宝丰能源(600989) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥8,226,861,994.09, representing a year-on-year increase of 22.19%[4] - The net profit attributable to shareholders for Q1 2024 was ¥1,420,935,000.59, reflecting a growth of 19.89% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,481,996,736.73, an increase of 15.79% year-on-year[4] - Total operating revenue for Q1 2024 reached ¥8,226,861,994.09, a 22.1% increase from ¥6,733,039,464.58 in Q1 2023[12] - Net profit for Q1 2024 was ¥1,420,935,000.59, compared to ¥1,185,215,468.67 in Q1 2023, reflecting a growth of 19.9%[12] - Earnings per share for Q1 2024 were ¥0.19, up from ¥0.16 in Q1 2023, reflecting a 18.8% increase[12] Operating Activities - The net cash flow from operating activities decreased by 7.62% to ¥1,781,803,542.43 in Q1 2024[4] - In Q1 2024, the company reported cash inflows from operating activities of ¥8,867,855,212.48, an increase from ¥6,735,236,765.84 in Q1 2023, representing a growth of approximately 32%[13] - The net cash flow from operating activities for Q1 2024 was ¥1,781,803,542.43, a decrease from ¥1,928,852,485.43 in Q1 2023, reflecting a decline of about 8%[13] - Cash outflows for purchasing goods and services in Q1 2024 amounted to ¥5,033,803,277.04, up from ¥3,810,592,913.01 in Q1 2023, indicating an increase of approximately 32%[13] - The total cash inflow from operating activities was significantly impacted by increased payments to employees, which rose to ¥711,556,808.86 from ¥417,691,993.30 in Q1 2023, marking an increase of about 70%[13] - The company did not report any tax refunds received in Q1 2024, compared to ¥2,852,853.34 in Q1 2023, indicating a change in tax recovery status[13] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥73,914,997,310.12, up 3.19% from the end of the previous year[5] - The company's total assets as of March 31, 2024, amounted to ¥73,914,997,310.12, compared to ¥71,630,299,331.58 at the end of 2023[11] - Current liabilities totaled ¥16,645,635,719.65 as of March 31, 2024, an increase from ¥14,313,210,224.25 at the end of 2023[11] - Long-term borrowings decreased to ¥15,978,685,989.51 in Q1 2024 from ¥17,523,800,000.00 in Q4 2023[11] - The total equity attributable to shareholders increased to ¥40,005,764,979.32 as of March 31, 2024, compared to ¥38,536,704,775.38 at the end of 2023[11] - The equity attributable to shareholders increased by 3.81% to ¥40,005,764,979.32 at the end of Q1 2024[5] Cash Flow - The company's cash and cash equivalents rose to ¥1,802,376,565.98 in Q1 2024, up from ¥1,283,409,365.57 in Q4 2023, indicating improved liquidity[10] - The company's cash and cash equivalents at the end of Q1 2024 stood at ¥1,059,255,069.44, down from ¥2,160,538,335.88 at the end of Q1 2023, indicating a decrease of approximately 51%[13] - The company experienced a net cash outflow from investing activities of ¥1,089,902,371.58 in Q1 2024, compared to a net outflow of ¥4,570,491,473.92 in Q1 2023, showing a significant reduction in investment losses[13] - Cash inflows from financing activities in Q1 2024 totaled ¥892,885,989.51, down from ¥3,850,000,000.00 in Q1 2023, representing a decrease of about 77%[13] - The net cash flow from financing activities was negative at ¥242,594,034.21 in Q1 2024, contrasting with a positive net flow of ¥3,560,683,801.33 in Q1 2023[13] Research and Development - Research and development expenses increased significantly to ¥96,711,341.65 in Q1 2024, up from ¥29,366,141.64 in Q1 2023, marking a 229.5% rise[12] Shareholder Information - The company had a total of 63,411 common shareholders at the end of the reporting period[7] - The company plans to implement an employee stock ownership plan, with a total of 19,543,506 shares to be acquired, representing 0.2665% of the total share capital[9] Non-Recurring Items - The company reported non-recurring gains and losses totaling -¥61,061,736.14 for the period, primarily due to other operating income and expenses[6] Accounting Standards - The company has not adopted new accounting standards for the first quarter of 2024, maintaining consistency with previous reporting practices[14]