BOW(SZ:300070)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,715,800,906.77, a decrease of 4.84% compared to ¥1,802,999,449.14 in the same period last year[3] - Net profit attributable to shareholders was ¥48,159,161.36, an increase of 28.08% from ¥37,600,355.39 year-on-year[3] - The net profit after deducting non-recurring gains and losses reached ¥33,710,601.22, a significant increase of 2,557.34% compared to ¥1,268,583.00 in the previous year[3] - Total operating revenue for Q1 2023 was CNY 1,715,800,906.77, a decrease of 4.84% compared to CNY 1,802,999,449.14 in Q1 2022[22] - Net profit for Q1 2023 reached CNY 42,162,014.91, an increase of 91.73% compared to CNY 21,972,010.73 in Q1 2022[23] - Total comprehensive income for Q1 2023 was CNY 49,080,698.29, a decrease from CNY 55,314,265.09 in Q1 2022[24] - Basic and diluted earnings per share for Q1 2023 were CNY 0.0133, an increase from CNY 0.0104 in Q1 2022[24] Cash Flow - The net cash flow from operating activities improved to -¥282,981,986.35, a 57.03% reduction in cash outflow compared to -¥658,554,805.19 last year[9] - Cash inflow from operating activities totaled CNY 1,583,836,908.90, down from CNY 1,743,974,247.31 in the same period last year[26] - Cash outflow from operating activities was CNY 1,866,818,895.25, compared to CNY 2,402,529,052.50 in Q1 2022[26] - Net cash flow from investing activities was CNY -572,229,782.25, a decline from CNY 85,119,116.30 in the previous year[26] - Cash inflow from financing activities reached CNY 4,949,188,535.95, up from CNY 3,422,462,375.92 in Q1 2022[27] - Net cash flow from financing activities was CNY 404,881,195.24, down from CNY 693,668,465.08 in the same period last year[27] - The ending balance of cash and cash equivalents was CNY 4,409,751,134.89, compared to CNY 3,938,686,812.79 at the end of Q1 2022[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥73,599,524,231.18, reflecting a 1.31% increase from ¥72,649,393,998.40 at the end of the previous year[3] - Total current assets at the end of the first quarter of 2023 amounted to ¥23,443,864,338.98, a decrease of 0.74% from ¥23,618,660,527.21 at the beginning of the year[19] - The company's long-term equity investments rose from ¥6,014,671,723.23 to ¥6,391,429,830.08, reflecting an increase of about 6.25%[19] - Total liabilities increased to CNY 43,925,979,011.10 in Q1 2023 from CNY 43,203,728,109.92 in Q1 2022, marking a rise of 1.67%[21] - The company's total non-current assets reached CNY 50,155,659,892.20, up from CNY 49,030,733,471.19 in the previous year, reflecting a growth of 2.29%[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 83,302[10] - The largest shareholder, China Urban Holdings Group Co., Ltd., holds a 33.04% stake, amounting to 1,197,585,927 shares[10] - The number of restricted shares for major shareholders was adjusted, with a total of 106,927,769 shares released from restrictions during the reporting period[13] - The company did not engage in any repurchase transactions for its shares during the reporting period[12] Expenses - The company reported a 40.85% increase in tax and additional fees, totaling ¥15,252,266.28, primarily due to increased VAT payments[7] - Financial expenses decreased by 58.37% to ¥65,861,810.04, attributed to lower interest expenses and increased service fees[7] - Total operating costs for Q1 2023 were CNY 1,667,629,027.80, down from CNY 1,773,856,693.80 in the same period last year, reflecting a reduction of 5.98%[22] - Research and development expenses for Q1 2023 amounted to CNY 51,810,722.67, up from CNY 49,837,014.02 in Q1 2022, indicating a growth of 3.94%[23] Management Changes - The company appointed two new vice presidents on January 17, 2023, enhancing its management team[14] Audit Information - The company did not undergo an audit for the Q1 2023 report[28]