长安B(200625) - 2023 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2023 was approximately ¥34.56 billion, a slight decrease of 0.06% compared to ¥34.58 billion in Q1 2022[3] - Net profit attributable to shareholders increased by 53.65% to approximately ¥6.97 billion from ¥4.54 billion in the same period last year[3] - Operating profit increased to CNY 6.85 billion in Q1 2023, up from CNY 4.52 billion in Q1 2022, marking a growth of 51.6%[21] - The company reported a total comprehensive income of CNY 6.68 billion, compared to CNY 4.53 billion in the previous year, an increase of 47.2%[22] Cash Flow and Liquidity - The net cash flow from operating activities surged by 339.81% to approximately ¥3.38 billion, compared to ¥769.27 million in Q1 2022[3] - Cash generated from operating activities was CNY 34.25 billion, compared to CNY 29.99 billion in Q1 2022, indicating a growth of 14.9%[24] - The cash and cash equivalents increased by 551.03% to approximately ¥8.08 billion, attributed to the acquisition of Deep Blue Automotive and the maturity of notes[9] - The cash and cash equivalents at the end of Q1 2023 amounted to CNY 60,571,409,295.01, an increase from CNY 47,726,459,231.18 at the end of Q1 2022[26] - The total cash inflow from operating activities was CNY 37,279,004,229.92, compared to CNY 31,497,229,906.83 in Q1 2022, showing an increase of approximately 18%[25] Assets and Liabilities - Total assets increased by 19.21% to approximately ¥174.11 billion from ¥146.05 billion at the end of the previous year[3] - Total current liabilities rose to ¥90,307,032,933.02 from ¥75,359,354,362.04, marking an increase of 19.9%[17] - Total liabilities increased to CNY 100.29 billion from CNY 83.10 billion, representing a rise of 20.7%[20] - The company’s goodwill increased significantly to ¥1,813,016,240.90 from ¥9,804,394.00, indicating a substantial rise[17] Investment and R&D - The company recognized investment income of approximately ¥4.96 billion, a 121.54% increase, mainly due to the revaluation of its equity in Deep Blue Automotive[8] - The company’s R&D expenses increased by 41.67% to approximately ¥1.36 billion, reflecting higher investment in research and development[8] - Research and development expenses rose to CNY 1.36 billion, up from CNY 961.53 million, reflecting a year-over-year increase of 41.7%[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 736,208[11] - The largest shareholder, China Changan Automobile Group Co., Ltd., holds 17.97% of shares, totaling 1,783,090,143 shares[11] - The company increased its stake in Deep Blue Automotive from 40.66% to 51.00%, effective from February 2023, and included in the consolidated financial statements[13] Inventory and Goods - The company reported a significant increase in inventory by 61.86% to approximately ¥9.43 billion, primarily due to the acquisition of Deep Blue Automotive and increased overseas sales[8] - Inventory as of March 31, 2023, reached ¥9,425,838,483.86, compared to ¥5,823,307,512.90 at the beginning of the year, indicating a growth of 62.5%[16] - The cash paid for purchasing goods and services was CNY 25,584,540,659.85, up from CNY 23,360,686,159.50 in the previous year, indicating a rise of about 9.5%[25] Financial Reporting - The company did not report any audited financial results for Q1 2023[27]