YXCHC(SZ:000987)2023-04-28 16:00Financial Performance - Total revenue for Q1 2023 reached RMB 3,877,491,574.17, an increase of 7.57% compared to RMB 3,604,739,627.34 in Q1 2022[6] - Net profit attributable to shareholders was RMB 712,361,284.43, representing a growth of 21.99% from RMB 583,950,541.31 in the same period last year[6] - The net profit after deducting non-recurring gains and losses was RMB 702,491,366.64, up 20.58% from RMB 582,577,508.80 in Q1 2022[6] - Basic and diluted earnings per share were both RMB 0.1420, reflecting a 21.99% increase from RMB 0.1164 in Q1 2022[6] - Operating profit for Q1 2023 was CNY 1,210,847,922.59, up from CNY 971,679,929.07 in Q1 2022, reflecting a growth of 24.6%[18] - The total profit for Q1 2023 was approximately ¥1.21 billion, an increase of 24.7% compared to ¥972.74 million in Q1 2022[19] - Net profit attributable to the parent company was approximately ¥712.36 million, up 22% from ¥583.95 million in the same period last year[19] Cash Flow - The net cash flow from operating activities was RMB 1,351,286,816.20, a significant increase of 157.58% compared to a negative cash flow of RMB 2,346,856,589.18 in the previous year[6] - Operating cash flow for Q1 2023 was approximately ¥15.12 billion, a significant increase of 59.5% compared to ¥9.45 billion in Q1 2022[21] - The net cash flow from operating activities was approximately ¥1.35 billion, a turnaround from a net outflow of ¥2.35 billion in the previous year[21] - The company reported a total cash inflow from financing activities of approximately ¥19.38 billion, compared to ¥14.84 billion in the previous year[22] - The net cash flow from financing activities was approximately ¥1.30 billion, down from ¥2.29 billion in Q1 2022[22] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to RMB 178,024,174,925.78, a 2.73% increase from RMB 173,292,698,589.97 at the end of the previous year[6] - Non-current assets totaled CNY 76,603,419,831.08 at the end of Q1 2023, a slight decrease from CNY 77,213,433,199.94 at the beginning of the year[17] - The company's total liabilities amounted to CNY 137,907,504,074.13, up from CNY 134,149,959,067.80, indicating a growth of 2.06%[17] - Short-term borrowings decreased to CNY 9,461,780,649.20 from CNY 11,261,222,892.73, a reduction of 15.96%[17] - Long-term borrowings rose to CNY 39,719,850,253.34 from CNY 33,849,839,059.51, an increase of 17.5%[17] Shareholder Equity - Shareholders' equity reached RMB 27,712,465,875.08, up 2.65% from RMB 26,998,193,325.19 at the end of the last fiscal year[6] - The equity attributable to shareholders increased to CNY 27,712,465,875.08 from CNY 26,998,193,325.19, reflecting a growth of 2.65%[17] Other Income and Expenses - Commission and fee expenses increased by 420.73% to ¥9,721,471.99 due to higher futures brokerage business costs[11] - Other income surged by 1011.26% to ¥12,586,157.72, primarily from increased government subsidies related to daily operations[11] - Investment income rose by 113.14% to ¥684,869,848.50, driven by gains from futures risk management and investments in joint ventures[11] - The company recorded a tax expense of approximately ¥239.12 million, an increase from ¥191.19 million in the same period last year[19] - Other comprehensive income after tax was approximately ¥2.08 million, a recovery from a loss of ¥11.39 million in the previous year[19] Accounts Receivable and Financial Assets - Accounts receivable decreased by 31.22% to RMB 81,883,141.68, primarily due to a reduction in service fees and fund management fees[10] - Financial assets purchased under resale agreements increased by 51.08% to RMB 6,047,923.94, driven by the growth in bond pledge business[10] - Contract liabilities rose by 32.34% to RMB 401,346,768.71, mainly due to the expansion of futures basis trading business[10] Stake in CITIC Securities - The company increased its stake in CITIC Securities to 12.53 billion shares, representing 8.45% of total shares, up 0.31 percentage points from the beginning of the year[13]