XZCE(SZ:002534)2023-04-28 16:00Financial Performance - The company's revenue for Q1 2023 was ¥1,551,762,714.41, representing a 16.19% increase compared to ¥1,335,585,082.23 in the same period last year[4] - Net profit attributable to shareholders decreased by 38.88% to ¥24,551,531.84 from ¥40,168,934.78 year-on-year[4] - The net profit after deducting non-recurring gains and losses increased by 57.64% to ¥14,471,863.76 from ¥9,180,365.30 in the previous year[4] - The company reported a significant increase in government subsidies, with other income rising by 54.07% to ¥11,058,354.51 from ¥7,177,672.19[8] - The company experienced a 226.70% increase in financial expenses, amounting to ¥11,816,300.64 due to rising bank loan interest[8] - Total operating revenue for Q1 2023 was CNY 1,551,762,714.41, an increase of 16.2% compared to CNY 1,335,585,082.23 in Q1 2022[18] - Net profit for Q1 2023 was CNY 34,315,059.29, a decrease of 32.9% from CNY 51,184,019.01 in Q1 2022[19] - The total comprehensive income for Q1 2023 was CNY 39,201,749.39, compared to CNY 51,792,995.48 in Q1 2022, reflecting a decline of 24.4%[20] Cash Flow and Investments - The net cash flow from operating activities improved by 68.62%, reaching -¥155,506,071.52 compared to -¥495,513,533.34 in the same period last year[4] - Total cash inflow from operating activities was 1,458,193,526.13 CNY, compared to 1,135,928,469.81 CNY in the prior year, representing an increase of approximately 28.4%[22] - Cash outflow from operating activities totaled 1,613,699,597.65 CNY, slightly down from 1,631,442,003.15 CNY in the previous period[22] - The net cash flow from investing activities was -231,609,419.34 CNY, worsening from -78,258,308.97 CNY year-over-year[23] - Cash inflow from investing activities was 79,469,725.04 CNY, down from 156,517,192.08 CNY in the previous year[23] - Cash outflow from investing activities increased to 311,079,144.38 CNY from 234,775,501.05 CNY year-over-year[23] - The net cash flow from financing activities decreased by 34.51% to ¥133,427,610.04 compared to ¥203,748,056.86 in the previous year[8] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,105,391,981.78, a 0.95% increase from ¥15,953,162,511.95 at the end of the previous year[4] - The company's total liabilities as of Q1 2023 amounted to CNY 11,931,211,736.64, slightly up from CNY 11,834,567,974.82 in the previous year[16] - The total equity attributable to shareholders of the parent company was CNY 3,735,326,588.04, an increase from CNY 3,699,986,544.39 year-over-year[16] - Total current assets amount to ¥10,937,487,023.03, slightly up from ¥10,885,407,927.93 at the beginning of the year[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 36,933[10] - The largest shareholder, Xizi Elevator Group Co., Ltd., holds 39.01% of shares, totaling 288,349,956 shares[10] - The company has no preferred shareholders as indicated in the report[12] - The company has no known related party transactions among the top shareholders[11] - There are no shareholders participating in margin trading activities[11] Research and Development - Research and development expenses for Q1 2023 were CNY 77,514,856.51, down 19.8% from CNY 96,685,765.15 in Q1 2022[19] Earnings and Returns - The weighted average return on equity decreased to 0.66% from 1.10% year-on-year, a decline of 0.44%[4] - The company reported a basic earnings per share of CNY 0.03 for Q1 2023, down from CNY 0.06 in the same quarter last year[20] Inventory and Receivables - The company reported a 48.97% increase in accounts receivable, reaching ¥211,270,405.02 due to increased bill collections during the period[8] - Accounts receivable decreased to ¥1,741,679,144.98 from ¥1,855,988,250.22[13] - Inventory increased to ¥2,065,059,381.93 from ¥1,903,017,435.71[14] Cash and Cash Equivalents - Cash and cash equivalents decreased to ¥3,389,492,060.42 from ¥3,613,431,601.43[13] - The ending cash and cash equivalents balance was 3,236,573,862.12 CNY, down from 3,298,313,213.48 CNY in the previous year[23] Audit Information - The company did not undergo an audit for the first quarter report[24]