Financial Performance - Net profit attributable to shareholders rose by 75.91% to RMB 9,438,229,716.32 from RMB 5,365,267,017.62 in the same period last year[4] - Operating revenue for the current period reached ¥9,438,229,716.32, a 75.91% increase compared to ¥5,365,267,017.62 in the previous period, primarily due to the release of related production capacity[10] - Net profit excluding non-recurring gains and losses decreased by 32.01% to RMB 2,396,600,665.19[4] - Basic and diluted earnings per share fell by 32.00% to RMB 1.19[4] - Total comprehensive income for the period attributable to the parent company's owners was CNY 2,103,784,883.41, down from CNY 3,354,592,585.76 in the previous period, representing a decrease of approximately 37%[33] - Net profit for the current period was CNY 2,163,972,917.06, down from CNY 3,560,026,630.63 in the previous period, reflecting a decrease of approximately 39.2%[31] Assets and Liabilities - Total assets increased by 2.24% to RMB 80,933,407,511.25 compared to the previous year[2] - The company's total current assets amounted to RMB 30,499,227,163.59, a decrease of 4.58% from RMB 31,966,036,151.87 at the beginning of the year[20] - The total non-current assets increased to RMB 50,434,180,347.66, up 6.73% from RMB 47,193,873,916.27 at the beginning of the year[21] - Total liabilities decreased slightly to CNY 29,693,841,543.98 from CNY 30,293,601,966.45, a reduction of about 2.0%[24] - The total equity attributable to the parent company increased to CNY 46,217,027,259.62 from CNY 44,042,826,990.75, reflecting a growth of approximately 4.9%[24] Cash Flow - Cash flow from operating activities decreased by 31.07% to RMB 2,138,674,627.96[4] - The net cash flow from operating activities was -¥3,169,082,963.04, a decrease of -379.24% compared to ¥1,134,889,135.18 in the previous period, primarily due to payments related to prior guarantees and taxes[11] - Cash inflow from operating activities totaled CNY 12,183,086,187.91, significantly higher than CNY 4,767,338,176.91 in the previous period, indicating an increase of approximately 155%[34] - The net cash flow from financing activities increased by 2,459.49% to ¥4,579,657,096.20 from ¥178,928,609.51, mainly due to cash received from new borrowings[11] - Cash inflow from financing activities reached CNY 7,097,183,241.00, compared to CNY 1,352,566,270.00 in the previous period, representing an increase of approximately 424%[38] Borrowings and Financial Expenses - Short-term borrowings rose by 37.81% to RMB 2,906,595,269.05, primarily for new short-term loans for production operations[8] - Long-term borrowings increased by 53.38% to RMB 14,014,345,214.15, mainly for project investment and construction[9] - Financial expenses surged by 251.25% to ¥139,156,718.01 from ¥39,617,229.62, mainly due to increased interest expenses and foreign exchange losses[10] Research and Development - R&D expenses rose by 84.99% to ¥391,927,028.05 from ¥211,864,208.36, reflecting continued investment in research and development[10] Shareholder Information - The total number of common shareholders at the end of the reporting period was 347,226 for A shares and 39 for H shares[12] - The largest shareholder, HKSCC NOMINEES LIMITED, holds 20.01% of the shares, amounting to 403,542,556 shares[12] Other Comprehensive Income - Other comprehensive income decreased by 41.91% to RMB 405,927,152.04 due to foreign currency translation differences[9] - The company reported a net loss from other comprehensive income attributable to the parent company of CNY -327,121,160.00, compared to CNY -170,490,398.96 in the previous period[32] Investments and Projects - The company approved an investment agreement to build a 24GWh power battery production line and a 10GWh battery PACK assembly line in Chongqing[17] - A new project for a 10GWh lithium battery and energy storage headquarters was approved for investment in Dongguan[17] - The company will hold an 80% stake in Xinyu Ganfeng Mining Co., after acquiring an 18% stake from Shanghai Jujin Gui[18] - A strategic cooperation framework agreement was signed with the Xilin Gol League Administrative Office to develop a lithium battery new energy industry chain[18] - The company provided financial assistance of up to RMB 10 million to its affiliate, Inner Mongolia Vlasto Mining Co., at an interest rate of 5%[18]
赣锋锂业(01772) - 2023 Q1 - 季度业绩