DMEGC(SZ:002056)2023-04-19 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 463,158.90 million, representing a 5.36% increase compared to CNY 439,578.65 million in the same period last year[3]. - Net profit attributable to shareholders for Q1 2023 was CNY 58,288.51 million, a significant increase of 59.33% from CNY 36,583.25 million year-on-year[3]. - The basic earnings per share for Q1 2023 was CNY 0.3615, up 60.74% from CNY 0.2249 in the same quarter last year[3]. - Operating profit for Q1 2023 was CNY 666,995,662.64, up 73.67% from CNY 384,568,378.34 in Q1 2022[15]. - Net profit attributable to shareholders of the parent company was CNY 582,885,087.87, representing a 59.66% increase from CNY 365,832,488.49 in the previous year[15]. - The total comprehensive income for Q1 2023 was CNY 611,856,965.94, compared to CNY 362,802,916.85 in Q1 2022, indicating a substantial increase[16]. Cash Flow - The net cash flow from operating activities reached CNY 49,857.49 million, marking a substantial increase of 182.00% compared to CNY 17,680.07 million in the previous year[3]. - Cash flow from operating activities was CNY 5,049,919,872.71, significantly higher than CNY 4,184,642,026.26 in the same quarter last year[17]. - The net cash flow from operating activities for Q1 2023 was ¥498,574,874.82, an increase of 182.5% compared to ¥176,800,727.18 in Q1 2022[18]. - Total cash inflow from operating activities reached ¥6,242,109,893.13, up from ¥4,466,910,079.15, representing a growth of 39.7% year-over-year[18]. - The net cash flow from investing activities was ¥109,917,253.14, a significant recovery from a negative cash flow of ¥308,190,940.71 in Q1 2022[18]. - The net cash flow from financing activities was -¥449,332,414.62, a decline from a positive cash flow of ¥444,599,182.96 in Q1 2022[19]. Assets and Liabilities - Total assets at the end of Q1 2023 amounted to CNY 1,844,760.42 million, reflecting a 4.76% increase from CNY 1,760,989.28 million at the end of the previous year[3]. - The total current assets have increased to ¥12,505,559,875.33 from ¥11,709,340,593.83, indicating a growth of approximately 6.77%[12]. - The total liabilities have increased to ¥10,086,111,978.42 from ¥9,482,126,759.39, reflecting a rise of about 6.35%[13]. - Total liabilities rose to CNY 10,650,866,111.65, compared to CNY 9,838,490,783.25 in the previous year, reflecting an increase of 8.26%[14]. - The total non-current liabilities amounted to CNY 564,754,133.23, an increase from CNY 356,364,023.86 in the previous year[14]. Inventory and Receivables - The company's inventory increased by 27.04% to CNY 258,691.75 million, attributed to enhanced production and sales scale[6]. - The company's inventory has risen to ¥2,586,917,475.12 from ¥2,036,271,372.47, marking an increase of approximately 27.1%[12]. - The company reported accounts receivable of ¥2,415,470,517.04, which is an increase from ¥2,250,797,670.40, indicating a growth of approximately 7.33%[12]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 80,728, with the largest shareholder, Hengdian Group Holdings Co., Ltd., holding 50.59% of shares, equating to 823,000,000 shares[8]. - The number of shares held by the top ten unrestricted shareholders totals 1,020,000,000 shares, with Hengdian Group Holdings Co., Ltd. being the largest[9]. - The company has a pledge status on 210,000,000 shares held by Hengdian Group Holdings Co., Ltd.[8]. Future Plans and Investments - The company plans to continue optimizing product structure and expanding its global market presence, particularly in the photovoltaic industry, to drive future growth[7]. - The company has approved investments in a new 12GW high-efficiency battery project and a 5GW high-efficiency module project, both of which are progressing smoothly[11].