SCC(SH:600740)2023-04-24 16:00Financial Performance - In Q1 2023, the company's operating revenue was CNY 2,467,160,352.14, a decrease of 20.85% compared to the same period last year[17] - The net profit attributable to shareholders of the listed company was CNY 762,639,114.58, down 32.03% year-on-year[17] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 764,757,654.29, a decrease of 31.65% compared to the previous year[17] - Basic earnings per share were CNY 0.2977, down 32.02% from the same period last year[17] - The weighted average return on net assets was 5.14%, a decrease of 3.67 percentage points compared to the previous year[17] - The company reported a net profit attributable to shareholders of the parent company for Q1 2023 is RMB 762,639,114.58, a decrease of 32.1% compared to RMB 1,122,018,973.55 in Q1 2022[26] - Total operating revenue for Q1 2023 was ¥2,467,160,352.14, a decrease of 20.83% compared to ¥3,117,020,180.85 in Q1 2022[43] - Net profit attributable to shareholders decreased by 32.03% to ¥760,447,604.72 from ¥1,119,537,047.23 year-over-year[50] - Operating profit for Q1 2023 was ¥764,698,538.21, down from ¥1,119,488,786.11 in Q1 2022[30] - The company reported an investment income of ¥1,135,511,201.95, down from ¥1,241,942,041.76, indicating a decrease of 8.56%[30] Cash Flow and Assets - The net cash flow from operating activities was CNY -195,602,987.31, representing a decline of 288.92% year-on-year[17] - The cash flow from operating activities in Q1 2023 is RMB 2,800,950,635.72, down from RMB 3,328,221,807.07 in Q1 2022, representing a decline of 15.8%[26] - Cash flow from operating activities showed a net outflow of ¥195,602,987.31, compared to a net inflow of ¥103,536,306.99 in the same period last year[45] - The cash and cash equivalents at the end of Q1 2023 stand at RMB 1,742,288,455.60, up from RMB 1,306,196,911.43 at the end of Q1 2022, showing an increase of 33.4%[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 24,561,860,084.29, an increase from CNY 23,457,081,447.09 at the end of the previous year[11] - The total liabilities amounted to CNY 9,139,367,313.89, compared to CNY 8,786,400,448.28 at the end of the previous year[11] - The company's total equity was CNY 15,422,492,770.40, up from CNY 14,670,680,998.81 at the end of the previous year[11] - The total assets as of the end of Q1 2023 amount to RMB 24,561,860,084.29, an increase from RMB 23,457,081,447.09 at the end of Q1 2022[24] - The total non-current liabilities increased to RMB 2,216,000,000.00 in Q1 2023 from RMB 1,692,014,874.64 in Q1 2022, indicating a rise of 30.9%[24] - The total liabilities as of Q1 2023 are RMB 6,805,638,964.03, compared to RMB 6,974,541,917.86 in Q1 2022, indicating a decrease of 2.4%[24] Shareholder Information - The company reported a total of 22,719,930 RMB in ordinary shares held by major shareholders[52] - Shanxi Coking Coal Energy Group holds 5.81% of the company's total shares as of the end of the reporting period[52] - The top ten shareholders include multiple funds managed by Shanghai Junrong Asset Management, indicating a concentration of ownership[52] - Shanxi Coking Coal Group is the controlling shareholder and has not participated in margin financing or securities lending[52] - The company is aware of shareholder Li Guohui's participation in margin financing activities[52] - The report indicates that Shanxi Coking Coal plans to adjust the number of shares available for securities lending to not exceed 1% of the total share capital[52] - The company has not disclosed any other shareholders' involvement in margin financing or securities lending activities[52] Research and Development - Research and development expenses decreased to ¥10,204,791.28 from ¥15,681,331.48, reflecting a reduction of 34.73%[30] General Observations - The report does not provide specific financial performance metrics or future guidance[53] - There is no mention of new product development or market expansion strategies in the current report[54] - The report lacks detailed insights into technological advancements or mergers and acquisitions[55]