山煤国际(600546) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 167.74% to CNY 220.54 million year-on-year[4] - Operating revenue decreased by 20.43% to CNY 8.21 billion compared to the same period last year[4] - Basic earnings per share increased by 175.00% to CNY 0.11[4] - The company reported a net profit of CNY 86.86 million, a significant recovery from a loss of CNY 133.68 million in the previous period[15] - Total operating revenue for Q1 2019 was RMB 8,207,985,024.63, a decrease of 20.3% compared to RMB 10,314,814,865.60 in Q1 2018[17] - Net profit for Q1 2019 reached RMB 447,037,053.46, an increase of 35.5% compared to RMB 330,051,486.13 in Q1 2018[18] - Operating profit for Q1 2019 was RMB 663,359,864.93, an increase of 24.7% from RMB 531,820,815.94 in Q1 2018[18] - Total comprehensive income for Q1 2019 was RMB 447,037,053.46, compared to RMB 330,051,486.13 in Q1 2018[18] Cash Flow - Net cash flow from operating activities increased by 36.36% to CNY 624,731,631.99 compared to CNY 458,135,289.33 in the same period last year, driven by enhanced profitability in the coal business[9] - In Q1 2019, the total cash inflow from operating activities was CNY 9,603,552,097.13, a decrease of 16.4% compared to CNY 11,486,874,309.79 in Q1 2018[23] - The net cash flow from operating activities for Q1 2019 was CNY 624,731,631.99, an increase of 36.4% from CNY 458,135,289.33 in Q1 2018[23] - The cash inflow from investment activities in Q1 2019 was CNY 106,307.96, a decrease of 92.3% compared to CNY 1,388,463.11 in Q1 2018[23] - The cash outflow for investing activities in Q1 2019 was CNY 338,282,190.37, significantly higher than CNY 95,591,381.00 in Q1 2018, indicating an increase of 253.0%[23] Assets and Liabilities - Total assets decreased by 3.72% to CNY 46.54 billion compared to the end of the previous year[4] - Total current assets decreased to CNY 19,392,875,213.56 from CNY 21,225,714,542.75, indicating a reduction in liquidity[11] - The total assets of the company amounted to CNY 46,538,312,485.77, down from CNY 48,335,260,104.50, reflecting a decrease in overall asset value[12] - Total liabilities decreased from CNY 31.88 billion to CNY 28.42 billion, a decline of approximately 10.5%[15] - The company's equity increased from CNY 7.77 billion to CNY 7.93 billion, reflecting an increase of about 2.1%[15] - The company's short-term borrowings decreased by 22.03% to CNY 8,684,016,020.44 from CNY 11,134,932,681.07, indicating improved debt management[12] Shareholder Information - The number of shareholders at the end of the reporting period was 57,758[6] - The largest shareholder, Shanxi Coal Import and Export Group Co., Ltd., holds 58.61% of the shares[6] Expenses - Research and development expenses rose by 66.98% to CNY 10,512,972.39, primarily due to increased spending on coal mine R&D[9] - Sales expenses increased by 66.50% to CNY 140,514,089.62, mainly due to higher railway and port fees associated with direct sales of self-produced coal[9] - Financial expenses for Q1 2019 were RMB 240,618,077.42, a decrease of 16.5% from RMB 288,288,604.36 in Q1 2018[17] Investment Activities - Long-term equity investments increased by 135.90% to CNY 138.87 million due to investments in a leasing company[8] - The company reported a significant increase of 164.72% in cash paid for the acquisition of fixed assets, amounting to CNY 244,585,216.21, reflecting investment in infrastructure[9]