Youngsun Intelligent(SH:603901)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥747,881,842.27, representing a year-on-year increase of 17.27%[5] - The net profit attributable to shareholders for Q1 2023 was ¥74,314,260.68, reflecting a growth of 34.46% compared to the same period last year[5] - The basic earnings per share for Q1 2023 was ¥0.16, an increase of 37.93% year-on-year[5] - Total revenue for Q1 2023 reached ¥747,881,842.27, an increase of 17.3% compared to ¥637,737,091.10 in Q1 2022[18] - Operating profit for Q1 2023 was ¥94,440,422.08, up 52.5% from ¥61,956,012.04 in Q1 2022[19] - Net profit for Q1 2023 amounted to ¥74,573,317.85, representing a 34.9% increase from ¥55,257,125.62 in Q1 2022[19] - Basic earnings per share for Q1 2023 were ¥0.16, compared to ¥0.12 in Q1 2022, reflecting a 33.3% increase[20] - The total comprehensive income for Q1 2023 was ¥74,561,324.03, compared to ¥55,042,499.27 in Q1 2022, indicating a 35.6% increase[20] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to ¥6,584,074,596.89, which is a 3.35% increase from the end of the previous year[6] - The company's current assets totaled RMB 4,402,406,363.84, compared to RMB 4,239,323,091.96 at the end of 2022, indicating an increase of about 3.86%[16] - Total liabilities as of March 31, 2023, were RMB 4,402,406,363.84, reflecting a slight increase from the previous period[16] - Total liabilities as of Q1 2023 were ¥3,867,488,138.02, compared to ¥3,731,131,207.31 in Q1 2022, indicating a 3.7% increase[18] - Non-current liabilities totaled ¥1,312,135,767.01 in Q1 2023, up from ¥1,054,522,465.95 in Q1 2022, marking a 24.5% increase[18] - The company's total equity reached ¥2,716,586,458.87 in Q1 2023, compared to ¥2,639,249,065.42 in Q1 2022, reflecting a 2.9% increase[18] Cash Flow - The net cash flow from operating activities for Q1 2023 was -¥151,423,033.62, indicating a significant cash outflow[5] - In Q1 2023, the cash inflow from operating activities totaled $723,182,703, an increase from $678,710,054 in Q1 2022, representing a growth of approximately 6.9%[22] - The net cash outflow from operating activities was -$151,423,033.62, improving from -$244,171,406.58 in the same period last year[22] - The cash inflow from investment activities was $16,278,146.25, significantly higher than $1,876,438.06 in Q1 2022[23] - The net cash outflow from investment activities was -$76,835,678.87, an improvement from -$195,821,884.47 year-over-year[23] - The cash inflow from financing activities was $323,200,000, slightly down from $360,809,801.91 in Q1 2022[23] - The net cash flow from financing activities was $208,248,223.75, compared to $299,479,060.83 in the previous year, indicating a decrease of approximately 30.5%[23] - The ending cash and cash equivalents balance was $962,351,203.25, up from $541,954,832.70 at the end of Q1 2022[23] - The company reported a cash increase of $20,640,566.53 in Q1 2023, an improvement from a decrease of $140,949,631.55 in Q1 2022[23] Investments and Expenses - Research and development expenses for Q1 2023 were ¥52,921,580.31, an increase of 16.4% from ¥45,465,006.54 in Q1 2022[19] - The company reported an investment income of ¥5,318,550.64 in Q1 2023, compared to a loss of ¥372,686.96 in Q1 2022[19] - The company experienced a 108.1% increase in financial expenses year-to-date, mainly due to increased bank borrowings and amortization of convertible bond interest[9] - The company reported a decrease in short-term borrowings to RMB 437,263,210.54 from RMB 463,506,350.29, a reduction of about 5.24%[16] - The company’s long-term equity investments decreased to RMB 9,035,855.66 from RMB 9,541,040.95, a decline of about 5.29%[16] - The company’s goodwill remained relatively stable, with a slight decrease from RMB 207,843,255.44 to RMB 206,680,494.59[16]