PNC(SH:603690)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was RMB 784,088,334.53, representing a year-on-year increase of 43.15%[3] - The net profit attributable to shareholders of the listed company reached RMB 62,679,660.26, marking a significant increase of 186.28% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 57,664,588.79, up by 48.96% year-on-year[3] - The basic earnings per share (EPS) for the period was RMB 0.197, reflecting an increase of 185.51%[3] - The diluted earnings per share (EPS) was RMB 0.196, which is an increase of 184.06% compared to the previous year[3] - The company achieved a net profit of RMB 79,225,511.15 in Q1 2023, compared to RMB 40,849,637.39 in Q1 2022, reflecting an increase of approximately 94.0%[31] - The net profit for Q1 2023 was $60.31 million, compared to $28.93 million in Q1 2022, representing a growth of 108%[49] - The net profit attributable to shareholders was $62.68 million, up from $21.89 million, indicating a significant increase of 186%[49] - The company reported a total comprehensive income of $60.12 million for the quarter, compared to $27.17 million in the same period last year[49] Cash Flow - The net cash flow from operating activities was RMB 206,615,181.42, with no applicable year-on-year comparison[3] - The net cash flow from operating activities was $206.62 million, a decrease from a negative $232.53 million[36] - The net cash flow from investing activities was negative $369.97 million, compared to negative $149.42 million in the previous period[36] - The net cash flow from financing activities increased to $465.59 million, up from $28.16 million[36] - Cash inflow from operating activities totaled CNY 1,145,405,014.90 in Q1 2023, compared to CNY 596,102,244.14 in Q1 2022, indicating a growth of approximately 92.2%[50] - Cash outflow from operating activities was CNY 938,789,833.48 in Q1 2023, compared to CNY 828,631,228.27 in Q1 2022, reflecting an increase of about 13.3%[50] Assets and Liabilities - The total assets at the end of the reporting period were RMB 10,777,508,944.49, an increase of 9.55% from the end of the previous year[18] - The total liabilities of the company reached RMB 5,992,361,740.45 as of March 31, 2023, up from RMB 5,128,688,683.52 at the end of 2022, reflecting an increase of approximately 16.8%[29] - The company's total current assets amounted to RMB 6,850,082,433.86, compared to RMB 5,970,983,657.46 at the end of 2022, marking a growth of about 14.7%[27] - The company's cash and cash equivalents increased to RMB 1,340,387,873.59 as of March 31, 2023, up from RMB 1,034,520,838.20 at the end of 2022, representing a growth of approximately 29.6%[27] - The company's inventory as of March 31, 2023, was RMB 2,067,915,039.73, compared to RMB 1,704,929,280.47 at the end of 2022, indicating an increase of about 21.3%[27] - The company’s total equity as of March 31, 2023, was RMB 4,785,147,204.04, compared to RMB 4,709,256,301.70 at the end of 2022, indicating a growth of approximately 1.6%[29] Research and Development - Research and development expenses for Q1 2023 were RMB 49,861,212.69, compared to RMB 34,772,134.88 in Q1 2022, showing an increase of about 43.4%[31] Orders and Investments - The company secured new orders worth RMB 2.1 billion in Q1 2023, with process equipment orders contributing RMB 212 million[25] - The company’s long-term equity investments increased to $277.24 million, up from $274.05 million[44] - The company’s short-term borrowings rose to $2.25 billion, compared to $1.98 billion in the previous period[44] Earnings and Taxation - Cash received from sales and services amounted to CNY 1,105,808,711.82 in Q1 2023, significantly higher than CNY 560,455,674.28 in Q1 2022, marking an increase of approximately 96.9%[50] - Cash received from tax refunds was CNY 1,296,332.66 in Q1 2023, down from CNY 6,187,830.18 in Q1 2022, showing a decrease of about 79.0%[50] - Cash paid to employees was CNY 101,605,884.13 in Q1 2023, compared to CNY 63,842,682.79 in Q1 2022, representing an increase of approximately 58.9%[50] - Total cash paid for taxes was CNY 102,940,574.00 in Q1 2023, up from CNY 81,913,166.97 in Q1 2022, indicating an increase of about 25.7%[50] - Other cash payments related to operating activities were CNY 101,014,151.73 in Q1 2023, compared to CNY 73,729,384.24 in Q1 2022, reflecting an increase of approximately 37.1%[50] Audit Status - The financial report for Q1 2023 is unaudited[55]