GOLDWIND(002202)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥5,564,585,932.57, a decrease of 12.83% compared to ¥6,383,261,911.97 in the same period last year[3]. - Net profit attributable to shareholders was ¥1,234,730,532.58, down 2.42% from ¥1,265,377,546.81 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥1,043,348,515.56, a decline of 26.88% from ¥1,426,883,279.79 in the previous year[3]. - The total revenue for Q1 2023 reached CNY 9,920,675,651.05, an increase from CNY 8,192,796,703.81 in Q1 2022, representing a growth of approximately 21.1%[20]. - The net profit attributable to the parent company was CNY 1,234,730,532.58, compared to CNY 1,265,377,546.81 in the same period last year, showing a slight decrease of about 2.4%[19]. - The operating profit for Q1 2023 was CNY 1,894,122,309.77, up from CNY 1,599,940,007.20 in Q1 2022, indicating an increase of approximately 18.4%[18]. - The total comprehensive income attributable to the parent company was CNY 1,256,747,922.05, down from CNY 1,476,964,924.72 in the previous year, reflecting a decrease of about 14.9%[19]. - The total profit for Q1 2023 was CNY 1,888,745,150.43, compared to CNY 1,601,334,147.95 in the same period last year, reflecting an increase of approximately 17.9%[18]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥7,537,014,044.94, representing a 101.13% increase in cash outflow compared to -¥3,747,357,326.19 last year[3]. - The cash flow from operating activities totaled CNY 10,750,150,616.98, compared to CNY 8,973,305,698.16 in the same quarter last year, marking an increase of approximately 19.8%[20]. - The net cash outflow from operating activities for the period was RMB 7,537,014,044.94, an increase of 101.13% year-on-year, mainly due to increased cash payments for purchases and services[8]. - The cash outflow from financing activities for the period was RMB 1,009,830,874.76, an increase of 117.75% year-on-year, primarily due to a decrease in cash received from borrowings[8]. - The company's cash and cash equivalents at the end of the period were RMB 10,312,423,528.99, down from RMB 15,627,981,798.00 at the beginning of the year[14]. - The net cash flow from financing activities was -1,009,830,874.76 CNY, contrasting sharply with a positive flow of 5,687,803,920.47 CNY in the previous year[21]. - The cash and cash equivalents at the end of the period amounted to 8,257,520,220.54 CNY, slightly down from 8,258,029,727.24 CNY at the end of the previous year[21]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥129,784,319,720.80, a decrease of 5.14% from ¥136,822,377,978.20 at the end of the previous year[3]. - Total liabilities decreased to CNY 88,164,362,867.57 from CNY 96,476,083,842.73 in the previous year[16]. - The company's total assets decreased to CNY 129,784,319,720.80 from CNY 136,822,377,978.20 year-over-year[16]. - The company reported a decrease in accounts payable to CNY 19,966,320,873.16 from CNY 25,980,956,104.55 year-over-year[16]. - Long-term borrowings amounted to CNY 26,330,628,576.46, a decrease from CNY 28,366,187,568.98 in the previous year[16]. Expenses and Income - Financial expenses for the period were ¥307,155,246.98, an increase of 255.72% year-on-year, mainly due to foreign exchange rate fluctuations[7]. - The income tax expense for the period was RMB 615,753,235.90, an increase of 105.18% year-on-year, mainly due to an increase in taxable income[8]. - Research and development expenses increased to CNY 365,948,605.40, up from CNY 293,478,174.86 in Q1 2022, reflecting a focus on innovation[17]. - The company reported non-recurring gains of ¥191,382,017.02 for the period, with significant contributions from fair value changes of financial assets[5]. - The fair value change income for the period was RMB 207,547,737.33, an increase of 181.11% compared to the same period last year, mainly due to the rise in fair value of other non-current financial assets[8]. - The company reported a foreign exchange gain of CNY 74,014,334.57, compared to a gain of CNY 87,644,472.86 in the same period last year, showing a decrease of approximately 15.6%[19]. - The company reported a decrease of 92.80% in asset impairment losses for the period, amounting to RMB 64,794.79, mainly due to a reduction in inventory write-down provisions[8]. Orders and Sales - The total external orders as of March 31, 2023, amounted to 28,868.39 MW, including 4,528.47 MW from overseas orders[13]. - The company achieved external sales capacity of 1,110.03 MW in the first quarter of 2023, with the MSPM unit sales capacity accounting for 64.57%[13].