SCIE(600546)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 10,648,152,708.39, a decrease of 1.09% compared to the previous year[4] - Net profit attributable to shareholders was CNY 1,686,163,291.98, reflecting a 2.00% increase year-on-year[4] - Basic and diluted earnings per share were both CNY 0.85, up 2.41% from the same period last year[5] - Total operating revenue for Q1 2023 was CNY 10,648,152,708.39, a decrease of 1.09% from CNY 10,765,401,599.03 in Q1 2022[18] - Net profit for Q1 2023 reached CNY 2,745,913,989.06, an increase of 6.97% compared to CNY 2,567,174,680.06 in Q1 2022[20] - Earnings per share for Q1 2023 was CNY 0.85, up from CNY 0.83 in Q1 2022[20] - Total equity increased to CNY 21,680,310,938.21 in Q1 2023 from CNY 18,718,314,861.46 in Q1 2022, reflecting a growth of 15.66%[18] Cash Flow and Assets - The net cash flow from operating activities decreased by 33.81% to CNY 1,264,090,834.04[5] - In Q1 2023, the cash inflow from operating activities was CNY 11,317,376,553.76, a decrease of 15.5% compared to CNY 13,370,288,265.92 in Q1 2022[21] - The net cash flow from operating activities was CNY 1,264,090,834.04, down 33.7% from CNY 1,909,655,346.49 in the same period last year[21] - Cash outflow for purchasing goods and services was CNY 5,807,425,322.57, a decrease of 19.8% from CNY 7,249,525,202.13 in Q1 2022[21] - The total cash and cash equivalents at the end of Q1 2023 were CNY 9,979,087,291.62, compared to CNY 10,217,635,421.42 at the end of Q1 2022, showing a decrease of 2.3%[22] - The company's total assets amounted to CNY 46,226,880,206.20 in Q1 2023, compared to CNY 45,276,177,746.72 in Q1 2022, showing an increase of 2.10%[18] Liabilities and Equity - Total liabilities decreased to CNY 24,546,569,267.99 in Q1 2023 from CNY 26,557,862,885.26 in Q1 2022, a reduction of 7.56%[18] - The company's equity attributable to shareholders was CNY 15,013,414,050.01, slightly down from CNY 15,061,519,785.23[26] - The total equity of the company stood at CNY 18,718,314,861.46, a decrease from CNY 18,796,724,766.48[26] - The minority interest in equity increased to CNY 4,844,665,849.29 in Q1 2023 from CNY 3,704,900,811.45 in Q1 2022, a growth of 30.77%[18] Asset Management - Total assets at the end of the reporting period were CNY 46,226,880,206.20, representing a 2.10% increase from the end of the previous year[5] - The company experienced a significant decrease in accounts receivable by 57.55% and accounts receivable financing by 52.46% during the reporting period[9] - The company's current assets reached RMB 14.99 billion, compared to RMB 14.20 billion at the end of 2022, indicating an increase of about 5.5%[15] - Cash and cash equivalents stood at RMB 11.27 billion, up from RMB 10.26 billion at the end of 2022, representing a growth of approximately 9.9%[15] - Accounts receivable decreased to RMB 1.21 billion from RMB 1.41 billion, a decline of about 14.1%[15] - Inventory levels dropped to RMB 783.99 million from RMB 1.02 billion, a decrease of approximately 23.0%[15] Future Outlook - The company plans to continue expanding its market presence and developing new technologies in the upcoming quarters[6] - The company has adopted new accounting standards starting January 1, 2023, which may impact the financial reporting and asset recognition[23]