Shanghai Friendess(SH:688188)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥271,585,610.40, representing a year-on-year increase of 42.39%[5] - The net profit attributable to shareholders for the same period was ¥132,067,437.33, reflecting a growth of 28.52% compared to the previous year[5] - The net cash flow from operating activities reached ¥134,867,193.21, an increase of 44.14% year-on-year[5] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.90, an increase from CNY 0.73 in Q1 2022[21] - The company reported a total comprehensive income of CNY 139,103,489.38 for Q1 2023, compared to CNY 105,283,770.23 in Q1 2022, an increase of 32.1%[20] Research and Development - Research and development expenses totaled ¥40,489,812.76, which is an increase of 88.87% compared to the same period last year[6] - The proportion of R&D expenses to operating revenue was 14.91%, up by 3.67 percentage points year-on-year[6] - Research and development expenses for Q1 2023 were CNY 40,489,812.76, compared to CNY 21,437,580.27 in Q1 2022, indicating an increase of 88.9%[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,638,347,472.36, a 2.96% increase from the end of the previous year[6] - The company's cash and cash equivalents stood at RMB 2,364,727,113.97, up from RMB 2,310,542,581.33 at the end of 2022, indicating an increase of about 2.3%[15] - The total current assets reached RMB 4,155,642,106.93, compared to RMB 4,039,274,088.93 in the previous period, representing a growth of approximately 2.88%[16] - Total liabilities decreased to CNY 174,245,723.29 in Q1 2023 from CNY 200,053,769.67 in Q1 2022, representing a reduction of 12.9%[18] - Total current liabilities amounted to CNY 171,117,659.68 in Q1 2023, down from CNY 197,200,364.45 in Q1 2022, a decrease of 13.2%[18] Shareholder Information - The company reported a total of 5,401 common shareholders at the end of the reporting period[11] - The company reported a total of 10 major shareholders, with the largest shareholder holding 19.22% of the shares[12] - The top five shareholders did not participate in margin financing or securities lending activities[13] - The company has a total of 28,053,277 unrestricted circulating shares held by the largest shareholder[12] Business Growth and Strategy - The company experienced significant growth in business orders and optimized revenue structure, contributing to the increase in operating income[9] - The company is focused on maintaining its market position and exploring new strategies for growth in the upcoming quarters[14] Cash Flow and Investment Activities - In Q1 2023, the cash inflow from operating activities was approximately $342.24 million, an increase of 43.2% compared to $239.04 million in Q1 2022[22] - The cash inflow from investment activities totaled approximately $861.13 million, with a net cash outflow of $80.29 million, compared to a net outflow of $77.56 million in Q1 2022[23] - The company invested approximately $903.50 million in Q1 2023, significantly higher than $60.00 million in Q1 2022[23] - The company reported a cash inflow from sales of goods and services of approximately $303.21 million, up from $211.72 million in the previous year[22]