DS(SH:600694)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,273,643,713.35, a decrease of 2.43% compared to CNY 2,203,339,322.34 in the same period last year[3]. - Net profit attributable to shareholders was CNY 214,207,456.37, down 14.42% from CNY 234,071,399.94 year-on-year[3]. - Basic earnings per share decreased by 14.77% to CNY 0.75 from CNY 0.82 in the same period last year[3]. - Total revenue for Q1 2023 was approximately ¥2.27 billion, a decrease of 2.43% compared to ¥2.33 billion in Q1 2022[14]. - Net profit for Q1 2023 was approximately ¥236.67 million, a decrease of 12.06% from ¥269.18 million in Q1 2022[15]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.75, down from ¥0.88 in Q1 2022[16]. - The company’s total operating profit for Q1 2023 was approximately ¥322.62 million, down from ¥363.35 million in Q1 2022[15]. Cash Flow - The net cash flow from operating activities increased significantly by 218.68%, reaching CNY 749,428,041.88 compared to CNY 213,860,402.24 in the previous year[3]. - Cash flow from operating activities for Q1 2023 was approximately ¥749.43 million, an increase from ¥235.17 million in Q1 2022[20]. - The company reported a net cash increase of approximately ¥286.79 million in Q1 2023, compared to ¥232.03 million in Q1 2022[20]. - The company’s total cash inflow from operating activities was significantly higher than cash outflows, leading to a positive cash flow situation[25]. - The company’s cash flow from financing activities was negative at CNY -30,838,321.42, compared to CNY -17,226,184.17 in Q1 2022, indicating increased cash outflows related to financing[26]. - The company’s financial performance in Q1 2023 demonstrates strong operational cash generation capabilities, despite challenges in investment and financing activities[25][26]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 18,564,870,616.11, reflecting a 2.31% increase from CNY 19,703,787,088.11 at the end of the previous year[4]. - The total liabilities as of March 31, 2023, were ¥10,083,197,377.93, compared to ¥9,876,357,633.29 at the end of 2022, indicating an increase of about 2.1%[11]. - Total assets reached ¥18,564,870,616.11 as of March 31, 2023, up from ¥18,146,443,611.15 at the end of 2022, representing a growth of approximately 2.3%[10]. - Total liabilities rose to CNY 7,624,651,519.01, compared to CNY 6,839,094,399.82 at the end of 2022, marking an increase of approximately 11.5%[22]. - Current assets totaled CNY 9,868,831,671.36, up from CNY 9,116,850,454.99, indicating a growth of about 8.3%[21]. Equity - Shareholders' equity attributable to the parent company was CNY 8,238,575,620.23, up 2.67% from CNY 9,069,722,317.87 at the end of the previous year[4]. - The total equity attributable to shareholders increased to ¥8,238,575,620.23 from ¥8,024,368,163.86, indicating a growth of approximately 2.7%[11]. - The total equity increased to CNY 7,805,195,348.61 from CNY 7,749,565,647.91, showing a slight growth of 0.7%[23]. Investments and Strategic Plans - The company plans to continue expanding its market presence through acquisitions and strategic investments, as evidenced by the acquisition of subsidiaries from its parent company[4]. - The company increased its investment in financial products, resulting in a 26.86% rise in trading financial assets[6]. - The investment income for Q1 2023 was CNY 28,323,172.93, up from CNY 23,666,347.59 in Q1 2022, reflecting a growth of approximately 19.5%[24]. Inventory and Receivables - The inventory decreased slightly to ¥4,411,182,011.41 from ¥4,435,644,753.52, showing a decline of about 0.6%[9]. - The accounts receivable rose to ¥269,411,618.97 from ¥250,954,311.47, reflecting an increase of approximately 7.4%[9]. - The company's inventory decreased to CNY 514,843,755.25 from CNY 525,322,410.65, a decline of about 2.8%[21].