森麒麟(002984) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,657,704,459.58, representing a 14.53% increase compared to CNY 1,447,421,402.81 in the same period last year[3] - Net profit attributable to shareholders for Q1 2023 was CNY 250,186,589.84, up 7.33% from CNY 233,108,091.53 in Q1 2022[3] - Operating profit for the quarter was CNY 261,423,682.38, compared to CNY 244,846,553.61 in the previous year, indicating a growth of 6.7%[18] - The total profit for Q1 2023 was CNY 261,478,512.22, compared to CNY 244,852,475.54 in Q1 2022, representing an increase of approximately 6.6%[19] - The net profit for Q1 2023 was CNY 250,186,594.34, up from CNY 233,108,097.30 in the same period last year, indicating a growth of about 7.3%[19] - The basic earnings per share for Q1 2023 were CNY 0.3851, compared to CNY 0.3588 in Q1 2022, reflecting an increase of approximately 7.5%[19] Cash Flow - The net cash flow from operating activities increased significantly by 432.28%, reaching CNY 387,444,324.88 compared to CNY 72,789,321.57 in the previous year[5] - Cash inflow from operating activities totaled CNY 1,706,524,759.04 in Q1 2023, compared to CNY 1,458,207,556.63 in Q1 2022, marking a rise of about 17.0%[21] - The net cash flow from investing activities was -CNY 238,304,427.41 in Q1 2023, compared to -CNY 185,756,996.91 in Q1 2022, indicating an increase in cash outflow for investments[21] - The net cash flow from financing activities was -CNY 17,510,000.00 in Q1 2023, compared to -CNY 487,213,795.50 in Q1 2022, showing a reduction in cash outflow for financing[22] Assets and Liabilities - The total assets as of March 31, 2023, were CNY 11,126,633,130.97, a slight increase of 0.10% from CNY 11,115,557,161.84 at the end of the previous year[3] - The total liabilities decreased to CNY 3,337,299,061.59 from CNY 3,491,891,987.33, a reduction of approximately 4.4%[16] - The total equity attributable to shareholders increased to CNY 7,789,333,914.12, up from CNY 7,623,665,021.71, reflecting a growth of 2.2%[16] - The total current asset of CNY 4,783,406,131.67, a decrease from CNY 4,831,168,349.72 at the beginning of the year, reflecting a decline of approximately 1%[15] - The company’s fixed assets decreased to CNY 4,810,014,499.53 from CNY 4,955,960,576.81, a decline of about 2.9%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,860, with the largest shareholder holding 42.25% of the shares[6] - The company’s actual controller and some directors plan to increase their shareholdings within three months starting from February 22, 2023, to boost investor confidence[12] Expenses - Total operating costs amounted to CNY 1,409,278,671.06, up from CNY 1,215,288,675.72, reflecting a year-over-year increase of 15.9%[18] - Research and development expenses increased to CNY 28,229,694.42, up from CNY 24,671,148.80, representing a rise of 14.5% year-over-year[18] - Financial expenses rose to CNY 23,700,854.16, compared to CNY 14,202,196.43 in the previous year, marking a significant increase of 67.1%[18] - Tax expenses for the quarter were CNY 6,681,158.25, significantly higher than CNY 3,061,209.31 in the same period last year, representing a rise of 118.5%[18] Other Financial Metrics - The company reported a significant increase in interest income of 74.10%, amounting to CNY 13,367,542.86, attributed to higher deposit balances[5] - The company reported a net investment income of CNY 20,927,842.94, compared to CNY 17,437,735.82 in the previous year, indicating an increase of 20.5%[18] - The total comprehensive income for Q1 2023 was CNY 183,368,021.62, down from CNY 211,805,086.84 in Q1 2022, reflecting a decrease of approximately 13.4%[19] Investments - The company plans to invest in a high-performance tire project in Morocco, which was approved in January 2023[11] - The company has approved the issuance of A-shares to specific investors, with related matters discussed in multiple board meetings throughout early 2023[10]