GRI(SH:600894)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,343,345,249.12, a decrease of 17.02% compared to the same period last year[6]. - Net profit attributable to shareholders was CNY 16,318,456.11, an increase of 732.11% year-on-year[6]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 19,516,314.26, a decrease of 66.36% compared to the previous year[6]. - Net profit for Q1 2023 reached CNY 11,986,933.16, significantly up from CNY 1,096,899.19 in Q1 2022, marking an increase of 1,090.5%[19]. - Basic earnings per share were CNY 0.0190, an increase of 726.09% year-on-year[6]. - Basic and diluted earnings per share for Q1 2023 were CNY 0.0190, compared to CNY 0.0023 in Q1 2022[21]. - The company reported a total comprehensive income of CNY 12,751,437.84 for Q1 2023, compared to CNY 477,529.02 in Q1 2022[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,462,499,176.19, a decrease of 3.04% from the end of the previous year[7]. - Total assets as of March 31, 2023, were CNY 12,462,499,176.19, down from CNY 12,853,279,989.44 as of December 31, 2022[16]. - Total liabilities decreased to CNY 3,531,964,796.85 from CNY 3,935,764,132.67 at the end of 2022, reflecting a reduction of 10.3%[16]. - The equity attributable to shareholders was CNY 8,757,965,480.31, an increase of 0.20% compared to the end of the previous year[7]. - Total equity attributable to shareholders of the parent company was CNY 8,757,965,480.31, slightly up from CNY 8,740,638,167.45 at the end of 2022[16]. Cash Flow - The net cash flow from operating activities was CNY -50,745,144.87, which is not applicable for comparison[6]. - In Q1 2023, the cash inflow from operating activities was CNY 1,601,169,305.23, an increase of 20.4% compared to CNY 1,329,643,712.30 in Q1 2022[24]. - The net cash flow from operating activities was -CNY 50,745,144.87, an improvement from -CNY 188,253,038.99 in the same period last year[24]. - Cash inflow from investment activities significantly increased to CNY 420,000,000.00, compared to CNY 18,360,000.00 in Q1 2022, marking a growth of 2,287.5%[24]. - The net cash flow from investment activities was CNY 385,635,315.48, up from CNY 3,480,052.61 in Q1 2022[24]. - The cash and cash equivalents at the end of Q1 2023 amounted to CNY 4,015,693,135.95, an increase from CNY 3,232,976,976.69 in Q1 2022[24]. - The total cash outflow from financing activities was CNY 32,915,938.94, compared to CNY 13,413,963.92 in Q1 2022, reflecting a rise of 144.6%[24]. - The net cash flow from financing activities was -CNY 29,515,938.94, worsening from -CNY 8,463,927.99 in the previous year[24]. - The company received CNY 3,400,000.00 from borrowings in Q1 2023, down from CNY 4,950,035.93 in Q1 2022[24]. - The cash inflow from sales of goods and services was CNY 1,517,819,017.96, an increase of 17.3% from CNY 1,294,369,797.58 in the same quarter last year[24]. - The company reported a total cash inflow of CNY 305,256,237.05 in Q1 2023, compared to a cash outflow of -CNY 194,114,035.02 in Q1 2022[24]. Research and Development - Research and development expenses for Q1 2023 were CNY 42,752,092.35, an increase of 20.0% compared to CNY 35,514,908.29 in Q1 2022[19]. Shareholder Information - The company had a total of 28,067 common shareholders at the end of the reporting period[11]. Return on Equity - The weighted average return on equity increased by 0.17 percentage points to 0.19%[9]. Investment Income - The company reported a significant decrease in investment income, which contributed to the decline in net profit after deducting non-recurring gains and losses[8]. Contract Liability - The company maintained a contract liability of CNY 991,935,059.00, consistent with CNY 991,645,921.21 from the previous quarter[16].