Deye(SH:605117)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥2,084,721,951.30, representing a year-on-year increase of 147.88%[4] - Net profit attributable to shareholders was ¥588,816,014.50, reflecting a significant increase of 345.64% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥524,588,301.37, up by 336.51% year-on-year[4] - The basic and diluted earnings per share were both ¥2.46, an increase of 347.27% compared to the previous year[5] - Operating profit for Q1 2023 was ¥694,909,020.80, up from ¥148,675,229.09 in Q1 2022, reflecting a growth of 367.5%[20] - Net profit for Q1 2023 was ¥588,816,014.50, compared to ¥131,894,648.29 in Q1 2022, representing an increase of 345.0%[20] - The company reported a tax expense of ¥105,974,671.42 for Q1 2023, compared to ¥17,326,643.19 in Q1 2022, reflecting an increase of 512.5%[20] - The net profit attributable to the parent company for Q1 2023 was CNY 588,811,419.32, a significant increase from CNY 131,894,648.29 in Q1 2022, representing a growth of approximately 345%[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥10,176,723,330.46, a 19.62% increase from the end of the previous year[5] - Total assets increased to ¥10,176,723,330.46 in Q1 2023, up from ¥8,507,484,403.81 in Q1 2022, marking a growth of 19.6%[18] - Total liabilities rose to ¥5,577,413,540.68 in Q1 2023, compared to ¥4,417,634,146.77 in Q1 2022, an increase of 26.2%[18] - The total current assets reached RMB 8,397,891,426.57, up from RMB 6,760,076,249.23 at the end of 2022, indicating an increase of about 24.2%[16] - The company's fixed assets slightly increased to RMB 1,039,073,528.83 from RMB 1,031,121,928.77, showing a marginal growth of about 0.8%[16] - The total non-current assets amounted to ¥1,778,831,903.89 in Q1 2023, compared to ¥1,747,408,154.58 in Q1 2022, showing a slight increase of 1.8%[18] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥744,784,958.80, a decrease of 806.53% year-on-year[4] - Cash flow from operating activities for Q1 2023 was CNY 744,784,958.80, a turnaround from a negative cash flow of CNY -105,413,999.13 in Q1 2022[23] - Total cash inflow from operating activities reached CNY 1,760,590,483.23, compared to CNY 574,385,734.94 in the previous year, marking an increase of approximately 207%[23] - Cash outflow from operating activities was CNY 1,015,805,524.43, up from CNY 679,799,734.07 in Q1 2022, reflecting increased operational expenditures[23] - Cash flow from investing activities showed a net outflow of CNY -211,092,374.37, an improvement from CNY -381,447,575.39 in the same quarter last year[23] - Cash flow from financing activities generated a net inflow of CNY 778,144,035.47, compared to CNY 483,797,599.98 in Q1 2022, indicating stronger financing activities[24] - The total cash and cash equivalents at the end of Q1 2023 amounted to CNY 3,466,706,811.19, up from CNY 1,494,874,937.30 at the end of Q1 2022, showing a significant increase in liquidity[24] Research and Development - The company reported a 326.96% increase in R&D expenses, indicating a significant investment in research and development[10] - Research and development expenses for Q1 2023 were ¥115,696,296.47, significantly higher than ¥27,097,448.42 in Q1 2022, indicating a growth of 328.5%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 23,670[11] - The weighted average return on equity rose to 13.43%, an increase of 8.55 percentage points compared to the previous year[5] Market and Future Outlook - The company has not disclosed any new product launches or technological advancements during this reporting period[15] - There are no updates on market expansion or mergers and acquisitions in the current report[15] - The company has not provided specific future guidance or performance outlook in this quarter's report[15] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19]