LYG(SH:600876)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,426,425,959.62, representing a year-on-year increase of 41.75%[5] - The net profit attributable to shareholders decreased to CNY 12,446,203.87, down 88.89% compared to the same period last year[5] - Basic earnings per share for the period was CNY 0.02, a decrease of 88.24% year-on-year[6] - Total operating revenue for Q1 2023 reached ¥1,426,425,959.62, a 42% increase from ¥1,006,273,081.19 in Q1 2022[16] - Net profit for Q1 2023 was ¥21,789,786.50, a significant decrease of 82% compared to ¥121,951,292.71 in Q1 2022[18] - The net profit attributable to shareholders of the parent company was ¥12,446,203.87, down 89% from ¥112,035,584.54 in the same period last year[18] - Earnings per share for Q1 2023 were ¥0.02, compared to ¥0.17 in Q1 2022[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,027,031,106.24, an increase of 4.36% from the end of the previous year[6] - Total assets as of March 31, 2023, reached CNY 11,027,031,106.24, an increase from CNY 10,565,902,910.42 at the end of 2022[13] - Total liabilities increased to ¥6,391,599,055.02 in Q1 2023, compared to ¥5,952,260,645.70 in Q1 2022[15] - Total current liabilities decreased to CNY 3,966,159,360.02 from CNY 4,147,163,623.26, a reduction of about 4.4%[14] - Non-current assets totaled CNY 6,708,408,318.07, up from CNY 6,496,038,544.97, reflecting an increase of approximately 3.3%[14] Cash Flow - The company's cash flow from operating activities was negative at CNY -204,756,028.87, indicating a cash outflow[7] - Cash generated from operating activities was ¥992,182,497.77, an increase from ¥486,333,022.07 in Q1 2022[19] - The net cash flow from operating activities was -204,756,028.87, compared to -230,032,055.79 in the previous year, indicating a slight improvement[20] - Cash inflow from operating activities was 1,037,747,647.19, while cash outflow was 1,242,503,676.06, leading to a negative cash flow from operations[20] - The company received cash from financing activities amounting to 979,541,604.81, with a net cash flow of 765,414,897.09, contrasting with a net outflow of -50,532,388.67 in the prior year[21] Expenses - Research and development expenses increased by 48.72% year-on-year, totaling CNY 58,204,768.95[7] - The company reported a significant increase in sales expenses, which rose by 118.06% to CNY 7,660,222.51 due to increased marketing efforts[7] - Total operating costs for Q1 2023 were ¥1,414,151,837.17, up 43% from ¥987,905,148.41 in Q1 2022[17] - Research and development expenses for Q1 2023 were ¥58,204,768.95, compared to ¥39,138,119.26 in Q1 2022, reflecting a 49% increase[17] Shareholder Information - The company has a total of 35,228 common shareholders as of the reporting date[9] - The top ten shareholders hold a combined 38.59% of the total shares, with HKSCC NOMINEES LIMITED being the largest shareholder[9] Other Income and Investment - Investment income showed a drastic decline of 103.54%, resulting in a loss of CNY -2,416,813.78 compared to a profit in the same period last year[7] - The company experienced a decrease in government subsidies, with other income dropping by 68.54% to CNY 13,732,790.59[7]