ZHENHUA(SZ:000733)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥2,101,947,224.17, representing an increase of 11.46% compared to ¥1,885,911,599.57 in the same period last year[4]. - Net profit attributable to shareholders was ¥734,623,812.89, up 20.96% from ¥607,328,795.62 year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥719,973,734.76, reflecting a growth of 21.93% compared to ¥590,500,719.12 in the previous year[4]. - Total operating revenue for Q1 2023 reached ¥2,101,947,224.17, an increase of 11.5% compared to ¥1,885,911,599.57 in Q1 2022[16]. - Net profit for Q1 2023 was ¥734,737,326.82, representing a 21% increase from ¥607,363,012.20 in Q1 2022[17]. - The company reported a comprehensive income total of ¥735,157,881.64 for Q1 2023, compared to ¥606,180,914.64 in the previous year, an increase of 21.2%[18]. - Basic earnings per share for Q1 2023 were ¥1.4116, up from ¥1.1721 in Q1 2022, reflecting a growth of 20.4%[18]. Assets and Liabilities - The company's total assets increased by 7.82% to ¥14,620,427,558.82 from ¥13,560,179,608.40 at the end of the previous year[4]. - The total liabilities increased to ¥4,130,596,442.22, up from ¥3,807,430,960.19, indicating a growth of 8.5%[15]. - The total equity attributable to shareholders of the parent company rose to ¥10,492,954,509.50, compared to ¥9,755,985,555.04, an increase of 7.5%[15]. - The total current assets are reported at ¥11,041,515,323.62, up from ¥9,990,540,712.43 at the beginning of the year[14]. - The company's total assets as of March 31, 2023, amount to ¥14,620,427,558.82, an increase from ¥13,560,179,608.40 at the beginning of the year[13]. Cash Flow - Cash flow from operating activities was ¥17,862,608.35, down 39.89% from ¥29,714,198.80 in the previous year, primarily due to increased tax payments and employee compensation[10]. - The net cash flow from financing activities improved by 136.98% to ¥91,136,295.40, compared to a net outflow of ¥246,443,915.91 in the previous year[10]. - Operating cash inflow for the period was CNY 1,284,980,167.31, an increase from CNY 1,198,458,714.25 in the previous period, representing a growth of approximately 7.2%[19]. - Net cash flow from operating activities decreased to CNY 17,862,608.35 from CNY 29,714,198.80, a decline of about 39.9%[19]. - Cash inflow from financing activities was CNY 127,948,967.73, compared to CNY 71,429,240.16, marking an increase of approximately 79.3%[20]. - The ending balance of cash and cash equivalents increased to CNY 1,783,294,107.97 from CNY 1,296,521,669.48, reflecting a growth of approximately 37.5%[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,505, with the top ten shareholders holding 32.58% of the shares[11]. - China Zhinhua Electronics Group Co., Ltd. holds 169,573,344 shares, representing 32.58% of the total shares[12]. Expenses - Total operating costs for Q1 2023 were ¥1,200,538,704.00, up from ¥1,114,915,274.21 in the same period last year, reflecting a growth of 7.7%[16]. - Research and development expenses increased to ¥117,686,790.43 in Q1 2023, compared to ¥99,305,974.18 in Q1 2022, marking a rise of 18.5%[17]. Other Financial Metrics - The weighted average return on equity decreased to 7.26% from 7.84% year-on-year, a decline of 0.58%[4]. - The company received government subsidies amounting to ¥16,000,666.53 during the reporting period, which contributed positively to its financial performance[5]. - The company has not reported any new strategies or product developments in the current quarter[12].