南网科技(688248) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥460,036,347.97, representing an increase of 88.49% compared to the same period last year[6] - Net profit attributable to shareholders was ¥30,366,322.31, showing a significant increase of 570.93% year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥29,486,378.06, which increased by 1,786.50% compared to the previous year[6] - Basic and diluted earnings per share were both ¥0.05, reflecting a 400.00% increase year-on-year[6] - Total operating revenue for Q1 2023 reached ¥460,036,347.97, a significant increase of 88.5% compared to ¥244,069,168.97 in Q1 2022[33] - Net profit for Q1 2023 was ¥30,366,322.31, compared to ¥4,525,995.43 in Q1 2022, reflecting a growth of 572.5%[39] - Basic earnings per share for Q1 2023 were ¥0.05, an increase from ¥0.01 in Q1 2022[39] - The company reported a financial income of ¥614,509.59 in Q1 2023, compared to a loss of ¥186,133.71 in Q1 2022[33] Cash Flow and Assets - The company's cash flow from operating activities was negative at -¥216,123,303.63, indicating a significant cash outflow[6] - In Q1 2023, the cash inflow from operating activities was CNY 306,793,978.04, compared to CNY 181,154,787.15 in Q1 2022, representing an increase of approximately 69.5%[40] - The net cash outflow from operating activities was CNY -216,123,303.63, slightly worse than CNY -210,994,922.76 in the same period last year[43] - Cash inflow from investment activities totaled CNY 668,614,509.59, while cash outflow was CNY 218,783,494.07, resulting in a net cash inflow of CNY 449,831,015.52[43] - The total cash and cash equivalents at the end of Q1 2023 amounted to CNY 2,053,378,276.99, compared to CNY 2,046,259,946.26 at the end of Q1 2022, showing a slight increase[45] - The company's current assets totaled CNY 3,255,354,117.31, a decrease from CNY 3,317,370,396.48 in the previous year[49] - The total assets decreased to ¥3,612,701,190.24 in Q1 2023 from ¥3,695,911,629.01 in Q1 2022, a decrease of approximately 2.3%[31] Research and Development - R&D expenses totaled ¥31,067,676.50, up by 49.23%, while the ratio of R&D expenses to operating revenue decreased to 6.75%, down by 1.78 percentage points[9] - Research and development expenses in Q1 2023 amounted to ¥31,067,676.50, up 49.2% from ¥20,818,478.29 in Q1 2022[33] - Research and development expenses rose to CNY 30,610,314.10 in Q1 2023, up from CNY 20,818,478.29 in Q1 2022, marking an increase of 47%[52] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,706[19] - Guangdong Power Grid Co., Ltd. holds 243,178,530 shares, accounting for 43.06% of total shares[19] - Southern Power Grid Industry Investment Group Co., Ltd. holds 93,121,470 shares, accounting for 16.49% of total shares[19] Liabilities and Equity - The total liabilities decreased to ¥993,093,367.73 in Q1 2023 from ¥1,106,670,128.81 in Q1 2022, a reduction of approximately 10.2%[31] - Total equity attributable to shareholders increased to ¥2,619,607,822.51 in Q1 2023 from ¥2,589,241,500.20 in Q1 2022, reflecting a growth of 1.2%[31] - The total liabilities decreased to CNY 979,006,657.16 from CNY 1,089,250,058.34 year-over-year, indicating a reduction of approximately 10.1%[49] - The total owner's equity increased to CNY 2,614,131,666.15 in Q1 2023 from CNY 2,582,514,651.92 in the previous period[50] Operational Insights - The company reported a significant increase in net profit due to the expansion of its operational scale and the completion of large energy storage projects[12] - The company expects continued growth in revenue and profitability driven by ongoing investments in R&D and market expansion strategies[12] - Total operating costs for Q1 2023 were ¥424,621,688.97, up 77% from ¥239,933,967.02 in Q1 2022[33] - Operating costs increased to CNY 341,873,701.66 in Q1 2023, up from CNY 182,624,687.06 in Q1 2022, reflecting a 87.5% rise[52] Inventory and Investments - Cash and cash equivalents are reported at 2,075,627,853.72 RMB, up from 1,841,481,219.19 RMB year-over-year[24] - Inventory increased to 560,625,058.00 RMB from 404,281,889.43 RMB year-over-year[24] - The company's inventory increased to CNY 556,196,270.83 from CNY 400,418,337.04, representing a growth of about 38.9%[49] - The long-term equity investments rose to CNY 75,799,297.05 from CNY 50,243,697.05, marking an increase of approximately 50.9%[49]