Baosight(SH:900926)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥2,522,490,740.15, representing a year-on-year increase of 0.99% compared to ¥2,497,838,016.43 in the same period last year[5] - The net profit attributable to shareholders for Q1 2023 was ¥498,913,812.01, which is a 9.66% increase from ¥454,964,434.31 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥487,150,356.72, reflecting a 10.46% increase from ¥441,011,896.04 year-on-year[6] - Basic earnings per share for Q1 2023 were ¥0.255, down from ¥0.304 in the previous year, marking a decrease of 16.06%[6] - Net profit for Q1 2023 was CNY 513,085,018.60, up from CNY 466,072,067.88 in Q1 2022, indicating an increase of approximately 10%[19] - Earnings per share (EPS) for Q1 2023 was CNY 0.255, compared to CNY 0.234 in Q1 2022, showing an increase of about 9%[20] - The company reported a total comprehensive income of CNY 512,682,746.82 for Q1 2023, compared to CNY 463,998,907.28 in Q1 2022, indicating an increase of about 10.5%[20] Cash Flow - The cash flow from operating activities decreased significantly by 63.94%, amounting to ¥377,166,316.45 compared to ¥1,045,804,704.62 in the same period last year[6] - In Q1 2023, the net cash flow from operating activities was ¥377,166,316.45, a decrease of 64.1% compared to ¥1,045,804,704.62 in Q1 2022[22] - Total cash inflow from operating activities was ¥2,348,382,214.29, down 17.6% from ¥2,850,160,817.44 in the same period last year[22] - Cash outflow from operating activities increased to ¥1,971,215,897.84, compared to ¥1,804,356,112.82 in Q1 2022, reflecting a rise of 9.2%[22] - The company reported a total cash outflow from operating activities of ¥1,320,302,960.92, compared to ¥1,121,871,170.10 in the previous year, indicating an increase of 17.7%[30] - The total net increase in cash and cash equivalents for Q1 2023 was ¥963,716,076.43, compared to an increase of ¥1,109,645,113.44 in Q1 2022[30] Assets and Liabilities - Total assets at the end of Q1 2023 reached ¥20,763,854,694.10, an increase of 6.04% from ¥19,581,031,615.34 at the end of the previous year[6] - Total current liabilities amounted to CNY 3,750,477,177.15, compared to CNY 3,564,526,173.58, showing an increase of about 5.2%[15] - Total liabilities increased to CNY 9,528,544,947.95 from CNY 8,921,028,475.78, marking an increase of approximately 6.8%[18] - The total equity attributable to shareholders rose to CNY 10,502,559,172.03 from CNY 9,942,567,366.82, reflecting an increase of about 5.6%[18] - The total liabilities increased to ¥6,839,654,367.21 from ¥6,316,114,114.73, showing a growth of about 8.3%[24] - The total equity increased to ¥9,845,910,051.14 from ¥9,346,175,810.00, representing an increase of approximately 5.3% year-over-year[26] Shareholder Information - Total number of common shareholders at the end of the reporting period was 43,831[11] - The company had a total of 23,215 A-share shareholders and 20,616 B-share shareholders at the end of the reporting period[12] Research and Development - Research and development expenses for Q1 2023 were CNY 325,154,088.25, significantly higher than CNY 213,169,128.48 in Q1 2022, representing an increase of approximately 52.5%[19] - Research and development expenses rose significantly to ¥241,640,095.06 from ¥164,649,426.44, marking an increase of about 46.6% year-over-year[26] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company plans to continue its market expansion and invest in new technologies to drive future growth[20] Cash and Cash Equivalents - The company reported cash and cash equivalents of CNY 5,800,297,559.03, an increase from CNY 4,929,362,303.24 at the end of 2022[14] - The ending balance of cash and cash equivalents reached ¥5,756,910,976.34, up from ¥5,231,053,464.14 at the end of 2022[22] - The ending balance of cash and cash equivalents as of the end of Q1 2023 was ¥3,799,603,335.39, slightly down from ¥3,808,418,789.35 at the end of Q1 2022[30] Non-Recurring Gains and Losses - Non-recurring gains and losses totaled ¥11,763,455.29 for the current period[9] Accounting Standards - The company did not apply new accounting standards for the first quarter of 2023[32]