CRM(SH:688396)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,346,333,968.99, representing a decrease of 6.67% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 380,362,091.29, down 38.59% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 336,095,952.92, a decline of 44.00% compared to the previous year[4] - The diluted earnings per share were CNY 0.2877, down 38.68% year-on-year[6] - Net profit for Q1 2023 was approximately ¥372.63 million, down 38.9% from ¥610.15 million in Q1 2022[19] - The company reported a total comprehensive income of approximately ¥373.10 million for Q1 2023, compared to ¥611.82 million in Q1 2022, a decline of 39.0%[19] Cash Flow - The net cash flow from operating activities was CNY 494,782,685.81, reflecting a decrease of 52.13% year-on-year[4] - Cash inflow from operating activities for Q1 2023 was approximately $2.18 billion, a decrease of 17.5% compared to $2.64 billion in Q1 2022[20] - The net cash flow from operating activities was $494.78 million, significantly lower than $1.03 billion in Q1 2022, marking a decline of 52%[20] - Cash received from tax refunds was $14.12 million, down from $30.61 million in Q1 2022, indicating a decrease of 53.8%[20] - Cash paid to employees increased to $511.70 million, up from $456.62 million in the previous year, reflecting an increase of 12%[20] - The net increase in cash and cash equivalents for Q1 2023 was approximately -$603.50 million, compared to -$431.62 million in Q1 2022[21] Research and Development - Total R&D expenditure reached CNY 267,200,184.57, an increase of 60.30% compared to the same period last year[6] - R&D expenditure accounted for 11.39% of operating revenue, up 4.76 percentage points year-on-year[6] - Research and development expenses increased to approximately ¥267.20 million in Q1 2023, up 60.3% from ¥166.69 million in Q1 2022[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 27,505,070,368.99, an increase of 3.96% from the end of the previous year[6] - As of March 31, 2023, the total assets of the company amounted to CNY 27,505,070,368.99, an increase from CNY 26,457,799,586.84 at the end of 2022, representing a growth of approximately 3.95%[14] - The company's current assets totaled CNY 16,382,982,352.74, slightly down from CNY 16,648,719,854.40, indicating a decrease of about 1.60%[15] - The total liabilities increased to approximately ¥6.37 billion in Q1 2023, compared to ¥5.76 billion in Q1 2022, reflecting a growth of 10.5%[17] - The total equity attributable to shareholders of the parent company rose to approximately ¥20.40 billion in Q1 2023, compared to ¥19.98 billion in Q1 2022, an increase of 2.09%[17] Operational Highlights - The company has not disclosed any significant new product launches or technological advancements during this quarter[13] - There were no updates on market expansion or mergers and acquisitions in the current report[13] - The company did not provide specific future guidance or performance outlook for the upcoming quarters[13] Other Financial Metrics - The weighted average return on equity was 1.8847%, a decrease of 1.63 percentage points compared to the previous year[6] - The company reported non-recurring gains of CNY 44,266,138.37 for the period[8] - The company's long-term equity investments reached CNY 1,505,588,702.36, up from CNY 1,498,480,562.75, marking a growth of approximately 0.74%[15] - The company reported a decrease in cash and cash equivalents to CNY 12,096,107,438.58 from CNY 12,699,610,047.17, a decline of about 4.76%[14] - The company's financial expenses for Q1 2023 included interest expenses of approximately ¥15.44 million, compared to ¥4.97 million in Q1 2022, reflecting an increase of 210.5%[18]