方大炭素(600516) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 1,345,661,450.61, representing a year-on-year increase of 17.11%[4] - Net profit attributable to shareholders for Q1 2023 reached RMB 221,446,774.06, a significant increase of 556.87% compared to the same period last year[4] - The basic earnings per share for Q1 2023 was RMB 0.0550, reflecting a remarkable growth of 520.98% year-on-year[4] - Total operating revenue for Q1 2023 was CNY 1,345,661,450.61, an increase from CNY 1,149,018,210.95 in Q1 2022, representing a growth of approximately 17.1%[20] - Net profit for Q1 2023 reached CNY 226,524,994.82, compared to CNY 39,658,392.82 in Q1 2022, reflecting a significant increase of approximately 471.5%[22] - Earnings per share (EPS) for Q1 2023 was CNY 0.0550, compared to CNY 0.0089 in Q1 2022, showing an increase of about 517.0%[24] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to RMB 21,755,461,492.58, which is a 7.83% increase from the end of the previous year[5] - Total liabilities as of Q1 2023 amounted to CNY 3,494,631,277.27, compared to CNY 3,386,887,939.71 in the previous year, representing an increase of approximately 3.2%[19] - The company's total assets as of Q1 2023 were CNY 21,755,461,492.58, compared to CNY 20,175,290,714.93 in the previous year, representing an increase of about 7.8%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 274,327, indicating a broad shareholder base[9] - The largest shareholder, Liaoning Fangda Group Industrial Co., Ltd., holds 36.92% of the shares, with a significant portion pledged[9] - Total equity attributable to shareholders reached CNY 17,150,126,722.67 in Q1 2023, up from CNY 15,682,777,503.34 in Q1 2022, indicating a growth of about 9.4%[19] Cash Flow - The net cash flow from operating activities for Q1 2023 was negative at RMB -39,017,808.09, indicating a change in cash flow dynamics[4] - The net cash flow from operating activities for Q1 2023 was -39,017,808.09 RMB, an improvement from -166,396,612.00 RMB in Q1 2022[26] - Total cash inflow from investment activities reached 1,558,915,705.01 RMB, significantly up from 37,165,913.78 RMB in the same period last year[26] - Cash inflow from financing activities amounted to 1,613,038,133.28 RMB, compared to 200,000,000.00 RMB in Q1 2022[26] - The net cash flow from financing activities was 1,560,235,784.58 RMB, up from 194,120,822.50 RMB year-over-year[26] Investments and Financial Changes - Non-recurring gains and losses for the period included RMB 77,865,237.97 from fair value changes of financial assets, contributing to the overall profit[6] - Investment income for Q1 2023 was CNY 93,519,180.21, significantly higher than CNY 27,978,636.34 in Q1 2022, marking an increase of approximately 234.5%[20] - Financial expenses for Q1 2023 showed a net income of CNY -21,757,138.63, compared to CNY -58,659,711.53 in Q1 2022, reflecting an improvement in financial performance[20] Inventory and Receivables - Accounts receivable increased to RMB 687,466,616.89 from RMB 531,773,870.25, reflecting a growth of about 29.36%[17] - The company's inventory decreased to RMB 2,177,838,039.79 from RMB 2,298,822,676.14, showing a decline of approximately 5.27%[17] Corporate Actions - The company issued 22,000,000 Global Depositary Receipts (GDRs), corresponding to 220,000,000 underlying A-shares, which were listed on the Swiss Stock Exchange on March 15, 2023[14] - The company plans to enhance its international financing channels and brand image through the issuance of GDRs, which has been approved by the board and shareholders[14] - The company's subsidiary Chengdu Fangda Carbon Composite Materials Co., Ltd. was approved to be listed on the National Equities Exchange and Quotations (NEEQ) starting March 16, 2023[14] Cash and Equivalents - The company's cash and cash equivalents amounted to RMB 5,416,831,693.41, up from RMB 3,152,026,939.80, indicating a significant increase of approximately 71.73%[16] - The total cash and cash equivalents at the end of Q1 2023 stood at 5,315,831,736.32 RMB, a significant increase from 2,831,953,586.39 RMB at the end of Q1 2022[26] Accounting Standards - The company has not adopted new accounting standards or interpretations for the first time in 2023[27]