JSNE(603693)2023-04-25 16:00Financial Performance - The company's operating revenue for the reporting period was ¥554,494,834.23, representing a year-on-year increase of 3.58%[1] - The net profit attributable to shareholders was ¥176,449,632.49, reflecting a significant year-on-year growth of 37.92%[1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥172,058,002.41, up by 35.76% compared to the same period last year[1] - The net cash flow from operating activities reached ¥270,896,096.29, marking a substantial increase of 72.10% year-on-year[1] - Basic earnings per share were ¥0.20, which is a 42.86% increase compared to the previous year[1] - The weighted average return on equity improved to 2.86%, an increase of 0.63 percentage points year-on-year[1] - The total operating revenue for Q1 2023 was approximately RMB 554.49 million, compared to RMB 535.32 million in Q1 2022, indicating a growth of 3.67%[37] - The net profit for Q1 2023 was approximately RMB 208.42 million, compared to RMB 160.25 million in the same period last year, representing a year-on-year increase of 30.05%[37] - In Q1 2023, the net profit attributable to shareholders of the parent company was CNY 176,449,632.49, an increase of 37.8% compared to CNY 127,940,169.83 in Q1 2022[51] - The total revenue for Q1 2023 was CNY 208,422,687.36, up from CNY 160,246,302.03 in Q1 2022, reflecting a growth of 30.0%[51] Shareholder Information - The total number of common shareholders at the end of the reporting period was 36,216[2] - The largest shareholder, Jiangsu Guoxin Group Co., Ltd., holds 57.27% of the shares, totaling 510,575,880 shares[2] Power Generation and Projects - The company reported an increase in wind power generation due to favorable wind resources, contributing to the rise in revenue and profit[6] - The company is actively pursuing measures to reduce losses in its biomass power generation projects, which are currently undergoing transformation[6] - The total power generation of the company's controlled new energy projects in Q1 2023 reached 895 million kWh, a year-on-year increase of 5.46%[18] - The on-grid electricity for the same period was 869 million kWh, up 5.92% year-on-year[18] - Wind power generation totaled 863 million kWh, reflecting a 10.56% increase year-on-year, with onshore wind projects generating 656 million kWh, up 16.83%[18] - Offshore wind power generation decreased by 5.48% year-on-year, totaling 207 million kWh[18] - Photovoltaic projects generated 28 million kWh, a 12.10% increase year-on-year, with on-grid electricity at 24 million kWh, up 9.67%[18] - Biomass power generation saw a significant decline of 91.54% year-on-year, with total generation in Q1 at only 2 million kWh[18] Cash Flow and Assets - The net cash flow from operating activities in Q1 2023 was -CNY 10,981,023.55, worsening from -CNY 9,575,796.12 in Q1 2022[45] - Cash and cash equivalents at the end of Q1 2023 increased to CNY 426,658,215.47 from CNY 396,932,145.90 at the end of Q1 2022, representing a rise of 7.0%[45] - The total assets as of March 31, 2023, were CNY 16,161,502,736.72, compared to CNY 15,850,377,044.31 at the end of 2022, indicating a growth of 2.0%[49] - The company reported a net cash inflow from investment activities of CNY 37,339,184.48 in Q1 2023, a significant improvement from -CNY 8,615,123.06 in Q1 2022[45] - The cash flow from financing activities was not detailed, but the company maintained a stable cash position with a net increase of CNY 26,358,160.93 in cash and cash equivalents during the quarter[45] - The company’s accounts receivable increased to CNY 2,272,676,408.25 in Q1 2023 from CNY 2,081,057,794.37 in Q1 2022, reflecting a growth of 9.2%[48] - The company’s inventory decreased slightly to CNY 16,649,856.32 from CNY 16,986,335.44, indicating a reduction of 2.0%[48] Equity and Liabilities - The company's total liabilities as of Q1 2023 were approximately RMB 8.94 billion, slightly up from RMB 8.85 billion in the previous year[36] - The total operating costs decreased to approximately RMB 336.77 million from RMB 365.11 million, a reduction of 7.77% year-on-year[37] - The total liabilities decreased to ¥6,337,469.88 in Q1 2023 from ¥7,609,089.21 in the previous period, showing a decline of approximately 17%[65] - The total equity increased to ¥4,873,156,371.78 in Q1 2023 from ¥4,838,755,188.26 in Q4 2022, reflecting a growth of about 0.7%[65] - Equity attributable to shareholders rose by 2.96% to approximately ¥6.25 billion year-over-year[68] Investment and Future Plans - The company plans to continue expanding its market presence and invest in new technologies[72] - The company reported a significant increase in shareholder equity, indicating a strong financial position moving forward[68]