海大集团(002311) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 23,358,349,660.13, representing a 17.07% increase compared to CNY 19,953,219,403.77 in the same period last year[3] - Net profit attributable to shareholders for Q1 2023 was CNY 407,909,413.30, a significant increase of 103.24% from CNY 200,704,938.91 year-on-year[3] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.25, up 108.33% from CNY 0.12 in the same quarter last year[3] - The total comprehensive income for the first quarter of 2023 was CNY 317,004,014.64, an increase from CNY 254,547,318.95 in the same period last year, representing a growth of approximately 24.6%[24] - Net profit for Q1 2023 was ¥435.25 million, representing a 87.67% increase from ¥232.01 million in Q1 2022[23] Cash Flow - The net cash flow from operating activities improved to CNY 200,675,996.60, a 119.17% increase compared to a negative cash flow of CNY -1,046,616,499.85 in the previous year[3] - Cash inflows from operating activities totaled CNY 24,339,487,662.66, compared to CNY 21,175,998,610.20 in the prior year, reflecting a growth of about 10.2%[25] - Cash outflows from operating activities were CNY 24,138,811,666.06, an increase from CNY 22,222,615,110.05, resulting in a net cash flow from operating activities of CNY 200,675,996.60, a significant recovery from a net outflow of CNY 1,046,616,499.85 last year[26] - The net cash flow from investing activities was negative CNY 550,261,709.64, an improvement from negative CNY 2,436,270,357.27 in the same period last year[26] - The net cash flow from financing activities was CNY 1,535,129,462.84, down from CNY 4,048,101,043.47 in the previous year, indicating a decrease of approximately 62.0%[27] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 45,540,607,278.65, reflecting a 2.95% increase from CNY 44,237,781,732.31 at the end of the previous year[4] - Total liabilities increased to ¥26.01 billion in Q1 2023, compared to ¥24.89 billion in Q1 2022, marking a rise of 4.49%[21] - The company's equity attributable to shareholders reached ¥18.29 billion, an increase from ¥17.82 billion in the previous year, reflecting a growth of 2.63%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period was 23,741, with the largest shareholder holding 54.73% of shares[9] - Guangzhou Haihao Investment Co., Ltd. held 910,589,359 shares, representing 54.73% of total shares, and has pledged 42,383,000 shares[9] - The top ten shareholders did not participate in margin financing or securities lending activities[10] - The company repurchased 10.27 million shares, which are not included in the top ten shareholders[10] Stock Options and Incentives - The company has a stock option incentive plan that granted 47,953,200 stock options to 4,003 participants in June 2021[11] - As of January 31, 2023, the company canceled 3,745,988 stock options due to various reasons including employee departures and performance evaluations[13] - The stock option exercise price was adjusted from 59.68 RMB/share to 59.36 RMB/share following a rights distribution in May 2022[12] - The company completed the registration of the stock option incentive plan's reserved stock options for 1,044 participants, totaling 6,825,100 options, on June 24, 2022[13] - The company completed the cancellation of 3,745,988 stock options due to various reasons, including employee departures and performance criteria not being met[14] Operational Metrics - Operating income from non-recurring items increased by 112.28%, driven by compensation received for project cooperation with suppliers[8] - The company reported a 217.03% increase in investment income for the period, mainly due to profits from futures trading[8] - Research and development expenses increased to ¥159.08 million in Q1 2023, compared to ¥136.21 million in Q1 2022, reflecting a growth of 16.73%[23] - Operating costs for Q1 2023 were ¥22.87 billion, up 15.43% from ¥19.75 billion in the same period last year[22] Current Assets - The total current assets reached CNY 22.37 billion, up from CNY 21.22 billion at the start of the year, indicating a growth of approximately 5.43%[19] - The company's accounts receivable increased to CNY 3.01 billion from CNY 1.95 billion, reflecting a growth of approximately 54.06%[19] - Inventory decreased to CNY 12.10 billion from CNY 12.63 billion, showing a reduction of about 4.21%[19] - The company's fixed assets rose to CNY 15.09 billion from CNY 14.93 billion, marking an increase of approximately 1.07%[19] - The long-term equity investments decreased to CNY 199.17 million from CNY 315.18 million, a decline of about 36.83%[19] - The company’s intangible assets increased to CNY 1.64 billion from CNY 1.62 billion, reflecting a growth of approximately 1.26%[19] - The company’s deferred tax assets rose to CNY 787.66 million from CNY 745.94 million, an increase of about 5.59%[19]