2023-04-28 16:00Financial Performance - Total revenue for Q1 2023 reached RMB 44,421.22 million, an increase of 7.82% compared to the same period last year[4] - Net profit attributable to shareholders was RMB 5,652.38 million, a decrease of 15.35% year-on-year[4] - Basic earnings per share decreased to RMB 1.16, down 15.68% from RMB 1.37 in the previous year[4] - The company reported a significant increase in consumption tax, which rose by RMB 276 million year-on-year[9] - The company’s net profit for Q1 2023 was 48 million RMB, a decrease of 50.28% from 97 million RMB in Q1 2022[30] - The company’s total revenue for Q1 2023 was 194 million RMB, down 18.92% from 239 million RMB in Q1 2022[30] - Net profit for Q1 2023 was CNY 9,486,175, a decline of 11.0% compared to CNY 10,671,805 in Q1 2022[36] - The net profit for Q1 2023 was CNY 2,204,416, down 31.9% from CNY 3,235,877 in Q1 2022[46] Cash Flow - Net cash flow from operating activities was RMB 8,621.30 million, reflecting a significant increase of 546.82% due to financial services provided by Yancoal Financial Company[7] - Cash flow from financing activities improved significantly, with net inflow of RMB 604 million, driven by increased borrowings[9] - Operating cash flow for Q1 2023 increased to 50,956,395 thousand RMB, up 53.5% from 33,126,477 thousand RMB in Q1 2022[39] - Cash inflow from financing activities in Q1 2023 was 9,914,399 thousand RMB, an increase from 4,515,185 thousand RMB in Q1 2022[40] - Cash outflow from investing activities was 4,687,239 thousand RMB, compared to 1,159,757 thousand RMB in Q1 2022, indicating increased investment activity[40] - The net cash flow from operating activities was CNY 1,328,450, a decrease of 54% compared to CNY 2,896,661 in Q1 2022[47] - The net cash flow from financing activities was -CNY 7,663,828, worsening from -CNY 4,307,597 in the previous year[48] Production and Sales - In Q1 2023, the company produced 22,532 thousand tons of commercial coal, a decrease of 10.41% compared to 25,149 thousand tons in Q1 2022[16] - The total sales of commercial coal in Q1 2023 were 24,530 thousand tons, down 2.91% from 25,265 thousand tons in Q1 2022[16] - The company’s subsidiary, Yancoal Australia, saw a significant decrease in coal production, contributing to the overall decline in commercial coal output[17] - The company’s sales of electricity increased by 10.96% to 182,482 thousand kWh in Q1 2023, compared to 164,461 thousand kWh in Q1 2022[16] - The coal business revenue for Q1 2023 reached 27.916 billion yuan, an increase of 2.725 billion yuan or 10.8% year-on-year[21] - In Q1 2023, the coal chemical business generated sales revenue of 1,912 million RMB, a 16.5% increase from 1,699 million RMB in Q1 2022[27] Assets and Liabilities - Total assets as of March 31, 2023, amounted to RMB 301,975.17 million, representing a 1.93% increase from the end of the previous year[4] - The equity attributable to shareholders increased to RMB 100,462.36 million, a rise of 6.00% year-on-year[4] - Total liabilities amounted to CNY 166,992,722, down from CNY 168,108,539 in the previous quarter[34] - The total assets of the company as of March 31, 2023, were 34,681 million RMB, an increase of 8.86% from 31,858 million RMB at the end of 2022[30] Investments and Acquisitions - The company completed the acquisition of 75% equity in Shanghai Energy Building Co., which resulted in retrospective adjustments to the 2022 financial data[5] - The company plans to acquire a 51% stake in Shandong Energy Group's Luxi Mining for 18.319 billion RMB and a 51% stake in Xinjiang Energy for 8.112 billion RMB[31] Shareholder Information - As of March 31, 2023, the total number of common shareholders was 94,711, with the largest shareholder, Shandong Energy Group Co., Ltd., holding 2,257,324,473 shares, representing 45.61% of the total share capital[10] - The company’s total shareholding by Shandong Energy, including direct and indirect holdings, amounts to 2,712,313,473 shares, which is 54.81% of the total share capital[11] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top two shareholders alone accounting for over 83% of the total[10]