山东钢铁(600022) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 24,750,493,894.66, representing a year-on-year increase of 2.65%[5] - The net profit attributable to shareholders of the listed company was a loss of CNY 309,344,299.17, a decrease of 152.42% compared to the same period last year[5] - The basic earnings per share for the period was -CNY 0.0289, down 152.36% from the previous year[5] - Net profit for Q1 2023 was a loss of ¥288.22 million, compared to a profit of ¥891.06 million in Q1 2022, representing a significant decline[24] - Total comprehensive income for Q1 2023 was a loss of ¥289.21 million, compared to a gain of ¥890.87 million in Q1 2022[24] Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 1,779,439,908.32, reflecting a decline of 274.42% year-on-year[5] - Cash flow from operating activities showed a net outflow of ¥1.78 billion in Q1 2023, contrasting with a net inflow of ¥1.02 billion in Q1 2022[27] - Cash and cash equivalents decreased to ¥6,848,866,763.84 from ¥7,891,778,572.52, reflecting a decline of approximately 13.2%[18] - Cash and cash equivalents at the end of Q1 2023 totaled ¥5.44 billion, down from ¥5.97 billion at the end of Q1 2022[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 69,174,320,466.84, an increase of 0.24% compared to the end of the previous year[6] - Current assets totaled ¥16,199,812,446.52, compared to ¥16,174,802,127.36 at the end of 2022, indicating a marginal increase[18] - Total liabilities increased to ¥37,637,273,686.20 from ¥37,198,105,726.66, representing an increase of approximately 1.2%[20] - Current liabilities totaled ¥28,691,247,248.62, slightly down from ¥28,847,063,145.61, indicating a decrease of about 0.5%[20] - Long-term borrowings rose to ¥6,842,499,999.95 from ¥6,134,499,999.95, an increase of approximately 11.5%[20] Shareholder Equity - The equity attributable to shareholders of the listed company decreased to CNY 21,542,176,334.23, down 1.36% from the end of the previous year[6] - The company's equity attributable to shareholders decreased to ¥21,542,176,334.23 from ¥21,839,636,226.63, a decline of about 1.4%[20] - The company reported a weighted average return on equity of -1.43%, a decrease of 4.09 percentage points year-on-year[5] Operating Costs and Expenses - Total operating costs increased to ¥25.09 billion in Q1 2023, up 8.61% from ¥23.10 billion in Q1 2022[24] - Research and development expenses rose to ¥501.51 million in Q1 2023, an increase of 27.4% from ¥393.78 million in Q1 2022[24] - The company’s financial expenses decreased to ¥101.95 million in Q1 2023 from ¥116.91 million in Q1 2022[24] Inventory and Receivables - Inventory increased to ¥5,728,465,499.05 from ¥4,983,219,728.30, reflecting a growth of approximately 14.9%[18] - Accounts receivable decreased to ¥180,467,685.40 from ¥277,742,128.20, a reduction of about 34.9%[18] Non-Recurring Items - Non-recurring gains and losses totaled CNY 17,316,251.30 for the period[8] - The decline in net profit was primarily attributed to a decrease in steel prices in the market[8] - The company reported a decrease in undistributed profits to ¥1,747,103,018.49 from ¥2,056,447,317.66, a decline of about 15.0%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 237,752[9]