五矿资本(600390) - 2023 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2023 was RMB 2,346,162,820.06, a decrease of 18.37% compared to the same period last year[4] - Operating income increased by 65.38% to RMB 185,240,911.12, driven by recovery in downstream demand from subsidiaries[4] - Net profit attributable to shareholders was RMB 953,517,471.23, reflecting a growth of 34.91% year-on-year[4] - Net profit excluding non-recurring gains and losses reached RMB 883,657,250.61, up 53.95% from the previous year[5] - Basic and diluted earnings per share were both RMB 0.19, an increase of 35.71% compared to the same period last year[5] - Weighted average return on equity rose by 0.56 percentage points to 2.11%[5] - Total revenue for Q1 2023 was ¥2,346,162,820.06, a decrease of 18.3% compared to ¥2,873,978,333.51 in Q1 2022[32] - Net profit for Q1 2023 increased to ¥1,146,548,834.68, compared to ¥933,034,601.02 in Q1 2022, representing a growth of 23.0%[34] - Earnings per share for Q1 2023 was ¥0.19, up from ¥0.14 in Q1 2022, indicating a 35.7% increase[34] - The company reported a total comprehensive income of ¥1,319,825,636.97 for Q1 2023, compared to ¥916,573,220.26 in Q1 2022, an increase of 43.9%[34] Cash Flow - Net cash flow from operating activities was negative at RMB -2,284,331,929.57, a decline of 158.33% year-on-year[5] - The net cash flow from operating activities for Q1 2023 was -2,284,331,929.57 RMB, a significant decrease compared to 3,916,418,268.43 RMB in Q1 2022[35] - Total cash inflow from operating activities amounted to 10,294,179,072.70 RMB, up from 9,420,227,784.25 RMB in the same period last year[35] - Cash outflow from operating activities increased to 12,578,511,002.27 RMB, compared to 5,503,809,515.82 RMB in Q1 2022[35] - Cash flow from investment activities showed a net inflow of 1,960,253,875.15 RMB, compared to 256,809,671.68 RMB in Q1 2022[36] - The company reported cash inflow from investment activities of 6,567,425,307.95 RMB, significantly higher than 823,749,684.06 RMB in the previous year[36] - Cash outflow from investment activities was 4,607,171,432.80 RMB, compared to 566,940,012.38 RMB in Q1 2022[36] - The net cash flow from financing activities was -39,626,813.41 RMB, an improvement from -1,410,211,550.41 RMB in Q1 2022[36] - Total cash inflow from financing activities was 162,510,000.00 RMB, down from 1,395,700,000.00 RMB in the same quarter last year[36] - The ending balance of cash and cash equivalents was 18,613,023,371.73 RMB, a decrease from 19,723,274,945.08 RMB at the end of Q1 2022[36] - The company experienced a net decrease in cash and cash equivalents of -367,168,858.44 RMB, contrasting with an increase of 2,762,359,474.40 RMB in Q1 2022[36] Assets and Liabilities - Total assets at the end of the reporting period were RMB 160,207,675,453.53, an increase of 4.79% from the end of the previous year[5] - Current assets totaled CNY 96.80 billion, slightly up from CNY 96.87 billion year-over-year, indicating a stable liquidity position[18] - Total liabilities rose to CNY 87.44 billion, compared to CNY 81.99 billion, marking an increase of approximately 6.1%[31] - The total liabilities increased to ¥100,518,941,203.84 from ¥94,515,539,659.76, marking a rise of 6.3%[32] - The total non-current assets reached CNY 63.41 billion, up from CNY 56.01 billion, reflecting a growth of about 12.3%[23] - The company’s total liabilities to total assets ratio stands at approximately 54.5%, indicating a moderate leverage position[23] Shareholder Information - China Minmetals Corporation holds 47.07% of the shares, totaling 2,117,064,042 shares[9] - China State Construction Capital Holdings Limited owns 3.94% of the shares, amounting to 177,339,901 shares[9] - Huabao Securities holds 3.58% of the shares, which is 160,825,621 shares[9] - Changsha Metallurgy Research Institute has 3.35% of the shares, totaling 150,751,955 shares[9] - The top ten shareholders include significant state-owned entities, indicating strong government influence in the company[11] - The report indicates that the company has no shares under pledge or restrictions for the majority of its top shareholders[12] - The total number of preferred shareholders is not applicable in this report, indicating a focus on common stock[12] - The company has a diverse shareholder base, with various investment funds and insurance companies among the top shareholders[13] Research and Development - Research and development expenses increased to ¥9,154,791.09 from ¥4,664,048.71, reflecting a growth of 96.5% year-over-year[33] Business Strategy - The report does not disclose any new product developments or market expansion strategies for the upcoming quarters[14] - There is no mention of mergers or acquisitions in the current financial report, suggesting a stable operational strategy[14]