2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥10,425,507,345.20, representing a year-on-year increase of 4.13% compared to ¥10,011,935,134.49 in the same period last year[4] - The net profit attributable to shareholders for Q1 2023 was ¥810,064,655.82, a decrease of 10.63% from ¥906,366,156.05 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥650,914,784.87, down 26.18% from ¥881,753,080.61 year-on-year[4] - The company's diluted earnings per share for Q1 2023 was ¥0.10, down 9.09% from ¥0.11 in the same period last year[4] - The company reported a total comprehensive income of CNY 906,862,178.50, slightly up from CNY 889,362,845.92 year-over-year[18] - Basic and diluted earnings per share were both CNY 0.10, down from CNY 0.11 in the previous period[18] Cash Flow and Investments - The net cash flow from operating activities decreased by 51.53% to ¥285,973,243.10, compared to ¥589,988,021.55 in the same period last year[4] - Cash flow from operating activities generated a net amount of CNY 285,973,243.10, down from CNY 589,988,021.55 in the previous year[19] - Cash flow from investing activities showed a net outflow of CNY 1,222,069,953.66, compared to a larger outflow of CNY 3,571,681,293.18 in the prior period[19] - Cash flow from financing activities resulted in a net inflow of CNY 137,133,656.38, significantly lower than CNY 4,163,412,851.91 in the previous year[20] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥129,652,011,790.69, an increase of 4.94% from ¥123,553,025,612.04 at the end of the previous year[4] - The company's total assets reached ¥129.65 billion, an increase from ¥123.55 billion at the beginning of the year, reflecting a growth of approximately 4.3%[15] - Current assets totaled ¥78.74 billion, up from ¥73.59 billion, indicating an increase of about 6.5%[14] - The company's cash and cash equivalents decreased to ¥14.38 billion from ¥15.50 billion, a decline of approximately 7.2%[14] - Total liabilities amounted to ¥72.49 billion, up from ¥66.58 billion, indicating an increase of about 8.8%[15] - The company's equity attributable to shareholders decreased slightly to ¥54.59 billion from ¥54.74 billion, a decline of approximately 0.3%[15] Research and Development - Research and development expenses increased by 48.70%, indicating a significant investment in innovation and technology[7] - Research and development expenses increased to CNY 645,455,754.47, up from CNY 434,069,288.93, reflecting a focus on innovation[16] Market Expansion - The overseas revenue increased by 123% year-on-year, driven by the company's efforts to expand its overseas market with a focus on end-to-end, digital, and localized business systems[8] Share Repurchase - As of March 31, 2023, the company repurchased a total of 423,956,766 A-shares, accounting for 4.89% of the total share capital, with a total transaction amount of approximately ¥2.64 billion[12] Inventory and Borrowings - Inventory increased significantly to ¥19.57 billion from ¥14.20 billion, representing a growth of about 37.8%[14] - Short-term borrowings rose to ¥7.91 billion from ¥6.20 billion, an increase of approximately 27.5%[15] - The company reported accounts receivable of ¥27.11 billion, down from ¥27.92 billion, a decrease of about 2.9%[14] - The company’s long-term investments increased to ¥4.53 billion from ¥4.48 billion, reflecting a growth of approximately 1.1%[14]