YANGYUAN(SH:603156)2023-04-21 16:00Financial Performance - The company's revenue for Q1 2023 was ¥2,228,868,121.09, representing an increase of 8.82% compared to the same period last year[4] - Net profit attributable to shareholders was ¥732,678,191.84, reflecting a significant increase of 39.92% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥612,061,371.76, up by 24.46% from the previous year[4] - The basic earnings per share for the period was ¥0.5790, which is a 39.92% increase compared to the same period last year[4] - The total operating revenue for Q1 2023 was CNY 2,228,868,121.09, an increase of 8.8% compared to CNY 2,048,198,838.16 in Q1 2022[16] - The net profit attributable to shareholders for Q1 2023 was CNY 7,471,780,270.80, compared to CNY 6,739,102,078.96 in Q1 2022, indicating a growth of 10.9%[15] - The net profit for Q1 2023 was CNY 732,678,413.78, representing a 39.9% increase compared to CNY 523,651,921.22 in Q1 2022[18] - The total comprehensive income for Q1 2023 was CNY 809,945,576.63, compared to CNY 493,913,798.79 in Q1 2022, reflecting a significant increase of 63.9%[19] - The company achieved a total profit of CNY 935,952,147.46 in Q1 2023, compared to CNY 697,464,094.26 in Q1 2022, which is an increase of 34.2%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,011,625,355.20, a slight decrease of 0.35% from the end of the previous year[5] - The total assets as of March 31, 2023, were CNY 15,011,625,355.20, slightly down from CNY 15,064,161,118.75 at the end of 2022[15] - The total liabilities decreased to CNY 2,683,559,741.84 in Q1 2023 from CNY 3,546,471,082.03 in Q1 2022, a reduction of 24.3%[14] - Shareholders' equity attributable to the parent company increased by 7.04% to ¥12,325,075,603.33[5] - The company's equity attributable to shareholders increased to CNY 12,325,075,603.33 in Q1 2023 from CNY 11,514,700,248.63 in Q1 2022, reflecting a growth of 7.0%[15] Cash Flow - The net cash flow from operating activities was negative at -¥415,890,733.49, indicating a significant change from the previous year[4] - The company reported a net cash flow from operating activities of CNY -415,890,733.49, an improvement from CNY -957,285,180.50 in Q1 2022[22] - The company's cash and cash equivalents as of March 31, 2023, were CNY 3,934,513,793.61, significantly higher than CNY 1,602,577,216.29 at the end of 2022[12] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 2,857,086,702.53, up from CNY 1,578,323,521.69 at the end of Q1 2022, showing a growth of 81.1%[23] - The cash inflow from investment activities was CNY 3,398,172,355.49, down from CNY 4,250,050,614.13 in Q1 2022, indicating a decrease of 20.1%[22] - The company reported a total cash outflow from financing activities of CNY 28,659,070.05 in Q1 2023, compared to CNY 0 in Q1 2022[23] Operational Metrics - The total operating costs for Q1 2023 were CNY 1,412,141,500.02, up from CNY 1,357,075,171.09 in Q1 2022, reflecting a year-over-year increase of 4.1%[16] - Accounts receivable increased to CNY 48,933,306.59 in Q1 2023 from CNY 30,354,034.61 in Q1 2022, showing a rise of 61.2%[13] - Inventory decreased to CNY 619,046,454.44 in Q1 2023 from CNY 638,289,265.81 in Q1 2022, a decline of 3.3%[13] - The company reported a decrease in sales expenses to CNY 189,269,530.45 in Q1 2023 from CNY 257,866,512.36 in Q1 2022, a reduction of 26.6%[16] Return on Equity - The weighted average return on equity increased by 2.03 percentage points to 6.15%[4] - Basic earnings per share for Q1 2023 were CNY 0.5790, compared to CNY 0.4138 in Q1 2022, marking a rise of 39.9%[19]