SA(SH:601021)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 reached CNY 3,862,713,824, representing a year-on-year increase of 63.65%[3] - The net profit attributable to shareholders was CNY 355,571,559, with a basic and diluted earnings per share of CNY 0.36[3] - Operating profit for Q1 2023 was ¥478,478,695, a turnaround from a loss of ¥587,767,642 in Q1 2022[15] - Net profit for Q1 2023 amounted to ¥355,571,559, compared to a net loss of ¥437,033,401 in the same period last year[15] - The company reported a total comprehensive income of ¥384,029,200 for Q1 2023, compared to a loss of ¥502,380,577 in Q1 2022[16] Cash Flow - The net cash flow from operating activities was CNY 1,392,192,149, indicating a significant increase due to higher business volume[3] - Cash flow from operating activities generated ¥1,392,192,149 in Q1 2023, a recovery from a negative cash flow of ¥383,005,519 in Q1 2022[17] - The company’s cash inflow from operating activities totaled ¥4,824,129,161 in Q1 2023, compared to ¥2,822,332,709 in Q1 2022[17] - The net cash flow from investing activities was -$100.45 million, a significant improvement from -$1.38 billion in Q1 2022[18] - The net cash flow from financing activities was -$1.36 billion in Q1 2023, compared to a positive $1.95 billion in Q1 2022[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 42,783,980,273, a decrease of 1.46% compared to the end of the previous year[3] - The total current liabilities decreased to RMB 5,126,318,198 from RMB 5,904,663,413, indicating a reduction of about 13.14%[11] - Total liabilities as of March 31, 2023, were ¥28,707,060,364, down from ¥29,726,790,820 at the end of 2022[12] - The total liabilities to equity ratio improved, with total equity reported at ¥14,076,919,909 as of March 31, 2023, compared to ¥13,692,890,709 at the end of 2022[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,624[7] - The largest shareholder, Shanghai Spring International Travel Agency Group Co., Ltd., holds 50.61% of the shares[8] - The company has a total of 504,000,000 shares held by its actual controller, representing a 51.50% ownership stake[9] Investments and R&D - Research and development expenses increased to ¥37,533,686 in Q1 2023, up from ¥30,987,864 in Q1 2022, reflecting a focus on innovation[15] - Spring Airlines' long-term equity investments increased to RMB 4,773,880 from RMB 4,643,342, marking a growth of about 2.81%[11] Market Strategy - The company plans to continue expanding its market presence and developing new products and technologies to enhance operational efficiency[3]