领益智造(002600) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥7,214,282,592.17, representing a 2.12% increase compared to ¥7,064,818,390.46 in the same period last year[4] - Net profit attributable to shareholders increased by 115.01% to ¥646,721,065.51 from ¥300,790,440.71 year-on-year[4] - Basic and diluted earnings per share rose by 125.00% to ¥0.09 from ¥0.04 in the previous year[4] - Total operating revenue for Q1 2023 was CNY 7,214,282,592.17, an increase of 2.12% compared to CNY 7,064,818,390.46 in the same period last year[18] - Net profit for Q1 2023 reached CNY 645,668,315.92, up 114.48% from CNY 300,588,181.01 in Q1 2022[19] - The total comprehensive income for the first quarter was CNY 642,952,513.12, compared to CNY 360,279,320.95 in the previous period, representing an increase of approximately 78.4%[20] Cash Flow and Liquidity - The net cash flow from operating activities surged by 172.19% to ¥2,549,953,502.81, up from ¥936,830,670.71 in Q1 2022[4] - Cash inflow from operating activities totaled CNY 10,747,776,302.08, up from CNY 9,309,414,185.83, indicating an increase of about 15.5%[21] - Cash outflow for operating activities was CNY 8,197,822,799.27, slightly down from CNY 8,372,583,515.12, showing a decrease of approximately 2.1%[21] - The net cash flow from investment activities was -CNY 647,648,558.33, an improvement from -CNY 1,320,112,194.91 in the previous period[22] - Cash inflow from investment activities was CNY 823,863,768.75, compared to CNY 160,232,992.55 in the previous period, representing a substantial increase of approximately 414%[22] - The ending balance of cash and cash equivalents was CNY 4,194,916,233.19, compared to CNY 3,754,283,558.50 in the previous period, indicating an increase of approximately 11.7%[22] Assets and Liabilities - Total assets decreased by 2.83% to ¥35,167,397,059.65 compared to ¥36,192,009,841.95 at the end of the previous year[4] - Total liabilities decreased to CNY 17,230,005,604.04 from CNY 18,935,089,680.03, indicating improved financial stability[16] - The company's cash and cash equivalents decreased from CNY 19,407,487,148.29 to CNY 18,230,926,491.67, reflecting a cash outflow[16] - Long-term borrowings increased to CNY 4,357,546,797.48 from CNY 3,825,229,456.72, indicating potential expansion financing[16] - The company’s equity attributable to shareholders rose to CNY 17,828,094,545.66 from CNY 17,166,632,680.85, showing growth in shareholder value[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 214,053[10] - The company has a total of 10 major shareholders, with the largest being Lingsheng Investment (Shenzhen) Co., Ltd., holding 4,139,524,021 shares[11] Legal Proceedings - The company received a total of ¥118,317,971.32 from the Dongguan Intermediate People's Court as part of an ongoing legal case, with previous amounts of ¥4,276,938.80 and ¥65,591,440.17 received earlier in February 2023[12] - The company is actively involved in legal proceedings related to a guarantee case, with multiple payments received from the court[12] Operational Metrics - The weighted average return on equity improved by 1.82 percentage points to 3.70% from 1.88%[4] - The company recorded a 321.11% increase in credit impairment losses, amounting to ¥308,856,319.40, primarily due to the recovery of receivables related to a guarantee case[8] - The company’s government subsidies recognized in profit increased by 43.65% to ¥51,249,490.84 compared to ¥35,677,071.21 in the previous year[8] - Accounts receivable decreased to ¥6,630,910,079.28 from ¥9,113,719,654.76, indicating a reduction of about 27.2%[14] - Inventory levels decreased to ¥4,524,326,185.45 from ¥5,101,359,957.13, reflecting a decline of approximately 11.3%[14] - Other receivables decreased to ¥170,582,108.17 from ¥195,226,081.26, a decline of approximately 12.6%[14] - The company reported a significant increase in prepayments to ¥125,269,283.89 from ¥114,698,176.39, which is an increase of about 9.1%[14] - The company reported a significant increase in R&D expenses, totaling CNY 470,936,320.20, compared to CNY 451,868,072.56 in the previous year[19] Audit Information - The company did not undergo an audit for the first quarter report[23]