Yonggui(SZ:300351)2023-04-27 16:00Financial Performance - The company achieved operating revenue of CNY 319,210,396.84 in Q1 2023, representing a 6.35% increase compared to CNY 300,155,863.51 in the same period last year[5] - Net profit attributable to shareholders decreased by 8.85% to CNY 35,164,777.29 from CNY 38,578,900.51 year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 31,343,314.93, down 12.66% from CNY 35,885,638.96 in the previous year[5] - Total operating revenue for Q1 2023 was ¥319,210,396.84, an increase of 6.84% compared to ¥300,155,863.51 in Q1 2022[17] - Net profit for Q1 2023 was ¥33,641,866.56, a decrease of 15.4% from ¥39,511,765.85 in Q1 2022[19] - Total comprehensive income for Q1 2023 was ¥33,641,866.56, down from ¥39,511,765.85 in the previous year[19] Cash Flow and Operating Activities - The cash flow from operating activities showed a significant decline of 87.02%, resulting in a net outflow of CNY 86,977,722.59 compared to a net outflow of CNY 46,507,628.24 in the same period last year[5] - Cash flow from operating activities showed a net outflow of ¥86,977,722.59, worsening from a net outflow of ¥46,507,628.24 in Q1 2022[22] - Cash and cash equivalents were CNY 668,184,898.14, down from CNY 753,489,113.01, representing a decrease of approximately 11.3%[15] - Cash and cash equivalents at the end of Q1 2023 were ¥432,295,431.37, down from ¥529,488,355.27 at the beginning of the quarter[22] Revenue Segmentation - Revenue from the rail transit and industrial segment was CNY 135,952,800, a decrease of 11.86% year-on-year, while the vehicle and energy information segment revenue increased by 27.08% to CNY 168,253,500[5] - Revenue from the new energy vehicle business reached CNY 153,407,800, marking a 32.76% increase compared to the previous year[5] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,999,423,417.60, a decrease of 1.32% from CNY 3,039,599,549.50 at the end of the previous year[5] - Total liabilities decreased to CNY 686,636,370.64 from CNY 764,187,454.30, indicating a reduction of approximately 10.1%[16] - Current assets totaled CNY 2,308,654,252.50, down from CNY 2,360,375,274.51, reflecting a decline of about 2.2%[15] - Accounts receivable increased slightly to CNY 823,374,173.92 from CNY 814,723,333.00, showing a growth of about 1.3%[15] - Inventory rose to CNY 508,275,542.49 from CNY 493,765,448.83, marking an increase of approximately 2.9%[15] Shareholder Equity - The company's equity attributable to shareholders increased by 1.74% to CNY 2,275,128,824.34 from CNY 2,236,230,961.85 at the end of the previous year[5] - Total equity increased to CNY 2,312,787,046.96 from CNY 2,275,412,095.20, reflecting a growth of about 1.6%[16] - The company’s retained earnings rose to CNY 72,714,966.09 from CNY 37,550,188.80, indicating a substantial increase of approximately 93.8%[16] Expenses - Total operating costs rose to ¥290,310,648.59, up 11.31% from ¥260,760,230.12 in the previous year[17] - Research and development expenses increased to ¥24,265,642.56, up 16.5% from ¥20,862,660.50 in the same period last year[17] - The company reported a significant increase in sales expenses to ¥20,887,223.04, compared to ¥19,506,478.91 in Q1 2022[17] Other Information - The weighted average return on equity decreased to 1.56% from 1.82% year-on-year[5] - The company reported a significant increase of 44.65% in other income, totaling CNY 437,120 compared to CNY 302,200 in the previous year[10] - The company did not report any new product launches or major market expansions during this quarter[19]