GXED(SH:900913)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥5,666,073,254.14, representing a year-on-year increase of 22.97%[4] - The net profit attributable to shareholders decreased by 32.66% to ¥116,883,036.55 compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥39,348,987.09, down 63.28% year-on-year[4] - Net profit for Q1 2023 was ¥106,920,976.52, a decrease of 31% from ¥155,719,939.72 in Q1 2022[18] - The company's basic and diluted earnings per share were both ¥0.08, a decrease of 38.46% compared to the previous year[4] - Earnings per share for Q1 2023 was ¥0.08, down from ¥0.13 in Q1 2022[18] - The company's net profit for Q1 2023 reached CNY 59,300,789.33, compared to CNY 30,919,153.63 in Q1 2022, representing a growth of 92.0%[27] - The company achieved an operating profit of CNY 60,265,143.01 in Q1 2023, up from CNY 31,033,256.63 in Q1 2022, reflecting a growth of 94.3%[27] Cash Flow and Assets - The net cash flow from operating activities was ¥628,394,318.77, with no applicable year-on-year comparison[4] - The net cash flow from operating activities for Q1 2023 was ¥628,394,318.77, a significant improvement from -¥223,046,289.28 in Q1 2022[21] - Total cash inflow from operating activities was ¥6,735,144,959.01, compared to ¥4,882,481,660.99 in the same period last year, representing an increase of approximately 37.6%[21] - The total assets at the end of the reporting period were ¥31,862,437,318.32, an increase of 2.50% from the end of the previous year[5] - The total assets of the company amounted to ¥31,862,437,318.32 in Q1 2023, compared to ¥31,084,376,229.98 in Q1 2022[16] - Cash and cash equivalents at the end of Q1 2023 were ¥3,802,973,172.77, compared to ¥3,793,183,225.10 at the end of Q1 2022, showing a slight increase[22] - The company's cash and cash equivalents reached RMB 4,930,695,161.65, up from RMB 4,192,487,177.73, indicating an increase of about 17.6%[13] - The total current assets amounted to RMB 8,914,051,117.20, an increase from RMB 7,916,757,204.55 as of December 31, 2022, representing a growth of approximately 12.6%[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 57,491[9] - The largest shareholder, Huaxin Gas Group Co., Ltd., held 46.15% of the shares, totaling 635,989,926 shares[9] - The top ten shareholders include Huaxin Gas Group Co., Ltd. with 342,659,492 shares, representing a significant portion of the company's equity[10] Research and Development - R&D expenses increased by 36.32% during the reporting period[7] - Research and development expenses for Q1 2023 were ¥2,090,572.31, compared to ¥1,533,632.95 in Q1 2022, indicating a 36% increase[17] Liabilities and Borrowings - The company's total liabilities increased to ¥27,636,741,152.32 in Q1 2023, compared to ¥26,978,561,524.85 in Q1 2022[16] - The total liabilities increased to ¥6,247,428,634.45 in Q1 2023 from ¥5,005,928,157.92 in Q1 2022, marking an increase of approximately 24.8%[25] - Short-term borrowings decreased to ¥5,925,157,660.54 from ¥7,288,598,874.96, a reduction of about 18.7%[14] - Long-term borrowings increased to ¥2,336,300,000.00 in Q1 2023 from ¥1,336,300,000.00 in Q1 2022, reflecting a growth of 75%[25] Investment Activities - The company reported an investment loss of ¥17,495,881.43 in Q1 2023, compared to a loss of ¥4,976,551.38 in Q1 2022[17] - The net cash flow from investing activities was negative at CNY -477,433,539.75 in Q1 2023, compared to a positive cash flow of CNY 416,853,075.83 in Q1 2022[29] Operational Highlights - The company reported no new strategies or product developments during the quarter, focusing on maintaining existing operations and financial stability[11] - The company has not made any changes to its stock holdings during the reporting period, maintaining its position in the market[12] - The company has engaged in securities lending, with a total of 536,100 shares lent out as of March 31, 2023[12]