三钢闽光(002110) - 2023 Q1 - 季度财报

Financial Performance - Revenue for the first quarter of 2023 was RMB 11.97 billion, a decrease of 6.79% compared to the same period last year[21] - Net profit attributable to shareholders of the listed company was RMB -66.42 million, a decrease of 112.48% year-on-year[21] - Basic earnings per share were RMB -0.03, a decrease of 113.64% compared to the same period last year[21] - Weighted average return on equity was -0.31%, a decrease of 2.58 percentage points year-on-year[21] - Total revenue for Q1 2023 was RMB 11,969,994,461.97, a decrease of 6.79% compared to RMB 12,841,435,369.61 in the same period last year[56] - Net profit attributable to the parent company for Q1 2023 was RMB -71,155,701.65, a significant decline compared to RMB 532,019,295.56 in the same period last year[65] - Total comprehensive income for Q1 2023 was RMB -69,780,024.75, compared to RMB 535,066,404.01 in the same period last year[65] R&D and Investment - R&D expenses increased by RMB 150.69 million, a year-on-year increase of 55.08%, due to increased R&D investment[11] - R&D expenses increased to 424,292,360.40, up from 273,601,892.18 in the previous period[38] Assets and Liabilities - Total assets at the end of the reporting period were RMB 48.97 billion, an increase of 5.72% compared to the end of the previous year[21] - Non-current liabilities due within one year increased by RMB 390.95 million, a rise of 50.46%, primarily due to an increase in long-term loans due within one year[11] - The company's monetary funds increased by 1.69 billion yuan, a 31.04% increase compared to the beginning of the year, mainly due to the recovery of cash from the maturity of trading financial assets and debt investments[23] - Total assets as of the end of Q1 2023 were RMB 48,972,552,667.86, an increase of 5.72% compared to RMB 46,324,713,184.54 at the beginning of the year[53] - Total liabilities as of the end of Q1 2023 were RMB 25,413,526,089.04, an increase of 11.33% compared to RMB 22,827,532,519.12 at the beginning of the year[54] - The company's total liabilities increased to 27.63 billion yuan, while total owner's equity decreased to 21.34 billion yuan[35] Cash Flow - Cash outflow from operating activities decreased by RMB 1.20 billion, mainly due to reduced cash payments for goods and services[13] - Cash inflow from financing activities increased by RMB 1.35 billion, driven by higher cash received from borrowings[13] - Cash flow from operating activities was -1,391,476,831.02, a decrease from -952,134,242.67 in the previous period[41] - Cash flow from investing activities was 639,452,711.83, a significant improvement from -869,361,468.06 in the previous period[42] - Cash flow from financing activities was 2,317,332,905.75, up from 165,476,895.65 in the previous period[42] - Total cash and cash equivalents at the end of the period were 4,862,892,036.78, compared to 4,894,899,774.56 in the previous period[42] - Cash and cash equivalents as of the end of Q1 2023 were RMB 7,140,623,996.51, an increase of 31.04% compared to RMB 5,449,378,342.32 at the beginning of the year[53] Operational Metrics - Transactional financial assets decreased by RMB 691.94 million, a reduction of 49.9%, mainly due to reduced investment in transactional financial assets[11] - Prepayments increased by 1.05 billion yuan, a 40.88% increase compared to the beginning of the year, primarily due to increased advance payments for goods[23] - Notes payable increased by 2.83 billion yuan, a 46.01% increase compared to the beginning of the year, mainly due to increased payments to suppliers using bank acceptance bills[23] - Taxes and surcharges decreased by 20.38 million yuan, a 31.58% reduction compared to the same period last year, mainly due to a decrease in actual paid value-added tax[23] - Fair value change losses decreased by 6.44 million yuan, a 92.2% reduction compared to the same period last year, mainly due to a decrease in trading financial assets[23] - Asset disposal income decreased by 4.36 million yuan, a 138.35% reduction compared to the same period last year, mainly due to a decrease in asset disposal income[23] - Non-operating expenses decreased by 488,900 yuan, a 34.26% reduction compared to the same period last year, mainly due to a decrease in asset disposal and scrapping losses[23] - Operating profit and total profit decreased by 112.66% and 112.52% respectively compared to the same period last year, mainly due to a decrease in the average gross profit margin of steel products[25] - Cash outflow from investment activities decreased by 714.27 million yuan compared to the same period last year, mainly due to a decrease in cash paid for the purchase of trading financial assets[25] - Sales revenue from goods and services received in cash decreased to 11,098,263,316.33 from 13,175,017,198.70 in the previous period[40] - Cash received from investment returns increased to 38,709,365.11 from 25,236,602.39 in the previous period[41] - Inventory as of the end of Q1 2023 was RMB 3,332,001,475.36, an increase of 13.18% compared to RMB 2,944,039,720.08 at the beginning of the year[53] - Accounts receivable as of the end of Q1 2023 was RMB 33,252,788.71, a decrease of 17.14% compared to RMB 40,132,094.36 at the beginning of the year[53] Corporate Governance - The company completed the election of the 8th Board of Directors, with 9 members including 3 independent directors[49] Profit and Loss - Operating profit for the period was -7,507,312.29, a significant decrease compared to the previous period's -90,155,315.08[38] - Net profit for the period was -65,046,750.41, compared to 535,254,377.48 in the previous period[38] - Total operating costs for Q1 2023 were RMB 12,083,289,301.03, a slight decrease of 0.73% compared to RMB 12,171,633,613.54 in the same period last year[56]