固德威(688390) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 reached ¥1,719,259,184.63, representing a year-on-year increase of 164.59%[4] - Net profit attributable to shareholders was ¥336,407,103.33, showing a significant increase of 3,473.72% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥333,113,599.00, up 6,269.19% year-on-year[4] - Basic earnings per share were ¥2.73, reflecting an increase of 3,312.50% compared to the previous year[4] - Total operating revenue for Q1 2023 reached ¥1,719,259,184.63, a significant increase from ¥649,783,898.18 in Q1 2022, representing a growth of approximately 164%[18] - Net profit attributable to shareholders of the parent company for Q1 2023 was ¥336,407,103.33, compared to ¥9,413,357.48 in Q1 2022, indicating a substantial increase[20] - The company reported a comprehensive income total of ¥332,107,308.08 for Q1 2023, significantly higher than ¥7,506,903.99 in Q1 2022[21] - Basic earnings per share for Q1 2023 were ¥2.73, compared to ¥0.08 in Q1 2022, showing a significant improvement[21] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥6,431,212,585.99, a 10.91% increase from the end of the previous year[5] - As of March 31, 2023, the total current assets amounted to RMB 4,774,204,391.86, an increase from RMB 4,249,634,980.75 as of December 31, 2022, reflecting a growth of approximately 12.3%[14] - Total liabilities reached RMB 3,771,042,035.91, compared to RMB 3,517,625,527.67 at the end of 2022, marking an increase of about 7.2%[16] - The total assets and shareholders' equity as of March 31, 2023, amounted to ¥6,431,212,585.99 and ¥2,660,170,550.08 respectively, up from ¥5,798,746,253.67 and ¥2,281,120,726.00 as of December 31, 2022[17] - The company's total liabilities as of March 31, 2023, were ¥3,771,042,035.91, an increase from ¥3,517,626,527.67 as of December 31, 2022[17] Cash Flow - The company reported a net cash flow from operating activities of ¥107,478,995.84, attributed to increased sales collections during the reporting period[9] - In Q1 2023, the net cash flow from operating activities was $107.48 million, a significant improvement from a net outflow of $178.97 million in Q1 2022[23] - Cash flow from operating activities for Q1 2023 was ¥1,544,771,880.10, compared to ¥782,589,949.67 in Q1 2022, indicating a growth of about 97%[22] - The company reported a decrease in cash paid for operating activities, which was $84.49 million compared to $120.06 million in the same quarter last year[23] - The cash flow from operating activities showed a total outflow of $1.44 billion, compared to $961.56 million in Q1 2022[23] Research and Development - R&D investment totaled ¥98,362,938.71, which accounted for 5.72% of revenue, a decrease of 4.74 percentage points year-on-year[4] - Research and development expenses for Q1 2023 were ¥98,362,938.71, compared to ¥67,949,446.30 in Q1 2022, reflecting an increase of approximately 45%[18] Inventory and Receivables - Accounts receivable increased to RMB 847,011,361.39 from RMB 639,096,972.79, representing a growth of about 32.5% year-over-year[15] - Inventory as of March 31, 2023, was RMB 1,852,167,275.48, up from RMB 1,578,660,803.51, indicating an increase of approximately 17.2%[15] Financial Management - The financial expenses for Q1 2023 were reported at -¥3,303,645.31, a decrease from ¥9,564,758.70 in Q1 2022, indicating improved financial management[20] - The impact of exchange rate changes on cash and cash equivalents was a positive $4.08 million, contrasting with a negative impact of $5.05 million in the previous year[23]