信质集团(002664) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥987,223,635.67, representing a 19.17% increase compared to ¥828,399,659.68 in the same period last year[4]. - Net profit attributable to shareholders was ¥39,658,340.18, up 24.44% from ¥31,868,304.48 year-on-year[4]. - The basic earnings per share increased to ¥0.0982, reflecting a 24.46% rise from ¥0.0789 in the prior year[4]. - Net profit for Q1 2023 reached CNY 38,248,291.43, representing a 21.4% increase from CNY 31,513,391.35 in Q1 2022[18]. - The company reported a total profit of CNY 46,851,153.73 for Q1 2023, an increase of 35.4% from CNY 34,593,900.21 in Q1 2022[18]. Cash Flow and Operating Activities - The net cash flow from operating activities improved significantly, with a net outflow of ¥52,975,203.46, a 59.97% reduction from the previous year's outflow of ¥132,335,141.51[4]. - Cash flow from operating activities showed a net outflow of CNY 52,975,203.46, an improvement from a net outflow of CNY 132,335,141.51 in the previous year[21]. - The company received CNY 48,056,422.86 in tax refunds during Q1 2023, significantly higher than CNY 6,795,628.45 in Q1 2022[21]. - Investment activities resulted in a net cash outflow of CNY 95,797,912.20 in Q1 2023, compared to a net outflow of CNY 65,253,481.40 in the same period last year[21]. - Financing activities generated a net cash inflow of CNY 348,170,273.63 in Q1 2023, up from CNY 292,003,623.74 in Q1 2022[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,732,234,878.87, a slight decrease of 0.63% from ¥7,780,956,763.76 at the end of the previous year[4]. - The company's current assets increased to CNY 5,372,695,724.37 from CNY 4,728,552,024.32, reflecting a growth of approximately 13.6%[14]. - Total liabilities decreased to CNY 4,569,287,635.99 from CNY 4,658,179,602.32, representing a reduction of approximately 1.9%[15]. - The company's equity attributable to shareholders rose to ¥3,158,203,981.19, marking a 1.13% increase from ¥3,122,777,161.44 at the end of the last year[4]. - The company's equity attributable to shareholders increased to CNY 3,158,203,981.19 from CNY 3,116,623,851.00, marking a growth of about 1.3%[15]. Expenses and Gains - Management expenses rose by 36.46% to ¥28,222,873.73, attributed to increased consulting fees during the reporting period[8]. - The company recorded a 119.17% increase in fair value gains, amounting to ¥352,846.48, due to unfulfilled forward foreign exchange contracts being recognized at fair value[8]. - The company’s investment income decreased by 94.53% to ¥244,231.64, primarily due to reduced gains from forward foreign exchange contracts[8]. Other Financial Metrics - The total liabilities to equity ratio improved slightly, reflecting a more favorable financial leverage position for the company[15]. - Total operating costs for Q1 2023 were CNY 930,826,093.43, up 16.3% from CNY 800,264,776.46 in the same period last year[17]. - Cash and cash equivalents rose to CNY 1,031,459,957.07, up from CNY 937,705,389.68, indicating an increase of about 10.0%[14]. - Cash and cash equivalents at the end of Q1 2023 totaled CNY 731,027,169.49, down from CNY 774,617,232.14 at the end of Q1 2022[22]. Company Leadership - The chairman of Xinzhi Group Co., Ltd. is Yin Wei, who presented the earnings call on April 18, 2023[24].