PRET(SZ:002324)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,908,487,697.52, representing a 47.05% increase compared to ¥1,297,816,322.85 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2023 was ¥103,569,593.95, a significant increase of 324.03% from ¥24,425,325.94 in the previous year[3]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.10, up 400.00% from ¥0.02 in the previous year[3]. - The net profit for the first quarter was CNY 110,245,289.15, a significant increase from CNY 24,016,744.12 in the previous year, representing a growth of approximately 359.5%[61]. - The total comprehensive income for the period was CNY 102,724,821.99, compared to CNY 21,939,259.77 in the previous year, marking an increase of approximately 367.5%[62]. - The company incurred a total operating profit of CNY 118,465,240.15, compared to CNY 31,605,181.93 in the same quarter last year, showing an increase of about 274.5%[61]. Cash Flow - The net cash flow from operating activities reached ¥40,786,451.05, marking a 220.07% increase from a negative cash flow of ¥33,968,670.70 in the same period last year[3]. - The company experienced a 220.07% increase in net cash flow from operating activities, driven by higher cash receipts from sales[27]. - The net cash flow from financing activities increased by ¥9,050.50 million, a growth of 42.61%, indicating improved cash inflow from financing activities[28]. - The company's financing activities generated a net cash inflow of CNY 302,911,703.68, compared to CNY 212,406,690.93 in the same period last year, reflecting an increase of approximately 42.5%[63]. - The company's net cash flow from investing activities decreased by RMB 225.94 million, a decline of 8483.89%, primarily due to payments for the acquisition of Jiangsu Haishida Power Co., Ltd.[53]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥8,974,404,520.03, reflecting a 4.25% increase from ¥8,608,274,287.07 at the end of the previous year[3]. - Total liabilities increased to ¥5,763,205,217.36 from ¥5,500,131,330.73, indicating a rise in financial obligations[59]. - The company's one-year non-current liabilities increased to RMB 73.06 million, an increase of RMB 21.67 million, reflecting a growth of 42.15% due to an increase in short-term borrowings[45]. - The company's equity attributable to shareholders rose to ¥2,935,575,882.07 from ¥2,839,195,230.94, reflecting improved shareholder value[60]. Expenses - Total operating costs amounted to ¥1,821,146,838.95, up from ¥1,269,321,620.82 in the prior period, indicating a rise in expenses[60]. - Research and development expenses increased by ¥2,101.47 million, a rise of 31.53%, due to the acquisition of Jiangsu Haida Power Co., Ltd.[21]. - Financial expenses surged by ¥2,073.56 million, an increase of 317.95%, primarily due to higher borrowing costs and the consolidation of Jiangsu Haida Power Co., Ltd.[23]. - Sales expenses increased by RMB 8.83 million, a rise of 73.18%, mainly due to the consolidation of Jiangsu Haishida's financials and the associated service costs[47]. - The company reported a tax expense of CNY 8,225,896.77, which is an increase from CNY 7,767,755.53 in the previous year[61]. Shareholder Information - The top ten shareholders held a total of 446.99 million shares, with the largest shareholder, Zhou Wen, holding 43.93% of the shares[55].