WXSJ(SH:603185)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥3,512,722,016.51, representing a decrease of 38.09% compared to the same period last year[4] - Net profit attributable to shareholders was ¥676,840,782.09, showing an increase of 3.36% year-on-year[4] - The net cash flow from operating activities was ¥105,607,883.88, down 83.82% from the previous year[4] - Basic earnings per share were ¥1.659, a decrease of 3.04% compared to the same period last year[5] - Total revenue for Q1 2023 was CNY 3,512,722,016.51, a decrease of 38.1% compared to CNY 5,674,229,955.88 in Q1 2022[15] - Total operating costs for Q1 2023 were CNY 3,291,175,582.82, down 35.5% from CNY 5,105,571,416.91 in Q1 2022[15] - The company reported a net profit margin decline due to reduced revenue and increased costs, impacting overall profitability[15] - The net profit for Q1 2023 was CNY 676,840,782.09, an increase from CNY 654,827,052.68 in Q1 2022, representing a growth of approximately 3.2%[16] - Operating profit for Q1 2023 was CNY 761,119,420.22, compared to CNY 718,865,284.60 in Q1 2022, indicating an increase of about 5.5%[16] - Total revenue from operating activities reached CNY 2,904,837,888.41, up from CNY 1,599,593,542.44 in the same period last year, marking a growth of approximately 81.5%[18] Assets and Liabilities - Total assets increased to ¥22,704,218,049.21, up 7.94% from the end of the previous year[5] - Cash and cash equivalents increased to CNY 5,387,243,673.76 from CNY 4,528,826,107.23, representing a growth of 19% year-over-year[12] - Accounts receivable rose significantly to CNY 429,265,412.38 from CNY 81,683,051.29, marking a growth of 425%[12] - Inventory increased slightly to CNY 1,501,539,647.38 from CNY 1,473,831,453.88, reflecting a growth of 1.9%[12] - Non-current assets totaled CNY 12,200,875,925.01, an increase of 11.4% from CNY 10,952,345,330.87[13] - Total liabilities increased to CNY 9,462,119,001.89 from CNY 8,498,500,036.62, a rise of 11.4%[14] - Shareholders' equity rose to CNY 13,242,099,047.32 from CNY 12,535,581,347.85, indicating an increase of 5.6%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period was 78,886[9] - Major shareholder Yang Jianli held 34.44% of the shares, while the second-largest shareholder, Hang Hong, held 15.04%[9] Cash Flow - Cash flow from operating activities generated a net amount of CNY 105,607,883.88, a decrease from CNY 652,560,233.35 in Q1 2022[20] - Cash flow from investing activities showed a net inflow of CNY 585,108,072.99, a significant recovery from a net outflow of CNY -2,122,044,067.11 in the previous year[20] - The company reported a total cash and cash equivalents balance of CNY 3,785,602,567.01 at the end of Q1 2023, compared to CNY 2,099,236,990.17 at the end of Q1 2022, reflecting an increase of approximately 80.5%[21] Expenses - Research and development expenses for Q1 2023 were CNY 158,290,726.13, down from CNY 291,831,983.18 in Q1 2022, indicating a reduction of about 45.4%[16] - The company incurred financial expenses of CNY 10,165,892.15, which is lower than CNY 14,129,209.20 in the same quarter last year, showing a decrease of approximately 28.0%[16] Management and Reporting - The company has adopted new accounting standards starting in 2023, which may affect the financial statements[22] - The financial report was announced on April 26, 2023, indicating timely communication of financial performance[22] - The report does not specify any adjustments related to the new accounting standards, suggesting stability in financial reporting[22] - The company is led by Yang Jianli, with key financial oversight from Wang Yong and He Jiachun, indicating a structured management team[22] - There are no specific performance metrics or user data provided in the report, highlighting a lack of detailed operational insights[22] - Future outlook and performance guidance are not mentioned, indicating uncertainty in strategic direction[22] - No new products or technologies are discussed, suggesting a potential area for growth[22] - There is no mention of market expansion or acquisitions, which may imply a focus on current operations[22] - The report does not outline any new strategies, indicating a possible need for innovation[22] - The company has not disclosed any financial figures, limiting the analysis of performance trends[22]