Financial Performance - The company's operating revenue for Q1 2023 was RMB 31.37 billion, an increase of 23.18% compared to RMB 25.46 billion in the same period last year[4]. - Net profit attributable to shareholders decreased by 48.20% to RMB 2.55 billion from RMB 4.93 billion year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 52.87% to RMB 2.16 billion compared to RMB 4.57 billion in the previous year[4]. - Basic and diluted earnings per share were both RMB 0.48, down 48.20% from RMB 0.93 in the same period last year[4]. - Net profit for Q1 2023 was RMB 2.67 billion, a decrease of 47.6% compared to RMB 5.10 billion in Q1 2022[18]. - Earnings per share for Q1 2023 was RMB 0.48, down from RMB 0.93 in Q1 2022[19]. Cash Flow and Investments - The net cash flow from operating activities increased by 7.70% to RMB 3.09 billion from RMB 2.87 billion year-on-year[4]. - Cash flow from operating activities in Q1 2023 was RMB 37.82 billion, an increase from RMB 32.42 billion in Q1 2022[20]. - The net cash inflow from operating activities was CNY 3,094,318,090, an increase from CNY 2,873,016,219 in the previous period, representing a growth of approximately 7.7%[21]. - Cash inflow from investment activities totaled CNY 11,218,066,099, significantly higher than CNY 5,484,085,352 in the prior year, indicating a growth of about 104.3%[21]. - The net cash outflow from investment activities was CNY -1,047,615,986, an improvement from CNY -8,959,852,503 in the previous period, showing a reduction in losses[21]. - Cash paid for the purchase of fixed assets and other long-term assets was CNY 3,274,346,525, a decrease from CNY 6,498,166,625, indicating a reduction of approximately 49.5%[21]. - The company received CNY 10,797,712,701 from the recovery of investments, which is a substantial increase from CNY 5,099,337,459 in the previous period, marking a growth of about 111.8%[21]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 243.66 billion, a slight decrease of 0.13% from RMB 243.98 billion at the end of the previous year[4]. - The total current assets amounted to RMB 104,635,147,482, a decrease from RMB 106,018,259,536 as of December 31, 2022, reflecting a decline of approximately 1.3%[14]. - Cash and cash equivalents increased to RMB 60,080,788,300 from RMB 57,865,704,190, representing a growth of about 3.8%[14]. - The total liabilities decreased from RMB 35,571,242,686 to RMB 32,276,847,966, indicating a reduction of approximately 8.4%[15]. - Total liabilities decreased to RMB 45.08 billion in Q1 2023 from RMB 47.98 billion in Q1 2022[16]. - Total equity increased to RMB 198.58 billion in Q1 2023 from RMB 195.99 billion in Q1 2022[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 330,265, with the largest shareholder holding 36.40% of the shares[11]. Operational Costs - Total operating costs for Q1 2023 were RMB 28.67 billion, up 46.7% from RMB 19.54 billion in Q1 2022[17]. Other Financial Metrics - The weighted average return on equity decreased by 1.27 percentage points to 1.38% from 2.65% in the previous year[4]. - The decline in profit was mainly attributed to a decrease in sales prices compared to the previous year[10]. - Research and development expenses for Q1 2023 were RMB 253.75 million, slightly up from RMB 246.03 million in Q1 2022[18]. - Other comprehensive income after tax for Q1 2023 was RMB -201.12 million, an improvement from RMB -426.57 million in Q1 2022[19].
海螺水泥(00914) - 2023 Q1 - 季度业绩