浙江震元(000705) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,098,106,955.60, representing a 13.88% increase compared to CNY 964,264,259.83 in the same period last year[8]. - Net profit attributable to shareholders was CNY 18,564,267.15, up 22.32% from CNY 15,176,300.98 year-on-year[8]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which reached CNY 18,141,480.93, a 43.39% increase from CNY 12,651,652.58 in the previous year[8]. - Operating profit for Q1 2023 was RMB 26,499,583.72, up 37.9% from RMB 19,207,955.22 year-on-year[22]. - Total comprehensive income for Q1 2023 was RMB 18,878,980.49, compared to RMB 9,921,713.67 in Q1 2022[22]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to CNY 4,328,543.90, a 102.96% increase from a negative cash flow of CNY -146,188,505.11 in the previous year[8]. - The company reported a net cash flow from operating activities of RMB 4,328,543.90, a significant improvement from a negative RMB 146,188,505.11 in the previous year[24]. - Cash and cash equivalents were RMB 418,758,680.05, compared to RMB 453,484,094.17 at the beginning of the quarter[21]. - Cash and cash equivalents at the end of Q1 2023 totaled RMB 398,480,777.79, compared to RMB 239,534,691.49 at the end of Q1 2022[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,180,750,392.19, a decrease of 1.49% from CNY 3,228,804,787.20 at the end of the previous year[8]. - Current assets totaled RMB 2,066,776,798.13, down from RMB 2,109,682,646.88 at the start of the quarter[21]. - Total liabilities were RMB 1,215,943,912.23, down from RMB 1,282,876,202.82[21]. - Current liabilities totaled RMB 1,030,132,070.51, a decrease from RMB 1,094,951,501.72[21]. Shareholder Equity - The net assets attributable to shareholders increased to CNY 1,940,045,142.50, marking a 0.91% rise from CNY 1,922,470,592.26 at the end of the last year[8]. - The company's equity attributable to shareholders was RMB 1,940,045,142.50, slightly up from RMB 1,922,470,592.26[21]. - The company reported a net profit of RMB 838,807,368.57 in retained earnings, compared to RMB 820,243,101.42 at the beginning of the quarter[21]. Earnings Per Share - The basic earnings per share rose to CNY 0.0556, reflecting a 22.47% increase compared to CNY 0.0454 in the same period last year[8]. - Basic and diluted earnings per share for Q1 2023 were both RMB 0.0556, an increase from RMB 0.0454 in the same period last year[22]. Other Financial Metrics - The weighted average return on equity improved to 0.96%, up from 0.82% in the previous year, an increase of 0.14 percentage points[8]. - Research and development expenses for Q1 2023 were RMB 8,840,762.38, slightly up from RMB 8,045,330.27 in the same period last year[22]. - The company experienced a decrease in other comprehensive income, with a net amount of RMB -988,632.00 compared to RMB -5,746,211.00 in Q1 2022[22]. - The report for the first quarter of 2023 was not audited[20]. Investment Income - Investment income dropped significantly by 97.52% to CNY 49,817.82 compared to CNY 2,009,102.68 in the previous year, primarily due to the expiration of financial products[12]. Contract Liabilities - The company experienced a 60.49% decrease in contract liabilities, down to CNY 11,895,987.12 from CNY 30,111,854.29[12].