鹏欣资源(600490) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥2,005,783,226.29, representing a year-on-year increase of 64.79%[5] - The net profit attributable to shareholders decreased by 67.45% to ¥21,227,892.22 compared to the same period last year[5] - Basic earnings per share were ¥0.0096, down 67.48% year-on-year[6] - Net profit for Q1 2023 was ¥10,393,100.32, a decrease of 84.5% from ¥67,298,962.71 in Q1 2022[26] - Other comprehensive income for Q1 2023 showed a net loss of ¥54,034,150.85, compared to a loss of ¥10,250,607.23 in Q1 2022[27] Cash Flow - The net cash flow from operating activities increased by 56.35% to ¥51,426,598.01[5] - In Q1 2023, the cash inflow from operating activities was approximately CNY 2.46 billion, a significant increase of 98.5% compared to CNY 1.24 billion in Q1 2022[30] - The net cash flow from operating activities for Q1 2023 was CNY 51.43 million, up from CNY 32.89 million in Q1 2022, reflecting a growth of 56.4%[30] - The net cash flow from investing activities was CNY 19.85 million in Q1 2023, a recovery from a negative cash flow of CNY 211.75 million in Q1 2022[31] - Cash inflow from financing activities decreased to CNY 124.05 million in Q1 2023, down 69.4% from CNY 405.44 million in Q1 2022[31] - The net cash flow from financing activities was negative at CNY 56.80 million in Q1 2023, compared to a positive cash flow of CNY 211.79 million in Q1 2022[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,662,387,621.27, a decrease of 1.43% from the end of the previous year[6] - The company's total assets as of Q1 2023 amounted to ¥8,662,387,621.27, down from ¥8,787,972,930.80 at the end of Q1 2022[23] - Total liabilities for Q1 2023 were ¥2,860,398,896.18, a decrease of 3.0% compared to ¥2,947,721,359.60 in Q1 2022[23] - The company's equity attributable to shareholders was ¥6,001,929,209.07, slightly down from ¥6,037,743,307.70 in Q1 2022[23] Operational Metrics - The company's operating costs increased by 83.58%, in line with the rise in operating revenue[10] - Total operating costs for Q1 2023 were ¥2,058,314,693.52, up from ¥1,174,708,126.74 in Q1 2022, reflecting a year-over-year increase of 75.1%[25] - The company's inventory increased to RMB 1.16 billion from RMB 1.13 billion, indicating a growth of approximately 11.5%[21] - The accounts receivable increased by 36.18%, primarily due to an increase in sales of sulfuric acid[10] - The company has reported an increase in accounts receivable to RMB 104 million from RMB 76.36 million, marking an increase of approximately 36%[21] Investments and Subsidiaries - The company plans to establish a wholly-owned subsidiary, Pengxin (Hong Kong) International Trade Co., Ltd., in Hong Kong with a registered capital of $6.3 million to optimize global commodity allocation[15] - The long-term equity investments rose to RMB 1.68 billion, compared to RMB 1.67 billion at the end of 2022, reflecting a growth of about 0.33%[21] - The company has provided a guarantee for its wholly-owned subsidiary, Pengxin International, for a prepayment of $14 million from Samsung C&T Singapore PTE LTD[18] Legal and Financial Issues - The company is involved in a legal dispute regarding a low-grade copper ore pile, with potential financial implications pending resolution[18] - The company has seen a 394.87% increase in deferred income tax liabilities, reflecting an increase in temporary tax differences[10] - Non-recurring gains and losses totaled ¥21,015,829.35 for the period[9] Financial Management - The company's total current assets amounted to approximately RMB 3.31 billion, a decrease from RMB 3.36 billion as of December 31, 2022[21] - The company's cash and cash equivalents were reported at RMB 857.15 million, slightly down from RMB 858.49 million at the end of 2022[21] - The total cash and cash equivalents at the end of Q1 2023 stood at CNY 517.95 million, down from CNY 661.25 million at the end of Q1 2022[31] - The company's derivative financial assets increased to RMB 9.83 million from RMB 9.24 million, showing a growth of about 6.4%[21] - The company's total liabilities and equity will be detailed in the upcoming financial disclosures, reflecting ongoing financial management strategies[19]