Financial Performance - Operating revenue for Q1 2023 was CNY 3,550,848,997.38, a decrease of 42.66% compared to the same period last year[2]. - Net profit attributable to shareholders was CNY 398,028,578.53, down 71.11% year-on-year[2]. - Net profit excluding non-recurring gains and losses was CNY 373,386,855.28, reflecting a 72.37% decline compared to the previous year[2]. - Basic earnings per share decreased to CNY 0.0294, down 71.51% from the same period last year[2]. - The decline in revenue and profit was primarily due to a slowdown in container market demand and decreased operational efficiency[5]. - The company reported a significant reduction in sales volume in the container manufacturing segment, impacting overall financial performance[5]. - Total revenue for Q1 2023 was CNY 3,564,445,102.75, a decrease from CNY 6,205,157,654.41 in Q1 2022[17]. - Net profit for Q1 2023 was CNY 398,028,578.53, down from CNY 1,377,568,782.43 in Q1 2022, representing a decline of approximately 71.2%[19]. - Operating profit for Q1 2023 was CNY 448,472,614.28, significantly lower than CNY 1,633,230,265.13 in Q1 2022, indicating a decrease of about 72.5%[19]. - Other comprehensive income attributable to the parent company for Q1 2023 was CNY -114,648,255.12, compared to CNY -15,029,690.48 in Q1 2022[19]. - Total comprehensive income for Q1 2023 was a loss of RMB 13.52 million, contrasting with a gain of RMB 5.07 million in Q1 2022[30]. Cash Flow - Net cash flow from operating activities was CNY 253,922,678.39, a significant drop of 93.86% year-on-year[2]. - Cash flow from operating activities for Q1 2023 was CNY 253,922,678.39, a sharp decline compared to CNY 4,136,971,185.16 in Q1 2022[21]. - Cash received from sales of goods and services in Q1 2023 was CNY 2,950,432,278.32, down from CNY 6,987,589,199.54 in Q1 2022[21]. - Cash flow from investing activities yielded a net inflow of RMB 682.48 million in Q1 2023, down from RMB 1.89 billion in Q1 2022[32]. - Cash flow from financing activities resulted in a net outflow of RMB 1.10 billion in Q1 2023, compared to a net inflow of RMB 2.40 billion in Q1 2022[32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 119,977,043,887.72, a decrease of 6.38% from the end of the previous year[2]. - Total current assets amount to ¥18,193,807,147.93, a decrease from ¥24,890,092,773.29 as of December 31, 2022[11]. - Total non-current assets decreased to ¥101,783,236,739.79 from ¥103,256,637,325.15, indicating a decline of approximately 1.43%[12]. - Total liabilities decreased to ¥90,988,528,363.14 from ¥99,254,102,790.94, reflecting a reduction of about 8.67%[14]. - Short-term borrowings decreased significantly from ¥20,013,089,759.55 to ¥12,728,719,557.50, a reduction of approximately 36.06%[13]. - Long-term borrowings increased to ¥51,423,744,498.36 from ¥48,519,714,997.49, an increase of about 3.71%[14]. - The total assets as of March 31, 2023, are ¥119,977,043,887.72, down from ¥128,146,730,098.44, a decrease of approximately 6.67%[12]. - Total liabilities as of March 31, 2023, were ¥30,177,393,642.03, up from ¥29,448,407,749.75 at the end of 2022[26]. - Current liabilities increased to ¥8,353,373,270.37 as of March 31, 2023, compared to ¥7,846,387,378.09 at the end of 2022[26]. Shareholder Information - China Shipping Group Co., Ltd. holds 4,410,624,386 unrestricted shares, accounting for 34.10% of the total share capital[9]. - The company reported a total of 6,123,503,998 shares held by major shareholders, representing 45.12% of the total share capital[9]. - The total equity attributable to shareholders was CNY 28,988,515,524.58, a slight increase from CNY 28,892,627,307.50[15]. Other Financial Metrics - Non-recurring gains totaled CNY 24,641,723.25, with government subsidies contributing CNY 23,585,271.17[4]. - Investment income for Q1 2023 was CNY 687,765,136.80, slightly down from CNY 714,469,129.59 in Q1 2022[16]. - The company reported a decrease in financial expenses, with interest expenses dropping to RMB 93.47 million in Q1 2023 from RMB 195.96 million in Q1 2022, a reduction of approximately 52%[29]. - The company’s cash and cash equivalents at the end of Q1 2023 stood at RMB 2.98 billion, down from RMB 6.23 billion at the end of Q1 2022[32]. - The company reported a significant decrease in cash received from investment recoveries, totaling ¥1,928,133,620.25 in Q1 2023, down 33.5% from ¥2,902,810,737.69 in Q1 2022[23].
中远海发(02866) - 2023 Q1 - 季度业绩