BYE(SH:603861)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥775,970,755.63, representing an increase of 84.41% compared to the same period last year[5] - The net profit attributable to shareholders was ¥34,967,423.64, with a basic earnings per share of ¥0.0802[5] - Total revenue for Q1 2023 reached CNY 775,970,755.63, a significant increase of 84.5% compared to CNY 420,784,906.00 in Q1 2022[17] - Net profit for Q1 2023 was CNY 33,275,814.66, a turnaround from a net loss of CNY 59,423,076.93 in Q1 2022[19] - Earnings per share for Q1 2023 were CNY 0.0802, compared to a loss per share of CNY 0.1252 in the previous year[19] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥8,430,360,501.68, a decrease of 0.94% from the end of the previous year[6] - Total assets as of March 31, 2023, amounted to CNY 8,430,360,501.68, a decrease from CNY 8,510,738,628.19 as of December 31, 2022, reflecting a decline of approximately 1.0%[13] - Current assets totaled CNY 4,173,012,891.26, down from CNY 4,368,397,212.95, indicating a decrease of about 4.5%[14] - Total liabilities as of March 31, 2023, were CNY 4,172,012,891.26, compared to CNY 4,368,397,212.95, indicating a decrease of about 4.5%[14] - The total liabilities decreased to CNY 5,387,241,610.52 in Q1 2023 from CNY 5,500,916,289.01 in Q1 2022, showing improved financial stability[16] Cash Flow - The net cash flow from operating activities was -¥55,525,853.20, indicating a cash outflow[5] - The company’s cash flow from operating activities showed a positive trend, indicating improved liquidity management[12] - The cash flow from operating activities for Q1 2023 showed positive trends, reflecting effective cash management strategies[19] - In Q1 2023, the net cash flow from operating activities was -55,525,853.20, an improvement from -226,276,068.28 in Q1 2022[21] - Cash inflow from operating activities totaled 1,000,395,804.71, up from 744,021,058.43 in the same period last year, representing a 34.5% increase[20] Investment and Income - The company reported a significant increase in other income by 43.31%, primarily due to increased government subsidies[8] - Investment income surged by 1,116.19%, mainly from the sale of part of the equity in Pingao shares[8] - The company reported an investment income of CNY 41,889,000.66 in Q1 2023, a significant increase from CNY 3,444,276.86 in Q1 2022[18] Equity - The equity attributable to shareholders increased by 1.25% to ¥2,822,935,094.54 compared to the end of the previous year[6] - The company’s total equity as of March 31, 2023, was CNY 4,258,347,610.42, up from CNY 4,142,341,415.24, reflecting an increase of about 2.8%[14] - The total equity attributable to shareholders increased to CNY 2,822,935,094.54 in Q1 2023, compared to CNY 2,788,006,007.62 in Q1 2022[16] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to enhance growth prospects[1] - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[12]