2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 8,520,170,580.48, representing a 106.25% increase compared to CNY 4,131,020,444.53 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was CNY 2,433,770,742.35, a 62.24% increase from CNY 1,500,080,164.17 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,852,525,794.60, reflecting an 84.15% increase from CNY 1,005,961,344.63 year-on-year[4] - The basic and diluted earnings per share for Q1 2023 were both CNY 0.19, up 72.73% from CNY 0.11 in the same quarter last year[6] - The company reported a significant increase in investment income, amounting to CNY 2,078,916,517.40, compared to a loss of CNY 1,510,558,720.15 in the same period last year[9] - The net income from commission and fees was CNY 2,312,637,342.47, down 38.39% from CNY 3,753,639,789.69 in Q1 2022, primarily due to a decrease in investment banking and brokerage fees[9] - The company experienced a 225.26% increase in other business income, reaching CNY 2,325,735,046.45, driven by increased sales from subsidiaries[9] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 377,112,384.85, a decrease of 186.46% compared to a positive cash flow of CNY 436,192,762.78 in Q1 2022[6] - In Q1 2023, the net cash flow from operating activities was CNY 21,509,639.95, a significant decrease from CNY 3,271,399,892.96 in Q1 2022[24] - Total cash inflow from operating activities was 18,158,874,077.66 RMB, down 49.5% from 35,942,804,668.56 RMB in the same period last year[17] - The company reported a significant decrease in cash received from interest, fees, and commissions, totaling 5,574,794,257.10 RMB, down from 9,037,294,922.82 RMB in Q1 2022[17] - Cash inflow from financing activities increased to 67,181,466,766.47 RMB, compared to 61,050,035,238.96 RMB in Q1 2022, marking a growth of 10.5%[18] - The net cash flow from financing activities was CNY 5,934,028,039.84, compared to CNY 10,004,010,176.03 in the previous year[25] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 775,362,254,395.86, an increase of 2.89% from CNY 753,607,577,129.57 at the end of the previous year[6] - Total liabilities amounted to ¥593,975,447,570.07 as of Q1 2023, compared to ¥575,987,247,342.03 in the previous year, an increase of 3.4%[15] - The total assets as of March 31, 2023, were 494,762,214,390.60 RMB, an increase from 472,005,690,924.86 RMB at the end of 2022[19] - The total liabilities increased to 307,000,000,000 RMB, reflecting a rise from the previous year[19] - The company's total assets reached CNY 494,762,214,390.60 in Q1 2023, up from CNY 472,005,690,924.86 in Q1 2022, representing an increase of approximately 5.7%[20] Equity and Investments - Shareholders' equity attributable to the parent company was CNY 167,459,752,440.29, up 1.74% from CNY 164,591,956,430.25 at the end of the previous year[6] - The company reported a significant increase in buy-back financial assets, which rose to CNY 42.62 billion from CNY 32.65 billion, marking an increase of approximately 30.5%[13] - The total equity investments increased to CNY 7.18 billion from CNY 7.01 billion, showing a growth of about 2.4%[13] - The company's financial assets held for trading increased to 149,109,894,637.79 RMB, up from 139,953,515,347.47 RMB at the end of 2022[19] Operating Expenses - The company reported a total operating expense of ¥5,247,742,480.11 in Q1 2023, compared to ¥2,541,933,621.31 in Q1 2022, an increase of 106.9%[15] - The total operating expenses for Q1 2023 were CNY 1,619,907,674.62, compared to CNY 733,231,747.70 in Q1 2022, reflecting an increase of about 120%[21]