CCEG(SH:600697)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,939,854,315.15, representing a 1.10% increase compared to CNY 1,918,680,826.45 in the same period last year[2]. - Net profit attributable to shareholders was CNY 9,547,699.66, a significant increase of 30.57% from CNY 3,395,626.02 year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 7,167,265.74, up 112.35% from a loss of CNY 541,187.19 in the previous year[2]. - Basic earnings per share (EPS) was CNY 0.06, a 20.00% increase from CNY 0.02 in the previous year[2]. - Operating profit for Q1 2023 was ¥61,665,961.81, an increase of 14.0% from ¥53,792,832.62 in Q1 2022[14]. - The company reported a gross profit margin of approximately 19.2% for Q1 2023, compared to 12.5% in Q1 2022[21]. Cash Flow - The net cash flow from operating activities reached CNY 554,580,893.18, marking an impressive increase of 855.31% compared to CNY 58,052,444.30 in the same quarter last year[2]. - Cash flow from operating activities for Q1 2023 was ¥554,580,893.18, significantly higher than ¥58,052,444.30 in Q1 2022[17]. - In Q1 2023, the company's net cash flow from operating activities was ¥155,907,998.51, a decrease of 59.0% compared to ¥380,457,058.28 in Q1 2022[23]. - The net cash flow from investing activities was -¥29,836,282.95, an improvement from -¥93,551,124.77 in Q1 2022[23]. - The net cash flow from financing activities was -¥100,798,002.31, compared to a positive net flow of ¥193,332,537.67 in the previous year[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 21,574,184,863.81, a slight increase of 0.17% from CNY 21,284,012,920.82 at the end of the previous year[3]. - The total assets as of March 31, 2023, amounted to CNY 12,762,924,701.20, compared to CNY 12,682,345,144.33 at the end of 2022[19]. - The total liabilities stood at CNY 17,176,599,690.84, showing a marginal decrease from CNY 17,178,264,164.78 in the previous year[13]. - The total liabilities increased to CNY 10,909,533,309.28 from CNY 10,805,488,925.44 at the end of 2022[19]. - The company's total equity increased to CNY 4,397,585,172.97 from CNY 4,359,410,142.52, representing a growth of approximately 0.88%[13]. - The company's total equity as of March 31, 2023, was CNY 1,853,391,391.92, down from CNY 1,876,856,218.89 at the end of 2022[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,931[8]. - The largest shareholder, Changchun Automotive City Commercial Co., Ltd., held 39,013,891 shares, accounting for 24.52% of the total shares[9]. Government Support - The company received government subsidies and tax benefits amounting to CNY 3,918,271.75 during the quarter, contributing to the increase in net profit[6]. Inventory and Receivables - Accounts receivable dropped significantly to CNY 32,529,687.06 from CNY 83,375,865.46, a decrease of approximately 60.9%[12]. - Inventory increased to CNY 2,815,892,643.15 from CNY 2,696,834,073.78, reflecting a growth of about 4.4%[12].