SHRC(600392)2023-04-28 16:00Financial Performance - The company's operating revenue for the reporting period was approximately CNY 4.80 billion, representing a year-on-year increase of 10.67%[1] - The net profit attributable to shareholders of the listed company was approximately CNY 77.38 million, showing a significant decrease of 89.14% compared to the same period last year[1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 50.92 million, down 92.79% year-on-year[1] - Basic and diluted earnings per share were both CNY 0.0441, reflecting a decrease of 89.15% year-on-year[1] - Net profit for Q1 2023 was CNY 88,940,519.72, a decrease of 87.66% compared to CNY 720,693,573.90 in Q1 2022[17] - Earnings per share for Q1 2023 were CNY 0.0441, down from CNY 0.4065 in Q1 2022[17] - The total comprehensive income for Q1 2023 was CNY 450,675,848.75, compared to CNY 1,693,622,451.47 in Q1 2022, reflecting a decrease of 73.39%[17] Cash Flow - The net cash flow from operating activities was negative at approximately CNY -150.08 million, a decline of 112.73% compared to the previous year[1] - Cash flow from operating activities showed a net outflow of ¥150,081,048.01, a significant decline from a net inflow of ¥1,178,518,647.69 in the same period last year[31] - The cash inflow from operating activities totaled ¥4,157,385,077.63, while cash outflow was ¥4,307,466,125.64[31] - The net cash inflow from investment activities was -127.33 million in the previous period[40] - The net cash flow from financing activities was -157.08 million in the previous period[40] - The cash and cash equivalents at the end of the period were 3.09 billion at the end of the previous period[40] Assets and Liabilities - The total assets of the company as of March 31, 2023, amounted to approximately CNY 15.94 billion, compared to CNY 15.54 billion at the end of the previous year[11] - The total current liabilities were approximately CNY 4.86 billion, a decrease from CNY 4.97 billion in the previous year[11] - Long-term borrowings increased to approximately CNY 530.80 million from CNY 450.49 million year-on-year[11] - Total liabilities amounted to CNY 5,497,603,896.06, slightly down from CNY 5,523,624,900.57 in the previous year[12] - Total equity attributable to shareholders reached CNY 9,611,229,096.35, an increase from CNY 9,245,904,640.48 in Q1 2022, marking a growth of 3.95%[12] Research and Development - Research and development expenses for Q1 2023 were CNY 56,467,410.92, significantly lower than CNY 205,410,169.60 in Q1 2022, indicating a reduction of 72.54%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 169,333[30] - The largest shareholder, China Geological Survey Institute, holds 246,382,218 shares, accounting for 14.06% of total shares[30] Other Financial Metrics - Deferred income increased to CNY 24,697,052.37 in Q1 2023 from CNY 17,741,197.65 in Q1 2022, representing a growth of 39.66%[12] - The company recognized non-recurring gains of ¥26,459,400.25 during the reporting period[25] - Other comprehensive income after tax for Q1 2023 was CNY 361,735,329.03, down from CNY 972,928,877.57 in Q1 2022[17] - Operating revenue increased by 10.67% compared to the same period last year, attributed to an increase in the number of subsidiaries included in the consolidation scope[27] - Net profit attributable to shareholders of the listed company decreased by 89.14% due to a price adjustment in rare earth products and a lag in raw material cost changes[27]