JEP(SZ:000875)2023-04-27 16:00Financial Performance - The company's operating revenue for the reporting period was CNY 4,024,463,565.67, a decrease of 6.20% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 503,150,056.85, representing an increase of 21.25% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 487,644,397.74, up 18.22% from the previous year[3]. - Basic and diluted earnings per share increased by 20.00% to CNY 0.18 per share[3]. - Total operating revenue for Q1 2023 was approximately CNY 4.02 billion, a decrease of 6.2% from CNY 4.29 billion in the same period last year[15]. - Net profit attributable to shareholders of the parent company increased to approximately CNY 503.15 million, up 21.2% from CNY 414.95 million in Q1 2022[20]. - The company reported a total comprehensive income of approximately CNY 670.77 million for Q1 2023, compared to CNY 518.09 million in the same period last year, marking a 29.4% increase[20]. Cash Flow and Assets - The net cash flow from operating activities decreased by 21.86% to CNY 700,691,432.10 compared to the same period last year[3]. - The company reported a decrease in cash flow from operating activities, which was CNY 896,758,642.41 in the same period last year[3]. - Cash flow from operating activities for Q1 2023 was approximately CNY 700.69 million, down 21.8% from CNY 896.76 million in Q1 2022[16]. - Cash and cash equivalents at the end of the period increased by 35.21% to ¥1,015,075,617.66 from ¥750,757,231.36[27]. - The ending balance of cash and cash equivalents was 1,015,075,617.66 and 750,757,231.36 respectively[40]. Expenses and Liabilities - Total operating costs decreased to approximately CNY 3.32 billion, down 11.3% from CNY 3.75 billion year-over-year[15]. - Research and development expenses increased to approximately CNY 2.63 million, up 53% from CNY 1.72 million in the previous year[15]. - The company’s tax expenses for Q1 2023 were approximately CNY 72.28 million, an increase from CNY 55.30 million in the previous year[20]. - Contract liabilities decreased by 82.50% to ¥64,190,396.95 from ¥366,709,469.99, primarily due to a reduction in advance payments[27]. - Employee compensation payable increased by 194.59% to ¥66,655,417.75 from ¥22,626,716.89, mainly due to an increase in accrued labor costs[27]. - Total liabilities decreased slightly to ¥51,416,925,725.42 from ¥51,580,524,615.48[30]. Equity and Assets - Total assets at the end of the reporting period were CNY 71,960,581,116.30, an increase of 0.62% from the end of the previous year[3]. - Shareholders' equity attributable to the parent company was CNY 11,706,559,835.14, up 4.78% from the previous year[3]. - Total equity increased to ¥20,543,655,390.88 from ¥19,938,478,995.05, driven by an increase in retained earnings[30]. Other Income and Gains - The company received government subsidies amounting to CNY 2,437,002.65 during the reporting period[4]. - The company disposed of non-current assets resulting in a gain of CNY 331,196.30 during the reporting period[4]. - The company reported a significant increase in non-operating income, which rose by 1081.49% to ¥23,697,337.46 from ¥2,005,714.25, influenced by court settlement payments[27]. - Other income increased by 59.40% to ¥17,066,549.87 from ¥10,706,732.23, primarily due to an increase in VAT refunds received[27]. Financial Management - The company’s financial assets impairment loss was reported at CNY 555,461.47, indicating a focus on managing credit risks[20]. - The company confirmed that the Q1 2023 report was not audited, ensuring transparency in financial reporting[17]. - Net cash flow from investing activities improved by 66.08%, with a net outflow of ¥740,844,846.15 compared to ¥2,184,330,661.77 in the previous year[27]. - Cash inflow from financing activities amounted to 7,722,504,499.83 and 8,332,576,107.68 respectively[40]. - Cash outflow for debt repayment was 7,119,855,180.30 and 6,175,769,191.31 respectively[40]. - Cash flow from financing activities resulted in a net cash flow of -79,672,752.75 and 1,161,520,375.89 respectively[40].