Financial Performance - The company's operating revenue for Q1 2023 was CNY 10,470,409,086.22, representing a year-on-year increase of 20.07%[2] - The net profit attributable to shareholders of the listed company was a loss of CNY 105,451,906.05, a decrease of 123.80% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 113,661,336.96, down 124.86% year-on-year[2] - The basic and diluted earnings per share were both CNY -0.01, reflecting a decrease of 120.00%[2] - Net profit for Q1 2023 was -¥105,451,906.05, compared to a net profit of ¥442,999,067.32 in Q1 2022, indicating a significant decline[23] - The total profit for Q1 2023 was -¥126,605,402.16, a stark contrast to a profit of ¥573,586,017.30 in Q1 2022[23] - The company reported a total operating profit of -130,817,018.26 CNY in Q1 2023, compared to a profit of 540,168,549.02 CNY in Q1 2022, indicating a significant decline[44] - Net profit for Q1 2023 was -122,269,851.32 CNY, a sharp decrease from 391,769,667.61 CNY in Q1 2022, reflecting a negative performance trend[44] - The total comprehensive income for Q1 2023 was -122,269,851.32 CNY, compared to 391,769,667.61 CNY in Q1 2022, indicating a substantial decline in overall financial performance[46] Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 1,027,469,422.83, a decline of 468.91% compared to the previous year[2] - Cash flow from operating activities in Q1 2023 was -¥1,027,469,422.83, a decrease from a positive cash flow of ¥278,512,003.46 in Q1 2022[32] - The total cash inflow from operating activities in Q1 2023 was ¥9,592,778,468.97, compared to ¥7,443,616,534.80 in Q1 2022, marking a 29.4% increase[31] - Cash outflows from operating activities increased to 10,605,606,863.02 CNY in Q1 2023, compared to 7,270,206,892.12 CNY in Q1 2022, resulting in a net cash flow from operating activities of -1,026,934,859.46 CNY[48] - The company's cash and cash equivalents at the end of Q1 2023 were CNY 1,857,664,523.81, down from CNY 3,126,527,264.69 at the end of Q1 2022[35] - The company's cash and cash equivalents at the end of Q1 2023 were 1,857,324,578.40 CNY, down from 3,126,340,652.26 CNY at the end of Q1 2022, indicating a decrease in liquidity[51] Assets and Liabilities - Total assets at the end of the reporting period were CNY 38,940,427,129.72, a decrease of 1.08% from the end of the previous year[2] - Total current assets amounted to CNY 8,211,832,194.81, a decrease of 3.56% from CNY 8,514,222,407.34 on December 31, 2022[13] - Total non-current assets were CNY 30,728,594,934.91, slightly down from CNY 30,850,577,995.68, a decrease of 0.39%[14] - Total liabilities decreased to CNY 17,701,418,205.88 from CNY 18,022,882,702.66, a reduction of 1.78%[17] - The total assets as of March 31, 2023, were CNY 38,678,414,964.17, a decrease from CNY 39,094,446,785.81 at the end of 2022[41] - The total liabilities as of March 31, 2023, were CNY 17,644,437,223.82, slightly down from CNY 17,939,261,242.26 at the end of 2022[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 168,546[8] - The largest shareholder, Chongqing Changshou Iron & Steel Co., Ltd., held 2,096,981,600 shares, accounting for 23.51% of the total shares[9] - The top shareholder, Chongqing Changshou Steel Co., Ltd., holds 2,096,981,600 shares, representing a significant portion of the company's equity[10] - The company has a total of 10 major shareholders, with no reported related party transactions among them, except for Chongqing Changshou Steel Co., Ltd. and Baowu Group Zhongnan Steel Co., Ltd., which are under common control[11] Operating Costs and Expenses - Total operating costs for Q1 2023 were ¥10,607,423,444.43, up 29.5% from ¥8,195,033,135.10 in Q1 2022[21] - Research and development expenses for Q1 2023 amounted to ¥7,405,741.15, reflecting ongoing investment in innovation[21] - The company incurred interest expenses of ¥71,900,486.30 in Q1 2023, down from ¥83,217,052.33 in Q1 2022, indicating improved cost management[21] - The R&D expenses for Q1 2023 were CNY 7,405,741.15, reflecting ongoing investment in innovation[43] - The company invested 109,476,769.10 CNY in fixed assets and other long-term assets in Q1 2023, a decrease from 529,314,742.95 CNY in Q1 2022, indicating a reduction in capital expenditure[49]
重庆钢铁股份(01053) - 2023 Q1 - 季度业绩