liabilities increased to RMB 5,320,514,054.85 as of March 31, 2023, from RMB 4,629,806,964.73 at the end of 2022, indicating an increase of about 14.9%[17] Operational Metrics - The increase in operating revenue was primarily due to higher sales of trade, consumer batteries, and lithium battery materials[10] - Total operating revenue for Q1 2023 reached RMB 888,328,633.01, a significant increase from RMB 541,106,326.98 in Q1 2022, representing a growth of approximately 64.2%[18] - Total operating costs for Q1 2023 were RMB 899,823,514.82, compared to RMB 566,750,305.97 in Q1 2022, indicating an increase of about 58.7%[18] - Total revenue from operating activities increased to CNY 881,982,834.17 in Q1 2023, compared to CNY 629,444,531.26 in Q1 2022, reflecting a growth of approximately 40%[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 68,728[11]