晶澳科技(002459) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 reached ¥20,480,317,830.58, representing a 66.23% increase compared to ¥12,320,757,025.96 in the same period last year[4] - Net profit attributable to shareholders was ¥2,581,964,916.72, a significant increase of 244.45% from ¥750,105,444.98 in the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥2,489,637,735.18, reflecting a 254.75% increase from ¥702,148,126.92 year-on-year[4] - Basic earnings per share (EPS) increased to ¥1.10, up 223.53% from ¥0.47 in the previous year[4] - Diluted EPS also rose to ¥1.09, a 230.30% increase compared to ¥0.47 in the same period last year[4] - The company reported a net profit of ¥1.06 billion for Q1 2023, compared to a loss of ¥1.02 billion in the same period last year, marking a significant recovery[9] - The total comprehensive income for Q1 2023 was approximately ¥2.65 billion, compared to ¥760.55 million in the same quarter last year, an increase of 248.5%[18] Cash Flow and Financial Position - The net cash flow from operating activities was ¥1,896,809,378.85, a turnaround from a negative cash flow of ¥1,908,139,188.84 in the same quarter last year, marking a 199.72% improvement[4] - The cash flow from operating activities generated a net amount of ¥1.90 billion, a turnaround from a negative cash flow of ¥1.90 billion in the previous year[20] - The total assets at the end of the reporting period were ¥74,087,238,779.47, a 2.28% increase from ¥72,348,625,580.93 at the end of the previous year[4] - The total liabilities amounted to CNY 41,201.52 million, a decrease from CNY 42,242.17 million at the beginning of the year[16] - The company's cash and cash equivalents decreased to CNY 9,770.57 million from CNY 12,183.64 million at the beginning of the year[14] - The net increase in cash and cash equivalents for Q1 2023 was -1,673,693,830.43, compared to -1,367,016,129.51 in Q1 2022, indicating a decline[21] - The beginning cash and cash equivalents balance was 6,120,476,584.90, down from 6,531,701,654.96 in the same period last year[21] - The ending cash and cash equivalents balance for Q1 2023 was 4,446,782,754.47, a decrease from 5,164,685,525.45 in Q1 2022[21] Operational Highlights - The company shipped a record 11.70 GW of battery modules in Q1 2023, with overseas shipments accounting for approximately 58%[13] - The company received government subsidies amounting to ¥113,243,664.88 during the quarter, primarily related to normal business operations[7] - The company reported a significant increase in accounts payable, which rose by 40.44% to ¥7,239,788,354.56, attributed to the expansion of operational scale and increased material costs[8] - Operating costs rose to ¥16.57 billion, reflecting a 57.79% increase from ¥10.50 billion in the same period last year, primarily due to expanded sales volume[9] - R&D expenses increased by 69.93% to ¥278.17 million, up from ¥163.70 million in Q1 2022, indicating a focus on innovation[9] - The total investment income for Q1 2023 was ¥170.73 million, a 68.25% increase from ¥101.47 million in Q1 2022, reflecting improved performance from joint ventures[9] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance product offerings[11] - The company expects to maintain strong growth momentum in the upcoming quarters, supported by increased demand for photovoltaic products[12] - The company is investing in a new annual production capacity of 20 GW for silicon wafers and 30 GW for batteries in Ordos High-tech Zone[13] - The company plans to raise up to CNY 8.96 billion through a convertible bond issuance to support the expansion of N-type product capacity[13] - The company's component production capacity is expected to exceed 80 GW by the end of 2023, with silicon wafer and battery capacity projected to be about 90% of module capacity[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 69,472, with the largest shareholder holding 47.60% of the shares[10] Audit and Compliance - The Q1 2023 report was not audited, which may affect the reliability of the financial data presented[22]