FCSC(002797)2023-04-28 16:00Financial Performance - Total operating revenue for Q1 2023 reached ¥691,865,297.91, an increase of 30.17% compared to the same period last year[4] - Net profit attributable to shareholders was ¥140,884,273.51, representing a significant increase of 95.96% year-on-year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥135,339,257.55, up 97.45% from the previous year[4] - Basic earnings per share for the quarter was ¥0.034, reflecting a 100% increase year-on-year[4] - The total comprehensive income for Q1 2023 was ¥166,080,028.94, compared to ¥75,643,513.19 in Q1 2022, marking a 119.5% increase[19] - Net profit for Q1 2023 was ¥173,439,957.62, compared to ¥82,939,835.83 in Q1 2022, representing a 109.1% year-over-year growth[19] Cash Flow and Assets - The net cash flow from operating activities was ¥1,314,130,387.44, a significant improvement from a negative cash flow of ¥1,051,833,936.87 in the same period last year[4] - The company reported a net cash inflow from operating activities of ¥1,314,130,387.44, a significant improvement from a net outflow of ¥-1,051,833,936.87 in the same period last year[20] - The company experienced a net cash outflow from financing activities of ¥718,279,855.75 in Q1 2023, contrasting with a net inflow of ¥1,053,307,014.51 in Q1 2022[21] - The net cash and cash equivalents at the end of Q1 2023 stood at ¥10,607,325,258.72, slightly down from ¥10,661,020,922.83 at the end of Q1 2022[21] - The company's cash and cash equivalents increased to RMB 9.38 billion from RMB 8.76 billion year-over-year[15] Shareholder and Equity Information - Shareholder equity attributable to the parent company was ¥14,744,744,901.19, an increase of 0.91% from the previous year[4] - The company's equity attributable to shareholders increased to RMB 14.74 billion from RMB 14.61 billion year-over-year[17] - The total number of ordinary shareholders at the end of the reporting period was 223,332[8] - Shareholder Huaxi Xinyu reduced its holdings by 72,640,000 shares, representing 1.73% of the total share capital, bringing its ownership below 5%[10] Liabilities and Financial Obligations - The total liabilities decreased to RMB 31.37 billion from RMB 32.55 billion, indicating a reduction in financial obligations[17] Operational Developments - The company established a new branch office in Wuxi, enhancing its operational footprint[11][12] - The company issued short-term financing bonds totaling RMB 1 billion in the first quarter of 2023 to support business development[14] Income and Other Financial Metrics - The company reported non-recurring gains of ¥5,545,015.96 for the quarter, primarily from government subsidies and other income[5] - The company’s net interest income decreased to ¥27,679,578.93 in Q1 2023 from ¥45,364,989.80 in Q1 2022, reflecting a decline of 38.9%[18] - The company’s investment income for Q1 2023 was ¥161,131,298.35, down from ¥181,831,846.76 in Q1 2022, a decrease of 11.5%[18] - The company reported a significant increase in other income, which rose to ¥8,115,403.72 in Q1 2023 from ¥4,482,933.55 in Q1 2022, an increase of 81.5%[18] Asset Overview - Total assets at the end of the reporting period were ¥46,778,554,833.66, a decrease of 2.15% compared to the end of the previous year[4] - As of March 31, 2023, the company's total assets amounted to RMB 46.78 billion, a decrease from RMB 47.81 billion as of December 31, 2022[15][17] - The company reported a decrease in trading financial assets to RMB 20.93 billion from RMB 22.13 billion[16] - The company’s customer funds deposits rose to RMB 7.03 billion from RMB 6.32 billion, reflecting increased client activity[15] Management Structure - The company has no controlling shareholder or actual controller, maintaining independent management and operational integrity[10]