财达证券(600906) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 626,377,273.01, representing a year-on-year increase of 79.12%[4] - The net profit attributable to shareholders of the listed company reached RMB 202,418,736.31, up 162.74% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 194,873,128.63, reflecting a 163.85% increase year-on-year[4] - The basic earnings per share for the period was RMB 0.06, which is a 200.00% increase compared to the previous year[4] - The diluted earnings per share also stood at RMB 0.06, marking a 200.00% increase year-on-year[4] - Total operating revenue for Q1 2023 was CNY 626,377,273.01, an increase from CNY 349,698,695.68 in Q1 2022, representing an increase of approximately 79.3%[16] - Net profit for Q1 2023 was CNY 202,499,530.11, compared to CNY 76,939,711.86 in Q1 2022, reflecting an increase of approximately 163.5%[17] - The company’s investment income for Q1 2023 was CNY 208,034,709.14, compared to CNY 197,873,765.54 in Q1 2022, showing an increase of about 5.8%[16] - The company reported a total operating expense of CNY 360,595,401.39 in Q1 2023, compared to CNY 244,076,381.62 in Q1 2022, which is an increase of approximately 47.7%[17] Assets and Liabilities - Total assets at the end of the reporting period were RMB 47,574,642,459.97, an increase of 8.51% from the end of the previous year[5] - Total assets as of Q1 2023 amounted to CNY 47,574,642,459.97, up from CNY 43,843,477,451.91 in the previous year, indicating a growth of about 8.3%[15] - Total liabilities increased to CNY 36,229,659,249.93 in Q1 2023 from CNY 32,699,785,806.09 in Q1 2022, marking an increase of approximately 10.4%[15] - The company holds short-term financing payables of approximately CNY 1.50 billion[23] - The company’s long-term debt, including bonds payable, is approximately CNY 7.24 billion[23] Shareholder Information - The equity attributable to shareholders of the listed company was RMB 11,340,656,430.91, up 1.81% from the end of the previous year[5] - The total number of common shareholders at the end of the reporting period was 90,286[9] - Tangshan Iron and Steel Group Co., Ltd. holds 1,052,631,050 shares, accounting for 32.44% of total shares[9] - Shareholders' equity totaled approximately CNY 11.14 billion, with a slight decrease of CNY 1.21 million compared to the previous period[24] Cash Flow - The net cash flow from operating activities was RMB 1,057,732,989.00, with no applicable year-on-year comparison[4] - The net cash flow from operating activities for Q1 2023 was ¥1,057,732,989, a significant improvement compared to a negative cash flow of ¥498,363,317 in Q1 2022[20] - Total cash inflow from operating activities reached ¥4,460,594,369, up from ¥1,242,833,342 in the same period last year, indicating a growth of approximately 258%[20] - The cash outflow from operating activities was ¥3,402,861,380, compared to ¥1,741,196,659 in Q1 2022, reflecting an increase of about 95%[20] - The net increase in cash and cash equivalents for Q1 2023 was ¥1,028,778,223, contrasting with a decrease of ¥522,727,659 in Q1 2022[21] - The total cash and cash equivalents at the end of Q1 2023 stood at ¥14,971,896,159, compared to ¥14,124,012,328 at the end of Q1 2022, marking an increase of approximately 6%[21] - The company reported a significant increase in cash received from other operating activities, amounting to ¥705,856,694, compared to ¥208,453,851 in Q1 2022, representing a growth of about 238%[20] Legal Matters - The company has ongoing litigation related to securities repurchase agreements, with recent court rulings favoring the company[11][12] - The company has not disclosed any major litigation or arbitration matters exceeding ¥10 million during the reporting period[11] Accounting Changes - The company executed a new accounting standard starting January 1, 2023, which impacted the financial statements, particularly concerning deferred tax assets and liabilities related to leasing transactions[21] Other Financial Metrics - The weighted average return on equity increased by 1.04 percentage points to 1.73%[4] - The company has a strong focus on financial investments, with other equity instrument investments remaining stable at ¥82,736,877.25[13] - The company has seen a slight decrease in receivables, with accounts receivable reported at ¥419,734,111.27 compared to ¥734,056,095.17 in the previous year[13] - The company reported a government subsidy of RMB 2,202,115.79, which is closely related to its normal business operations[6] - The cash paid to employees increased to ¥223,512,186 in Q1 2023 from ¥201,530,688 in Q1 2022, reflecting a rise of approximately 11%[20] - The cash paid for taxes decreased to ¥27,048,505 in Q1 2023 from ¥64,052,572 in Q1 2022, indicating a reduction of about 58%[20]