MTL(SH:600683)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥3,188,196,667.87, representing a significant increase of 1,254.16% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was ¥123,494,599.17, reflecting an increase of 81.52% year-on-year[6]. - The company's basic earnings per share for the period was ¥0.06, with diluted earnings per share also at ¥0.06[6]. - Net profit for Q1 2023 was ¥198,804,657.71, up from ¥64,850,913.92 in Q1 2022, reflecting a growth of approximately 206%[24]. - Earnings per share for Q1 2023 were ¥0.06, compared to a loss of ¥0.02 per share in Q1 2022[25]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥1,899,226,380.22, indicating a decrease in cash inflow compared to the previous year[6]. - Cash flow from operating activities in Q1 2023 was negative at -¥1,899,226,380.22, an improvement from -¥3,868,190,535.82 in Q1 2022[28]. - Cash and cash equivalents at the end of Q1 2023 totaled ¥2,015,435,245.20, down from ¥5,345,539,269.74 at the end of Q1 2022[29]. - The ending balance of cash and cash equivalents was CNY 66,210,798.10, down from CNY 258,441,709.52 at the beginning of the period[40]. - The cash inflow from operating activities was CNY 42,983,769.96, while cash outflow was CNY 55,338,442.26, leading to a negative cash flow[39]. Assets and Liabilities - Total assets at the end of the reporting period were ¥52,021,516,618.98, down 5.09% from the end of the previous year[7]. - The company's total assets amounted to RMB 52.02 billion, a decrease from RMB 54.81 billion as of December 31, 2022, representing a decline of approximately 5.06%[19]. - The company's total liabilities were RMB 41.08 billion, reduced from RMB 43.94 billion, reflecting a decrease of approximately 6.52%[21]. - The company's total liabilities as of March 31, 2023, were CNY 5,833,053,001.39, an increase from CNY 5,645,080,020.66, reflecting a growth of approximately 3.33%[32]. - Total liabilities amounted to CNY 43,937,920,546.37, with non-current liabilities at CNY 24,603,712,293.28[44]. Equity and Shareholder Information - The weighted average return on equity was 1.50% for the reporting period[7]. - The company reported a total equity of RMB 10.94 billion, up from RMB 10.88 billion, indicating a growth of approximately 0.6%[21]. - The number of ordinary shareholders at the end of the reporting period was 32,508[12]. - The company's equity attributable to shareholders was CNY 8,875,787,148.88, reflecting a slight decrease of CNY 339,312.98 compared to the previous period[44]. - The total owner's equity was CNY 10,875,154,346.68, showing a minor adjustment of CNY -339,312.98[44]. Investment Activities - The company has committed to investing RMB 15.00 billion in public bond issuance, with a guarantee fee of 1% per annum[16]. - The company completed a capital contribution of RMB 30 million to a venture capital fund during the reporting period[15]. - The company reported a significant increase in cash outflow related to investment activities, totaling CNY 315,046,300.00, compared to CNY 1,109,528,855.52 in the previous year[39]. - The company received CNY 2,471,174.67 in cash from investment income during the quarter[39]. Other Financial Metrics - The company experienced a 49.55% decrease in cash and cash equivalents, mainly due to land payment expenditures[10]. - Tax expenses for Q1 2023 amounted to ¥63,190,084.89, compared to a tax benefit of -¥7,770,032.18 in Q1 2022[24]. - Other comprehensive income for Q1 2023 was -¥49,119,344.22, compared to -¥36,162,966.20 in Q1 2022[25]. - The company reported a financial expense of CNY -13,131,658.50 in Q1 2023, compared to CNY -7,626,693.03 in Q1 2022, indicating an increase in financial costs[34]. - The company implemented new accounting standards starting January 1, 2023, which may affect the financial reporting[40].