ACEG(SH:600502)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 16,165,293,896.12, representing an increase of 11.25% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 347,596,110.72, reflecting an increase of 11.35% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 371,881,811.36, showing a significant increase of 28.79% compared to the previous year[5]. - The basic earnings per share for the period was CNY 0.20, up by 11.11%[6]. - The company reported a net profit margin of approximately 3.24% for Q1 2023, compared to 2.72% in Q1 2022[17]. - The net profit for Q1 2023 was CNY 437,190,028.38, an increase of 9.7% compared to CNY 400,079,967.17 in Q1 2022[18]. - The total comprehensive income for Q1 2023 was CNY 424,572,865.77, compared to CNY 414,869,553.52 in the same period last year, reflecting a growth of 2.7%[19]. - Basic and diluted earnings per share for Q1 2023 were both CNY 0.20, up from CNY 0.18 in Q1 2022, indicating an increase of 11.1%[19]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 148,829,235,023.01, a slight decrease of 0.16% from the end of the previous year[6]. - The company's total assets amounted to ¥148,829,235,023.01, slightly down from ¥149,062,014,839.82 in the previous year[16]. - Total liabilities decreased to ¥125,722,414,189.38 from ¥126,079,728,316.60, indicating a reduction of 0.28%[15]. - The equity attributable to shareholders was ¥13,049,565,695.84, a slight decrease from ¥13,055,413,289.22 in the previous year[16]. - Contract liabilities increased significantly to ¥14,748,091,410.33 from ¥11,385,516,210.53, representing a growth of 29.00%[15]. - Short-term borrowings rose to ¥12,466,938,864.29, compared to ¥11,967,466,825.88 in the previous year, an increase of 4.18%[15]. Cash Flow - The net cash flow from operating activities was negative at CNY -1,564,695,564.96, attributed to reduced cash outflow from PPP projects[6][7]. - Cash inflows from operating activities totaled CNY 25,045,753,863.49, a significant increase of 31.6% from CNY 19,034,222,892.31 in Q1 2022[20]. - The net cash flow from operating activities was negative at CNY -1,564,695,564.96, an improvement from CNY -4,078,055,336.25 in the previous year[21]. - Cash outflows from investing activities amounted to CNY 633,623,262.22, compared to CNY 410,482,178.22 in Q1 2022, representing a 54.3% increase[21]. - The net cash flow from financing activities was CNY 2,112,297,104.06, down from CNY 3,061,666,818.73 in Q1 2022, indicating a decrease of 30.9%[21]. - The company reported a cash and cash equivalents balance of CNY 12,730,673,639.64 at the beginning of the period, compared to CNY 9,969,032,899.20 at the same time last year[21]. - The company experienced a foreign exchange impact of CNY 281,313.10 on cash and cash equivalents during the quarter[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 88,096[10]. - The largest shareholder, Anhui Construction Group Co., Ltd., held 32.14% of the shares, totaling 551,638,784 shares[10]. Operating Costs and Expenses - Total operating costs for Q1 2023 were ¥15,641,397,180.89, up from ¥14,135,748,163.12 in Q1 2022, reflecting a growth of 10.65%[17]. - Research and development expenses increased to ¥197,171,816.48 in Q1 2023, compared to ¥189,248,531.08 in Q1 2022, marking a rise of 4.88%[17]. - The total inventory as of Q1 2023 was ¥18,158,459,816.85, showing an increase from ¥17,892,069,602.69 in the previous year[14]. - The company reported non-recurring gains and losses totaling CNY -24,285,700.64 for the period[6].