方大炭素(600516) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,388,029,229.24, representing a year-on-year increase of 3.15%[4]. - Net profit attributable to shareholders decreased by 22.65% to CNY 171,285,330.47, while the net profit excluding non-recurring gains and losses increased by 33.35% to CNY 199,568,219.16[4][7]. - Basic and diluted earnings per share were both CNY 0.0425, down 22.73% compared to the same period last year[4]. - Net profit for Q1 2024 was CNY 174,726,993.43, a decrease of 22.9% from CNY 226,524,994.82 in Q1 2023[24]. - Earnings per share (EPS) for Q1 2024 was CNY 0.0425, down from CNY 0.0550 in Q1 2023[25]. - The company's weighted average return on equity was 1.00%, a decrease of 0.32 percentage points from the previous year[4]. Cash Flow - The net cash flow from operating activities was negative at CNY -18,590,779.34, indicating a significant cash outflow during the quarter[4]. - Cash flow from operating activities was CNY 1,034,121,584.91, a decrease of 18.7% compared to CNY 1,272,746,797.18 in Q1 2023[26]. - The net cash flow from operating activities for Q1 2024 was -18,590,779.34, an improvement from -39,017,808.09 in Q1 2023[27]. - Total cash inflow from investment activities was 139,766,786.26, significantly lower than 1,558,915,705.01 in the same period last year[27]. - The net cash flow from financing activities was 447,705,323.49, down from 1,560,235,784.58 in Q1 2023[28]. - Cash outflow for operating activities totaled 1,139,433,424.95, a decrease from 1,422,723,271.43 in the previous year[27]. - Cash inflow from operating activities was 1,120,842,645.61, down from 1,383,705,463.34 in Q1 2023[27]. - The company reported a cash increase of 414,589,671.32 during Q1 2024, contrasting with a significant increase of 2,375,898,338.96 in Q1 2023[28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 22,025,584,371.63, an increase of 1.46% from the end of the previous year[4]. - The company's current assets reached CNY 11,033,249,943.12, up from CNY 10,671,825,270.09, indicating an increase of about 3.39%[17]. - Cash and cash equivalents stood at CNY 6,600,549,887.21, compared to CNY 6,191,289,792.28 at the end of 2023, representing a growth of approximately 6.60%[17]. - The total liabilities of the company were CNY 3,420,589,480.51, an increase from CNY 3,265,262,500.94, marking a rise of about 4.77%[20]. - The company's equity remained stable at CNY 18,605,994,891.12, with no significant changes reported in the equity structure[20]. - The inventory decreased to CNY 1,678,418,484.71 from CNY 1,867,205,104.86, reflecting a decline of approximately 10.12%[17]. - The short-term borrowings increased significantly to CNY 774,338,861.13 from CNY 431,485,273.89, indicating a rise of approximately 79.66%[20]. - The accounts receivable rose to CNY 644,843,073.75 from CNY 554,633,294.53, showing an increase of about 16.26%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 249,874, with the largest shareholder holding 37.86% of the shares[8]. - The company reported no significant changes in its major shareholders or their shareholding percentages during the reporting period[14]. - The equity attributable to shareholders of the parent company increased to CNY 17,232,940,856.71 from CNY 17,073,727,316.17 in the previous year[24]. - The company repurchased 49,577,408 shares, accounting for 1.23% of the total share capital, as of the end of the reporting period[13]. Research and Development - Research and development expenses for Q1 2024 were CNY 21,331,313.34, a decrease of 11.9% from CNY 24,151,339.31 in Q1 2023[23]. Other Financial Metrics - Non-recurring gains and losses totaled CNY -28,282,888.69, primarily due to losses from financial assets and liabilities[6]. - The increase in net profit excluding non-recurring items was attributed to a rise in sales volume of iron concentrate compared to the previous year[7]. - The company reported a financial expense of -CNY 44,555,450.92, compared to -CNY 21,757,138.63 in the same period last year[23]. - Other comprehensive income after tax was -CNY 1,091.51, slightly improved from -CNY 2,208.47 in Q1 2023[25].