Financial Performance - The company's operating revenue for Q1 2023 was ¥1,557,767,501.19, a decrease of 24.60% compared to the same period last year[5] - Net profit attributable to shareholders was ¥146,430,222.17, an increase of 42.28% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥142,014,568.14, a 37.85% increase year-on-year[5] - The basic earnings per share rose to ¥0.13, reflecting a 44.44% increase compared to the previous year[5] - The company reported a net profit of CNY 216,348,564.60 for Q1 2023, compared to CNY 120,300,784.73 in Q1 2022, indicating a significant increase[17] - The net profit for the first quarter of 2023 was CNY 171,705,634.43, an increase of 69.3% compared to CNY 101,260,949.54 in the same period last year[18] - The net profit attributable to the parent company was CNY 146,430,222.17, up from CNY 102,914,925.13, reflecting a growth of 42.2%[18] - The total comprehensive income for the first quarter was CNY 171,696,344.43, compared to CNY 101,258,199.54, indicating a growth of 69.3%[18] Cash Flow and Assets - The net cash flow from operating activities increased by 110.95% to ¥382,375,403.73, attributed to improved collection of receivables[5] - The operating cash flow for the first quarter was CNY 382,375,403.73, significantly higher than CNY 181,260,803.41 in the previous year, marking an increase of 111.1%[20] - Total cash inflow from operating activities was CNY 2,660,647,276.70, compared to CNY 2,624,675,684.66, showing a slight increase of 1.4%[20] - The company experienced a net cash decrease of CNY 10,478,533.53 during the quarter, compared to a decrease of CNY 32,435,842.60 in the previous year[21] - The cash and cash equivalents at the end of the period stood at CNY 2,635,562,065.90, a decrease from CNY 2,646,040,599.43 at the beginning of the period[21] - The company's cash and cash equivalents increased to CNY 3,103,233,219.21 from CNY 3,015,365,385.26, showing a growth of 2.5%[14] Costs and Expenses - Total operating costs for Q1 2023 were CNY 1,413,459,654.45, down 28.8% from CNY 1,985,035,066.84 in the same period last year[17] - Research and development expenses for Q1 2023 were CNY 32,710,685.02, down 47.9% from CNY 61,604,389.05 in Q1 2022[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,350,296,147.14, down 6.31% from the end of the previous year[5] - The company's total assets as of March 31, 2023, were CNY 15,350,296,147.14, down from CNY 16,384,617,153.77 at the beginning of the year[14] - Current liabilities decreased to CNY 9,568,708,149.86 from CNY 10,764,796,256.41 at the start of the year, a reduction of 11.1%[15] - The total equity attributable to shareholders increased to CNY 4,255,032,722.36 from CNY 4,107,791,741.23, reflecting a growth of 3.6%[15] Strategic Initiatives - The company signed a strategic cooperation framework agreement with the government of Xuanzhou District, Anhui Province, to invest in a 10GW high-efficiency photovoltaic module project and a 900MW centralized photovoltaic power station project[12] - The company plans to issue up to 330,750,000 shares to specific investors, raising a total of no more than ¥1,519,433,700[12] Other Information - The company registered two wholly-owned subsidiaries in the renewable energy sector as of March 8, 2023[13] - The company reported a cash outflow from financing activities of CNY 624,465,945.94, which is an increase from CNY 556,007,307.13 in the previous year[21] - The company has not undergone an audit for the first quarter report[22]
宏润建设(002062) - 2023 Q1 - 季度财报