ZNHI(SZ:002445)2023-04-28 16:00Financial Performance - The company's revenue for Q1 2023 was CNY 125,265,960.43, representing a 7.93% increase compared to CNY 116,061,922.17 in the same period last year[5] - Net profit attributable to shareholders decreased by 37.53% to CNY 61,311,241.57 from CNY 98,146,307.14 year-on-year[5] - Basic and diluted earnings per share both decreased by 25.00% to CNY 0.03 from CNY 0.04 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 125,265,960.43, an increase of 7.5% compared to CNY 116,061,922.17 in the same period last year[17] - Net profit for Q1 2023 was CNY 61,362,659.96, a decrease of 37.5% from CNY 98,146,175.71 in Q1 2022[18] - The company reported a basic earnings per share of CNY 0.03, down from CNY 0.04 in the same quarter last year[19] Cash Flow - The net cash flow from operating activities was negative at CNY -21,816,940.89, a decline of 19.97% compared to CNY -18,185,346.00 in the previous year[5] - The company experienced a cash inflow from other investment activities of 675,000,000.00, slightly down from 691,000,000.00 year-over-year[22] - The cash flow from operating activities showed a negative trend, with a net cash flow decrease of approximately 14.3% compared to the previous year[22] - The total cash outflow from operating activities was 157,077,294.30, compared to 136,910,481.29 in the previous year[22] - Cash paid for purchasing goods and services was 93,491,492.93, an increase from 86,546,955.21 in the previous year[22] - Cash paid to employees was 23,412,874.35, compared to 21,835,680.70 in the previous year, reflecting a rise in employee-related expenses[22] Assets and Liabilities - Total assets increased by 6.48% to CNY 2,854,371,607.68 from CNY 2,680,709,632.34 at the end of the previous year[5] - The total liabilities as of Q1 2023 amounted to CNY 844,670,496.83, compared to CNY 732,820,674.61 in the previous year, indicating a growth of 15.2%[18] - The total current assets increased to CNY 1,866,771,735.55 from CNY 1,736,923,017.31, representing a growth of approximately 7.48%[15] - The total non-current assets reached CNY 987,599,872.13, up from CNY 943,786,615.03, showing an increase of about 4.64%[15] - The company's short-term borrowings increased by CNY 100,000,000.00, primarily due to new bank loans received during the period[10] - The company's short-term borrowings were reported at CNY 100,000,000.00, indicating a new liability for the quarter[15] - The total liabilities of the company increased, with a notable rise in accounts payable and contract liabilities, indicating potential growth in operational activities[15] Research and Development - The company reported a significant increase in R&D expenses by 203.46% to CNY 191,240.00, reflecting increased investment in R&D projects[11] - Research and development expenses increased significantly to CNY 2,852,340.19 from CNY 939,932.74, marking a rise of 203.5% year-over-year[18] Government Support - The company received government subsidies amounting to CNY 547,482.07, mainly from local government support[7] Inventory and Contract Liabilities - Contract liabilities increased by 33.66% to CNY 11,283,700.00, indicating a rise in advance payments received from customers[10] - The company's contract liabilities increased to CNY 44,804,679.25 from CNY 33,521,008.53, representing a growth of approximately 33.67%[15] - The inventory level rose to CNY 240,901,438.04, compared to CNY 195,775,595.28 at the beginning of the year, marking an increase of around 23.06%[15] Financial Expenses - The company experienced a decrease in financial expenses, with interest expenses reported at CNY 10,701.76, down from CNY 19,822.44[18]