QA(SH:603758)2023-04-17 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 330,534,504.93, representing a decrease of 3.57% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 60,713,069.87, an increase of 48.85% year-on-year[5]. - The basic earnings per share for the period was CNY 0.14, reflecting a growth of 40.00% compared to the previous year[5]. - Total revenue for Q1 2023 was CNY 330,534,504.93, a decrease of 3.6% compared to CNY 342,758,816.48 in Q1 2022[18]. - Net profit for Q1 2023 reached CNY 60,713,069.87, representing a 48.9% increase from CNY 40,789,417.26 in Q1 2022[19]. - The company reported a comprehensive income total of CNY 64,033,290.18 for Q1 2023, compared to CNY 40,704,434.94 in Q1 2022[20]. - The basic and diluted earnings per share for Q1 2023 were both CNY 0.14, an increase from CNY 0.10 in Q1 2022[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -42,799,268.81, a decline of 129.25% year-on-year[5]. - Cash flow from operating activities was CNY 259,882,670.83 in Q1 2023, a significant decrease from CNY 465,905,489.82 in Q1 2022[21]. - The company experienced a net decrease in cash and cash equivalents of -68,760,223.16 in Q1 2023, contrasting with an increase of 112,703,645.44 in Q1 2022[23]. - The company reported a significant decrease in cash received from operating activities related to business operations, totaling 3,347,908.58 compared to 27,539,223.25 in Q1 2022[22]. - Total cash inflow from operating activities was 263,230,579.41, down from 493,444,713.07 in the same period last year[22]. - Cash outflow for operating activities totaled 306,029,848.22, compared to 347,117,915.89 in Q1 2022[22]. - The net cash flow from investing activities was -25,927,778.74, an improvement from -30,519,270.40 in Q1 2022[23]. - Cash inflow from investing activities was 3,374,061.22, down from 29,976,989.37 in the previous year[22]. - Cash outflow for investing activities was 29,301,839.96, reduced from 60,496,259.77 in Q1 2022[23]. - The net cash flow from financing activities was -3,092,775.00, with cash outflow for financing activities also at 3,092,775.00[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,207,017,232.23, an increase of 0.42% from the end of the previous year[6]. - The company's total liabilities decreased to CNY 482,779,044.87 as of March 31, 2023, down from CNY 531,776,425.54 at the end of 2022[18]. - The total equity attributable to shareholders increased to CNY 2,724,238,187.36, up from CNY 2,661,745,246.34 at the end of 2022[18]. - The company's current assets totaled CNY 1,970,283,595.65, up from CNY 1,954,894,651.49 at the end of 2022, indicating a growth of approximately 0.8%[16]. - The company's inventory decreased to CNY 263,290,840.52 from CNY 272,652,768.75, showing a reduction of approximately 3.4%[16]. - The accounts receivable stood at CNY 291,729,051.15, slightly down from CNY 296,123,153.39, indicating a decrease of about 1.5%[15]. - The company's long-term investments in fixed assets were valued at CNY 838,029,606.79, down from CNY 868,676,669.09, reflecting a decrease of approximately 3.5%[16]. - The company’s non-current assets totaled CNY 1,236,733,636.58, slightly down from CNY 1,238,627,020.39, indicating a marginal decline[16]. - The company's contract liabilities decreased to CNY 371,631.98 from CNY 485,696.40 at the end of 2022, indicating improved cash flow management[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,122[12]. - The largest shareholder, Yuanming Tang, holds 65.63% of the shares, totaling 287,998,169 shares[12]. - The company reported a total of 17,080,274 shares held in the repurchase account, accounting for 3.89% of the total share capital[14]. Other Information - The company reported a significant increase in receivables financing by 195.31%, attributed to an increase in bank acceptance bills[10]. - The company experienced a 100.53% increase in other comprehensive income due to increased floating profits from commodity hedging[10]. - The company's short-term borrowings and other liabilities were not detailed in the provided data, indicating a need for further clarification in future reports[15]. - The company has not disclosed any significant new product developments or market expansion strategies in the current report[15]. - Research and development expenses for Q1 2023 were CNY 6,789,403.53, down from CNY 8,359,537.84 in Q1 2022[19].