Chuangli Group(SH:603012)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 465,284,093.96, representing a year-on-year increase of 19.07%[5] - The net profit attributable to shareholders for the same period was CNY 82,524,993.69, reflecting a growth of 3.15% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 78,308,193.32, which is an increase of 14.18% year-on-year[5] - The net profit for Q1 2023 was CNY 87,468,669.04, an increase of 12.3% compared to CNY 77,768,117.32 in Q1 2022[18] - The total revenue from operating activities was CNY 560,356,585.54, down 16.7% from CNY 673,042,409.57 in the same period last year[20] - The operating profit for Q1 2023 was CNY 100,551,328.43, an increase of 28.5% from CNY 78,242,099.04 in Q1 2022[18] Cash Flow - The net cash flow from operating activities was negative at CNY -28,195,116.37, a decline of 127.38% compared to the previous year[5] - The cash flow from operating activities showed a net outflow of CNY -28,195,116.37, compared to a net inflow of CNY 102,993,576.86 in Q1 2022[20] - The cash flow from investing activities generated a net inflow of CNY 10,686,302.43, a significant improvement from a net outflow of CNY -51,971,638.05 in the previous year[21] - The cash flow from financing activities resulted in a net inflow of CNY 5,124,870.27, down from CNY 147,386,551.31 in Q1 2022[21] - The total cash and cash equivalents at the end of Q1 2023 was 275,106,227.92, down from 464,496,505.36 at the end of Q1 2022[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,245,451,837.88, a slight decrease of 0.02% from the end of the previous year[6] - The total liabilities decreased to CNY 2,774,751,906.56 from CNY 2,871,355,708.84, a decline of 3.4%[16] - The total assets as of March 31, 2023, were CNY 6,245,451,837.88, slightly down from CNY 6,246,461,323.71 at the end of 2022[17] - The total liabilities as of January 1, 2023, were 2,696,265,167.98, with a slight increase in current liabilities compared to the previous period[33] - The total liabilities amounted to CNY 2,871,355,708.84, with a slight increase of CNY 163,496.65 compared to the previous period[34] Shareholder Information - The equity attributable to shareholders was CNY 3,320,502,288.92, which increased by 2.81% compared to the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 34,160[11] - The largest shareholder, Shanghai Jusheng Investment Co., Ltd., held 10.18% of the shares, with 66,345,866 shares pledged[11] - The total comprehensive income attributable to the parent company was CNY 82,527,841.10, slightly up from CNY 80,009,491.42 in the previous year[19] - The basic and diluted earnings per share remained stable at CNY 0.13 for both Q1 2023 and Q1 2022[19] Inventory and Receivables - Accounts receivable decreased to CNY 1,990,275,208.15 from CNY 2,076,209,119.55, a reduction of 4.1%[14] - Inventory increased to CNY 1,072,160,392.63, up 12.1% from CNY 956,285,598.76 at the end of 2022[15] - The company's inventory as of March 31, 2023, was RMB 634,813,470.71, an increase from RMB 578,101,098.45 at the end of 2022, indicating a rise of approximately 9.8%[23] Research and Development - Research and development expenses for Q1 2023 were RMB 22,007,494.56, compared to RMB 17,317,106.62 in Q1 2022, marking an increase of approximately 27.5%[25] Future Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[17]