FARATRONIC(SH:600563)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥929,327,381.39, representing a year-on-year increase of 10.62%[3] - The net profit attributable to shareholders was ¥231,173,787.00, reflecting a growth of 13.10% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥229,939,752.85, which is an increase of 19.33% year-on-year[3] - Total operating revenue for Q1 2023 reached RMB 929,327,381.39, a 10.59% increase from RMB 840,129,840.25 in Q1 2022[15] - Net profit for Q1 2023 was RMB 231,264,828.86, representing an increase of 11.66% compared to RMB 207,076,892.51 in Q1 2022[16] - Basic earnings per share for Q1 2023 were RMB 1.03, up from RMB 0.91 in Q1 2022, reflecting a 13.19% increase[16] Cash Flow and Investments - The net cash flow from operating activities decreased significantly by 86.40%, amounting to ¥22,411,108.82[3][5] - Cash flow from operating activities generated RMB 22,411,108.82 in Q1 2023, a significant decrease from RMB 164,763,809.30 in Q1 2022[18] - The net cash flow from investment activities was -$227,372,723.54, compared to $385,384.16 in the previous period[19] - The total cash inflow from investment activities was RMB 53,720,494.14, a decrease from RMB 923,512,948.57 in the same quarter last year[18] - The net cash flow from financing activities was -$20,277.78, down from -$35,605.55 in the previous period[19] - The net increase in cash and cash equivalents was -$205,260,851.68, compared to an increase of $165,512,830.48 in the previous period[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,776,724,303.22, showing a slight increase of 1.87% from the end of the previous year[3] - Current assets totaled RMB 4,167,076,667.27, slightly down from RMB 4,192,063,332.75 at the end of 2022, indicating a decrease of about 0.60%[10] - Total liabilities decreased to RMB 1,405,125,938.79 from RMB 1,528,688,419.51, showing a decline of approximately 8.06%[13] - The non-current assets totaled RMB 1,609,647,635.95, up from RMB 1,478,422,506.79, indicating an increase of approximately 8.87%[12] - The company's equity attributable to shareholders increased by 5.63% to ¥4,310,003,414.61 compared to the end of last year[3] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,083[6] - The equity attributable to shareholders increased to RMB 4,310,003,414.61 from RMB 4,080,293,512.07, reflecting a growth of about 5.63%[13] Expenses and Other Income - Total operating costs increased to RMB 663,587,255.39, up 9.09% from RMB 608,282,137.26 in the same period last year[15] - Research and development expenses rose to RMB 33,891,374.07, an increase of 10.14% from RMB 30,789,365.19 in the previous year[15] - Other income increased to RMB 4,333,926.40, compared to RMB 1,569,269.03 in Q1 2022, marking a growth of 175.56%[15] - The company reported a decrease in tax expenses to RMB 34,800,634.93 from RMB 36,287,902.80 in Q1 2022, a reduction of 4.09%[15] - Investment income for Q1 2023 was RMB 3,670,240.86, down from RMB 12,253,155.08 in Q1 2022, indicating a decline of 70.05%[15] Changes in Cash and Cash Equivalents - Cash and cash equivalents were reported at RMB 1,243,026,529.27, down from RMB 1,368,287,380.95, representing a decline of approximately 9.13%[10] - The ending balance of cash and cash equivalents was $323,026,529.27, down from $951,562,594.52 in the previous period[19] - The beginning balance of cash and cash equivalents was $528,287,380.95, compared to $786,049,764.04 in the previous period[19] - The impact of exchange rate changes on cash and cash equivalents was -$278,959.18[19]