GONGNIU(SH:603195)2023-04-27 16:00Financial Performance - The total revenue for Q1 2023 was RMB 3,334,141,811.90, representing an increase of 8.31% compared to the same period last year[4]. - The net profit attributable to shareholders was RMB 735,953,763.11, reflecting a growth of 14.74% year-over-year[4]. - Basic earnings per share for the period was RMB 1.23, up by 14.95% from the same quarter last year[4]. - Total operating revenue for Q1 2023 reached ¥3,334,141,811.90, an increase of 8.3% compared to ¥3,078,423,636.94 in Q1 2022[16]. - Net profit for Q1 2023 was ¥735,664,087.87, representing a 14.9% increase from ¥640,320,044.66 in Q1 2022[17]. - Basic earnings per share for Q1 2023 were ¥1.23, compared to ¥1.07 in Q1 2022, reflecting a growth of 15%[18]. - The total profit for Q1 2023 was ¥871,704,544.04, an increase of 13.9% compared to ¥765,681,790.43 in Q1 2022[17]. Cash Flow - The net cash flow from operating activities reached RMB 1,439,163,828.60, a significant increase of 231.88% compared to the previous year[4]. - The company's cash and cash equivalents reached RMB 5,385,795,427.91, up from RMB 4,611,966,169.54 in December 2022, indicating an increase of about 16.73%[13]. - The company experienced a net cash inflow from operating activities of ¥1,439,163,828.60, significantly higher than ¥433,646,077.61 in Q1 2022[19]. - Cash inflow from investment activities totaled $2,233,910,800.85, a decrease of 34.0% compared to $3,382,369,500.40 in the previous year[20]. - Cash outflow from investment activities was $2,965,471,692.33, down from $3,300,178,402.55, resulting in a net cash flow from investment activities of -$731,560,891.48[20]. - The net increase in cash and cash equivalents was $722,287,801.91, compared to $1,002,256,062.46 in the same period last year[20]. Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 17,860,549,194.41, an increase of 7.27% from the end of the previous year[5]. - The equity attributable to shareholders was RMB 13,157,135,425.19, which is a 6.12% increase compared to the previous year[5]. - The total current liabilities increased to RMB 4,524,683,635.97 from RMB 4,085,645,349.65, representing a rise of approximately 10.74%[14]. - The company's total liabilities amounted to RMB 4,686,344,977.51, an increase from RMB 4,235,133,055.62, indicating a growth of approximately 10.63%[15]. - The company's inventory decreased to RMB 971,206,814.66 from RMB 1,285,218,456.09, showing a decline of approximately 24.43%[13]. - The company's short-term borrowings stood at RMB 869,065,312.48, slightly up from RMB 845,374,749.03, reflecting an increase of about 2.00%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,815[9]. - The largest shareholder, Ningbo Liangji Industrial Co., Ltd., held 324,000,000 shares, representing 53.90% of the total shares[9]. Other Information - Non-recurring gains and losses totaled RMB 90,515,921.50 for the quarter[7]. - The company reported a significant decrease in material procurement costs, contributing to the increase in cash flow from operating activities[8]. - The company has not provided specific guidance or outlook for future performance in the available documents[11]. - There are no new product developments or market expansion strategies mentioned in the current report[11]. - Research and development expenses for Q1 2023 totaled ¥128,814,538.91, up from ¥111,983,090.40 in Q1 2022, indicating a focus on innovation[16]. - The company reported a decrease in sales expenses to ¥212,500,626.15 from ¥161,545,189.90, suggesting improved cost management[16]. - Other comprehensive income after tax for Q1 2023 was -¥1,136,021.95, slightly improved from -¥1,167,240.21 in Q1 2022[17].