Financial Performance - The net profit attributable to shareholders, excluding non-recurring gains and losses, was CNY 4,836,318,922, representing a 70.67% increase compared to CNY 2,833,670,495 in the same period last year[2]. - The company's operating revenue for the period was CNY 11,448,674,607.22, marking a 117.77% increase from CNY 5,257,158,413.95 in the same period last year[3]. - Net profit for the current period was CNY 8,453,754,780.65, compared to CNY 3,935,679,380.35 in the previous period, indicating an increase of about 115.0%[18]. - Total comprehensive income for the period reached CNY 7,861,018,749.30, a significant increase from CNY 4,578,221,576.67 in the previous period[19]. - Operating profit for the current period was CNY 11,755,837,513.92, compared to CNY 5,051,728,868.10 in the previous period, showing an increase of about 132.5%[18]. Earnings and Dividends - Basic earnings per share increased by 32.00% to CNY 2.97 from CNY 2.25 year-on-year[2]. - The proposed cash dividend for 2022 is 30.00 RMB per 10 shares, totaling approximately 4.92 billion RMB based on 1,641,221,583 shares[12]. - Basic earnings per share increased to CNY 2.97 from CNY 2.25, while diluted earnings per share remained at CNY 2.25[19]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 75,057,865,996, a 5.94% increase from CNY 70,846,492,117 at the end of the previous year[2]. - Current assets totaled CNY 27,998,830,270.76, up from CNY 25,989,778,758.23, marking an increase of about 7.7%[15]. - The total liabilities rose to CNY 19,314,702,539.31 from CNY 17,778,729,768.28, which is an increase of about 8.6%[16]. - The total equity attributable to the parent company increased to CNY 52,982,798,509.57 from CNY 48,494,210,116.87, representing a growth of approximately 9.2%[16]. Cash Flow - The net cash flow from operating activities reached CNY 4,936,111,237, up 28.66% from CNY 3,836,609,528 in the previous year[2]. - Cash received from sales of goods and services amounted to CNY 10,215,865,442.32, compared to CNY 5,666,008,309.19 in the previous period, indicating a strong growth in revenue[20]. - Net cash flow from investing activities was negative at CNY -708,887,294.68, worsening from CNY -189,513,631.09 in the prior period[21]. - Cash flow from financing activities showed a net outflow of CNY -4,902,867,794.62, compared to CNY -3,220,137,094.13 in the previous period, reflecting increased dividend payments[21]. - The net increase in cash and cash equivalents for the period was CNY -756,381,763.24, contrasting with an increase of CNY 459,437,600.60 in the prior period[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 352,977[7]. - The largest shareholder, Chengdu Tianqi Industrial (Group) Co., Ltd., held a 25.37% stake in the company[7]. - The top ten unrestricted shareholders hold a total of 694,000,000 shares, with Chengdu Tianqi Industrial Group Co., Ltd. holding the largest share of 416,316,432 RMB ordinary shares[8]. Strategic Developments - The company plans to expand lithium chemical product processing capacity to approximately 300,000 tons of lithium carbonate equivalent by 2027[10]. - The acquisition of Essential Metals Limited was terminated as it did not receive the required 75% shareholder approval, with no financial impact expected on the company's results[11]. - The company has appointed new board members and executives, including Mr. Jiang Weiping as chairman and Mr. Xia Junchen as CEO, with a term of three years[9]. Market Performance - The average selling price of lithium products increased by 40.47%, while the average selling price of lithium ore surged by 245.09% year-on-year[5]. - The company reported a decrease in financial expenses, with a net financial cost of CNY -81,341,690.59 compared to CNY 243,241,179.05 in the previous period[17]. - The company reported a significant decrease in other comprehensive income, with a loss of CNY -340,387,412.99 compared to a gain of CNY 129,369,320.90 in the previous period[19].
天齐锂业(09696) - 2023 Q1 - 季度业绩