DZH(SH:601519)2023-04-27 16:00Financial Performance - Total operating revenue for Q1 2023 was ¥168,169,175.21, an increase of 9.07% compared to ¥154,191,322.36 in Q1 2022[11] - Net profit attributable to shareholders of the listed company reached ¥304,836,597.80, a significant recovery from a net loss of ¥46,942,034.72 in the same period last year[5] - Operating profit for Q1 2023 was -¥29,442,901.03, an improvement from -¥45,391,371.09 in Q1 2022[5] - The company reported a total profit of ¥305,935,250.37, compared to a total loss of -¥45,204,493.37 in the previous year[5] - Basic earnings per share for Q1 2023 were ¥0.152, compared to a loss of ¥0.024 per share in Q1 2022[7] - The total comprehensive income for Q1 2023 was ¥294,832,954.00, a recovery from -¥52,083,416.56 in the same period last year[7] - The diluted earnings per share for the period is 0.151 RMB per share[27] - The weighted average return on equity increased by 20.27 percentage points to 17.28%[27] Cash Flow and Liquidity - Cash flow from operating activities was ¥352,746,101.26, up from ¥229,134,747.72 in the same quarter last year[7] - The company reported a net cash outflow from operating activities of -¥79,968,889.01, indicating a significant change in cash flow dynamics[11] - Cash and cash equivalents decreased from 1.52 billion to 1.42 billion, a decline of about 6%[42] - The ending balance of cash and cash equivalents decreased to $1,411,577,461.31 from $1,489,561,690.19, representing a decline of approximately 5.2%[47] - Total cash outflow from operating activities reached $432,714,990.27, up from $317,374,615.33, indicating a 36.3% increase in operational cash outflows[47] - The company paid $171,954,541.94 to employees, an increase from $154,530,655.24, reflecting a 11.3% rise in employee-related cash expenses[47] - Tax payments amounted to $9,026,067.98, a slight decrease from $9,717,055.88, showing a 7.1% reduction in tax-related cash outflows[47] - Cash inflow from investment activities was $70,301.93, with no previous inflow reported, indicating a new source of cash generation from asset disposals[47] Assets and Liabilities - Total assets as of March 31, 2023, amounted to 2,449,793,380.09 RMB, reflecting a 4.85% increase from the previous year[27] - The equity attributable to shareholders of the listed company increased by 18.67% to 1,912,928,695.50 RMB compared to the end of the previous year[27] - Total liabilities decreased from 717.35 million to 530.55 million, a reduction of approximately 26%[36] - Current liabilities decreased from 632.11 million to 446.80 million, a decrease of about 29%[36] - Non-current liabilities slightly decreased from 85.23 million to 83.75 million, a reduction of around 1.75%[36] - The total equity attributable to shareholders increased from 1.61 billion to 1.91 billion, an increase of approximately 18%[37] - The company reported a net loss of approximately 1.44 billion in retained earnings, improving from a loss of 1.75 billion[37] Research and Development - Research and development expenses for Q1 2023 were ¥46,392,677.45, down from ¥51,008,946.46 in Q1 2022[1] - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the provided content[40] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 129,938[38] - The largest shareholder, Zhang Changhong, holds 34.62% of the shares, totaling 704,792,657 shares[39] Strategic Developments - The company received 50,000,000 RMB as the first installment of compensation from Zhang Changhong as part of a settlement agreement[30] - The company’s total liabilities and equity structure indicates a stable financial position with a focus on improving shareholder returns[30] - There are no significant new strategies or market expansions mentioned in the conference call content[41]