SGC(SH:601139)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 7,577,665,500.43, representing an increase of 11.67% compared to the same period last year[4] - The net profit attributable to shareholders of the listed company reached CNY 258,298,246.84, marking a growth of 14.00% year-on-year[4] - The company reported a basic earnings per share of CNY 0.09, which is a 12.50% increase compared to the same period last year[5] - Net profit attributable to shareholders for the same period was RMB 25.83 million, a year-on-year increase of 14.00%, mainly due to the gross profit growth from smart service and natural gas wholesale businesses[12] - Net profit for Q1 2023 was ¥286,779,319.26, a slight increase of 2.3% from ¥279,132,792.97 in Q1 2022[18] Cash Flow - The net cash flow from operating activities was CNY 284,996,148.04, which is an increase of 137.91% compared to the previous year[5] - In Q1 2023, the cash inflow from operating activities was approximately ¥8.02 billion, a significant increase of 34.5% compared to ¥5.96 billion in Q1 2022[19] - The net cash flow from operating activities was ¥284.99 million, recovering from a negative cash flow of ¥751.72 million in the same period last year[19] - The total cash inflow from financing activities reached ¥4.82 billion, compared to ¥3.65 billion in Q1 2022, marking a 31.9% increase[20] - The net cash flow from financing activities was ¥1.12 billion, a turnaround from a negative cash flow of ¥1.82 million in the previous year[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 39,457,146,046.62, reflecting a 3.29% increase from the end of the previous year[5] - The company's total assets as of March 31, 2023, amounted to RMB 39.46 billion, compared to RMB 38.20 billion as of December 31, 2022[15] - Total liabilities as of Q1 2023 amounted to ¥23,594,776,072.17, compared to ¥22,806,507,844.38 in Q1 2022, representing an increase of 3.5%[17] - The company's total equity reached ¥15,862,369,974.45 in Q1 2023, up from ¥15,394,216,140.19 in Q1 2022, indicating a growth of 3.0%[17] Operational Metrics - The company's accounts receivable increased by 47.36%, primarily due to the rise in receivables from natural gas sales and photovoltaic film sales[7] - The company's inventory decreased by 37.46%, mainly due to a reduction in liquefied petroleum gas, liquefied natural gas, and photovoltaic raw material stocks[7] - Natural gas sales volume reached 1.191 billion cubic meters, up 9.77% from 1.085 billion cubic meters in the same period last year[12] - The sales volume of pipeline natural gas in Shenzhen was 548 million cubic meters, an 18.87% increase from 461 million cubic meters year-on-year[12] - The company reported a decrease in natural gas transmission volume to 183 million cubic meters, down 7.58% from 198 million cubic meters year-on-year[13] Future Outlook - The company expects continued growth in natural gas sales driven by expanding market demand and operational efficiency improvements[12] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Research and Development - Research and development expenses in Q1 2023 totaled ¥143,348,502.98, an increase of 29.2% from ¥110,841,073.86 in Q1 2022[17]