CDG(SH:603018)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥872,716,672.08, representing a decrease of 4.83% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥95,054,673.51, showing an increase of 1.73% year-on-year[5]. - Total operating revenue for Q1 2023 was CNY 872,716,672.08, a decrease of 4.5% compared to CNY 917,007,642.00 in Q1 2022[18]. - Operating profit for Q1 2023 increased to CNY 112,236,739.89, compared to CNY 107,128,501.15 in Q1 2022, reflecting a growth of 4.2%[18]. - Net profit for Q1 2023 was CNY 112,276,166.31, slightly up from CNY 107,243,798.86 in Q1 2022, indicating a growth of 4.1%[18]. - The net profit for Q1 2023 was CNY 95,935,422.27, an increase from CNY 90,652,416.89 in Q1 2022, representing a growth of approximately 5.0%[19]. - The company’s total comprehensive income for Q1 2023 was CNY 95,935,422.27, compared to CNY 90,652,416.89 in Q1 2022, marking an increase of approximately 5.0%[19]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥203,132,614.39, indicating a significant cash outflow[5]. - The operating cash flow for Q1 2023 was CNY 1,524,427,356.62, compared to CNY 1,432,979,859.38 in Q1 2022, indicating an increase of about 6.4%[20]. - The net cash flow from operating activities was negative at CNY -203,132,614.39, an improvement from CNY -296,019,165.49 in the same period last year[20]. - The total cash and cash equivalents at the end of Q1 2023 stood at CNY 1,565,786,016.88, up from CNY 1,338,388,313.29 at the end of Q1 2022, reflecting a year-over-year increase of approximately 17.0%[21]. - Cash inflow from financing activities in Q1 2023 was CNY 104,900,000.00, down from CNY 120,863,800.00 in Q1 2022, a decrease of about 13.2%[21]. - The company’s cash flow from financing activities netted CNY 54,773,244.71 in Q1 2023, a significant improvement from CNY -49,290,541.52 in Q1 2022[21]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥11,403,492,292.92, down 3.73% from the end of the previous year[6]. - Total assets as of March 31, 2023, were CNY 11,403,492,292.92, down from CNY 11,845,161,397.67 at the end of 2022, a decrease of 3.7%[14]. - Total liabilities decreased to CNY 6,810,687,897.32 from CNY 7,362,632,050.91, a reduction of 7.5%[15]. - Cash and cash equivalents as of March 31, 2023, were CNY 1,616,691,163.22, down from CNY 1,726,103,681.20 at the end of 2022, a decline of 6.4%[13]. - Accounts receivable decreased to CNY 3,819,414,004.35 from CNY 4,007,950,976.43, a decrease of 4.7%[13]. - Inventory as of March 31, 2023, was CNY 300,438,374.36, down from CNY 312,163,729.11, a decline of 3.8%[13]. Shareholder Information - The company has a total of 21,111 common shareholders at the end of the reporting period[10]. - The top shareholder, Hong Kong Central Clearing Limited, holds 33,405,671 shares, accounting for 4.89% of the total shares[10]. Other Notable Information - The company did not report any significant new product developments or market expansion strategies during this quarter[12]. - The company reported a credit impairment loss of CNY 11,391,969.56 in Q1 2023, compared to CNY 3,776,559.94 in Q1 2022, indicating an increase in credit risk[18]. - Cash received from investment decreased by 90.17% compared to the same period last year, primarily due to last year's equity incentive payments[7]. - The company reported a 50.32% increase in accounts receivable due to an increase in bank acceptance bills received[7]. - The cash outflow for operating activities was CNY 1,727,559,971.01, slightly lower than CNY 1,728,999,024.87 in Q1 2022[20]. - The company achieved a cash inflow of CNY 22,985,539.10 from investment activities in Q1 2023, compared to CNY 69,297.00 in Q1 2022[21]. - The company reported a basic and diluted earnings per share of CNY 0.14 for Q1 2023, unchanged from Q1 2022[19]. - The weighted average return on equity decreased by 0.23 percentage points to 2.14%[5].