SQM(SH:688138)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥182,998,821.99, representing a year-on-year increase of 23.15%[5] - The net profit attributable to shareholders for the same period was ¥19,430,542.64, reflecting a growth of 46.34% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥15,191,815.25, which is an increase of 59.85% year-on-year[5] - Basic and diluted earnings per share were both ¥0.07, marking a 40.00% increase year-on-year[6] - Total operating revenue for Q1 2023 reached ¥182,998,821.99, an increase of 22.98% compared to ¥148,599,692.61 in Q1 2022[19] - Net profit for Q1 2023 was ¥19,430,542.64, representing a 46.51% increase from ¥13,277,426.67 in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was ¥55,125,529.62, showing a significant increase of 594.47% compared to the same period last year[6] - Cash flow from operating activities for Q1 2023 was ¥55,125,529.62, significantly higher than ¥7,937,777.92 in Q1 2022[22] - The company reported a total cash inflow from operating activities of ¥238,543,844.33 in Q1 2023, compared to ¥156,783,308.47 in Q1 2022[22] - The net cash flow from investment activities was -42,681,675.39, compared to -29,920,730.81 in the previous period, indicating a significant increase in cash outflow[23] - Cash flow from financing activities was -10,035,765.59, up from -1,312,077.40 in the previous period, reflecting increased financial obligations[23] - The net increase in cash and cash equivalents for the period was 1,906,126.69, contrasting with a decrease of -23,742,707.78 in the prior period[23] - The ending balance of cash and cash equivalents was 204,897,368.69, compared to 125,222,220.50 at the end of the previous period, showing a strong liquidity position[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,729,514,979.16, a decrease of 0.78% from the end of the previous year[6] - Total liabilities decreased to ¥428,309,313.84 in Q1 2023 from ¥461,260,605.22 in Q1 2022, reflecting improved financial health[19] - Total equity attributable to shareholders increased to ¥1,301,205,665.32 in Q1 2023 from ¥1,281,775,122.68 in Q1 2022, showing growth in shareholder value[19] - The total current assets as of March 31, 2023, amounted to RMB 611,770,008.80, a slight increase from RMB 606,176,507.16 as of December 31, 2022, reflecting a growth of approximately 0.26%[13] - Total non-current assets decreased to RMB 1,117,744,970.36 from RMB 1,136,859,220.74, a decline of about 1.68%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,372[10] - The weighted average return on equity was 1.50%, an increase of 0.40 percentage points compared to the previous year[6] Research and Development - Research and development expenses totaled ¥10,454,313.45, accounting for 5.71% of operating revenue, which is a decrease of 0.30 percentage points[6] - Research and development expenses increased to ¥10,454,313.45 in Q1 2023, up from ¥8,925,338.68 in Q1 2022, indicating a focus on innovation[19] Government Subsidies - The company received government subsidies amounting to ¥4,374,687.09, which are closely related to its normal business operations[7] Other Information - The company has not disclosed any significant new strategies or product developments during the reporting period[13] - The company has not adopted new accounting standards for the current year, maintaining consistency in financial reporting[24] - The impact of exchange rate fluctuations on cash and cash equivalents was -501,961.95, indicating a negative effect on liquidity[23]