HNTY(SH:900946)2023-04-21 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 107,545,004.53, representing a year-on-year increase of 28.62%[5] - The net profit attributable to shareholders for the same period was CNY 665,614.01, reflecting a significant increase of 66.24% compared to the previous year[5] - The basic and diluted earnings per share both stood at CNY 0.0006, marking a 66.24% increase year-on-year[6] - In Q1 2023, the total comprehensive income amounted to CNY 665,614.01, compared to CNY 400,390.97 in Q1 2022, representing a significant increase[19] - Net profit for Q1 2023 was ¥665,614.01, compared to ¥400,390.97 in Q1 2022, marking a growth of 66.3%[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,093,652,206.33, up 3.12% from the end of the previous year[6] - Total assets as of March 31, 2023, amounted to ¥1,093,652,206.33, compared to ¥1,060,569,090.40 at the end of 2022, indicating a growth of 3.1%[16] - The total liabilities as of March 31, 2023, were ¥332,618,518.67, compared to ¥300,275,224.13 at the end of 2022, an increase of 10.7%[15] - The company's equity attributable to shareholders increased to ¥761,033,687.66 from ¥760,293,866.27, a marginal rise of 0.1%[16] Cash Flow - The net cash flow from operating activities was CNY 454.11, showing a drastic decrease of 99.99% year-on-year[5] - Cash inflow from operating activities was CNY 52,733,836.26 in Q1 2023, down from CNY 59,324,070.30 in Q1 2022, reflecting a decrease of approximately 11%[21] - Cash outflow from operating activities totaled CNY 52,733,382.15 in Q1 2023, compared to CNY 54,683,596.45 in Q1 2022, showing a decrease of about 4%[22] - The net cash flow from investing activities was -CNY 17,654,557.84 in Q1 2023, worsening from -CNY 6,829,997.10 in Q1 2022[22] - The company reported a net decrease in cash and cash equivalents of CNY 17,654,103.73 in Q1 2023, compared to a decrease of CNY 2,189,523.25 in Q1 2022[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 89,784[11] - The largest shareholder, China Changan Automobile Group Co., Ltd., held 37.40% of the shares, totaling 398,067,580 shares[11] Government Subsidies - The company received government subsidies amounting to CNY 1,133,069.11, which are closely related to its normal business operations[7] Operational Metrics - Total operating costs for Q1 2023 were ¥108,066,610.29, up from ¥85,149,356.98 in Q1 2022, reflecting a rise of 27%[17] - Accounts receivable increased to ¥214,754,681.78 as of March 31, 2023, from ¥155,980,841.67 at the end of 2022, representing a rise of 37.5%[14] - Current assets totaled ¥799,215,512.37 as of March 31, 2023, slightly up from ¥789,770,817.03 at the end of 2022, an increase of 1.8%[14] - Inventory decreased to ¥107,223,532.47 from ¥108,674,587.71, a decline of 1.3%[14] - The company reported a decrease in cash and cash equivalents to ¥334,601,647.04 from ¥351,946,852.44, a drop of 4.9%[14] Investment Activities - The company invested CNY 17,654,557.84 in fixed assets during Q1 2023, compared to CNY 6,829,997.10 in Q1 2022, representing an increase of over 158%[22] Earnings Per Share - Basic and diluted earnings per share for Q1 2023 were CNY 0.0006, up from CNY 0.0004 in Q1 2022, indicating a 50% increase[19] Merged Entity - The company did not report any net profit from the merged entity in the current or previous periods[19]