Sunner(SZ:002299)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥4,537,238,745.36, representing a 34.27% increase compared to ¥3,379,108,034.71 in the same period last year[3]. - Net profit attributable to shareholders was ¥89,448,233.24, a significant turnaround from a loss of ¥65,334,055.61, marking a 236.91% increase year-over-year[3]. - The net cash flow from operating activities surged to ¥372,762,148.13, reflecting a 1,695.56% increase from ¥20,760,192.92 in the previous year[3]. - Operating profit for Q1 2023 was ¥115,676,286.48, compared to a loss of ¥41,117,257.56 in Q1 2022, indicating a turnaround in operational performance[20]. - Net profit for Q1 2023 was ¥86,335,365.09, recovering from a net loss of ¥63,011,194.17 in the same period last year[20]. - The company reported a basic earnings per share of ¥0.0726 for Q1 2023, compared to a loss per share of ¥0.0529 in Q1 2022[21]. Assets and Liabilities - The company's total assets increased by 3.81% to ¥19,649,470,068.37 compared to the end of the previous year[3]. - The company's total liabilities increased to ¥9,600,900,661.09, up from ¥8,985,390,376.38, reflecting a growth of 6.9% year-over-year[19]. - The company's debt-to-asset ratio was 48.86%, indicating a stable financial position despite a slight increase of 1.39 percentage points from the beginning of the year[10]. - The total liabilities increased to approximately CNY 8.67 billion, up from CNY 8.06 billion, which is an increase of 7.5%[18]. - The company's total assets reached approximately CNY 19.65 billion, compared to CNY 18.93 billion at the beginning of the year, reflecting a growth of 3.8%[18]. Cash Flow - Cash flow from operating activities was ¥4,707,849,201.46, an increase from ¥3,780,730,984.44 in the same quarter last year, reflecting improved cash generation[22]. - The net cash flow from operating activities for Q1 2023 was ¥372,762,148.13, a significant increase from ¥20,760,192.92 in Q1 2022, representing a growth of approximately 1696%[23]. - Total cash inflow from investment activities was ¥2,956,149,913.15, compared to ¥1,287,129,841.90 in the same period last year, indicating an increase of about 130%[23]. - Cash outflow from investment activities totaled ¥3,380,568,103.32, up from ¥2,008,867,529.54 in Q1 2022, reflecting a rise of approximately 68%[23]. - The net cash flow from financing activities was ¥1,054,624,251.10, down from ¥2,122,626,355.31 in Q1 2022, showing a decrease of about 50%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,620, with the top 10 shareholders holding 43.68% of the shares[12]. - Fujian Shengnong Holding Group Co., Ltd. holds 543,269,848 shares, accounting for 43.68% of the total[12]. Expenses and Investments - The company experienced a 34.25% increase in management expenses, primarily due to higher personnel costs and the implementation of an employee stock ownership plan[8]. - Research and development expenses for Q1 2023 were ¥23,539,832.49, slightly down from ¥23,736,757.85 in the previous year[20]. - Investment income rose by 65.68% to ¥1,303,000.00, driven by profits from joint ventures and increased returns from bank financial products[8]. Inventory and Receivables - The company's inventory decreased to approximately CNY 2.89 billion from CNY 3.35 billion, a decline of 13.8%[17]. - The company reported a significant increase in accounts receivable, which rose to approximately CNY 1.00 billion from CNY 895 million, reflecting an increase of 11.7%[17]. Cash and Equivalents - The company's cash and cash equivalents increased to approximately CNY 1.67 billion from CNY 683 million at the beginning of the year, representing a growth of 144.5%[17]. - The total cash and cash equivalents at the end of Q1 2023 amounted to ¥1,659,380,447.84, compared to ¥1,884,617,029.80 at the end of Q1 2022, a decline of approximately 12%[24].