SZNH(SH:600736)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,935,121,118.52, representing a 209.18% increase compared to CNY 920,377,281.88 in the same period last year[3] - Net profit attributable to shareholders was CNY 101,884,918.38, a 126.32% increase from CNY 49,358,394.16 year-over-year[3] - Basic earnings per share increased to CNY 0.06, up 500.00% from CNY 0.02 in the previous year[4] - Operating profit for Q1 2023 was ¥236,659,561.34, up from ¥34,940,110.34 in Q1 2022, reflecting a growth of approximately 576.5%[23] - Net profit for Q1 2023 totaled ¥255,260,884.30, compared to ¥43,842,079.69 in Q1 2022, marking an increase of around 482.5%[23] - The net profit for Q1 2023 was CNY 178,333,875, a significant increase from CNY 3,408,752 in Q1 2022, representing a growth of approximately 5,128%[25] - The net profit attributable to shareholders of the parent company was CNY 101,884,918.38, compared to CNY 45,017,755.68 in the same period last year, marking a growth of 126%[25] - Total comprehensive income for Q1 2023 reached CNY 248,729,401.43, up from CNY 13,871,809.55 in Q1 2022, indicating a growth of 1,692%[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 66,365,586,754.06, a 2.24% increase from CNY 64,909,101,187.17 at the end of the previous year[4] - Total liabilities for Q1 2023 were ¥49,628,526,601.90, compared to ¥48,212,729,836.54 in Q1 2022, indicating an increase of approximately 2.9%[20] - Non-current liabilities increased to ¥30,972,960,229.95 in Q1 2023 from ¥28,134,638,337.40 in Q1 2022, representing a growth of about 10.0%[20] - Current liabilities decreased to ¥18,655,566,371.95 in Q1 2023 from ¥20,078,091,499.14 in Q1 2022, reflecting a decline of approximately 7.1%[20] - Total assets as of Q1 2023 amounted to ¥66,365,586,754.06, up from ¥64,909,101,187.17 in the previous year, showing a growth of about 2.2%[20] - Total liabilities rose to ¥24,493,073,550.72 in Q1 2023, compared to ¥22,650,453,426.05 in Q1 2022, marking an increase of about 8.1%[31] - The company's total equity decreased to ¥6,702,805,679.13 in Q1 2023 from ¥6,998,960,448.38 in Q1 2022, a decline of approximately 4.2%[31] Cash Flow - The company reported a net cash flow from operating activities of CNY -887,909,363.90, compared to CNY -4,572,712,685.25 in the same period last year[3] - Cash inflow from operating activities totaled CNY 1,965,204,045.10, slightly up from CNY 1,958,310,142.52 in Q1 2022[27] - Cash outflow from operating activities was CNY 2,853,113,409.00, down from CNY 6,690,620,105.37 in the previous year, showing a reduction of 57%[27] - The net cash flow from operating activities was negative at CNY -887,909,363.90, an improvement from CNY -4,732,309,962.85 in Q1 2022[27] - Cash flow from operating activities in Q1 2023 was ¥9,677,622,233.42, down from ¥17,198,713,462.83 in Q1 2022, indicating a decrease of about 43.7%[34] - The net cash flow from investment activities improved to approximately ¥234.42 million, a recovery from a negative cash flow of ¥3.56 billion in Q1 2022[35] - The company reported a cash inflow from financing activities of CNY 7,485,911,073.50, down from CNY 8,522,857,109.00 in Q1 2022[28] - The net cash flow from financing activities was approximately ¥265.08 million, a decline from ¥2.81 billion in the previous year, suggesting tighter financing conditions[35] Revenue Growth - The company experienced significant revenue growth due to the cyclical impact of real estate project handovers[8] - In Q1 2023, the company achieved a total sales area of 60,100 square meters, representing a year-on-year increase of 95.77%, with sales revenue reaching 1.354 billion RMB, up 108.95%[16] - The company signed contracts worth 123 million RMB for Dongling Vibration, with a year-on-year growth of 20% in signed orders due to increased downstream demand[13] - The company’s tourism business generated revenue of 64.64 million RMB in Q1 2023, a year-on-year increase of 77.81%, with total visitors reaching 635,400, 3.12 times that of the same period last year[17] Investments and Partnerships - The company participated in investments in several high-quality enterprises, including a 50 million RMB investment in Helin Micro-Nano, which yielded a return of 35.80% upon full divestment[15] - The company established a strategic partnership with Goodway to create a green low-carbon digital technology company, focusing on smart energy solutions[13] - The company launched 18 new product projects in Q1 2023, including the world's largest thrust vibration table, which is now ready for market[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 63,817[9] - The largest shareholder, Suzhou High-tech Group Co., Ltd., holds 43.79% of the shares[9]