2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was RMB 88,515,555, representing a year-on-year increase of 24.19%[4] - The net profit attributable to shareholders for Q1 2023 was RMB 1,131,371, an increase of 17.83% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1,022,782, reflecting a growth of 22.12% year-on-year[4] - The basic earnings per share for Q1 2023 was RMB 0.025, up by 19.05% from the previous year[5] - The company reported a net profit margin improvement, with net income figures to be detailed in future reports[22] - Net profit for Q1 2023 was ¥1,848,532, an increase from ¥1,781,852 in Q1 2022, representing a growth of approximately 3.7%[23] - The company reported a total comprehensive income of CNY 1,979,912 thousand for Q1 2023, compared to CNY 1,684,830 thousand in Q1 2022[59] Revenue Breakdown - The renewable energy and integrated smart energy business generated RMB 22.02 billion in revenue, a 34.4% increase compared to the previous year[12] - Traditional energy business revenue was RMB 28.98 billion, showing an 18.0% year-on-year growth[12] - The comprehensive transportation business reported revenue of RMB 10.91 billion, marking a 37.2% increase year-on-year[12] - In Q1 2023, the company achieved a new contract amount of RMB 297.71 billion, a year-on-year increase of 22.0%[11] - The company signed significant international contracts worth RMB 76.93 billion, a 28.5% increase year-on-year[13] - The domestic market saw new contracts worth RMB 220.79 billion, reflecting a 19.9% year-on-year growth[13] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to RMB 698,388,451, an increase of 5.12% from the end of the previous year[5] - Total liabilities amounted to ¥526,066,893, an increase from ¥496,864,910 in the previous period, representing a growth of 5.5%[21] - The total current assets as of March 31, 2023, amounted to RMB 407.94 billion, compared to RMB 378.75 billion at the end of 2022[17] - The total equity attributable to shareholders increased to ¥103,337,656 from ¥101,893,661, reflecting a growth of 1.4%[21] Cash Flow - The net cash flow from operating activities was negative at RMB -15,450,431, indicating a significant cash outflow[4] - The financing activities generated a cash flow increase of 46.03%, attributed to business growth and increased financing needs[8] - The net cash inflow from financing activities was 19,945,297, up from 13,658,513 in the previous period, showing a significant increase[28] - The cash flow from operating activities was significantly impacted by cash payments to employees totaling 7,994,669, compared to 6,996,170 previously[26] Research and Development - Research and development expenses increased by 39.58%, primarily due to increased investment in technology[7] - The company invested RMB 12.87 billion in R&D during the reporting period, representing a year-on-year increase of 39.58%[15] - The company received 447 patent authorizations during the reporting period[15] Strategic Initiatives - The company is actively pursuing the construction of a world-class enterprise, with a focus on high-quality development and innovation[14] - Major industrial demonstration projects are progressing well, including the completion of the Anhui high-altitude wind power generation project[14] - The company has initiated the construction of the "East Data West Computing" integrated smart zero-carbon big data industrial park project in Gansu[15] - The company plans to raise up to RMB 15 billion through a private placement of A-shares to fund multiple projects, including the integrated green electricity demonstration project in Hami[15] Shareholder Information - The company reported a total of 449,752 ordinary shareholders at the end of the reporting period[9] - The largest shareholder, China Energy Construction Group Co., Ltd., holds 44.82% of the shares, totaling 18,686,568,022 shares[9]