Kingsoft Office(SH:688111)2023-04-19 16:00Financial Performance - The company achieved operating revenue of CNY 1,051,441,001.94, representing a year-on-year increase of 21.11%[4] - Net profit attributable to shareholders was CNY 267,286,859.36, up 6.58% year-on-year, while the net profit after deducting non-recurring gains and losses increased by 24.37% to CNY 250,491,196.14[4][6] - The diluted earnings per share remained at CNY 0.58, reflecting a year-on-year increase of 7.41%[5] - Total operating revenue for Q1 2023 reached ¥1,051,441,001.94, a 21.1% increase from ¥868,145,318.07 in Q1 2022[18] - Net profit for Q1 2023 was ¥265,530,140.83, compared to ¥255,612,913.25 in Q1 2022, reflecting a 3.6% increase[19] - Earnings per share for Q1 2023 were ¥0.58, up from ¥0.54 in Q1 2022[20] - Comprehensive income for Q1 2023 was ¥262,455,922.07, compared to ¥254,271,740.45 in Q1 2022[20] Cash Flow and Assets - The net cash flow from operating activities decreased by 18.05% to CNY 125,787,949.13[4] - Cash inflow from operating activities for Q1 2023 was CNY 1,104,588,462.95, a slight increase from CNY 1,070,196,648.94 in Q1 2022, representing a growth of approximately 3.2%[21] - Net cash flow from operating activities decreased to CNY 125,787,949.13 in Q1 2023 from CNY 153,488,735.85 in Q1 2022, reflecting a decline of about 18.0%[21] - Cash inflow from investment activities totaled CNY 1,192,530,976.73, while cash outflow was CNY 4,572,415,157.86, resulting in a net cash flow from investment activities of CNY -3,379,884,181.13, compared to CNY -399,165,739.30 in Q1 2022[22] - Total cash and cash equivalents at the end of Q1 2023 were CNY 3,751,719,344.88, down from CNY 996,712,129.79 at the end of Q1 2022[22] - The company's cash and cash equivalents decreased to ¥3,753,909,344.88 from ¥7,015,446,058.61, representing a decline of about 46.5%[15] - Total assets at the end of the reporting period were CNY 12,174,230,578.37, an increase of 0.97% compared to the end of the previous year[5] - The total current assets increased slightly to ¥9,800,497,019.93 from ¥9,775,316,168.50, indicating a growth of approximately 0.26%[15] Liabilities and Equity - The company's total liabilities decreased to ¥2,584,033,147.30 from ¥2,750,219,740.44, reflecting a decline of about 6.0%[16] - Total liabilities decreased to ¥3,066,415,676.85 in Q1 2023 from ¥3,259,285,626.60 in Q1 2022[17] - Total equity attributable to shareholders increased to ¥9,035,487,737.57 in Q1 2023 from ¥8,724,302,169.55 in Q1 2022[17] - The weighted average return on equity decreased by 0.18 percentage points to 3.01%[5] - The company's accounts payable rose to ¥351,726,637.06 from ¥306,304,743.18, marking an increase of around 14.8%[16] Research and Development - Research and development expenses totaled CNY 355,216,409.25, accounting for 33.78% of operating revenue, a decrease of 1.41 percentage points year-on-year[5] - Research and development expenses for Q1 2023 totaled ¥355,216,409.25, an increase from ¥305,480,154.28 in Q1 2022[18] Shareholder Information - The company reported a total of 243,000,000 shares held by Kingsoft WPS Corporation Limited, which is the largest shareholder[12] - There are no known related party transactions or agreements among the top shareholders, indicating a stable ownership structure[13] Other Information - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[14] - The company implemented new accounting standards starting January 1, 2023, which may affect financial reporting and asset recognition[23]