ACMSH(SH:688082)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥615,784,940.35, representing a year-on-year increase of 74.09%[5] - The net profit attributable to shareholders for Q1 2023 was ¥130,937,182.52, showing a significant increase of 2,937.19% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥108,611,727.02, reflecting a year-on-year increase of 360.26%[5] - The basic earnings per share for Q1 2023 was ¥0.30, which is an increase of 2,900.00% compared to the previous year[6] - Operating profit for Q1 2023 was ¥155,931,789.15, recovering from a loss of ¥1,970,992.27 in Q1 2022[22] - Net profit for Q1 2023 was ¥130,937,182.52, compared to a net profit of ¥4,311,124.71 in Q1 2022, indicating a strong turnaround[22] - The company reported a total comprehensive income of ¥129,515,764.61 for Q1 2023, compared to ¥4,148,249.87 in Q1 2022, showcasing substantial improvement[22] - Basic and diluted earnings per share for Q1 2023 were both ¥0.30, a significant increase from ¥0.01 in Q1 2022[22] Assets and Liabilities - The company's total assets at the end of Q1 2023 were ¥8,592,037,125.21, up 5.09% from the end of the previous year[6] - As of March 31, 2023, the company's total assets amounted to approximately CNY 8.59 billion, an increase from CNY 8.18 billion as of December 31, 2022, reflecting a growth of about 5.1%[16] - Total liabilities as of Q1 2023 amounted to ¥2,928,616,010.30, an increase from ¥2,651,530,764.53 in Q1 2022[19] - Shareholders' equity reached ¥5,663,421,114.91 in Q1 2023, up from ¥5,524,033,261.00 in Q1 2022, indicating a healthy growth in equity[19] Cash Flow - In Q1 2023, the company reported cash inflows from operating activities of RMB 705,242,098.69, an increase of 39.9% compared to RMB 503,593,199.56 in Q1 2022[24] - The net cash outflow from operating activities was RMB -246,665,999.42, worsening from RMB -125,521,330.78 in the same period last year[24] - Investment activities generated a net cash inflow of RMB 365,783,367.34, a significant improvement from a net outflow of RMB -1,022,709,814.03 in Q1 2022[25] - The company spent RMB 190,787,977.81 on investment activities, down from RMB 1,022,709,814.03 in the previous year[25] - Cash and cash equivalents at the end of Q1 2023 totaled RMB 1,657,783,030.99, compared to RMB 2,236,694,413.71 at the end of Q1 2022[25] - The company experienced a net increase in cash and cash equivalents of RMB 95,398,309.65 in Q1 2023, contrasting with a significant decrease of RMB -1,165,836,021.69 in Q1 2022[25] Research and Development - Research and development expenses totaled ¥97,706,187.37, which accounted for 15.87% of operating revenue, a decrease of 15.53 percentage points year-on-year[6] - Research and development expenses increased to ¥97,647,412.21 in Q1 2023, up from ¥80,465,511.74 in Q1 2022, reflecting the company's commitment to innovation[21] Market and Growth Strategy - The company reported a significant increase in order volume due to new customer acquisition and product recognition, contributing to high revenue growth[10] - The company plans to continue expanding its market presence and developing new products to sustain growth momentum[10] - The company has not disclosed any new product launches or technological advancements in the current quarter[15] - There is no indication of market expansion or mergers and acquisitions in the recent reports[15] - The company has not provided specific future guidance or performance outlook for the upcoming quarters[15] Other Financial Metrics - The weighted average return on equity increased by 2.25 percentage points to 2.34%[6] - The total cost of operations for Q1 2023 was ¥486,696,292.29, compared to ¥328,594,518.64 in Q1 2022, reflecting increased operational activities[21] - The company's cash outflow for employee compensation was RMB 94,238,338.33, significantly higher than RMB 41,667,608.40 in the previous year[24] - The company received RMB 68,854,973.20 in tax refunds, an increase from RMB 39,533,178.06 in Q1 2022[24] - The impact of exchange rate changes on cash and cash equivalents was a decrease of RMB -8,355,304.04 in Q1 2023, compared to RMB -2,454,170.75 in Q1 2022[25]