LJRB(SH:600853)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,892,468,105.20, representing a year-on-year increase of 10.90%[6] - The net profit attributable to shareholders for Q1 2023 was CNY 5,034,960.77, reflecting a growth of 16.61% compared to the same period last year[6] - The basic earnings per share for Q1 2023 was CNY 0.005, which is an increase of 16.28% year-on-year[7] - Total revenue for Q1 2023 reached ¥1,892,468,105.20, an increase of 10.9% compared to ¥1,706,412,840.10 in Q1 2022[19] - Net profit for Q1 2023 was ¥10,213,091.21, a significant increase of 23.9% from ¥8,245,665.37 in Q1 2022[20] - Earnings per share for Q1 2023 were ¥0.0050, compared to ¥0.0043 in Q1 2022, representing a growth of 16.3%[21] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to CNY 31,598,061,058.08, a decrease of 2.73% from the end of the previous year[7] - The company's total liabilities as of Q1 2023 amounted to ¥27,280,864,943.62, a decrease from ¥27,974,499,697.37 in the previous year[19] - The total assets as of Q1 2023 were ¥31,598,061,058.08, down from ¥32,484,808,601.67 in the previous year[19] - The company's total liabilities and shareholders' equity amounted to CNY 18,337,588,703.85, reflecting a slight decrease from CNY 18,402,979,228.56 in the previous year[27] Cash Flow - Cash flow from operating activities for Q1 2023 was negative at CNY -2,492,021,306.03, indicating a significant cash outflow[6] - Cash inflow from operating activities for Q1 2023 was CNY 2,778,316,392.55, an increase of 14.93% from CNY 2,417,133,813.87 in Q1 2022[22] - Cash outflow from operating activities for Q1 2023 was CNY 5,270,337,698.58, up from CNY 4,807,257,281.51 in Q1 2022, resulting in a net cash flow from operating activities of -CNY 2,492,021,306.03[23] - The company reported a net cash flow from financing activities of CNY 191,108,830.76 in Q1 2023, a significant decrease from CNY 1,919,213,578.10 in Q1 2022[23] Inventory and Expenses - The company's inventory increased by 57.91% compared to the end of the previous year, primarily due to increased cash payments for construction materials[8] - The company reported a 76.96% increase in selling expenses, driven by increased participation in bidding projects this year[8] - Research and development expenses decreased by 60.59% year-on-year, attributed to fewer ongoing projects in Q1 2023 compared to the previous year[8] - Research and development expenses decreased to ¥8,380,485.72 in Q1 2023 from ¥21,265,095.32 in Q1 2022, indicating a reduction of 60.7%[19] - The company reported a decrease in sales expenses to CNY 4,862,687.31 from CNY 2,766,211.91, indicating a significant increase of 75.7%[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 75,046[10] - The largest shareholder, Heilongjiang Construction Investment Group Co., Ltd., held 44.01% of the shares, totaling 446,690,030 shares[10] Recognition and Support - The company was recognized as a 2022 Intellectual Property Advantage Demonstration Enterprise in Heilongjiang Province, which may provide policy support and funding assistance[12]