金龙汽车(600686) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 3,746,395,247.75, representing a year-on-year increase of 27.78%[3] - The net profit attributable to shareholders of the listed company was CNY 10,673,284.46, reflecting a significant increase of 175.32% compared to the same period last year[3] - The total operating revenue for Q1 2023 was CNY 3,746,395,247.75, a 27.8% increase from CNY 2,931,979,294.76 in Q1 2022[14] - The total operating costs for Q1 2023 were CNY 3,800,220,294.58, compared to CNY 2,939,388,022.04 in the same period last year, reflecting a 29.3% increase[14] - The net profit for Q1 2023 was CNY 19,807,448.34, up from CNY 10,859,973.68 in Q1 2022, representing an 82.9% increase[15] - The profit attributable to shareholders of the parent company was CNY 10,673,284.46, compared to CNY 3,876,643.33 in the previous year, marking a 174.5% increase[15] - The total comprehensive income for Q1 2023 was CNY 20,275,102.24, compared to CNY 11,699,438.28 in the same period last year, indicating a 73.5% increase[15] Cash Flow - The net cash flow from operating activities was negative at CNY -168,471,904.34, indicating a decrease in cash generated from operations[3] - The company experienced a 41.56% increase in net cash flow from operating activities, driven by higher cash receipts from sales[7] - In Q1 2023, the cash inflow from operating activities totaled approximately ¥4.97 billion, an increase of 13.8% compared to ¥4.37 billion in Q1 2022[18] - The net cash outflow from operating activities was approximately -¥168.47 million, an improvement from -¥288.27 million in the same period last year[18] - Cash inflow from investment activities was approximately ¥580.61 million, down from ¥668.41 million in Q1 2022, reflecting a decrease of 13.1%[19] - The net cash outflow from investment activities was approximately -¥78.79 million, significantly improved from -¥1.01 billion in Q1 2022[19] - Cash inflow from financing activities reached approximately ¥1.25 billion, a substantial increase from ¥226.51 million in Q1 2022[19] - The net cash flow from financing activities was approximately ¥395.58 million, compared to ¥151.85 million in the previous year, indicating a growth of 160.5%[19] - The company experienced a net increase in cash and cash equivalents of approximately ¥160.15 million in Q1 2023, contrasting with a net decrease of -¥1.15 billion in Q1 2022[19] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to CNY 28,025,261,294.25, a slight increase of 0.97% from the end of the previous year[4] - The company's equity attributable to shareholders was CNY 3,571,963,258.23, showing a marginal increase of 0.09% compared to the previous year-end[4] - Current assets reached RMB 20,297,448,767.58, up from RMB 19,822,944,341.78, indicating an increase of about 2.39%[12] - The total liabilities as of Q1 2023 amounted to CNY 23,534,853,564.05, slightly up from CNY 23,278,052,457.58 in the previous year[13] - The total equity attributable to shareholders of the parent company was CNY 3,571,963,258.23, compared to CNY 3,568,651,626.27 in Q1 2022, showing a marginal increase[13] Inventory and Expenses - The company's inventory increased by 34.47%, attributed to a rise in both finished goods and raw materials[7] - The company's financial expenses decreased by 109.68%, mainly due to an increase in exchange gains during the period[7] - Research and development expenses for Q1 2023 were CNY 141,252,978.57, an increase from CNY 128,853,530.52 in Q1 2022[14] - The company reported a financial expense of CNY -1,907,772.00 in Q1 2023, a significant improvement compared to CNY 19,715,415.70 in Q1 2022[14] Other Information - Non-recurring gains and losses totaled CNY 55,288,845.10, primarily driven by gains from the disposal of non-current assets and government subsidies[6] - The company has not disclosed any new product developments or market expansion strategies in the current report[11] - The basic earnings per share for Q1 2023 was CNY -0.02, compared to CNY -0.004 in Q1 2022[15] - The company reported a significant increase in prepayments, which totaled RMB 334,484,562.16 compared to RMB 539,870,554.27, a decrease of approximately 38.1%[12] - Long-term receivables decreased to RMB 700,022,752.82 from RMB 1,087,034,359.41, reflecting a decline of about 35.7%[12] - The company maintained a stable level of goodwill at RMB 89,647,978.61, unchanged from the previous period[12]