712 Corp.(SH:603712)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was RMB 472,426,069.83, representing a 15.28% increase compared to RMB 409,795,807.58 in the same period last year[4]. - Net profit attributable to shareholders was RMB 24,975,678.65, up 22.75% from RMB 21,489,193.98 year-on-year[4]. - The net profit after deducting non-recurring gains and losses increased by 56.08%, reaching RMB 20,768,970.00 compared to RMB 19,849,743.04 in the previous year[4]. - The net profit for Q1 2023 was CNY 28,513,909.94, an increase of 40.2% compared to CNY 20,346,363.64 in Q1 2022[18]. - Operating profit for Q1 2023 reached CNY 16,380,598.83, up 79.8% from CNY 9,106,459.84 in the same period last year[18]. - The company reported a total comprehensive income of CNY 28,513,909.94 for Q1 2023, compared to CNY 20,346,363.64 in Q1 2022[18]. Assets and Liabilities - The company's total assets at the end of Q1 2023 were RMB 9,636,441,261.64, a decrease of 1.90% from RMB 9,823,345,241.62 at the end of the previous year[5]. - Total liabilities as of March 31, 2023, were CNY 5,233,447,882.48, a decrease of 3.9% from CNY 5,448,865,772.40 at the end of 2022[15]. - The cash and cash equivalents decreased to CNY 594,912,126.23 from CNY 894,018,661.82 at the end of 2022, a decline of 33.5%[12]. - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 576,523,854.76, compared to CNY 155,777,611.95 at the end of Q1 2022[21]. Shareholder Information - The top shareholder, Tianjin Zhibo Intelligent Technology Development Co., Ltd., holds 370,167,500 shares, accounting for 47.95% of the total shares[9]. - The company reported a total of 23,179 common shareholders at the end of the reporting period[9]. Cash Flow - The net cash flow from operating activities was negative at RMB -402,351,939.65, compared to RMB -101,944,807.36 in the previous year, indicating a decline in cash inflow from sales[4][8]. - Cash flow from operating activities showed a net outflow of CNY -402,351,939.65, compared to CNY -106,976,520.39 in Q1 2022[20]. - The company incurred a total operating cash outflow of CNY 806,896,695.94 in Q1 2023, compared to CNY 671,228,140.77 in Q1 2022[20]. - Investment activities generated a net cash inflow of CNY 122,911,412.06 in Q1 2023, contrasting with a net outflow of CNY -109,644,897.65 in Q1 2022[21]. Revenue and Costs - Total operating revenue for Q1 2023 was CNY 472,426,069.83, an increase of 15.3% compared to CNY 409,812,157.14 in Q1 2022[17]. - Total operating costs for Q1 2023 were CNY 454,712,377.98, up 14.6% from CNY 396,832,296.49 in Q1 2022[17]. - Total revenue from sales and services received in Q1 2023 was CNY 372,987,712.93, down 29% from CNY 524,576,867.59 in Q1 2022[20]. Research and Development - Research and development expenses in Q1 2023 amounted to CNY 126,531,442.37, slightly increasing from CNY 125,848,959.26 in Q1 2022[17]. Other Financial Metrics - The weighted average return on net assets was 0.58%, an increase of 0.02 percentage points compared to 0.59% in the same period last year[4]. - The basic earnings per share for Q1 2023 was RMB 0.032, an increase of 23.08% from RMB 0.028 in the same period last year[4]. - The basic earnings per share for Q1 2023 was CNY 0.032, an increase from CNY 0.026 in Q1 2022[18]. - The company received government subsidies amounting to RMB 1,984,805.78 during the quarter, which are closely related to its normal business operations[7]. - Accounts receivable as of March 31, 2023, reached CNY 2,982,730,546.94, compared to CNY 2,758,441,590.71 at the end of 2022, reflecting a growth of 8.1%[14]. - Inventory as of March 31, 2023, was CNY 3,573,786,861.57, an increase from CNY 3,454,626,322.22 at the end of 2022, indicating a rise of 3.5%[14]. - The company reported a tax expense of CNY -12,153,721.68 for Q1 2023, compared to CNY -11,261,791.45 in Q1 2022[18].