SUNOREN(SH:603105)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥127,352,218.72, representing a year-on-year increase of 9.13%[2] - The net profit attributable to shareholders was ¥30,075,853.78, a significant increase of 180.05% compared to the same period last year[2] - Basic earnings per share were ¥0.06, reflecting a 200.00% increase from the previous year[2] - Operating profit for Q1 2023 was RMB 34,052,301.71, significantly higher than RMB 12,491,612.13 in Q1 2022, indicating a year-over-year increase of approximately 172.5%[13] - Net profit for Q1 2023 reached RMB 30,075,853.78, compared to RMB 10,739,414.22 in Q1 2022, reflecting a growth of around 179.5%[13] Cash Flow - The net cash flow from operating activities reached ¥37,938,582.67, marking a 191.65% increase year-on-year[2] - Cash flow from operating activities for Q1 2023 was ¥37,938,582.67, significantly higher than ¥13,008,040.05 in Q1 2022, marking an increase of approximately 191.5%[15] - The company incurred cash outflows for operating activities totaling ¥61,856,737.42 in Q1 2023, compared to ¥108,537,621.33 in Q1 2022, indicating a decrease of approximately 43%[15] - Total cash inflow from investment activities was ¥56,306,643.11 in Q1 2023, compared to ¥5,811,711.61 in Q1 2022, showing a substantial increase[16] - The company’s investment activities resulted in a net cash outflow of ¥109,101,517.03 in Q1 2023, compared to a net outflow of ¥63,472,079.61 in Q1 2022, reflecting an increase in investment expenditures[16] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥3,640,122,850.35, up 3.72% from the end of the previous year[3] - Total assets as of March 31, 2023, were RMB 3,640,122,850.35, compared to RMB 3,509,406,813.96 at the end of 2022, indicating a growth of about 3.7%[11] - Total liabilities increased to RMB 1,844,819,588.12 from RMB 1,744,179,405.51, reflecting an increase of approximately 5.8%[11] Shareholder Information - The total equity attributable to shareholders was ¥1,795,303,262.23, an increase of 1.70% from the previous year[3] - The company has a total of 36,885 ordinary shareholders as of the end of the reporting period[5] Government Subsidies and R&D - The increase in net profit was primarily driven by the expansion of the company's self-owned power station scale and a significant rise in photovoltaic power generation[4] - The company received government subsidies related to distributed photovoltaic power generation projects, amounting to ¥1,363,980.49[4] - The company reported R&D expenses of RMB 6,224,054.53 in Q1 2023, up from RMB 3,405,450.91 in Q1 2022, indicating an increase of about 83.1%[13]