WXSJ(SH:603185)2023-05-09 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] - Basic earnings per share were ¥1.659, a decrease of 3.04% year-on-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 income for Q1 2023 reached CNY 761,119,420.22, compared to CNY 718,865,284.60 in the same period last year, indicating a year-over-year increase of about 5.5%[16] - 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 3.1%[16] Cash Flow and Assets - The net cash flow from operating activities was ¥105,607,883.88, down 83.82% compared to the previous year[4] - Cash flow from operating activities for Q1 2023 was CNY 105,607,883.88, a decrease from CNY 652,560,233.35 in Q1 2022[20] - Cash inflow from investment activities was CNY 5,302,451,589.22 in Q1 2023, up from CNY 4,707,776,321.97 in Q1 2022, showing an increase of approximately 12.6%[20] - The net cash flow from investment activities for Q1 2023 was CNY 585,108,072.99, a significant improvement compared to a net outflow of CNY 2,122,044,067.11 in Q1 2022[20] - The total cash and cash equivalents at the end of Q1 2023 amounted to CNY 3,785,602,567.01, compared to CNY 2,099,236,990.17 at the end of Q1 2022, reflecting a growth of approximately 80.5%[21] - Cash and cash equivalents increased to CNY 5,387,243,673.76 from CNY 4,528,826,107.23 year-over-year, representing a growth of 19%[12] - Total assets increased to ¥22,704,218,049.21, up 7.94% from the end of the previous year[5] - Total assets reached CNY 22,704,218,049.21, up from CNY 21,034,081,384.47, indicating a growth of 7.9%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period was 78,886[9] - Major shareholder Yang Jianli holds 34.44% of the shares, totaling 141,495,179 shares[9] Operating Costs and Expenses - Total operating costs for Q1 2023 were CNY 2,949,907,837.49, down 42.3% from CNY 5,105,571,416.91 in Q1 2022[15] - The company incurred research and development expenses of CNY 158,290,726.13 in Q1 2023, a decrease from CNY 291,831,983.18 in Q1 2022[16] Liabilities and Equity - Total liabilities increased to CNY 9,462,119,001.89 from CNY 8,498,500,036.62, a rise of 11.4%[14] - Non-current assets totaled CNY 12,200,875,925.01, an increase from CNY 10,952,345,330.87, representing a growth of 11.4%[13] - The company’s retained earnings increased to CNY 5,639,596,344.19 from CNY 4,962,755,562.10, showing a growth of 13.6%[14] Other Financial Information - Non-recurring gains and losses totaled ¥131,892,510.17, with government subsidies contributing ¥54,802,282.17[6] - The decline in operating revenue was primarily due to a decrease in product prices caused by falling raw material costs[7] - The company reported a total operating cash inflow of CNY 2,977,794,457.25 for Q1 2023, compared to CNY 1,736,688,468.48 in Q1 2022, marking an increase of about 71.5%[20] Accounting and Reporting - The company has adopted new accounting standards starting in 2023, which may affect the financial statements[22] - The first quarter report was announced on April 26, 2023, indicating a commitment to transparency in financial reporting[22] - The financial report does not specify any performance metrics or user data for the first quarter[22] - There are no details provided regarding future outlook or performance guidance in the report[22] - The report does not mention any new product or technology developments[22] - There is no information on market expansion or acquisitions in the current report[22] - The company has not outlined any new strategies in the financial report[22] - The report confirms that the financial statements have not been adjusted for the new accounting standards[22] - The company continues to focus on compliance with accounting regulations[22] - No specific financial figures or percentages are provided in the report[22]