贵州茅台(600519) - 2023 Q1 - 季度财报

Financial Performance - In Q1 2023, the company reported a net cash flow from operating activities of ¥5,244,796,293.93, a significant improvement compared to a net outflow of ¥6,876,059,093.79 in Q1 2022, marking a turnaround of over 176%[7] - The total cash inflow from operating activities was ¥31,953,539,490.48, up from ¥23,413,141,364.37 in the same period last year, representing an increase of approximately 36%[7] - The company's diluted earnings per share increased to ¥16.55 in Q1 2023, compared to ¥13.73 in Q1 2022, reflecting a growth of about 20%[7] - The cash received from sales of goods and services reached ¥35,763,459,967.03, compared to ¥31,487,970,469.66 in the previous year, indicating a year-over-year increase of approximately 14%[7] - The company recorded a decrease in cash outflow for taxes paid, totaling ¥17,181,326,473.45 in Q1 2023, down from ¥18,504,128,971.88 in Q1 2022, which is a reduction of about 7%[7] - The company's operating revenue for Q1 2023 reached CNY 38,755,812,096.89, representing a 20% increase compared to the same period last year[19] - Net profit attributable to shareholders of the listed company was CNY 20,794,882,754.55, reflecting a growth of 20.59% year-on-year[19] - The company reported a total comprehensive income of CNY 21.53 billion for Q1 2023, compared to CNY 17.95 billion in Q1 2022, reflecting a growth of 20.0%[48] - Operating profit for Q1 2023 was CNY 28.69 billion, up 19.8% from CNY 24.03 billion in Q1 2022[44] - Net profit attributable to shareholders for Q1 2023 was CNY 20.79 billion, representing a 20.0% increase compared to CNY 17.24 billion in Q1 2022[48] Assets and Liabilities - The total assets of the company as of the end of Q1 2023 amounted to ¥254,364,804,995.25, slightly down from ¥254,500,826,096.02 at the beginning of the year[13] - The total liabilities stood at ¥49,065,668,798.38, remaining stable compared to the previous reporting period[13] - Total assets at the end of the reporting period amounted to CNY 258,390,782,822.05, a 1.58% increase from the end of the previous year[21] - The total liabilities decreased significantly from CNY 49,065,668.80 million to CNY 31,428,606.89 million, indicating improved financial health[39] - Total liabilities amounted to CNY 31.93 billion, a decrease of 35.3% from CNY 49.40 billion in the previous year[41] - The company's deferred income tax liabilities stood at CNY 162.63 million, indicating a stable financial position[41] Cash Flow and Investments - The net increase in customer deposits and interbank deposits was -¥5,012,856,829.99, an improvement from -¥9,864,709,556.77 in the previous year, showing a reduction in outflow of approximately 49%[7] - The company plans to continue its investment strategy, with cash inflows from investment activities recorded at ¥2,000,000,000.00 in Q1 2023[7] - The net cash flow generated from operating activities was CNY 5,244,796,293.93[19] - The net increase in cash and cash equivalents for the period was CNY 5,440,448,931.41[28] - The company's cash and cash equivalents increased to CNY 72,450,733.95 million from CNY 58,274,318.73 million year-over-year[36] - The company’s long-term investments increased to CNY 1,384,654.76 million from CNY 380,685.32 million, indicating a strategic focus on growth[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 156,190[27] - The number of ordinary shareholders was reported at 3,000, with the largest shareholder holding 679,099,269 shares[31] - Shareholders' equity attributable to shareholders of the listed company rose to CNY 218,275,691,302.62, marking a 10.52% increase year-on-year[21] - Total equity attributable to shareholders increased to CNY 218.28 billion, up 10.5% from CNY 197.51 billion year-over-year[41] Operational Insights - The company has adopted new accounting standards starting January 1, 2023, which may impact the financial statements due to adjustments related to deferred tax assets and liabilities[8] - The company has seen a significant increase in accounts receivable, rising to CNY 58,410.42 million from CNY 20,937.14 million[36] - The company reported an increase in inventory to CNY 40,052,820.43 million from CNY 38,824,374.24 million, reflecting ongoing production and sales activities[39] - Research and development expenses for Q1 2023 were CNY 22.96 million, a 17.0% increase from CNY 19.54 million in Q1 2022[44] - The company plans to continue expanding its market presence and developing new products, although specific details were not disclosed in the report[30] - Cash flow from operating activities showed a decrease due to reduced net increases in deposits with the central bank and interbank funds[30]