凌钢股份(600231) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥6,017,917,041.33, representing a year-on-year increase of 4.04%[6] - Net profit attributable to shareholders was ¥126,532,977.31, a decrease of 46.88% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥123,909,227.26, down 47.74% year-on-year[6] - The basic earnings per share for the period was ¥0.04, reflecting a decline of 50.00%[6] - The weighted average return on equity was 1.36%, a decrease of 1.45 percentage points compared to the previous year[6] - Total revenue for Q1 2022 reached ¥6,017,917,041.33, an increase of 4.05% compared to ¥5,784,041,493.32 in Q1 2021[30] - Net profit for Q1 2022 was ¥126,532,977.31, a decrease of 47.96% from ¥238,209,856.41 in Q1 2021[34] - The total comprehensive income attributable to the parent company for Q1 2022 was CNY 126,532,977.31, compared to CNY 238,209,856.41 in Q1 2021, reflecting a decrease of approximately 47%[36] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.04, down from CNY 0.08 in Q1 2021, indicating a 50% decline[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,617,074,009.38, a slight increase of 0.05% from the end of the previous year[9] - The company's total assets amounted to ¥17,617,074,009.38, slightly up from ¥17,608,335,891.04 in the previous period[30] - Total liabilities decreased to ¥8,232,261,895.34 from ¥8,356,924,723.13, indicating a reduction of approximately 1.49%[30] - Non-current liabilities totaled ¥708,166,273.97, a slight increase from ¥704,105,507.59[30] - The company reported a decrease in accounts payable from ¥1,090,813,624.29 to ¥1,078,994,001.51, a decline of 1.45%[30] Cash Flow - The net cash flow from operating activities was -¥40,420,736.53, indicating a significant cash outflow[6] - Cash inflows from operating activities totaled CNY 5,115,710,392.96 in Q1 2022, a decrease of about 10.5% from CNY 5,717,861,043.75 in Q1 2021[40] - Cash outflows from operating activities were CNY 5,156,131,129.49 in Q1 2022, down from CNY 6,064,475,614.87 in Q1 2021, representing a reduction of approximately 15%[40] - The net cash flow from operating activities for Q1 2022 was negative CNY 40,420,736.53, an improvement from negative CNY 346,614,571.12 in Q1 2021[40] - Cash outflows from financing activities in Q1 2022 amounted to CNY 687,881,439.44, compared to CNY 229,942,680.24 in Q1 2021, showing an increase of about 199%[42] - The net cash flow from financing activities for Q1 2022 was negative CNY 365,877,693.83, contrasting with a positive CNY 223,907,091.88 in Q1 2021[42] - The ending cash and cash equivalents balance for Q1 2022 was CNY 1,524,117,584.38, up from CNY 1,390,221,748.16 at the end of Q1 2021[42] - The company reported a cash balance of 3,934,380,618.45 CNY as of March 31, 2022, down from 4,235,385,159.22 CNY at the end of 2021[24] Shareholder Information - Shareholders' equity attributable to shareholders was ¥9,384,812,114.04, up 1.44% from the previous year[9] - The total number of ordinary shareholders at the end of the reporting period was 54,577[14] Related Party Transactions - The company engaged in significant related party transactions with Lingyuan Steel Group, totaling 678,504,584.06 CNY for iron concentrate, which accounted for 71.06% of similar transactions[17] - The company also purchased coke from Lingyuan Steel Group for 389,863,004.30 CNY, representing 22.46% of similar transactions[17] - The total amount of guarantees provided by the company and its subsidiaries to Lingyuan Steel Group and its controlled companies was 5 billion CNY, with a cumulative guarantee balance of 3.248 billion CNY as of March 31, 2022[21] - The company provided logistics services to related parties, generating revenue of 11,776,607.21 CNY, which accounted for 100% of the service[20] - The company plans to continue its strategic partnerships and expand its market presence through ongoing related party transactions and service agreements[21] Operational Costs - The company experienced a decrease in gross profit due to the increase in sales costs outpacing sales price growth[11] - Total operating costs for Q1 2022 were ¥5,840,467,387.13, up from ¥5,470,825,717.71 in Q1 2021, reflecting a year-over-year increase of 6.73%[34] Research and Development - Research and development expenses for Q1 2022 were ¥1,774,243.07, down from ¥1,847,559.76 in Q1 2021[34] Asset Management - The company’s total liabilities and equity structure remains stable, with a focus on maintaining liquidity and managing receivables effectively[24]