中国西电(601179) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 4,673,947,869.53, representing a year-on-year increase of 21.78%[4] - The net profit attributable to shareholders of the listed company was CNY 185,736,354.13, up 42.26% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 174,320,211.51, reflecting a 62.70% increase year-on-year[4] - The basic earnings per share for the period was CNY 0.0362, an increase of 42.26% year-on-year[4] - The diluted earnings per share also stood at CNY 0.0362, marking a 42.26% increase compared to the same period last year[4] - Total operating revenue for Q1 2023 reached ¥4,733,106,155.70, a 21.8% increase from ¥3,887,829,520.40 in Q1 2022[17] - Net profit for Q1 2023 was ¥207,536,226.23, up from ¥134,936,105.80 in Q1 2022, representing a year-over-year increase of 54.0%[18] - Total comprehensive income for Q1 2023 reached ¥299,171,483.63, significantly higher than ¥136,652,154.49 in the same period last year, marking an increase of about 118.5%[19] - The basic and diluted earnings per share for Q1 2023 were both ¥0.0362, up from ¥0.0255 in Q1 2022, reflecting a growth of approximately 42.5%[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1,906,223,682.86, a decrease of 390.38% compared to the previous year[4] - Cash inflows from operating activities totaled ¥4,061,075,837.38 in Q1 2023, down from ¥5,346,820,869.32 in Q1 2022, indicating a decrease of about 23.9%[20] - The total cash and cash equivalents at the end of Q1 2023 stood at ¥3,560,581,306.05, down from ¥4,791,180,317.03 at the end of Q1 2022, representing a decrease of approximately 25.7%[21] - The company reported a significant decrease in customer deposits and interbank deposits, with a net decrease of ¥270,128,879.63 in Q1 2023 compared to an increase of ¥478,530,369.59 in Q1 2022[20] - Cash received from operating activities related to other business activities was ¥537,199,653.68 in Q1 2023, down from ¥1,107,460,705.46 in Q1 2022, indicating a decline of about 51.5%[20] Assets and Liabilities - Total assets at the end of the period were CNY 39,964,381,191.13, a decrease of 2.15% from the end of the previous year[5] - The company's cash and cash equivalents decreased to RMB 3,810,385,603.05 from RMB 7,267,645,317.04, representing a decline of approximately 47.5%[13] - Accounts receivable increased to RMB 11,159,906,705.20, up from RMB 9,465,532,513.69, indicating a growth of about 18%[13] - Inventory rose to RMB 4,074,374,916.03, compared to RMB 3,906,831,624.64, reflecting an increase of approximately 4.3%[13] - The company's total liabilities decreased to ¥16,723,872,747.54 from ¥17,899,351,184.28, a reduction of approximately 6.6%[15] - The company's total liabilities decreased to RMB 15,378,644,807.01 from RMB 16,537,586,323.21, indicating a decrease of about 7%[14] - The company's short-term borrowings increased to RMB 699,346,520.21 from RMB 513,056,375.88, marking a rise of about 36.3%[14] - Total current liabilities decreased to RMB 15,378,644,807.01 from RMB 16,537,586,323.21, a reduction of approximately 7%[14] Investments and Expenses - Research and development expenses for Q1 2023 were ¥122,031,569.41, compared to ¥100,928,719.56 in Q1 2022, marking a 20.8% increase[18] - The company's non-current assets totaled RMB 10,932,914,136.18, an increase from RMB 10,295,065,667.30, representing a growth of about 6.2%[14] - The company’s equity investments decreased slightly to RMB 131,946,353.23 from RMB 141,068,103.57, a decline of approximately 6.5%[14] - Total operating costs for Q1 2023 amounted to ¥4,518,872,477.27, an increase from ¥3,746,721,204.57 in Q1 2022, indicating a rise of 20.6%[18] Strategic Focus - The company increased its market expansion efforts, which contributed to the growth in operating revenue and net profit[8] - The company plans to continue focusing on market expansion and new product development to drive future growth[16] - The actual controller of the company remains the State-owned Assets Supervision and Administration Commission of the State Council after the transfer of shares[12] - The company did not execute any new accounting standards or interpretations that would affect the financial statements for the year[22]