宝胜股份(600973) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 10,399,931,576.66, representing a year-on-year increase of 4.16%[5] - The net profit attributable to shareholders of the listed company was CNY 38,930,958.46, reflecting a year-on-year increase of 2.85%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased significantly by 51.95% to CNY 34,841,754.95[10] - The company reported a net profit margin of approximately 0.44% for Q1 2023, consistent with the previous year's performance[19] - In Q1 2023, the company reported a net profit of CNY 42,290,545.69, an increase of 12.8% compared to CNY 37,540,764.75 in Q1 2022[20] - The company's total comprehensive income for Q1 2023 was CNY 30,239,556.20, significantly lower than CNY 100,240,941.33 in Q1 2022[21] - The basic and diluted earnings per share remained stable at CNY 0.028 for both Q1 2023 and Q1 2022[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1,072,710,392.28, indicating a significant cash outflow[5] - The company experienced a net cash outflow from operating activities of CNY -1,072,710,392.28, compared to CNY -931,269,530.94 in Q1 2022[24] - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 2,178,819,963.48, a decrease from CNY 2,431,985,203.16 at the end of Q1 2022[26] - The company’s financing activities generated a net cash inflow of CNY 1,392,952,166.04, compared to CNY 1,378,939,895.56 in the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 22,892,026,469.62, an increase of 8.02% compared to the end of the previous year[6] - Total assets as of March 31, 2023, were RMB 22,892,026,469.62, compared to RMB 21,192,815,242.59 at the end of 2022, reflecting a growth of 8.02%[17] - Total liabilities increased to RMB 17,899,837,115.69 as of March 31, 2023, from RMB 16,340,312,050.02 at the end of 2022, marking an increase of 9.53%[18] - Non-current liabilities as of March 31, 2023, totaled RMB 2,377,405,555.11, up from RMB 1,957,510,187.20 at the end of 2022, indicating a rise of 21.43%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,599[12] - The largest shareholder, Baosheng Group Co., Ltd., held 31.90% of the shares[12] Operating Costs and Expenses - Total operating costs for Q1 2023 were RMB 10,353,734,536.25, up from RMB 9,951,582,128.04 in Q1 2022, reflecting a year-over-year increase of 4.05%[19] - Research and development expenses increased to CNY 152,183,710.76, up 9.4% from CNY 139,181,004.56 in Q1 2022[20] - The company reported a decrease in sales expenses to CNY 61,975,220.86 from CNY 70,861,793.93 in Q1 2022, reflecting a reduction of 12.5%[20] - The company’s tax expenses decreased to CNY 8,515,938.78 from CNY 13,564,265.73 in the previous year, a reduction of 37.9%[20] Inventory and Receivables - Accounts receivable increased to RMB 6,311,809,426.31 as of March 31, 2023, from RMB 5,305,009,224.01 at the end of 2022, representing a rise of 18.93%[16] - Inventory as of March 31, 2023, was RMB 2,657,585,240.54, slightly up from RMB 2,613,203,923.98 at the end of 2022, showing an increase of 1.70%[16] Government Support - The company received government subsidies related to operations, which contributed to the increase in net profit[10] Product Development and Strategy - The company did not report any significant new product developments or market expansion strategies during this quarter[4]