GHWL(SH:600603)2023-04-10 16:00Financial Performance - The net profit for Q1 2023 was CNY 181,511,112.94, a significant increase from CNY 72,933,745.61 in Q1 2022, representing a growth of approximately 148%[4] - The total revenue from operating activities reached CNY 1,330,711,272.80, compared to CNY 916,914,457.52 in the same period last year, indicating a year-over-year increase of about 45%[9] - The operating profit for Q1 2023 was CNY 236,293,838.20, up from CNY 92,719,776.42 in Q1 2022, reflecting a growth of approximately 154%[4] - The basic earnings per share for Q1 2023 was CNY 0.15, compared to CNY 0.06 in Q1 2022, marking a 150% increase[5] - The company reported a total comprehensive income of CNY 181,511,112.94 for Q1 2023, compared to CNY 72,933,745.61 in Q1 2022, indicating a growth of approximately 148%[6] - Net profit attributable to shareholders for Q1 2023 was CNY 183,793,942.25, a significant increase of 151.68% from CNY 51,870,075.30 in the previous year[24] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 149,370,056.82, reflecting a remarkable increase of 709.25% compared to CNY 18,457,893.92 in the same period last year[24] - The weighted average return on equity for Q1 2023 was 3.19%, an increase of 2.38 percentage points from 0.96% in the previous year[27] Cash Flow and Financing - The cash flow from operating activities netted CNY 711,774,689.34, a substantial rise from CNY 190,232,150.25 in the previous year, representing an increase of about 274%[9] - The net cash flow from operating activities for Q1 2023 was CNY 711,774,689.34, up 274.16% from CNY 163,510,767.67 in the previous year[24] - The company raised CNY 620,000,000.00 through borrowings in Q1 2023, compared to CNY 149,000,000.00 in Q1 2022, indicating a significant increase in financing activities[10] Expenses and Liabilities - The financial expenses for Q1 2023 were CNY 86,124,973.65, an increase from CNY 68,890,417.75 in Q1 2022, reflecting a rise of about 25%[4] - The company incurred tax expenses of CNY 58,465,186.71 in Q1 2023, compared to CNY 20,148,551.61 in Q1 2022, which is an increase of approximately 189%[4] - The company's total liabilities amounted to ¥15,211,256,733.25, slightly down from ¥15,296,258,479.58 in the previous period[45] - Total operating costs for Q1 2023 were ¥548,254,736.86, up from ¥441,699,075.81 in Q1 2022, reflecting a year-over-year increase of 24.1%[45] Assets and Equity - The total assets at the end of Q1 2023 were CNY 21,806,006,088.45, reflecting a 0.46% increase from CNY 21,706,645,251.84 at the end of the previous year[27] - The company's cash and cash equivalents reached RMB 795,695,680.52, up from RMB 651,133,982.11 in December 2022, reflecting a growth of approximately 22.1%[40] - The company's inventory stood at RMB 3,703,385,197.69, a decrease from RMB 3,886,354,198.40 at the end of 2022, indicating a reduction of about 4.7%[40] - The company's non-current assets totaled RMB 16,702,403,970.10, an increase from RMB 16,548,020,584.05 at the end of 2022, reflecting a growth of approximately 0.9%[43] - Shareholders' equity attributable to the parent company increased to ¥5,855,984,956.66 from ¥5,669,344,571.56, marking a growth of 3.3%[45] - The company's retained earnings rose to ¥4,427,999,248.32, compared to ¥4,244,205,306.07 in the previous year, indicating an increase of 4.3%[45] Corporate Developments - The company paid CNY 835,254,300 for the second phase of the acquisition of 92.7708% equity in Xinjiang Hongnao San Railway Co., Ltd. during the reporting period[14] - The company established a new subsidiary, Guohui Ningxia Coal Storage and Distribution Co., Ltd., to fill the coal demand gap in the Ningxia region[16] - The employee stock ownership plan received a total subscription amount of CNY 192,804,780.00 from 91 employees, acquiring 37,221,000 shares[15] Shareholder Information - The company reported a total of 541,213,926 shares held by its largest shareholder, Xinjiang Guanghui Industrial Investment (Group) Co., Ltd., representing 43.13% of total shares[36]