RTGF(SH:605133)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 437,032,670.95, representing a year-on-year increase of 23.76%[5] - The net profit attributable to shareholders for the same period was CNY 35,687,975.56, reflecting a growth of 4.82% compared to the previous year[5] - The net cash flow from operating activities was CNY 32,079,040.57, which is an increase of 7.37% year-on-year[5] - Total revenue for Q1 2023 reached ¥437,032,670.95, a 23.8% increase from ¥353,123,219.89 in Q1 2022[18] - The net profit for Q1 2023 was CNY 37,032,024.66, an increase from CNY 34,046,745.44 in Q1 2022, representing an increase of approximately 8.7%[19] - Operating profit for Q1 2023 reached CNY 41,022,662.92, compared to CNY 37,772,591.96 in the same period last year, reflecting a growth of about 5.3%[19] - Total revenue from sales of goods and services in Q1 2023 was CNY 313,750,561.89, up from CNY 246,129,453.94 in Q1 2022, indicating a growth of approximately 27.4%[21] - The company reported a total comprehensive income of CNY 47,600,986.78 for Q1 2023, compared to CNY 45,543,679.84 in Q1 2022, which is an increase of approximately 4.5%[20] Earnings and Shareholder Metrics - Basic earnings per share for Q1 2023 were CNY 0.22, an increase of 4.76% year-on-year[5] - The diluted earnings per share decreased by 4.76% to CNY 0.20 compared to the same period last year[5] - The basic earnings per share for Q1 2023 was CNY 0.22, compared to CNY 0.21 in Q1 2022, indicating a growth of approximately 4.8%[20] - The total number of common shareholders at the end of the reporting period was 16,072[9] Assets and Liabilities - Total assets at the end of Q1 2023 reached CNY 3,762,663,155.52, marking a 6.59% increase from the end of the previous year[6] - The equity attributable to shareholders was CNY 1,871,756,028.19, up by 2.35% from the previous year-end[6] - Cash and cash equivalents decreased to ¥497,297,981.80 as of March 31, 2023, down from ¥555,343,774.32 at the end of 2022, indicating a reduction in liquidity[14] - Accounts receivable increased to ¥567,417,476.23 from ¥535,250,280.57, suggesting a growing customer base or extended credit terms[14] - Inventory rose to ¥539,985,809.20 from ¥488,176,612.99, indicating potential stockpiling or increased production[14] - Non-current assets totaled ¥1,854,795,975.15 as of March 31, 2023, compared to ¥1,735,140,463.20 at the end of 2022, reflecting investment in long-term assets[15] - Total liabilities increased to ¥1,823,673,712.62 from ¥1,635,563,630.56, indicating a rise in financial obligations[16] - Shareholders' equity rose to ¥1,938,989,442.90 from ¥1,894,615,446.65, showing an increase in the company's net worth[16] Operational Costs and Expenses - Total operating costs for Q1 2023 were ¥400,621,962.71, up from ¥319,115,031.12 in Q1 2022, reflecting a significant rise in operational expenses[18] - Research and development expenses for Q1 2023 were CNY 20,811,167.47, up from CNY 14,039,834.50 in Q1 2022, marking an increase of about 48.5%[19] - The company incurred financial expenses of CNY -3,300,355.84 in Q1 2023, a significant improvement compared to CNY 6,182,734.97 in Q1 2022[19] Strategic Focus - The company is focusing on expanding its market presence and investing in new technologies to drive future growth[17] Profitability Metrics - The weighted average return on equity was 1.93%, a decrease of 0.11 percentage points from the previous year[5] - The company reported non-recurring gains and losses totaling CNY 5,109,562.46 for the quarter[7] - The company reported a gross profit margin improvement, with gross profit for Q1 2023 calculated at ¥37,410,708.24, compared to ¥33,315,188.77 in Q1 2022[18]