Financial Performance - The company's operating revenue for Q1 2023 was ¥201,968,256.34, representing a 16.32% increase compared to ¥173,629,728.81 in the same period last year[4] - The net profit attributable to shareholders decreased by 7.45% to ¥26,232,791.40 from ¥28,345,884.10 year-on-year[4] - The company's basic earnings per share decreased by 25.00% to ¥0.03 from ¥0.04 in the same period last year[4] - Net profit for Q1 2023 was CNY 26,212,745.27, a decrease of 7.8% from CNY 28,318,973.60 in Q1 2022[19] - Operating profit for Q1 2023 was CNY 30,594,210.50, significantly higher than CNY 10,529,148.52 in the same period last year[19] Cash Flow - The net cash flow from operating activities increased significantly by 67.57% to ¥84,069,231.72, up from ¥50,169,722.68 in Q1 2022[4] - Cash flow from operating activities for Q1 2023 was CNY 84,069,231.72, compared to CNY 50,169,722.68 in Q1 2022, indicating a 67.5% increase[21] - The cash flow from investing activities showed a negative net of ¥359,687,747.97, which is an 86.74% increase in outflow compared to the previous year[10] - Cash inflow from investment activities totaled $323,510,675.50, a significant increase from $40,048,444.52 in the previous period, representing an increase of approximately 707.5%[22] - Cash outflow for investment activities was $683,198,423.47, up from $232,667,052.04, indicating an increase of about 194.5%[22] - Net cash flow from investment activities was -$359,687,747.97, worsening from -$192,618,607.52 in the prior period[22] - Cash inflow from financing activities amounted to $195,459,874.64, down from $296,015,057.24, a decrease of approximately 34%[22] - Cash outflow for financing activities increased to $282,470,766.41 from $237,433,230.71, an increase of about 18.9%[22] - Net cash flow from financing activities was -$87,010,891.77, compared to a positive net flow of $58,581,826.53 in the previous period[22] - The net increase in cash and cash equivalents was -$362,629,408.02, compared to -$83,867,058.31 in the prior period[22] - The ending balance of cash and cash equivalents was $704,487,922.02, up from $403,677,347.90 at the end of the previous period[22] Assets and Liabilities - The total assets as of March 31, 2023, were ¥9,267,547,905.40, reflecting a 1.16% increase from the end of the previous year[5] - The company's total liabilities as of March 31, 2023, were CNY 6,370,785,923.16, up from CNY 6,291,733,771.86 at the beginning of the year[17] - The total non-current assets increased from ¥6,268,956,554.19 to ¥6,581,226,137.37, showing a growth of about 5%[16] - The total number of common shareholders at the end of the reporting period is 72,514[12] - The largest shareholder, Xinjiang New Energy (Group) Co., Ltd., holds 47.38% of shares, totaling 442,201,500 shares[12] Expenses - Research and development expenses increased to ¥374,748.56, marking a 100% increase compared to zero in Q1 2022[10] - Total operating costs for Q1 2023 were CNY 142,832,221.08, up from CNY 132,783,272.43 in the previous year, reflecting a year-over-year increase of 7.9%[19] - The company reported interest expenses of CNY 46,037,325.70 for Q1 2023, down from CNY 48,476,881.92 in Q1 2022, a decrease of 5.0%[19] - The company experienced a 122.59% increase in income tax expenses, amounting to ¥4,021,241.08, primarily due to the expiration of tax incentives for certain power plants[10] Shareholder Information - The company has no preferred shareholders as of the reporting period[14] - The top ten shareholders do not have any associated relationships or concerted actions with the controlling shareholder[13] Audit Status - The first quarter report was not audited[23]
立新能源(001258) - 2023 Q1 - 季度财报