2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥5,364,942,648.25, representing a 52.90% increase compared to the same period last year[4]. - Net profit attributable to shareholders was ¥511,450,441.35, reflecting a growth of 17.11% year-over-year[4]. - Basic earnings per share (EPS) stood at ¥0.24, an increase of 20.00% from the same quarter last year[5]. - Operating profit for Q1 2023 was ¥560,029,029.94, up from ¥495,354,805.21 in the same period last year, reflecting a growth of 13.0%[21]. - The company reported a total comprehensive income of ¥494,160,055.41 for Q1 2023, compared to ¥425,436,199.26 in Q1 2022, reflecting an increase of 16.1%[22]. Cash Flow - The net cash flow from operating activities was negative at -¥480,910,166.55, a decline of 185.70% compared to the previous year[4]. - In Q1 2023, the total cash inflow from operating activities was RMB 2,363,559,282.93, a significant increase from RMB 1,557,248,911.11 in Q1 2022, representing a growth of approximately 51.7%[25]. - Cash outflow for purchasing goods and services in Q1 2023 was RMB 2,208,704,611.52, up from RMB 615,891,923.73 in Q1 2022, reflecting a year-over-year increase of approximately 258.5%[25]. - The cash outflow from investing activities in Q1 2023 was RMB 763,278,546.29, a decrease from RMB 3,941,794,829.55 in Q1 2022, showing a reduction of about 80.7%[25]. - The net cash flow from financing activities was RMB 1,243,870,492.10 in Q1 2023, down from RMB 2,555,114,647.20 in Q1 2022, reflecting a decline of about 51.3%[26]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥34,007,955,599.71, up 5.02% from the end of the previous year[5]. - The company's total liabilities increased to CNY 13.45 billion from CNY 12.00 billion, reflecting a rise of approximately 12.1%[17]. - Total liabilities as of Q1 2023 were ¥19,472,396,856.82, an increase from ¥18,349,275,392.88 in Q1 2022, indicating a rise of 6.1%[19]. - Non-current assets totaled CNY 20.56 billion, slightly up from CNY 20.00 billion, indicating a growth of about 2.8%[17]. - The company's short-term borrowings rose to CNY 3.77 billion, compared to CNY 3.10 billion, marking an increase of about 21.5%[17]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,158[11]. - Total equity attributable to shareholders reached ¥14,535,558,742.89 in Q1 2023, compared to ¥14,032,447,213.17 in Q1 2022, reflecting an increase of 3.6%[19]. Research and Development - Research and development expenses rose by 56.35%, driven by increased projects including ultra-thin glass technology[10]. - Research and development expenses in Q1 2023 amounted to ¥157,495,810.85, up from ¥100,731,583.77 in Q1 2022, representing a growth of 56.4%[20]. Operational Costs - The company experienced a 58.74% increase in operating costs, attributed to higher sales volume and sustained high raw material and energy costs[8]. - The total cost of operations for Q1 2023 was ¥4,806,492,315.72, compared to ¥3,005,516,512.21 in Q1 2022, which is an increase of 60.0%[20].