Lutian Machinery (SH:605259)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 424,237,222.61, representing an increase of 11.97% compared to the same period last year[6] - The net profit attributable to shareholders of the listed company reached CNY 51,323,209.23, marking a significant increase of 37.59% year-on-year[6] - Basic earnings per share (EPS) for the period was CNY 0.58, reflecting a growth of 38.10% year-on-year[6] - The net profit after deducting non-recurring gains and losses was CNY 49,351,258.73, an increase of 34.44% year-on-year[6] - Total operating revenue for Q1 2023 was CNY 424,237,222.61, an increase of 11.97% compared to CNY 378,897,965.78 in Q1 2022[17] - Net profit for Q1 2023 reached CNY 51,323,209.23, representing a 37.6% increase from CNY 37,301,528.48 in Q1 2022[18] - Earnings per share for Q1 2023 were CNY 0.58, compared to CNY 0.42 in Q1 2022, marking a 38.1% increase[18] Cash Flow - The net cash flow from operating activities was CNY 30,776,114.22, showing a remarkable increase of 220.33% compared to the previous year[6] - Cash flow from operating activities was CNY 406,785,333.36 in Q1 2023, up from CNY 349,538,946.56 in Q1 2022, indicating a growth of 16.3%[20] - The net cash flow from operating activities for Q1 2023 was $30,776,114.22, an increase from $9,607,745.04 in Q1 2022, representing a growth of approximately 220%[21] - Total cash inflow from operating activities reached $465,637,839.76, compared to $385,481,395.20 in the previous year, indicating a year-over-year increase of about 21%[21] - Cash outflow from operating activities was $434,861,725.54, up from $375,873,650.16, reflecting an increase of around 16%[21] - The company reported a net increase in cash and cash equivalents of $11,121,148.67 for the quarter, compared to $725,808.40 in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,142,879,154.45, a slight decrease of 0.21% from the end of the previous year[7] - The equity attributable to shareholders of the listed company increased to CNY 1,530,700,351.93, up by 3.49% from the previous year[7] - The total liabilities decreased to CNY 612,178,802.52 in Q1 2023 from CNY 668,221,480.59 in Q1 2022, a reduction of 8.4%[17] - The total non-current assets were reported at RMB 506,201,039.64, down from RMB 515,733,583.52, indicating a decrease of approximately 1.4%[14] - The total liabilities included accounts payable of RMB 386,369,461.17, which decreased from RMB 456,829,571.63, reflecting a reduction of about 15.4%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,885[11] - There are no significant changes in the shareholder structure or related party transactions reported during this period[13] Research and Development - Research and development expenses increased to CNY 16,102,944.46 in Q1 2023, compared to CNY 10,783,677.44 in Q1 2022, reflecting a rise of 49.0%[17] Government Subsidies - The company received government subsidies amounting to CNY 506,665.19, which are related to its normal business operations[8] Strategic Focus - The company is focusing on enhancing its product development and market expansion strategies in the upcoming quarters[13]