中国动力(600482) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 9,162,271,960.30, representing a year-on-year increase of 24.29% compared to CNY 5,952,713,568.50 in the same period last year[5]. - The net profit attributable to shareholders decreased by 54.24% year-on-year, amounting to CNY 33,863,468.28, down from CNY 73,995,778.92 in the previous year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 67.68%, totaling CNY 18,197,858.00 compared to CNY 56,303,687.02 last year[7]. - Basic and diluted earnings per share both decreased by 54.24%, from CNY 0.034 to CNY 0.016[7]. - Net profit for Q1 2023 was CNY 46,355,419.99, a decrease of 48.7% compared to CNY 90,356,435.91 in Q1 2022[23]. - The company reported a total comprehensive income of CNY 46,355,419.99 for Q1 2023, compared to CNY 92,535,683.76 in Q1 2022[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 89,253,403,029.0, an increase of 3.94% from CNY 85,867,792,662.0 at the end of the previous year[5]. - As of March 31, 2023, the total assets of China Shipbuilding Industry Group Power Co., Ltd. amounted to CNY 89,253,403,029.09, an increase from CNY 85,867,792,662.42 as of December 31, 2022, reflecting a growth of approximately 4.05%[17]. - The total liabilities as of Q1 2023 were CNY 43,542,076,777.04, an increase from CNY 40,212,659,891.82 in the previous year[20]. - The company's total liabilities as of March 31, 2023, were not explicitly stated but are implied to be lower than the previous period due to the decrease in current liabilities[18]. - Total liabilities reached approximately ¥40.21 billion, with current liabilities at ¥30.74 billion and non-current liabilities at ¥9.47 billion[39]. Cash Flow - The company reported a net cash flow from operating activities of CNY 258,281,792.83, a significant improvement from a negative cash flow of CNY -746,636,441.47 in the previous year[5]. - Operating cash inflow for Q1 2023 was CNY 10,564,854,452.16, a 25.5% increase from CNY 8,422,302,080.17 in Q1 2022[27]. - Net cash flow from operating activities was CNY 258,281,792.83, compared to a negative CNY 1,030,755,381.87 in the same period last year[27]. - Cash inflow from investment activities totaled CNY 339,778,590.42, up from CNY 243,490,129.01 in Q1 2022[28]. - Cash inflow from financing activities was CNY 2,821,080,000.00, down from CNY 3,816,600,000.00 in Q1 2022[28]. Research and Development - The company's R&D expenses increased by 35.92%, indicating a focus on innovation and development[11]. - The company's R&D expenses in Q1 2023 amounted to CNY 280,900,467.83, compared to CNY 206,669,221.70 in Q1 2022, indicating a 35.8% increase[22]. - The company received government subsidies related to R&D amounting to CNY 18,218,118.98, which are classified as regular income[10]. Shareholder Information - The company’s major shareholders include China Shipbuilding Industry Group with a 26.0% stake and China Shipbuilding Corporation with a 21.0% stake[13]. - The total equity attributable to shareholders reached CNY 35,590,890,986.55, up from CNY 35,550,068,641.50 in Q1 2022[20]. - Shareholders' equity totaled approximately ¥45.66 billion, with equity attributable to the parent company at ¥35.55 billion[40]. Inventory and Receivables - Accounts receivable increased to CNY 12,946,297,465.81 from CNY 11,768,854,650.82, representing a growth of approximately 10.00%[18]. - Inventory levels rose to CNY 16,641,680,871.15, compared to CNY 15,401,475,857.73, marking an increase of about 8.06%[18]. - The company reported inventory of approximately ¥15.40 billion, indicating a significant asset base[38]. Debt and Financing - The company experienced an increase in long-term borrowings by 85.23%, reflecting a strategy to leverage lower interest rates for financing[11]. - Long-term borrowings increased to CNY 4,842,592,000.00 in Q1 2023, compared to CNY 2,614,392,000.00 in Q1 2022[20]. - The company has a total of approximately ¥2.18 billion in bonds payable, indicating a significant debt obligation[43]. Other Information - The company has not disclosed any new product launches or technological advancements in this quarter[16]. - There are no significant mergers or acquisitions reported during this period[16]. - The report does not indicate any new product launches or technological advancements during this quarter[44]. - There are no mentions of market expansion or mergers and acquisitions in the current report[44]. - The company has not provided specific future guidance or performance outlook in this document[44]. - The board of directors announced the report on April 26, 2023, ensuring timely communication with stakeholders[44].