Autowell(SH:688516)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,039,021,240.36, representing a year-on-year increase of 66.27%[4] - The net profit attributable to shareholders for Q1 2023 was ¥221,241,685.03, reflecting a year-on-year increase of 107.42%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥210,012,340.81, up 110.85% year-on-year[4] - The basic and diluted earnings per share for Q1 2023 were both ¥1.43, representing a year-on-year increase of 32.41%[5] - Net profit for Q1 2023 was ¥216,253,947.75, representing a 113.1% increase from ¥101,478,687.09 in Q1 2022[19] - The company reported a profit before tax of ¥244,273,844.50 for Q1 2023, which is a 103.5% increase from ¥120,304,030.86 in Q1 2022[19] - The company’s total comprehensive income for Q1 2023 was ¥216,253,947.75, up from ¥101,478,687.09 in Q1 2022, indicating strong overall performance[20] Cash Flow - The net cash flow from operating activities was ¥74,784,249.96, an increase of 63.30% compared to the same period last year[5] - Cash inflow from operating activities in Q1 2023 totaled ¥996,458,034.81, an increase of 89.2% from ¥525,952,219.09 in Q1 2022[21] - The net cash flow from investment activities was ¥299,732,821.30, recovering from a negative cash flow of ¥125,947,577.54 in Q1 2022[22] - The total cash inflow from investment activities reached ¥2,369,021,343.12, significantly up from ¥957,707,254.66 in the same period last year[22] - The cash flow from financing activities resulted in a net outflow of ¥189,394,583.64, contrasting with a net inflow of ¥43,195,366.90 in the previous year[23] - The company's cash outflow for operating activities totaled ¥921,673,784.85, which is an increase from ¥480,157,890.12 in Q1 2022[22] Research and Development - Total R&D investment for Q1 2023 was ¥63,736,086.23, which is a 39.77% increase year-on-year[5] - The R&D investment accounted for 6.13% of operating revenue, a decrease of 1.17 percentage points compared to the previous year[5] - Research and development expenses for Q1 2023 amounted to ¥63,736,086.23, up 39.7% from ¥45,600,565.23 in Q1 2022[18] Assets and Liabilities - The total assets at the end of Q1 2023 were ¥9,511,246,393.12, an increase of 11.79% from the end of the previous year[5] - Total current assets increased to RMB 8.471 billion, up from RMB 7.665 billion in the previous year, reflecting a growth of approximately 10.52%[15] - Total liabilities amounted to RMB 6.819 billion, an increase from RMB 5.919 billion, representing a growth of approximately 15.19%[16] - The company's total equity reached ¥2,859,601,906.80, an increase from ¥2,784,989,414.44, showing a growth of 2.7%[26] Order and Backlog - The company signed new orders worth RMB 2.62 billion (including VAT) in the reporting period, representing an increase of 81.94% year-over-year[13] - As of March 31, 2023, the company had a backlog of orders totaling RMB 8.745 billion (including VAT), up 78.69% compared to the same period last year[13] Other Income and Expenses - Other income for Q1 2023 was ¥50,238,167.54, a substantial rise of 232.5% compared to ¥15,095,384.54 in Q1 2022[18] - The company reported a significant increase in other income, which rose to RMB 44,668,171.72 in Q1 2023 from RMB 14,866,992.44 in Q1 2022[27] - The financial expenses for Q1 2023 were RMB 2,350,914.38, a decrease from RMB 2,982,093.77 in Q1 2022[27] - The company experienced a credit impairment loss of RMB 14,929,701.30 in Q1 2023, compared to RMB 5,331,131.23 in Q1 2022[28]