Eurocrane(SH:603966)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥444,156,119.71, representing a year-on-year increase of 36.36%[3] - The net profit attributable to shareholders was ¥23,526,953.51, reflecting an increase of 11.63% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥19,469,375.13, which is a 39.71% increase year-on-year[3] - The company experienced a significant increase in revenue and net profit due to business growth[6] - Total revenue for Q1 2023 was 28,900,281.90 CNY, an increase from 25,185,763.60 CNY in Q1 2022, representing a growth of approximately 10.8%[17] - Net profit for Q1 2023 reached 23,801,949.21 CNY, compared to 21,122,052.92 CNY in Q1 2022, marking an increase of about 12.7%[17] - The company reported a total comprehensive income of 25,291,468.24 CNY in Q1 2023, compared to 23,330,281.89 CNY in Q1 2022, an increase of about 8.4%[18] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥25,893,482.30, indicating a significant change[3] - Cash flow from operating activities showed a net outflow of -25,893,482.30 CNY in Q1 2023, an improvement from -54,488,405.54 CNY in Q1 2022[21] - Cash and cash equivalents decreased to RMB 350,916,493.66 from RMB 411,025,500.78, a decline of 14.6%[12] - Cash and cash equivalents at the end of Q1 2023 were 323,406,081.59 CNY, down from 462,767,906.30 CNY at the end of Q1 2022[22] - Investment activities resulted in a net cash outflow of -93,037,746.24 CNY in Q1 2023, an improvement from -205,930,764.63 CNY in Q1 2022[21] - Financing activities generated a net cash inflow of 58,562,061.09 CNY in Q1 2023, compared to 41,778,765.95 CNY in Q1 2022, indicating an increase of approximately 40.0%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,352,299,206.35, up 2.65% from the end of the previous year[3] - The total current assets as of March 31, 2023, amounted to RMB 2,149,490,461.78, up from RMB 2,085,170,741.54 as of December 31, 2022, reflecting a growth of 3.1%[12] - The total liabilities as of March 31, 2023, were RMB 1,879,051,687.37, compared to RMB 1,818,798,468.11 at the end of 2022, indicating an increase of 3.3%[14] - The total non-current assets as of March 31, 2023, were RMB 1,202,808,744.57, compared to RMB 1,180,625,637.15 at the end of 2022, showing an increase of 1.9%[13] - The total equity attributable to shareholders increased to RMB 1,467,722,150.10 from RMB 1,441,747,537.40, reflecting a growth of 1.8%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,519[7] - The largest shareholder, Jin Hongping, holds 22.71% of the shares, amounting to 68,214,037 shares[8] Operating Expenses - Operating expenses totaled 419,464,361.33 CNY in Q1 2023, up from 307,941,258.22 CNY in Q1 2022, indicating a rise of approximately 36.2%[17] - Research and development expenses were 15,070,755.12 CNY in Q1 2023, down from 18,840,257.76 CNY in Q1 2022, reflecting a decrease of about 20.0%[17] Return on Equity - The weighted average return on equity was 1.62%, unchanged from the previous year[3] - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[16]