CAERI(SH:601965)2023-04-21 16:00Financial Performance - The company reported a revenue of RMB 707,045,125.22 for Q1 2023, representing a year-on-year increase of 26%[4] - Net profit attributable to shareholders was RMB 142,261,110.39, reflecting a growth of 9.52% compared to the same period last year[4] - The basic earnings per share for the period was RMB 0.15, up by 15.38% year-on-year[4] - The total operating revenue for Q1 2023 was ¥707,045,125.22, an increase of 25.98% compared to ¥561,142,114.93 in Q1 2022[15] - The net profit for Q1 2023 was CNY 157,274,733.48, an increase of 18.4% compared to CNY 132,877,002.92 in Q1 2022[16] - The total profit for Q1 2023 was CNY 181,909,678.80, compared to CNY 159,291,319.73 in Q1 2022, marking an increase of 14.2%[16] - The company's equity attributable to shareholders increased to ¥6,101,443,062.06 from ¥5,945,523,419.67, reflecting a growth of 2.63%[13] Cash Flow and Liquidity - The cash flow from operating activities was negative at RMB -97,775,676.98, indicating a significant change from the previous year[4] - The net cash flow from operating activities was negative CNY 97,775,676.98, an improvement from negative CNY 172,949,448.82 in Q1 2022[19] - The cash and cash equivalents decreased to ¥1,664,214,048.14 from ¥1,798,751,982.78, a decline of 7.47%[11] - The cash and cash equivalents at the end of Q1 2023 stood at CNY 1,570,159,840.79, down from CNY 1,093,223,458.91 at the end of Q1 2022[20] - The cash outflow from investing activities was CNY 111,030,745.56, compared to CNY 117,974,837.76 in Q1 2022, indicating a decrease of 5.9%[19] - The cash inflow from financing activities was CNY 4,295,600.00, while cash outflow was CNY 17,151,274.87, resulting in a net cash flow from financing activities of negative CNY 12,855,674.87[20] Assets and Liabilities - The total assets at the end of the reporting period were RMB 8,017,133,144.14, a slight decrease of 0.29% from the end of the previous year[5] - The total assets as of March 31, 2023, were ¥8,017,133,144.14, slightly down from ¥8,040,610,162.58 at the end of 2022[14] - The total liabilities decreased to ¥1,653,832,617.33 from ¥1,839,430,018.68, a reduction of 10.09%[13] - The company reported a decrease in contract liabilities to ¥232,478,950.97 from ¥340,935,725.55, a decline of 31.8%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,071[7] - The weighted average return on equity was 2.43%, an increase of 0.03 percentage points compared to the previous year[4] Revenue Breakdown - The company’s automotive technology service business generated RMB 590 million in revenue, a 17.20% increase year-on-year, while the equipment manufacturing business saw a remarkable growth of 102.96% to RMB 117 million[5] Research and Development - Research and development expenses rose to ¥46,856,657.81, an increase of 49.5% from ¥31,342,725.71 in Q1 2022[15] Government Support - The company received government subsidies amounting to RMB 9,494,358.86 during the reporting period[6]