CSICL(SH:601989)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 682,337.42 million, representing a year-on-year increase of 11.60% compared to CNY 611,425.30 million in the same period last year[4]. - The net profit attributable to shareholders of the listed company was CNY 6,642.40 million, up 15.96% from CNY 5,555.11 million in the previous year[4]. - The basic and diluted earnings per share were both CNY 0.003, compared to CNY 0.002 in the previous year[5]. - The weighted average return on equity increased to 0.08%, up 0.01 percentage points from 0.07% in the previous year[5]. - The company reported a non-recurring profit of CNY 5,542.58 million during the period, with various non-operating income and expenses included[9]. - The net profit for Q1 2023 was CNY 60,006,476.43, an increase of 37.0% compared to CNY 43,824,564.63 in Q1 2022[23]. - Total revenue for Q1 2023 reached CNY 80,206,517.12, up 34.4% from CNY 59,705,245.20 in the same period last year[23]. - The company's operating profit for Q1 2023 was CNY 78,198,212.70, representing a 41.1% increase from CNY 55,388,738.18 in Q1 2022[23]. Cash Flow - The net cash flow from operating activities was CNY -474,377.18 million, a decline from CNY -275,195.69 million in the same period last year, primarily due to uneven product payment collection and increased procurement expenditures[6]. - Cash flow from operating activities showed a net outflow of CNY -4,743,771,752.94, compared to a net outflow of CNY -2,751,956,945.92 in Q1 2022[27]. - The net cash flow from investment activities was CNY -9.85 billion, an improvement from CNY -56.48 billion in the same period last year[15]. - Cash inflow from investment activities was CNY 5,589,700,132.94, significantly higher than CNY 174,643,209.01 in the previous year[27]. - The cash outflow from financing activities was CNY 2,632,402,541.83, down from CNY 3,515,653,558.98 in Q1 2022[27]. - The net increase in cash and cash equivalents was -7,812,095,421.59 CNY, compared to -7,284,237,528.99 CNY in the previous year[28]. - The ending balance of cash and cash equivalents was 22,604,810,867.71 CNY, down from 27,649,066,962.80 CNY in the previous year[28]. - The beginning balance of cash and cash equivalents was 30,416,906,289.30 CNY, compared to 34,933,304,491.79 CNY in the previous year[28]. - The impact of exchange rate changes on cash and cash equivalents was 48,136,944.01 CNY, compared to 301,880,197.57 CNY in the previous year[28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,708,831.47 million, a decrease of 0.96% from CNY 18,889,737.45 million at the end of the previous year[5]. - The equity attributable to shareholders of the listed company was CNY 8,381,283.45 million, reflecting a slight increase of 0.39% from CNY 8,348,653.11 million at the end of the previous year[5]. - Total assets as of March 31, 2023, were CNY 187.09 billion, a decrease of 0.96% from CNY 188.90 billion at the end of 2022[14]. - Total liabilities decreased by 2.04% to CNY 102.68 billion from CNY 104.82 billion at the end of 2022[14]. - The company's total assets decreased to ¥187,088,314,678.95 in Q1 2023 from ¥188,898,734,035.98 in Q4 2022[21]. - Total liabilities decreased to ¥102,682,650,784.47 in Q1 2023 from ¥104,816,127,784.05 in Q4 2022[21]. - Long-term receivables decreased by 45.56% to CNY 597.41 million from CNY 1.10 billion at the end of 2022[14]. Research and Development - R&D expenses rose to CNY 214.75 million, a significant increase of 46.38% compared to CNY 146.71 million in Q1 2022[13]. - Research and development expenses increased to ¥214,752,659.33 in Q1 2023, compared to ¥146,709,227.52 in Q1 2022, marking a growth of 46.3%[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 594,291, with no preferred shareholders having restored voting rights[10]. - The equity attributable to shareholders increased to ¥83,812,834,455.08 in Q1 2023 from ¥83,484,563,418.40 in Q4 2022[19]. - The company's short-term borrowings decreased significantly to ¥2,875,004,994.45 in Q1 2023 from ¥4,573,696,854.86 in Q4 2022, a reduction of 37.1%[19]. - The contract assets increased to ¥4,080,004,971.11 in Q1 2023 from ¥3,822,047,221.59 in Q4 2022, indicating a growth of 6.7%[19]. - The company's total non-current liabilities decreased to ¥24,654,100,204.05 in Q1 2023 from ¥25,190,856,816.48 in Q4 2022[19]. Accounting Changes - The company has implemented new accounting standards effective January 1, 2023, which impacted the presentation of financial statements[6].