开山股份(300257) - 2023 Q1 - 季度财报

Financial Performance - The company achieved operating revenue of CNY 937.46 million, an increase of 5.20% year-on-year[14] - Net profit attributable to shareholders decreased by 27.48% to CNY 76.30 million compared to the same period last year[25] - The company reported a basic earnings per share of CNY 0.0768, down 27.48% from the previous year[25] - Net profit for Q1 2023 was ¥77,391,187.95, a decrease of 27.4% from ¥106,550,969.67 in Q1 2022[45] - Earnings per share for Q1 2023 were ¥0.0768, down from ¥0.1059 in the previous year[46] Cash Flow and Assets - The net cash flow from operating activities increased by 49.18% to CNY 125.60 million[25] - The company's cash and cash equivalents increased to approximately RMB 816.89 million from RMB 683.92 million at the beginning of the year, reflecting a growth of about 19.5%[33] - Cash and cash equivalents at the end of Q1 2023 were ¥565,458,610.57, an increase from ¥478,380,435.95 at the end of Q1 2022[48] - Total assets at the end of the period were CNY 13.39 billion, reflecting a growth of 2.15% from the previous year[25] - The total assets of the company reached RMB 13.39 billion, compared to RMB 13.11 billion at the beginning of the year, marking an increase of about 2.1%[34] - Total assets and equity as of March 31, 2023, were ¥13,394,274,061.05 and ¥5,775,066,881.67 respectively, compared to ¥13,112,319,825.40 and ¥5,814,168,520.02 at the end of the previous year[44] Liabilities and Financial Expenses - Total liabilities of the company increased to RMB 7.62 billion from RMB 7.30 billion, reflecting a rise of approximately 4.4%[34] - Financial expenses rose by 94.77% to CNY 55.42 million, primarily due to increased interest expenses[10] - Financial expenses increased significantly to ¥55,419,229.39 in Q1 2023 from ¥28,453,869.09 in the same period last year[44] Other Income and Expenses - Other income increased by 119.67% to CNY 10.09 million, attributed to an increase in government subsidies received[10] - Research and development expenses for Q1 2023 were ¥25,533,155.14, a decrease from ¥28,757,063.33 in Q1 2022[44] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,775, with the largest shareholder, Kaishan Holding Group Co., Ltd., holding 57.25% of shares, equating to 568,900,942 shares[28] Project Updates - The company reported a profit decrease of approximately RMB 30 million from the Sosian-Menengai project compared to the same period last year[32] - The company anticipates completing drilling of the T-13 well in the second quarter, following setbacks from the T-11 well[32] - The revenue from LMF products showed a decline of over RMB 10 million compared to last year, attributed to external factors affecting domestic business[32] - The company maintains a positive outlook for its domestic and international compressor product lines, which continue to show growth in revenue and profit[32] Other Financial Metrics - Other non-current assets increased by 255.55% to CNY 32.44 million due to the increase in other non-current assets at the end of the period[10] - Other payables increased by 45.96% to CNY 66.55 million, indicating a rise in other payables at the end of the period[10] - The weighted average return on net assets decreased to 1.32%, down 0.80% from the previous year[25] - Total operating costs for Q1 2023 were ¥848,879,898.33, up 9.5% from ¥774,964,425.79 in the same period last year[44] - The company reported a net cash outflow from investing activities of ¥261,225,859.67 in Q1 2023, compared to a net outflow of ¥413,804,565.65 in Q1 2022[48]