2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was approximately 809.36 million RMB, representing a year-on-year increase of 4.33%[4] - The net profit attributable to shareholders was approximately 188.26 million RMB, a decrease of 19.18% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately 180.07 million RMB, down 20.42% year-on-year[4] - Total operating revenue for Q1 2023 was CNY 809,356,915.84, an increase from CNY 775,796,660.96 in Q1 2022, representing a growth of approximately 4.5%[20] - Net profit for Q1 2023 was CNY 194,533,485.13, down from CNY 238,180,764.62 in Q1 2022, reflecting a decrease of approximately 18.4%[22] - The total comprehensive income for Q1 2023 was CNY 194,538,275.89, compared to CNY 237,967,045.53 in Q1 2022, reflecting a decrease of approximately 18.2%[23] Research and Development - R&D investment totaled approximately 286.90 million RMB, an increase of 44.45% year-on-year, accounting for 35.45% of operating revenue, up 9.85 percentage points[5] - Research and development expenses rose to CNY 219,344,606.32 in Q1 2023, compared to CNY 168,652,941.66 in Q1 2022, marking an increase of about 30.0%[22] Assets and Liabilities - The company's total assets at the end of the reporting period were approximately 6.95 billion RMB, an increase of 13.80% from the end of the previous year[5] - The total liabilities as of Q1 2023 amounted to CNY 1,576,828,570.96, up from CNY 957,718,676.14 in Q1 2022, which is an increase of approximately 64.5%[19] - The company's total liabilities and equity as of Q1 2023 totaled CNY 6,954,233,213.47, up from CNY 6,110,888,054.09 in Q1 2022, representing an increase of about 13.8%[19] Cash Flow - The net cash flow from operating activities was -524.98 million RMB, primarily due to increased cash payments for goods purchased to ensure supply chain security[10] - In Q1 2023, the company's operating cash inflow totaled ¥641,002,729.28, a decrease of 29.3% from ¥906,389,290.68 in Q1 2022[25] - The total cash outflow from operating activities in Q1 2023 was ¥1,165,986,291.20, compared to ¥728,375,564.07 in Q1 2022, representing an increase of 60.1%[25] - The net cash flow from operating activities in Q1 2023 was -¥524,983,561.92, contrasting with a positive cash flow of ¥178,013,726.61 in Q1 2022[25] - Cash inflow from investment activities in Q1 2023 was ¥225,683,029.78, up from ¥183,401,507.26 in Q1 2022, marking an increase of 23.1%[25] - The net cash flow from investment activities in Q1 2023 was -¥294,342,943.05, compared to -¥75,858,075.46 in Q1 2022, indicating a decline in investment performance[25] - Cash inflow from financing activities in Q1 2023 was ¥330,563,472.36, significantly higher than ¥23,124,235.84 in Q1 2022, reflecting a growth of 1,328.5%[26] - The net cash flow from financing activities in Q1 2023 was ¥323,231,185.34, compared to ¥17,478,430.17 in Q1 2022, showing a substantial increase[26] Shareholder Information - The company had a total of 23,868 common shareholders at the end of the reporting period[11] - The company has a significant number of shareholders, with 23,857 A-share holders and 11 H-share holders as of the report date[14] - The top ten unrestricted shareholders hold a total of 284,204,990 shares, with the largest being Hong Kong Central Clearing Limited[12] Inventory and Receivables - The inventory value rose significantly to ¥2,283,583,401.62 from ¥1,483,264,548.04, reflecting an increase of approximately 53.9% year-over-year[17] - The accounts receivable increased to ¥913,802,407.04 from ¥730,204,276.92, marking a growth of approximately 24.9%[17] Other Financial Metrics - The comprehensive gross margin for the reporting period was 66.77%, an increase of 3.18 percentage points year-on-year[5] - Basic earnings per share for Q1 2023 were CNY 0.23, down from CNY 0.29 in Q1 2022, indicating a decrease of approximately 20.7%[23] - The company reported a credit impairment loss of CNY 20,782,856.27 in Q1 2023, compared to CNY 4,000,504.13 in Q1 2022, which is an increase of about 419.6%[22] Tax and Refunds - The company received tax refunds of ¥9,696,496.64 in Q1 2023, slightly up from ¥9,022,427.25 in Q1 2022, indicating a modest increase of 7.5%[25] Strategic Developments - The report indicates that there are no significant new strategies or product developments mentioned in the provided content[15]