新疆天业(600075) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,507,128,490.87, representing a decrease of 15.40% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was a loss of CNY 39,342,228.88, a decline of 114.16% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 46,867,464.86, down 117.23% from the previous year[2]. - The basic earnings per share were -CNY 0.02, reflecting a decline of 112.50% year-on-year[2]. - The total profit for Q1 2023 was CNY -2,101.77 million, a decline of 106.37% from CNY 33,010.05 million in Q1 2022[14]. - The net profit attributable to the parent company in Q1 2023 was CNY -3,934.22 million, down 114.16% from CNY 27,788.71 million in the previous year[14]. - The company's gross profit margin decreased, with operating profit for Q1 2023 reported at -CNY 21,376,060.78, compared to CNY 328,419,421.76 in the same period last year[21]. - Basic and diluted earnings per share were both -0.02 CNY, compared to 0.16 CNY in the previous year[23]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 137,833,571.16, a decrease of 67.07% compared to the same period last year[2]. - Cash received from the sale of goods and services was 3,352,866,382.03 CNY, a decrease of 14.3% from 3,911,412,251.45 CNY in the same period last year[26]. - The total cash outflow for operating activities was 3,282,721,445.66 CNY, compared to 3,589,093,976.19 CNY in the previous year[26]. - Cash and cash equivalents as of March 31, 2023, were CNY 4,503,111,737.88, down from CNY 4,832,120,208.00 at the end of 2022, a decrease of 6.8%[19]. - The ending balance of cash and cash equivalents was 4,472,579,888.91 CNY, compared to 1,198,561,799.14 CNY at the end of the same period last year[28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,961,781,412.78, down 5.43% from the end of the previous year[2]. - Total assets as of March 31, 2023, were CNY 18,961,781,412.78, down from CNY 20,051,345,863.82 at the end of 2022, reflecting a decrease of 5.4%[19]. - Total liabilities decreased to CNY 8,358,653,277.46 from CNY 9,124,757,570.87, a reduction of 8.4%[19]. - The equity attributable to shareholders of the listed company was CNY 10,590,264,329.92, a decrease of 0.41% from the previous year-end[2]. Operational Performance - The company maintained production capacity for key chlor-alkali chemical products, producing 16.69 million tons of PVC resin and 12.85 million tons of caustic soda in Q1 2023[14]. - The company sold 15.36 million tons of PVC resin externally in Q1 2023[14]. - The company reported a significant decrease in accounts receivable by 63.07%, primarily due to the transfer of equity in Tianye Water Saving[6]. - The company experienced a 106.51% decline in operating profit, mainly due to the price drop of polyvinyl chloride resin and caustic soda products[6]. - The total operating costs for Q1 2023 were CNY 2,550,191,792.12, down from CNY 2,616,412,523.85 in Q1 2022, reflecting a reduction of 2.5%[21]. Investments and R&D - Research and development expenses for Q1 2023 were CNY 32,811,716.12, an increase of 28.0% compared to CNY 25,655,773.97 in Q1 2022[21]. - The company reported an investment income of CNY 17,474,483.93 in Q1 2023, recovering from a loss of CNY 28,305,614.55 in the same period last year[21]. - The company’s long-term equity investments increased slightly to CNY 1,370,283,707.08 as of March 31, 2023, compared to CNY 1,362,686,943.71 at the end of 2022[19]. Share Capital and Financing - The total share capital increased from 1,707,358,596 shares at the end of 2022 to 1,707,360,761 shares due to the conversion of "Tianye Convertible Bonds"[13]. - The company received 402,000,000.00 CNY from borrowings, down from 793,200,000.00 CNY in the previous year[26]. - Cash flow from financing activities resulted in a net outflow of -360,650,035.53 CNY, compared to -225,120,304.68 CNY in the previous year[26].