证券代码：000932 证券简称：华菱钢铁 编号：2023-16 | --- | --- | --- | |--------------|--------------|-------------| | | 特定对象调研 | □分析师会议 | | 投资者关系活 | □媒体采访 | 业绩说明会 | | 动类别 | □新闻发布会 | □路演活动 | | | 现场参观 | 电话会议 | | | □ | | 国泰君安资管刘佳奇，润晖投资蒋暘晶，开思基金董源，信达澳亚徐阳 参与单位名称 杰，嘉实基金程美华、安锋，平安理财袁野，工银瑞信李剑峰，民生通 及人员姓名 惠肖艳华，国海富兰克林程刚、赵晓东，华泰柏瑞曾鸿，太平资产窦萍 华，光大证券戴默 时间 2023 年 5 月 4 日 地点 湖南长沙湘府西路 222 号华菱主楼 411 会议室 接待人员姓名 刘笑非、王音、周玉健 一、2023 年公司一季度生产经营情况介绍 2023 年一季度，国内经济运行整体呈现企稳回升态势，但经济回升 基础尚不牢固且钢铁行业上游原燃料价格持续高位波动，钢铁企业生产 投资者关系活 经营仍面临较大挑战。1-3 月，中钢协统计的 90 余家大中型钢企 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥39.76 billion, a decrease of 2.93% compared to ¥40.96 billion in the same period last year[3]. - The net profit attributable to shareholders was ¥688.53 million, down 67.39% from ¥2.11 billion year-on-year[3]. - The company reported a net profit of ¥982.73 million for Q1 2023, a decrease of 57.52% from ¥2.31 billion in the same period last year[7]. - Basic earnings per share for Q1 2023 were CNY 0.0997, down from CNY 0.3056 in Q1 2022[17]. - Operating profit for Q1 2023 was CNY 1.15 billion, a decrease of 56.4% from CNY 2.64 billion in the same period last year[16]. - The company reported a total comprehensive income of CNY 983.49 million, down from CNY 2.34 billion in Q1 2022[17]. Cash Flow - The net cash flow from operating activities was -¥3.43 billion, a significant decline of 5,312.91% compared to -¥63.30 million in Q1 2022[3]. - Cash inflow from operating activities totaled 37,133,711,322.68 CNY, down from 40,083,845,188.71 CNY year-over-year[18]. - The company reported a net cash outflow from investment activities of -5,601,185,915.18 CNY, compared to -445,608,475.98 CNY in the previous period, reflecting increased investment expenditures[19]. - Total cash inflow from financing activities was 12,496,135,046.94 CNY, significantly higher than 6,889,382,241.08 CNY in the previous period[19]. - The company experienced a net increase in cash and cash equivalents of 3,119,861.47 CNY, compared to an increase of 5,644,182.91 CNY in the previous period[19]. Assets and Liabilities - The total assets increased by 7.80% to ¥129.02 billion from ¥119.69 billion at the end of the previous year[3]. - The company's total equity reached CNY 60.24 billion, an increase of 4.3% from CNY 57.59 billion in the previous year[15]. - Total liabilities increased to CNY 68.79 billion, up from CNY 62.10 billion year-over-year, representing an increase of 10.9%[15]. - The company's total current assets amounted to ¥67,107,577,213.33 at the end of the first quarter, an increase from ¥58,334,424,570.79 at the beginning of the year, reflecting a growth of approximately 15%[14]. - The total assets of the company reached ¥129,023,390,329.67, up from ¥119,689,947,964.57, indicating an increase of about 7.2%[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 98,253, with the largest shareholder, Hunan Steel Group Co., Ltd., holding 32.41% of shares, equating to 2,239,394,763 shares[11]. - The company has a strong shareholder base, with the top ten shareholders collectively holding 43.76% of the shares, indicating a stable ownership structure[12]. Operational Metrics - The total cost of operations was CNY 38.88 billion, an increase of 0.8% from CNY 38.57 billion in Q1 2022[16]. - Research and development expenses amounted to CNY 1.35 billion, a decrease of 5.8% compared to CNY 1.43 billion in the previous year[16]. - Interest expenses for Q1 2023 were CNY 146.92 million, an increase from CNY 132.93 million in the previous year[16]. Inventory and Receivables - Accounts receivable rose to ¥5,005,122,817.04 from ¥4,512,570,008.22, showing an increase of about 10.9%[14]. - Inventory levels increased to ¥13,393,323,502.59 from ¥12,262,397,480.45, reflecting a growth of approximately 9.2%[14]. - The company reported a significant increase in accounts payable, which rose to ¥10,122,086,447.87 from ¥10,478,694,663.10, indicating a decrease of approximately 3.4%[14].

