Sugon(SH:603019)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was approximately CNY 2.298 billion, representing a year-on-year increase of 5.39% compared to CNY 2.176 billion in the same period last year[2]. - Net profit attributable to shareholders for Q1 2023 was approximately CNY 131 million, reflecting a 19.92% increase from CNY 114 million in the previous year[2]. - The basic earnings per share for Q1 2023 was CNY 0.09, up 12.50% from CNY 0.08 in the same period last year[3]. - The net profit for Q1 2023 was CNY 152.90 million, an increase of 50.2% compared to CNY 101.76 million in Q1 2022[16]. - Operating profit for Q1 2023 was CNY 195.96 million, representing a 42.8% increase from CNY 137.15 million in Q1 2022[16]. - Total revenue from operating activities decreased to CNY 2.16 billion, down 19.0% from CNY 2.66 billion in Q1 2022[20]. Assets and Liabilities - The total assets at the end of Q1 2023 were approximately CNY 31.276 billion, a decrease of 1.68% from CNY 31.810 billion at the end of the previous year[3]. - Total liabilities decreased to ¥13,353,822,195.56 from ¥14,069,585,752.92, a reduction of 5.1%[13]. - The company's equity attributable to shareholders increased to ¥17,177,202,210.17 from ¥17,017,389,480.03, reflecting a growth of 0.9%[13]. - Total current liabilities were reported at CNY 6,316,206,071.53[25]. - Total non-current liabilities amounted to CNY 7,753,379,681.39, reflecting a minor increase[26]. Cash Flow - The net cash flow from operating activities for Q1 2023 was negative CNY 225.87 million, compared to negative CNY 1.023 billion in the same period last year[3]. - The net cash flow from operating activities was negative at CNY -225.87 million, an improvement from CNY -1.04 billion in Q1 2022[21]. - Cash and cash equivalents as of March 31, 2023, amounted to ¥6,334,482,455.81, compared to ¥6,155,083,288.81 at the end of 2022, showing a growth of 2.9%[11]. - Cash and cash equivalents at the end of Q1 2023 stood at CNY 5.38 billion, slightly up from CNY 5.29 billion at the end of Q1 2022[21]. - Investment activities resulted in a net cash outflow of CNY -341.23 million, worsening from CNY -205.58 million in the previous year[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 179,721[8]. - The top ten shareholders held a combined 29.67% of the company's shares, with the largest shareholder holding 16.35%[8]. Research and Development - Research and development expenses rose to CNY 294.47 million, up 21.0% from CNY 243.30 million in the same period last year[16]. - Development expenditures increased to ¥1,935,718,551.86 from ¥1,637,204,007.12, marking a growth of 18.2%[12]. Operational Costs - Total operating costs for Q1 2023 were ¥2,218,317,309.54, up from ¥2,126,505,662.19 in Q1 2022, reflecting a year-over-year increase of 4.3%[15]. - The company incurred total sales expenses of CNY 119.19 million, an increase of 18.0% from CNY 100.94 million in Q1 2022[16]. Other Information - The company did not disclose any new product developments or market expansion strategies during the reporting period[10]. - There were no significant mergers or acquisitions reported in the first quarter of 2023[10]. - The company reported non-recurring gains and losses totaling approximately CNY 82.16 million for the period[6].