宝新能源(000690) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,167,469,118.09, a decrease of 2.19% compared to CNY 2,215,923,314.93 in the same period last year[3] - Net profit attributable to shareholders increased significantly by 585.53% to CNY 25,708,706.84 from CNY 3,750,171.21 year-on-year[3] - The net profit after deducting non-recurring gains and losses decreased by 39.51% to CNY 20,955,456.63 compared to CNY 34,642,921.58 in the previous year[3] - Basic and diluted earnings per share increased by 594.12% to CNY 0.0118 from CNY 0.0017 in the same period last year[3] - Operating profit increased to ¥38,992,723.36, up 106.1% from ¥18,893,421.48 in the previous year[18] - Net profit for Q1 2023 was ¥25,708,706.84, compared to ¥3,750,171.21 in Q1 2022, representing a significant increase[18] - Earnings per share (EPS) for Q1 2023 was ¥0.0118, up from ¥0.0017 in the same period last year[19] - The company reported a total comprehensive income of ¥24,270,867.80 for Q1 2023, compared to ¥3,750,171.21 in Q1 2022[19] Cash Flow - The net cash flow from operating activities dropped by 48.99% to CNY 225,437,279.33 from CNY 441,951,223.37 year-on-year[3] - Cash flow from operating activities generated ¥225,437,279.33, down from ¥441,951,223.37 in Q1 2022[20] - The net cash flow from investing activities was -797,580,864.12, compared to -165,344,176.17 in the previous period, indicating a significant increase in cash outflow for investments[22] - Cash inflow from financing activities amounted to 1,293,790,834.64, a substantial increase from 250,000,000.00 in the prior period, reflecting strong borrowing activity[22] - The net cash flow from financing activities was 395,132,357.78, a turnaround from -404,539,972.36 in the previous period, showing improved financial health[22] - The total cash and cash equivalents at the end of the period were 5,727,809,029.33, up from 4,480,133,216.56 at the end of the previous period[22] - The cash outflow for financing activities was 898,658,476.86, compared to 654,539,972.36 in the previous period, reflecting increased debt repayment and dividend distribution[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 20,537,106,089.14, reflecting a 2.19% increase from CNY 20,096,307,212.46 at the end of the previous year[3] - The company's current assets totaled CNY 7,775,640,580.57, slightly down from CNY 7,834,492,903.60, indicating a decrease of about 0.75%[13] - Total liabilities rose to CNY 9,224,687,344.95 from CNY 8,817,482,703.53, an increase of about 4.63%[15] - Short-term borrowings increased to CNY 2,450,427,273.03 from CNY 2,050,051,846.61, reflecting a growth of approximately 19.5%[15] - The total equity attributable to the owners of the parent company reached CNY 11,312,418,744.19, up from CNY 11,288,111,923.98, indicating a slight increase of about 0.22%[16] Inventory and Investments - The company's inventory increased by 71.24% to CNY 892,224,544.89 due to a rise in raw material stock[5] - The construction in progress rose by 145.51% to CNY 1,163,700,517.68, primarily due to investments in the expansion of the Lufeng Jiahuwan Power Plant[5] - Cash received from investment recoveries increased by 40.63% to CNY 31,957,109.86 compared to CNY 22,723,800.90 in the previous year[9] - Cash paid for the acquisition of fixed assets surged by 2537.74% to CNY 829,537,973.98 from CNY 31,448,870.25 year-on-year[9] - The cash inflow from investment activities totaled 31,957,109.86, slightly up from 31,154,879.90 in the prior period[22] Other Financial Metrics - Total operating costs for Q1 2023 were ¥2,149,110,346.05, a decrease of 1.6% from ¥2,185,027,398.81 in Q1 2022[17] - Sales expenses decreased to ¥1,504,485.92 from ¥2,308,717.78, a reduction of 34.8% year-over-year[17] - Financial expenses decreased significantly to ¥24,016,235.33 from ¥43,025,243.11, a reduction of 44.3%[17] - Other income for Q1 2023 was ¥648,613.99, down from ¥3,560,267.33 in the previous year[18] - The impact of exchange rate changes on cash and cash equivalents was 2,768,748.41, compared to 58,585.17 in the previous period, indicating a positive effect from currency fluctuations[22]