XJJW(SH:600888)2023-04-24 16:00Financial Performance - Operating revenue for Q1 2023 was ¥1,841,015,233.58, down from ¥2,166,542,937.89 in Q1 2022, representing a decrease of approximately 15.03%[13] - Net profit for Q1 2023 was ¥349,502,352.27, compared to ¥334,229,540.94 in Q1 2022, indicating an increase of about 4.56%[13] - Total operating revenue for Q1 2023 was ¥1,449,334,855.84, a decrease of 31.5% compared to ¥2,116,445,418.54 in Q1 2022[29] - Net profit for Q1 2023 reached ¥429,164,662.39, an increase of 12.6% from ¥381,311,863.56 in Q1 2022[30] - Net profit attributable to shareholders for Q1 2023 was CNY 426,197,735.36, representing an increase of 12.29% year-over-year[36] - The company's cash inflow from operating activities totaled CNY 1,335,878,860.76, while cash outflow was CNY 1,128,255,280.11, resulting in a net cash flow of CNY 207,623,580.65[36] Assets and Liabilities - Total assets at the end of the reporting period reached ¥15,209,190,814.48, an increase of 6.05% compared to the end of the previous year[2] - Total liabilities increased to ¥6,003,413,586.40 in Q1 2023, up from ¥5,552,252,604.54 in Q1 2022, reflecting a growth of 8.1%[29] - The total assets of the company as of March 31, 2023, amounted to CNY 5,991,674,698.68, an increase from CNY 5,358,964,037.37 at the end of 2022[44] - The total liabilities increased to ¥3,793,721,331.29 from ¥3,268,973,752.99, marking an increase of approximately 16.0%[48] - Total liabilities increased to $6,251,438,227.62 from $5,871,307,673.17, indicating a rise in financial obligations[57] Shareholder Equity - Equity attributable to shareholders of the listed company was ¥8,852,531,703.06, reflecting a growth of 5.79% year-over-year[2] - Total equity rose to ¥8,507,279,265.29 in Q1 2023, compared to ¥8,101,114,089.32 in Q1 2022, marking an increase of 5.0%[29] - Owner's equity increased to $8,957,752,586.86 from $8,470,172,209.28, showing a positive trend in shareholder value[57] Cash Flow - Cash and cash equivalents at the end of the period totaled ¥2,064,726,601.07, slightly up from ¥2,050,883,388.72 at the end of the previous year[15] - The net cash flow from operating activities for Q1 2023 was CNY 207,623,580.65, down 36.90% from the previous year[36] - The cash flow from operating activities generated a net amount of ¥273,084,974.66, compared to ¥312,111,372.41 in the previous period, showing a decrease of approximately 12.5%[54] - The cash flow from operating activities inflow totaled ¥1,313,061,557.89, down from ¥1,997,130,261.68, a decrease of about 34.3%[54] Expenses - The company reported a decrease in operating costs to ¥1,629,364,103.95 from ¥1,865,426,792.83 in the previous year, a reduction of approximately 12.66%[13] - Total operating costs for Q1 2023 were ¥1,267,001,344.01, down 33.0% from ¥1,892,324,356.47 in Q1 2022[29] - The company reported a decrease in sales expenses to ¥14,301,150.93 in Q1 2023 from ¥19,039,224.33 in Q1 2022, a reduction of 25.0%[30] - Research and development expenses for Q1 2023 were ¥8,459,584.15, a slight decrease from ¥8,750,802.19 in Q1 2022[13] - Research and development expenses were ¥9,205,544.33 in Q1 2023, slightly down from ¥9,800,132.57 in Q1 2022[30] Investments - Investment activities generated a net cash inflow of ¥214,706,656.54, a significant improvement from a net outflow of ¥258,788,109.93 in the same period last year[15] - The company received other cash related to investment activities amounting to ¥127,018,411.79, compared to ¥60,000,000.00 in the previous year[15] - The company recognized government subsidies of CNY 27,389,645.46 during the reporting period, primarily related to research projects and high-quality development rewards[38] - The company reported investment income cash receipts of CNY 426,600,000.00 for Q1 2023, significantly higher than CNY 188,919,143.00 in the same period last year[36] - Cash inflow from investment activities totaled $556,008,411.79, an increase from $248,919,143.00 in the previous period[55] Other Financial Metrics - The weighted average return on equity for Q1 2023 was 4.9469%, a decrease of 0.4337 percentage points compared to the previous year[36] - Basic earnings per share for Q1 2023 were CNY 0.3199, reflecting a 4.40% increase compared to the same period last year[36] - The basic earnings per share rose to ¥0.3199 from ¥0.3064, indicating an increase of about 4.5%[48] - The company's long-term equity investments increased to CNY 3,022,260,553.19 from CNY 2,842,899,380.42 year-over-year[44] - The deferred income tax liabilities increased to $21,696,738.45 from $19,456,389.02, indicating a rise in tax obligations[57]