海油发展(600968) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 9,538,225,577.04, representing a year-on-year increase of 16.37%[4] - The net profit attributable to shareholders of the listed company was RMB 412,831,603.12, reflecting a year-on-year growth of 37.25%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 334,123,608.59, up by 35.63% compared to the same period last year[4] - The basic and diluted earnings per share were both RMB 0.0406, marking a 37.25% increase year-on-year[5] - Total operating revenue for Q1 2023 reached RMB 9.54 billion, a 16.4% increase from RMB 8.20 billion in Q1 2022[17] - Net profit for Q1 2023 was RMB 438.30 million, representing a 35.3% increase compared to RMB 324.12 million in Q1 2022[18] - Total comprehensive income for Q1 2023 was RMB 412.82 million, compared to RMB 317.34 million in Q1 2022, marking a 30% increase[19] Cash Flow and Investments - The net cash flow from operating activities was RMB 1,692,482,011.38, showing a slight decrease of 2.49% year-on-year[4] - Cash inflow from operating activities in Q1 2023 was RMB 14.03 billion, compared to RMB 12.66 billion in Q1 2022, reflecting a 10.8% increase[20] - The total cash outflow from investing activities was 4,922,237,408.81, significantly higher than 2,473,616,307.18 in the same period last year, resulting in a net cash flow from investing activities of -2,189,778,931.35[21] - Cash inflow from investment activities increased to 2,732,458,477.46, compared to 1,920,688,558.67 in the previous year, marking an increase of approximately 42.3%[21] - The cash flow from financing activities showed a net increase of 52,361,893.54, compared to 12,825,528.09 in the previous year, indicating a positive trend in financing[21] Assets and Liabilities - Total assets at the end of the reporting period were RMB 39,625,362,863.06, down by 2.57% from the end of the previous year[5] - Total current assets as of March 31, 2023, amounted to ¥21,366,790,159.47, a decrease from ¥23,312,539,784.69 as of December 31, 2022, representing a decline of approximately 8.36%[14] - Total liabilities as of March 31, 2023, were ¥16,145,240,168.17, down from ¥17,631,490,126.11, indicating a decrease of approximately 8.43%[15] - The company's total assets decreased to ¥39,625,362,863.06 from ¥40,670,871,979.89, a decline of about 2.57%[16] - The total equity attributable to shareholders increased to ¥22,739,281,172.69 from ¥22,327,561,771.84, reflecting a growth of approximately 1.85%[16] Operational Efficiency - The company plans to continue enhancing operational efficiency and cost control measures to sustain profit growth[8] - The company's cash and cash equivalents stood at ¥3,285,210,855.88, down from ¥3,738,686,934.54, a decrease of about 12.13%[13] - The company's inventory increased to ¥987,852,898.01 from ¥855,407,574.29, representing an increase of about 15.43%[14] - The short-term borrowings were reported at ¥57,522,656.18, indicating a significant reduction compared to previous periods[15] - The company reported a significant increase in contract liabilities to ¥1,648,758,388.57 from ¥524,988,277.41, reflecting a growth of approximately 213.06%[15] Expenses - Research and development expenses for Q1 2023 amounted to RMB 188.85 million, a 7.3% increase from RMB 175.71 million in Q1 2022[17] - Financial expenses for Q1 2023 were RMB 19.92 million, significantly higher than RMB 5.99 million in Q1 2022[17] - The cash outflow for employee compensation was 1,511,861,215.51, an increase from 1,168,132,187.15 in the previous year, representing a growth of about 29.2%[21] - The cash paid for taxes was 535,108,110.11, slightly down from 538,802,343.01 in the previous year, indicating a stable tax payment situation[21]