GATD(SH:688239)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 559,915,625.07, representing a year-on-year increase of 79.66%[4] - The net profit attributable to shareholders of the listed company was CNY 50,569,741.89, a decrease of 2.53% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was CNY 49,259,127.89, showing a negligible decrease of 0.02%[4] - The total operating profit for Q1 2023 was CNY 59,450,662.58, slightly up from CNY 58,524,998.50 in the same period last year[20] - In Q1 2023, the company reported a net profit of CNY 50,569,741.89, a decrease of 2.54% compared to CNY 51,883,323.83 in Q1 2022[18] - The basic and diluted earnings per share for Q1 2023 were both CNY 0.36, down from CNY 0.37 in Q1 2022[18] Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -103,551,524.74, which is not applicable for comparison[4] - The company experienced a net cash outflow from operating activities of CNY -103,551,524.74, worsening from CNY -76,999,346.12 in Q1 2022[21] - Cash and cash equivalents decreased to RMB 141,999,230.66 from RMB 326,366,883.45 at the end of 2022, a decline of about 56.6%[12] - Cash and cash equivalents at the end of Q1 2023 stood at CNY 101,331,248.62, down from CNY 121,129,035.89 at the end of Q1 2022[21] - The company’s total cash inflow from financing activities was CNY 184,649,200.00, a decrease from CNY 220,098,416.83 in Q1 2022[21] - The company reported a total investment loss of CNY -1,773,053.13, compared to a loss of CNY -1,134,633.24 in Q1 2022[20] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,255,908,321.88, an increase of 8.94% from the end of the previous year[5] - Current assets as of March 31, 2023, totaled RMB 2,173,905,876.26, up from RMB 1,982,084,456.34 at the end of 2022, reflecting a growth of approximately 9.7%[12] - Non-current assets amounted to RMB 1,082,002,445.62 as of March 31, 2023, compared to RMB 1,006,736,360.34 at the end of 2022, showing an increase of about 7.5%[13] - Total liabilities as of March 31, 2023, were RMB 1,919,928,599.68, up from RMB 1,742,270,735.95 at the end of 2022, indicating an increase of about 10.2%[14] - Shareholders' equity totaled RMB 1,335,979,722.20 as of March 31, 2023, compared to RMB 1,246,550,080.73 at the end of 2022, reflecting a growth of approximately 7.2%[14] Research and Development - The company's R&D investment totaled CNY 18,530,057.52, accounting for 3.31% of operating revenue, a decrease of 1.57 percentage points[5] - Research and development expenses increased to CNY 18,530,057.52, compared to CNY 15,209,196.92 in Q1 2022, reflecting a growth of 21.5%[20] Operational Insights - The company confirmed that the increase in operating revenue was primarily due to sufficient customer orders in the aviation and energy equipment sectors, leading to increased sales and expanded operational scale[6] - The company recognized share-based payment expenses of CNY 26,428,800, which impacted the net profit attributable to shareholders[6] - Total operating costs for Q1 2023 were RMB 472,476,103.59, compared to RMB 243,556,017.75 in Q1 2022, indicating an increase of about 94.0%[16] - The company’s sales revenue from goods and services received in cash was CNY 328,984,281.13, an increase from CNY 208,033,348.23 in Q1 2022, marking a growth of 58.1%[20] - Financial expenses rose to CNY 9,056,475.39, compared to CNY 4,196,394.81 in the previous year, indicating an increase of 116.5%[20] - The weighted average return on net assets was 3.95%, down by 0.92 percentage points[5] - The total number of ordinary shareholders at the end of the reporting period was 6,399[8]