CRHIC(SH:600528)2023-04-28 16:00Financial Performance - In Q1 2023, the company's operating revenue reached CNY 7,435,215,632.59, representing a year-on-year increase of 4.52%[25] - The net profit attributable to shareholders was CNY 524,827,721.47, with a growth of 4.24% compared to the same period last year[25] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 514,942,492.97, reflecting a 5.83% increase year-on-year[25] - The company reported a basic earnings per share of CNY 0.24, reflecting a significant increase of 14.29% year-on-year[25] - The net profit attributable to shareholders for Q1 2023 was ¥524,827,721.47, an increase from ¥503,469,835.19 in Q1 2022, representing a growth of approximately 4.5%[37] - The total comprehensive income for Q1 2023 was ¥534,570,049.80, compared to ¥474,813,280.11 in Q1 2022, indicating an increase of about 12.6%[37] - Basic earnings per share for Q1 2023 was ¥0.24, up from ¥0.21 in Q1 2022, reflecting a growth of approximately 14.3%[37] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 54,112,279,427.71, a 1.13% increase from the end of the previous year[26] - The equity attributable to shareholders of the listed company was CNY 24,456,310,636.68, up 2.22% from the previous year-end[26] - The total assets as of Q1 2023 were ¥54,112,279,427.71, up from ¥53,507,835,018.01 in the previous year, indicating a growth of about 1.1%[52] - The total liabilities as of Q1 2023 amounted to ¥29,036,252,046.36, slightly up from ¥28,966,711,042.59 in the previous year[52] - Current liabilities amounted to RMB 28,305,437,413.45 as of March 31, 2023, slightly up from RMB 28,261,035,774.60 at the end of 2022, indicating a marginal increase of about 0.16%[34] Cash Flow - The cash flow from operating activities showed a net outflow of CNY -1,630,904,337.82, indicating a decrease in cash flow compared to the previous year[25] - Cash and cash equivalents as of March 31, 2023, were RMB 6,225,393,294.81, down from RMB 7,621,265,248.12 as of December 31, 2022, reflecting a decrease of approximately 18.36%[32] - The company reported a significant decrease in cash and cash equivalents, with a net decrease of -$1,391,338,624.70 during the period[57] - The cash inflow from the disposal of fixed assets and other long-term assets was $441,192,110.00, while cash outflow for the acquisition of fixed assets was $98,313,907.39[57] - The cash flow from operating activities was not detailed in the provided data, indicating a focus on investment and financing activities[57] Contracts and Business Segments - The company signed new contracts totaling CNY 1,246,304,000 in Q1 2023, with a year-on-year increase of 1.89%[3] - The specialized engineering machinery and related services business contributed CNY 418,111,000, accounting for 33.55% of new contracts signed[3] - The transportation equipment and related services business generated CNY 748,755,000, which is a decrease of 6.40% compared to the previous year[3] Research and Development - Research and development expenses for Q1 2023 were ¥275,863,630.72, compared to ¥257,577,911.71 in Q1 2022, showing an increase of approximately 7.1%[54]