Financial Performance - In 2022, the steel industry faced a challenging environment with a significant decline in profits, with member units of the China Iron and Steel Association reporting a total profit of 98.2 billion yuan, a year-on-year decrease of 72.27% [2] - The company achieved a total profit of 8.673 billion yuan in 2022, down 27% year-on-year; net profit attributable to shareholders was 6.379 billion yuan, a decline of 34% [2] - EBITDA was 12.031 billion yuan, reflecting a 22% decrease, indicating a continued verification of profitability stability [2] Key Business Highlights - Two main subsidiaries reported counter-cyclical growth: VAMA, the automotive sheet joint venture, achieved a net profit of 1.652 billion yuan, a 169% increase year-on-year, with automotive sheet sales reaching 925,500 tons, up 6.4% [2] - Hunan Henggang achieved a net profit of 699 million yuan, a 93.2% increase year-on-year, with export sales rising by 31%, increasing the export sales ratio from 20% in 2020 to 30% in 2022 [3] Strategic Developments - The company focused on high-end product development, with R&D investment of 6.453 billion yuan, accounting for 3.8% of revenue; key product steel sales reached 15.88 million tons, a 5 percentage point increase from 2021 [3] - The company successfully developed high-end products such as super wear-resistant steel and special thick ship plates, contributing to a shift towards high-end differentiated products [3] Operational Efficiency - The company has been upgrading production lines to enhance efficiency, with significant capital expenditures aimed at supporting high-end product structure upgrades [3] - Cost reduction strategies were implemented, including lowering procurement costs and energy costs, with self-generated electricity reaching 8.9 billion kWh, an increase of 1 billion kWh from the previous year [4] Environmental and Technological Initiatives - The company is advancing green and intelligent transformation, focusing on reducing emissions and enhancing energy efficiency, with a goal of achieving ultra-low emissions in key processes [4] - The company has been recognized for its intelligent manufacturing initiatives, with projects receiving national accolades [4] Future Outlook - The company plans to continue its high-end, green, and intelligent development path, with new projects expected to enhance production capacity and market competitiveness [5] - The demand for high-grade electrical steel is anticipated to grow, driven by the booming new energy vehicle market and stricter energy consumption standards [6] Market Conditions - The steel industry is expected to face challenges due to a potential decline in demand, particularly in the construction sector, while industrial steel demand remains stable [7] - The automotive sector is experiencing a shift, with traditional fuel vehicles under pressure and new energy vehicles growing rapidly, although recent price cuts by major manufacturers have led to a decrease in consumer demand [7]

湖南华菱钢铁股份有限公司（以下简称"公司"或"华菱钢铁"）已于 2023 年 3 月 24 日 在巨潮资讯网上披露了《2022 年年度报告全文》。为便于广大投资者进一步了解公司 2022 年 年度经营情况，公司定于 2023 年 4 月 7 日（星期五）下午 15:00-17:00 在"价值在线"（www.ir- online.cn）举行 2022 年度网上业绩说明会。本次网上业绩说明会将采用网络远程的方式举行， 出席说明会的人员有公司董事长、总经理李建宇先生，董事、副总经理、财务总监兼董事会秘 书阳向宏先生，证券事务代表刘笑非女士。 为广泛听取投资者的意见和建议，公司拟提前向投资者征集问题，提问通道自发出公告之 日起开放。投资者可通过以下两种方式，依据相关提示，授权登入"价值在线"进行提问并参 与互动交流。 证券代码：000932 股票简称：华菱钢铁 公告编号：2023-17 湖南华菱钢铁股份有限公司 关于召开2022年度网上业绩说明会的公告 本公司董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 参与方式一：访问 https://eseb.cn/13rplyppEW ...