STO(SZ:002468)2023-04-28 16:00Financial Performance - Total operating revenue for Q1 2023 reached CNY 8,743,896,520.64, an increase of 22.25% compared to CNY 7,152,316,990.57 in the same period last year[15] - Net profit attributable to shareholders of the listed company was CNY 132,883,937.10, up 24.91% from CNY 106,385,842.78 year-on-year[15] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 125,354,497.15, representing a 34.09% increase from CNY 93,487,705.57 in the previous year[15] - Basic earnings per share for Q1 2023 was CNY 0.09, an increase of 28.57% compared to CNY 0.07 in the same period last year[15] - The total comprehensive income for Q1 2023 was CNY 128,164,073.86, compared to CNY 105,524,250.98 in the same period last year[3] - The total profit amounted to $163,084,489.47, an increase from $137,083,042.09 year-over-year[36] - Net profit attributable to the parent company was $132,883,937.10, up from $106,385,842.78 in the prior period[36] - Operating profit reached $173,088,556.74, compared to $145,536,424.04 previously, reflecting a strong operational performance[36] - The net profit margin for the current period was approximately 79.9%, compared to 74.6% in the previous period, showing improved profitability[36] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 393,305,905.79, a decrease of 27.87% from CNY 545,269,873.89 in the previous year[15] - The net increase in cash and cash equivalents for Q1 2023 was CNY 939,095,771.09, down from CNY 2,499,735,706.94 in the previous year[8] - Cash and cash equivalents increased by 32.12% to ¥2,862,005,318.62, mainly due to new borrowings[20] - The company's cash and cash equivalents increased to CNY 2,862,005,318.62 from CNY 2,166,231,361.79 at the beginning of the year, representing a growth of 32.1%[27] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to CNY 21,236,845,707.71, reflecting a 4.45% increase from CNY 20,332,145,368.97 at the end of the previous year[15] - The company's total liabilities rose to CNY 12,934,553,851.35 from CNY 12,124,655,026.53, reflecting an increase of 6.7%[33] - Short-term borrowings increased by 74.65% to ¥3,333,827,072.05, reflecting new bank loans[20] - Short-term borrowings surged to CNY 3,333,827,072.05 from CNY 1,908,887,674.05, an increase of 74.3%[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 51,576[22] - The top ten shareholders collectively held significant stakes, with the largest shareholder owning 25.00%[24] Operating Costs and Expenses - Total operating costs for Q1 2023 were CNY 8,638,665,862.09, up from CNY 7,080,317,476.45 in the same period last year, reflecting a growth of 22.0%[34] - Research and development expenses for Q1 2023 were CNY 33,519,611.68, compared to CNY 26,119,539.35 in Q1 2022, indicating a growth of 28.3%[34] - The company incurred non-operating expenses of $16,189,936.52, compared to $9,898,065.44 in the previous period, indicating increased costs[36] Investment and Other Income - Non-operating income totaled ¥7,529,439.95, primarily from gains on the disposal of an associate company and government subsidies received[16] - Investment income dropped by 75.85% to ¥6,777,117.92, mainly due to a decrease in the purchase and redemption of financial products[20] - The company reported a fair value change gain of ¥331,527.77, a significant decrease compared to the previous period[20] - The company experienced a fair value change gain of $331,527.77, contrasting with a loss of -$10,296,263.86 previously[36]