Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,304,890,452.81, representing a 77.94% increase compared to CNY 733,333,387.11 in the same period last year[3]. - Net profit attributable to shareholders was CNY 446,735,755.04, up 27.04% from CNY 351,637,723.81 year-on-year[3]. - Operating profit for the period was CNY 535,377,916.81, an increase of 41.5% compared to CNY 378,657,269.21 in the previous year[26]. - The total profit for the first quarter is approximately CNY 532.98 million, an increase from CNY 379.58 million in the previous year, representing a growth of 40.5%[28]. - The net profit for the first quarter is approximately CNY 446.74 million, compared to CNY 351.64 million in the same period last year, reflecting a year-on-year increase of 27%[28]. - The basic and diluted earnings per share for the first quarter are both CNY 0.30, up from CNY 0.27 in the previous year[31]. Cash Flow - The net cash flow from operating activities increased by 44.56% to CNY 475,721,387.14, compared to CNY 329,072,338.74 in the previous year[3]. - Cash inflow from operating activities totaled approximately CNY 1.59 billion, significantly higher than CNY 833.89 million in the previous year, marking an increase of 90.1%[32]. - The net cash flow from operating activities is approximately CNY 475.72 million, compared to CNY 329.07 million in the same period last year, indicating a growth of 44.5%[34]. - The net cash flow from financing activities increased by 85.74%, mainly due to the receipt of short-term bank loans[10]. - The net cash flow from financing activities was negative CNY 27.37 million, an improvement from negative CNY 192.02 million in the previous year[34]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,855,859,275.97, a 6.01% increase from CNY 8,353,550,747.47 at the end of the previous year[3]. - Net assets increased to CNY 5,441,590,917.01, up from CNY 4,992,449,618.78, reflecting a growth of 9.0%[24]. - Current liabilities totaled CNY 1,810,946,479.49, an increase of 8.1% from CNY 1,674,790,408.43[24]. - Long-term borrowings decreased to CNY 1,483,236,674.58 from CNY 1,584,238,175.00, a reduction of 6.4%[24]. - The total liabilities amounted to CNY 3,414,268,358.96, compared to CNY 3,361,101,128.69, showing an increase of 1.6%[24]. Operating Costs and Expenses - The company's operating costs surged by 210.46%, primarily due to increased sales volume and a higher proportion of costlier products sold[8]. - Total operating costs amounted to CNY 777,707,691.63, up 113.3% from CNY 365,464,162.95 year-on-year[26]. - Research and development expenses for the quarter were CNY 25,216,632.57, up from CNY 20,434,722.86, reflecting a growth of 23.5%[26]. - The company reported a tax and additional expenses of CNY 53,138,841.82, compared to CNY 37,826,293.18, an increase of 40.4%[26]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 67,931[12]. - The largest shareholder, Zhongxing Group Co., Ltd., holds 48.38% of shares, totaling 729,524,400 shares[12]. Investments and Projects - The company plans to implement a 1.5 million tons/year pellet project with a total investment of ¥502.8 million[16]. - The company increased its investment in Anhui Jinri Sheng Mining Co., Ltd. by ¥1.1 billion through a debt-to-equity swap, raising its registered capital from ¥1 billion to ¥2.1 billion[18]. - The company received a mineral resource exploration license for a mining area of 3.8888 square kilometers, valid until March 10, 2027[16]. Other Information - The company received government subsidies amounting to CNY 3,651,341.74 during the reporting period[5]. - The company reported a significant increase in receivables, with notes receivable rising by 460.54% compared to the previous year-end[6]. - Accounts receivable decreased to ¥181,896,750.63 from ¥226,527,365.65, a decline of about 19.7%[19]. - Inventory increased to ¥435,555,897.86 from ¥377,069,993.59, reflecting an increase of approximately 15.5%[19]. - The company has not disclosed any related party transactions among the top ten shareholders[14]. - The company has completed the feedback response for its public offering of convertible bonds as of March 17, 2022[15]. - The company has not undergone an audit for the first quarter report[36]. - The report was released by the board of directors on April 22, 2022[37].
大中矿业(001203) - 2022 Q1 - 季度财报