CGWS(SZ:002939)2023-04-21 16:00Financial Performance - Total operating revenue for Q1 2023 reached ¥1,119,714,283.09, an increase of 79.55% compared to ¥623,631,469.90 in the same period last year[3] - Net profit attributable to shareholders was ¥450,777,544.23, a significant recovery from a loss of ¥78,271,539.83 in the previous year[3] - Basic earnings per share for Q1 2023 was ¥0.11, compared to a loss of ¥0.03 per share in the same period last year[3] - Net cash flow from operating activities improved to ¥158,207,266.69, a recovery from a negative cash flow of ¥802,111,348.18 in the previous year[3] - Investment income for Q1 2023 was ¥463,171,777.52, significantly higher than ¥140,754,408.54 in Q1 2022, indicating strong investment performance[20] - The company’s total expenses decreased to ¥601,574,635.67 in Q1 2023 from ¥797,198,448.52 in Q1 2022, a reduction of 24.6%[20] Asset and Liability Management - Total assets increased by 11.72% to ¥111,991,832,441.12 from ¥100,240,824,204.01 at the end of the previous year[3] - The company's total assets increased to ¥111,991,832,441.12 in Q1 2023, up from ¥100,240,824,204.01 in Q1 2022, reflecting a growth of 11.7%[21] - The company's total liabilities increased to 83.460 billion yuan from 72.164 billion yuan, reflecting a growth of about 15.9%[18] - Total liabilities and equity reached ¥28,531,374,948.72 in Q1 2023, compared to ¥28,076,908,475.83 in Q1 2022, showing a slight increase[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 84,320[8] - Major shareholder Huaneng Capital Service Co., Ltd. held 46.38% of the shares, indicating strong institutional support[8] Cash Flow Analysis - The cash inflow from operating activities totaled ¥10,938,435,722.53 in Q1 2023, compared to ¥8,514,349,965.07 in Q1 2022, indicating improved operational efficiency[22] - The net cash flow from financing activities was 2,658,380,174.79 CNY, compared to a negative cash flow of -930,862,639.90 CNY in the previous year[23] - The total cash and cash equivalents at the end of the period increased to 25,746,490,655.85 CNY from 23,371,666,042.21 CNY year-over-year[23] - The net increase in cash and cash equivalents was 2,847,717,429.00 CNY, compared to a decrease of -1,532,635,723.65 CNY in the previous year[23] Corporate Actions - The company relocated and renamed several branches to optimize its business layout, with three securities branches being closed during the reporting period[11][12] - The company successfully lifted the trading restrictions on 384.218 million shares from a non-public offering, which became tradable on February 22, 2023[15] - There were changes in the board of directors, with resignations and new nominations for board members and supervisors during the reporting period[16] Other Financial Metrics - Non-recurring gains and losses amounted to ¥3,438,484.13, primarily from government subsidies and the reversal of impairment provisions[4] - The weighted average return on equity rose to 1.62%, an increase of 2.02 percentage points from -0.40% in the same period last year[3] - The company reported a decrease in net interest income to ¥7,032,544.48 in Q1 2023 from ¥57,950,558.96 in Q1 2022, reflecting changes in interest rates[20] - The cash paid for debt repayment was 3,275,748,669.62 CNY, down from 5,165,370,754.73 CNY year-over-year[23] - The cash paid for dividends and interest was 277,337,399.34 CNY, slightly down from 277,978,756.79 CNY year-over-year[23] Audit Status - The first quarter report was not audited[24]