CNS(SH:601098)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥2,663,928,479.94, representing a year-on-year increase of 10.98%[4] - The net profit attributable to shareholders of the listed company was ¥347,367,324.80, reflecting a growth of 28.68% compared to the same period last year[4] - The basic earnings per share for the period was ¥0.19, an increase of 26.67% year-on-year[4] - Total operating revenue for Q1 2023 reached ¥2,663,928,479.94, an increase of 10.96% compared to ¥2,400,377,332.54 in Q1 2022[17] - Net profit for Q1 2023 was ¥354,819,942.51, representing a 22.8% increase from ¥289,185,773.75 in Q1 2022[18] - The company’s total comprehensive income for Q1 2023 was ¥354,819,942.51, compared to ¥289,185,773.75 in Q1 2022, reflecting a growth of 22.8%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,677,783,467.80, a decrease of 0.57% from the end of the previous year[5] - The equity attributable to shareholders of the listed company increased by 2.37% to ¥14,990,267,263.74 compared to the end of the previous year[5] - The total liabilities decreased to ¥8,875,828,745.43 in Q1 2023 from ¥9,371,644,610.00 in Q1 2022, a reduction of approximately 5.29%[16] - The total equity increased to ¥15,801,954,722.37 in Q1 2023 from ¥15,447,108,501.86 in Q1 2022, marking a growth of about 2.29%[16] - The total assets amounted to ¥24,677,783,467.80 in Q1 2023, slightly down from ¥24,818,753,111.86 in Q1 2022[16] Cash Flow - The net cash flow from operating activities was negative at -¥1,482,054,460.56[4] - In Q1 2023, the cash inflow from operating activities was CNY 3,571,138,549.07, an increase of 3.7% compared to CNY 3,443,229,213.70 in Q1 2022[19] - The net cash outflow from operating activities was CNY -1,482,054,460.56, worsening from CNY -648,986,728.40 in the same period last year[19] - The cash inflow from investment activities totaled CNY 759,097,253.86, down 38.4% from CNY 1,235,474,270.66 in Q1 2022[20] - The total cash and cash equivalents at the end of Q1 2023 were CNY 8,346,925,456.63, a decrease from CNY 9,381,070,423.07 at the end of Q1 2022[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,332[9] - The company has a major shareholder, Hunan Publishing Investment Holding Group Co., Ltd., holding 61.46% of the shares, indicating strong control over the company[10] Research and Development - Research and development expenses for Q1 2023 were ¥26,216,919.79, up from ¥24,770,519.23 in Q1 2022, indicating an increase of 5.83%[17] - Research and development expenses increased to CNY 2,758,039.78, up 66.7% from CNY 1,655,039.87 in Q1 2022[23] Financial Management and Compliance - The company did not conduct an audit for the Q1 financial statements[3] - The company has not adopted new accounting standards or interpretations for the first quarter of 2023[27] - The report was announced by the board of directors on April 23, 2023[27] - The financial report reflects the company's ongoing commitment to transparency and compliance with regulatory requirements[27] - The company continues to monitor its financial performance closely in light of market conditions[27] - There are no significant changes in accounting policies affecting the financial statements for the current period[27] - The company remains focused on maintaining a strong liquidity position[27] - The report indicates a stable financial environment for the company moving forward[27] - The management team is committed to strategic financial planning and risk management[27] - The company is preparing for future growth opportunities while ensuring financial stability[27]