AVICHM(SH:600765)2023-04-26 16:00Financial Performance - The company achieved operating revenue of RMB 2,340,312,740.05, representing a year-on-year increase of 13.34%[4] - Net profit attributable to shareholders reached RMB 270,580,109.87, reflecting a growth of 30.13% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 30.64% to RMB 268,484,672.68[4] - Basic earnings per share were RMB 0.18, up 28.57% year-on-year[5] - The weighted average return on equity increased by 0.37 percentage points to 2.57%[5] - The net profit for Q1 2023 was approximately ¥286.61 million, an increase of 26.8% compared to ¥226.01 million in Q1 2022[21] - Operating profit reached ¥340.17 million, up 22.4% from ¥277.85 million in the same period last year[21] - Total revenue from operating activities was ¥1.13 billion, a significant increase of 43% from ¥793.43 million in Q1 2022[23] - The total comprehensive income for Q1 2023 was ¥286.61 million, an increase from ¥226.01 million in Q1 2022, marking a growth of 26.8%[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 22,163,889,124.29, a 5.06% increase from the end of the previous year[5] - The company's total assets as of March 31, 2023, amounted to ¥22,163,889,124.29, compared to ¥21,084,671,407.66 at the end of 2022, indicating a growth of 5.14%[18] - The total liabilities increased to ¥11,063,940,029.34 in Q1 2023 from ¥10,289,955,998.58 in Q1 2022, representing a rise of 7.52%[17] - The company's equity attributable to shareholders reached ¥10,680,263,363.72 in Q1 2023, up from ¥10,392,761,819.26 in Q1 2022, reflecting an increase of 2.77%[18] - The equity attributable to shareholders was RMB 10,680,263,363.72, showing a growth of 2.65% compared to the previous year[5] Cash Flow - The company reported a net cash flow from operating activities of RMB -515,873,077.26, indicating a significant cash outflow[5] - The company reported a net cash outflow from operating activities of ¥515.87 million, an improvement from a net outflow of ¥832.98 million in the previous year[25] - Cash and cash equivalents decreased to ¥5,212,566,453.34 in Q1 2023 from ¥5,734,802,047.23 in Q1 2022, a decline of 9.14%[15] - Cash and cash equivalents decreased by ¥512.12 million during the quarter, compared to a decrease of ¥1.07 billion in the same quarter last year[25] Costs and Expenses - The total operating costs for Q1 2023 were ¥1,920,501,586.29, up 12.36% from ¥1,708,724,416.37 in Q1 2022[19] - Research and development expenses increased significantly to ¥113,411,571.02 in Q1 2023, compared to ¥56,804,240.79 in Q1 2022, reflecting a growth of 99.36%[19] - Interest expenses for the quarter were ¥19.72 million, down from ¥23.36 million in Q1 2022, indicating a reduction of 15.5%[21] Market and Orders - The company experienced an increase in market orders and improved product delivery capabilities, contributing to revenue growth[9] - Accounts receivable rose to ¥5,528,948,724.10 in Q1 2023, up 44.39% from ¥3,834,925,423.48 in Q1 2022[16] - Inventory increased to ¥3,479,114,275.49 in Q1 2023, compared to ¥3,315,634,514.84 in Q1 2022, marking a growth of 4.94%[16] Non-Recurring Gains - Non-recurring gains included government subsidies amounting to RMB 2,413,580.70[7] - The company received ¥30 million in investment income during the quarter, compared to no income in the same period last year[25]