YUANLI(SH:603217)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥563,860,331.03, a decrease of 25.77% compared to the same period last year[2] - The net profit attributable to shareholders was ¥63,983,411.16, down 52.30% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥55,129,347.75, reflecting a decline of 57.24%[2] - Basic earnings per share were ¥0.31, a decrease of 51.86% compared to the previous year[2] - Total revenue for Q1 2023 was RMB 759,576,850.78, a decrease of 6.5% compared to RMB 563,860,331.03 in Q1 2022[15] - Net profit for Q1 2023 was RMB 63,983,411.16, down 52.3% from RMB 134,123,573.68 in Q1 2022[16] - Operating profit for Q1 2023 was RMB 75,598,301.29, compared to RMB 159,524,123.21 in Q1 2022, reflecting a decline of 52.7%[15] - Total comprehensive income for Q1 2023 was RMB 64,012,626.37, compared to RMB 134,084,097.40 in Q1 2022, indicating a significant decline[16] - Net profit for Q1 2023 was CNY 2.82 million, a significant decline of 93.9% from CNY 46.01 million in Q1 2022[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,654,522,582.37, an increase of 2.95% from the end of the previous year[3] - The equity attributable to shareholders increased to ¥3,068,284,103.33, up 2.26% from the previous year-end[3] - The company's current assets totaled CNY 2,458,782,285.61, compared to CNY 2,374,116,358.27 at the end of 2022, indicating an increase of about 3.5%[10] - The company's total liabilities rose to CNY 586,238,479.04 from CNY 549,499,645.27, marking an increase of about 6.7%[12] - Total assets as of March 31, 2023, were CNY 3.21 billion, an increase from CNY 3.11 billion at the end of 2022[24] - Total liabilities as of March 31, 2023, were CNY 829.71 million, up from CNY 724.77 million at the end of 2022[23] - The company's total equity as of March 31, 2023, was CNY 2.39 billion, slightly down from CNY 2.38 billion at the end of 2022[23] Cash Flow - The net cash flow from operating activities was ¥90,998,741.99, a decrease of 3.42% year-on-year[2] - Cash flow from operating activities for Q1 2023 was RMB 90,998,741.99, slightly down from RMB 94,222,119.50 in Q1 2022[18] - Operating cash flow for Q1 2023 was negative at CNY -58.10 million, compared to a positive CNY 56.86 million in Q1 2022[28] - Cash received from operating activities in Q1 2023 was CNY 439.46 million, an increase from CNY 389.86 million in Q1 2022[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,708[6] - The largest shareholder, Liu Xiuhua, holds 57.67% of the shares, totaling 120,063,602 shares[7] Research and Development - Research and development expenses increased to RMB 32,109,433.66 in Q1 2023, up 41.2% from RMB 22,740,166.62 in Q1 2022[15] - The company reported a decrease in research and development expenses to CNY 0 in Q1 2023, down from CNY 23.39 million in Q1 2022[25] Investment Activities - The company reported non-recurring gains of ¥8,854,063.41, primarily from investment income on financial products[4] - The company reported a net cash inflow from investing activities of RMB 400,340,969.51 in Q1 2023, up from RMB 228,977,536.35 in Q1 2022[19] - The net cash flow from investment activities was -$2,125,000 in Q1 2023, compared to a positive $6,378,503.71 in Q1 2022[29] - Total cash inflow from investment activities was $50,000,000 in Q1 2023, down from $122,788,933.79 in Q1 2022[29] - Cash outflow for investment activities totaled $52,125,000 in Q1 2023, compared to $116,410,430.08 in Q1 2022[29] Other Financial Metrics - The gross profit margin for Q1 2023 was approximately 1.3%, down from 12.5% in Q1 2022, reflecting increased costs[25] - Total operating costs for Q1 2023 were RMB 604,786,502.70, an increase of 21.1% compared to RMB 499,250,633.50 in Q1 2022[15] - The total liabilities to equity ratio stands at approximately 19.1%, indicating a relatively stable leverage position[12] - The company’s long-term investments remained unchanged at CNY 85,065,434.35[11] - The company’s short-term borrowings and other financial liabilities were not disclosed in the provided data, indicating a focus on maintaining liquidity and financial stability[12]