Hundsun(SH:600570)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,129,631,187.52, representing a year-on-year increase of 16.05%[6]. - The net profit attributable to shareholders was CNY 222,065,842.87, with a significant increase in net profit excluding non-recurring gains and losses of 386.09% to CNY 74,746,441.06[6][9]. - The basic and diluted earnings per share for the period were both CNY 0.12, with a return on equity of 3.21%, an increase of 3.93 percentage points compared to the previous year[7]. - Total operating revenue for Q1 2023 reached ¥1,129,631,187.52, an increase of 16.06% compared to ¥973,430,594.24 in Q1 2022[20]. - Net profit for Q1 2023 was ¥223,609,353.89, a significant recovery from a net loss of ¥49,070,528.64 in Q1 2022[21]. - Earnings per share for Q1 2023 were ¥0.12, compared to a loss of ¥0.02 per share in Q1 2022[22]. - The company reported a total comprehensive income of ¥207,817,727.48 for Q1 2023, compared to a loss of ¥61,078,394.23 in Q1 2022[22]. Cash Flow - The company reported a net cash flow from operating activities of -CNY 1,022,306,805.29, indicating a cash outflow during the quarter[6]. - Cash flow from operating activities in Q1 2023 was ¥879,407,609.37, an increase from ¥624,902,062.16 in Q1 2022[24]. - The net cash flow from operating activities was -1,022,306,805.29 RMB, compared to -1,072,701,705.21 RMB in the previous year, indicating a slight improvement[25]. - Total cash inflow from investment activities was 318,755,177.26 RMB, down from 1,759,185,308.27 RMB year-over-year[25]. - The net cash flow from financing activities was 31,751,618.96 RMB, a significant recovery from -15,616,217.05 RMB in the previous year[26]. - The company reported a total operating cash inflow of 978,649,769.45 RMB, an increase from 651,758,590.40 RMB year-over-year[25]. - Cash outflows for operating activities totaled 2,000,956,574.74 RMB, compared to 1,724,460,295.61 RMB in the previous year[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,283,308,606.50, down 5.55% from the end of the previous year[7]. - The company's total current assets as of March 31, 2023, amount to ¥4,878,704,657.87, a decrease from ¥5,953,544,003.19 as of December 31, 2022[17]. - The total liabilities amount to ¥4,553,038,671.99, compared to ¥5,530,117,083.95 in the previous year[18]. - The total assets of the company are ¥12,283,308,606.50, down from ¥13,004,578,298.67 in the previous year[17]. - The total liabilities and equity decreased to ¥12,283,308,606.50 in Q1 2023 from ¥13,004,578,298.67 in Q1 2022[19]. - Total liabilities amounted to approximately ¥5.53 billion, with current liabilities at ¥5.25 billion and non-current liabilities at ¥284.87 million[30]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 72,003[13]. - The largest shareholder, Hangzhou Hengsheng Electronic Group Co., Ltd., holds 393,743,087 shares, accounting for 20.72% of total shares[13]. - The total equity attributable to shareholders increased to ¥7,053,046,526.25 in Q1 2023 from ¥6,811,761,050.50 in Q1 2022[19]. - The total owner's equity, including minority interests, was approximately ¥7.47 billion[31]. Operational Insights - The company is focusing on continuous adjustments and optimizations in its organizational structure and key business areas to enhance responsiveness to customer needs and product innovation[10][11]. - The company received government subsidies amounting to CNY 3,182,792.05, which are closely related to its normal business operations[7]. - The company has restructured its reporting categories, including a new segment for "Data Services" and "Innovative Business"[13]. - Research and development expenses for Q1 2023 totaled ¥540,674,188.06, up from ¥502,120,116.27 in Q1 2022, indicating a focus on innovation[20].