ZBOM(SH:603801)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 805,743,630.15, representing a year-on-year increase of 6.20%[5] - The net profit attributable to shareholders for the same period was CNY 51,540,162.47, with a slight increase of 0.49% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was CNY 43,321,156.03, reflecting an increase of 8.69% year-on-year[5] - The basic earnings per share for Q1 2023 was CNY 0.1653, reflecting a year-on-year increase of 0.90%[5] - The company reported a total profit of ¥64.90 million in Q1 2023, compared to ¥56.98 million in Q1 2022, marking an increase of approximately 14.5%[22] - Net profit for Q1 2023 was ¥51.54 million, compared to ¥51.29 million in Q1 2022, reflecting a year-over-year increase of 0.52%[22] Cash Flow and Liquidity - The net cash flow from operating activities showed a significant decline, amounting to -CNY 105,822,259.40, a decrease of 63.87% compared to the previous year[5] - The net cash flow from operating activities for Q1 2023 was -¥105.82 million, an improvement from -¥292.89 million in Q1 2022[25] - Cash and cash equivalents as of March 31, 2023, were RMB 561,942,126.35, down from RMB 704,753,959.43 at the end of 2022, representing a decrease of 20.2%[15] - Cash and cash equivalents at the end of Q1 2023 were ¥387.06 million, up from ¥327.69 million at the end of Q1 2022[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,522,844,031.43, down 4.41% from the end of the previous year[6] - Total assets as of March 31, 2023, amounted to RMB 5,522,844,031.43, a decrease from RMB 5,777,421,786.21 at the end of 2022, reflecting a decline of 4.4%[18] - Total liabilities as of March 31, 2023, were RMB 2,594,108,558.35, down from RMB 2,898,811,311.86 at the end of 2022, indicating a reduction of 10.5%[17] Shareholder Equity - The equity attributable to shareholders increased to CNY 2,928,735,473.08, marking a growth of 1.74% compared to the previous year[6] - The company’s equity attributable to shareholders as of March 31, 2023, was RMB 2,928,735,473.08, an increase from RMB 2,878,610,474.35 at the end of 2022, showing a growth of 1.7%[18] Profitability Metrics - Gross profit for Q1 2023 was RMB 39,957,258.05, compared to RMB 26,432,566.16 in Q1 2022, indicating a significant improvement in profitability[21] - The company reported a net profit margin improvement, with net profit for Q1 2023 showing a positive trend compared to the previous year[21] - The weighted average return on equity decreased by 0.19 percentage points to 1.77%[5] Inventory and Costs - Total operating costs for Q1 2023 were RMB 765,786,372.10, up from RMB 732,304,155.86 in Q1 2022, reflecting a year-over-year increase of 4.6%[21] - Inventory as of March 31, 2023, was RMB 332,813,414.35, an increase from RMB 305,055,829.74 at the end of 2022, reflecting a rise of 9.1%[16] Research and Development - R&D expenses for Q1 2023 were approximately ¥51.45 million, slightly down from ¥51.52 million in Q1 2022[22] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[21] Non-Recurring Items - The company reported non-recurring gains totaling CNY 8,219,006.44 for the quarter[8] - The company incurred a credit impairment loss of ¥10.12 million in Q1 2023, compared to a gain of ¥1.43 million in Q1 2022[22]