SBGCL(SH:900923)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 9,486,840,567.09, representing a decrease of 7.77% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 211,574,472.21, an increase of 36.14% year-on-year[4]. - Basic and diluted earnings per share were both CNY 0.12, reflecting a growth of 33.33% compared to the previous year[4]. - Total operating revenue for Q1 2023 was ¥9,486,840,567.09, a decrease of 7.8% from ¥10,286,418,945.04 in Q1 2022[15]. - Net profit for Q1 2023 increased to ¥334,278,791.91, representing a growth of 21.1% compared to ¥276,048,677.44 in Q1 2022[16]. - Operating profit for Q1 2023 was CNY 20,347,753.41, a decrease of 73.9% from CNY 78,105,588.26 in Q1 2022[24]. - Net profit for Q1 2023 was CNY 20,763,777.73, down 73.4% from CNY 78,105,462.19 in Q1 2022[24]. Cash Flow - The net cash flow from operating activities reached CNY 2,934,018,062.24, showing a significant increase of 242.02%[4]. - Cash flow from operating activities for Q1 2023 was ¥2,934,018,062.24, significantly higher than ¥857,849,913.84 in Q1 2022[18]. - In Q1 2023, the company reported a net cash flow from operating activities of -16,403,869.93 RMB, an improvement from -54,406,541.52 RMB in Q1 2022[27]. - Total cash inflow from operating activities was 79,997,886.15 RMB, compared to 54,509,829.96 RMB in the same period last year, representing a 46.8% increase[27]. - The company reported a net cash outflow from financing activities of CNY 688,191,048.59 in Q1 2023[19]. - The company's cash flow from investing activities showed a net inflow of CNY 36,631,766.20 in Q1 2023, compared to a net outflow of CNY 233,530,142.48 in the same period last year[19]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 57,094,431,800.50, a decrease of 1.01% from the end of the previous year[4]. - The company's current assets totaled ¥25,773,953,760.99, slightly down from ¥25,895,105,795.82, indicating a decrease of about 0.47%[11]. - The total liabilities decreased to ¥36,606,947,315.35 from ¥37,621,077,326.33, marking a reduction of about 2.69%[13]. - Total assets as of March 31, 2023, were CNY 26,087,747,502.08, a decrease from CNY 27,118,056,138.33 at the end of 2022[20]. - Total liabilities decreased to CNY 7,713,731,107.01 as of March 31, 2023, from CNY 8,803,790,069.44 at the end of 2022[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 84,863[8]. - The largest shareholder, Bailian Group Co., Ltd., held 47.62% of the shares[8]. - The company's equity attributable to shareholders increased by 1.48% to CNY 17,860,126,119.76[4]. Comprehensive Income - Other comprehensive income after tax for Q1 2023 was ¥38,977,551.99, a recovery from a loss of ¥362,421,766.98 in Q1 2022[16]. - The company reported an increase in investment income to ¥15,345,307.57 in Q1 2023, compared to ¥18,864,610.74 in Q1 2022[15]. - Total comprehensive income for Q1 2023 was ¥373,256,343.90, compared to a loss of ¥86,373,089.54 in Q1 2022[16]. - The company's total comprehensive income for Q1 2023 was 59,750,326.18 RMB, compared to -284,316,304.79 RMB in Q1 2022, marking a substantial turnaround[25]. Inventory and Investments - The company's inventory decreased to ¥2,906,786,627.68 from ¥3,597,130,757.12, representing a significant drop of approximately 19.2%[11]. - The long-term investments increased to ¥1,216,477,943.04 from ¥1,185,572,869.07, indicating a growth of about 2.61%[12]. - The company’s investment cash inflow decreased significantly to 25,464,217.28 RMB from 209,756,081.25 RMB in the previous year, a decline of 87.9%[28]. Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[15].