中国卫通(601698) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 596,552,541.86, representing a year-on-year increase of 0.92%[4] - The net profit attributable to shareholders was RMB 141,405,161.76, reflecting a year-on-year growth of 12.90%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 130,092,062.30, an increase of 5.63% compared to the same period last year[4] - The basic and diluted earnings per share were both RMB 0.0335, an increase of 7.03% year-on-year[4] - Net profit for Q1 2023 was CNY 174,846,654.48, up from CNY 162,764,975.90 in Q1 2022, indicating an increase of approximately 7.4%[19] - Total profit for Q1 2023 was CNY 202,229,371.74, compared to CNY 189,150,897.38 in Q1 2022, reflecting an increase of about 6.5%[19] - Operating profit for Q1 2023 reached CNY 136.42 million, up 17.3% from CNY 116.30 million in Q1 2022[28] - Net profit for Q1 2023 was CNY 122.61 million, representing a 19.4% increase from CNY 102.71 million in Q1 2022[28] Cash Flow and Liquidity - The net cash flow from operating activities was negative at RMB -58,908,325.44, a significant decrease of 199.36% year-on-year[4] - Cash flow from operating activities increased to CNY 364,580,002.44 in Q1 2023, compared to CNY 265,016,439.85 in Q1 2022, marking a growth of approximately 37.5%[21] - Cash flow from operating activities in Q1 2023 was negative at CNY -93.01 million, compared to a positive CNY 38.03 million in Q1 2022[29] - Total cash and cash equivalents at the end of the period amounted to 3,267,236,777.03 RMB, down from 3,351,311,674.26 RMB year-over-year[23] - The company's cash and cash equivalents decreased to RMB 5,246,138,118.67 from RMB 6,335,123,819.71, representing a decline of about 17.2%[13] - The company's cash and cash equivalents decreased by 1,160,324,215.23 RMB compared to a decrease of 412,328,951.02 RMB in the previous year[23] - Total cash and cash equivalents at the end of Q1 2023 amounted to CNY 2.84 billion, down from CNY 2.90 billion at the end of Q1 2022[29] Assets and Liabilities - The total assets at the end of Q1 2023 were RMB 22,256,728,432.76, down 0.76% from the end of the previous year[5] - The company's total assets amounted to RMB 22,256,728,432.76, a decrease from RMB 22,428,111,562.56 as of December 31, 2022, reflecting a decline of approximately 0.77%[16] - The total current liabilities decreased to RMB 1,647,005,732.01 from RMB 1,841,667,358.63, a reduction of about 10.6%[15] - The company's non-current liabilities decreased to RMB 1,338,532,527.89 from RMB 1,385,569,495.05, reflecting a decline of approximately 3.4%[15] - The total liabilities decreased to 4,203,154,560.15 RMB from 4,343,638,442.86 RMB year-over-year[25] - The company's total equity increased to 14,056,222,547.67 RMB from 13,933,609,788.39 RMB in the previous year[26] - The total equity attributable to shareholders increased to RMB 15,215,068,579.61 from RMB 15,107,113,000.11, an increase of about 0.72%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 141,217[9] - The company's retained earnings increased to RMB 2,802,914,494.34 from RMB 2,661,509,332.58, an increase of approximately 5.3%[16] Operational Efficiency - Total operating costs decreased to CNY 404,531,610.69 in Q1 2023 from CNY 413,514,465.67 in Q1 2022, a reduction of about 2.38%[17] - Research and development expenses decreased to CNY 6,015,194.95 in Q1 2023 from CNY 7,241,348.05 in Q1 2022, a decline of about 16.9%[17] - Research and development expenses for Q1 2023 were CNY 4.20 million, slightly decreased from CNY 4.21 million in Q1 2022[27] - The company reported a decrease in other income to CNY 27.38 million in Q1 2023 from CNY 37.64 million in Q1 2022[27] Government Support - The company received government subsidies amounting to RMB 10,621,714.91, which are closely related to its normal business operations[6] Other Financial Metrics - The weighted average return on equity was 0.9327%, a decrease of 0.1077 percentage points compared to the previous year[4] - The company's inventory increased slightly to RMB 17,606,635.77 from RMB 16,469,348.94, indicating a rise of approximately 6.9%[14] - The company's other current assets rose significantly to RMB 2,036,934,976.00 from RMB 1,214,830,381.58, an increase of about 67.7%[14] - The company's short-term borrowings increased to RMB 20,000,000.00 from RMB 15,000,000.00, reflecting a rise of 33.3%[15] - The company reported a financial expense of CNY -36,305,937.32 in Q1 2023, compared to CNY -6,245,621.22 in Q1 2022, indicating a significant increase in financial income[17] - The total comprehensive income for Q1 2023 was CNY 70,315,463.98, down from CNY 98,078,906.11 in Q1 2022, a decrease of approximately 28.4%[20] - The total comprehensive income for Q1 2023 was CNY 122.61 million, compared to CNY 102.71 million in Q1 2022[28] - Investment income for Q1 2023 was a loss of CNY 10,079,333.49, an improvement from a loss of CNY 13,858,861.23 in Q1 2022[19] - Financial expenses in Q1 2023 showed a significant increase, with a net expense of CNY -20.71 million compared to CNY -6.29 million in Q1 2022[27] - The company experienced a significant increase in cash received from other operating activities, rising to CNY 30.30 million from CNY 9.11 million in Q1 2022[29]