HYNY(SH:600758)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,974,534,002.88, representing a slight decrease of 0.06% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 287,105,612.04, an increase of 24.73% year-on-year[4]. - Basic and diluted earnings per share were both CNY 0.22, reflecting a year-on-year increase of 29.41%[4]. - The net profit for Q1 2023 was CNY 286,847,503.77, an increase of 24.6% compared to CNY 230,117,789.36 in Q1 2022[18]. - The operating profit for Q1 2023 was CNY 397,768,581.90, compared to CNY 333,530,349.55 in Q1 2022, reflecting an increase of 19.3%[18]. Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -35,233,519.59, a significant decline of 112.01% compared to the previous year[4]. - The cash flow from operating activities showed a net outflow of CNY 35,233,519.59, a significant decline from a net inflow of CNY 293,289,071.17 in Q1 2022[21]. - The total investment cash outflow for Q1 2023 was CNY 41,962,426.98, compared to CNY 20,915,078.21 in Q1 2022, indicating an increase of 100.0%[21]. - The financing cash inflow for Q1 2023 was CNY 673,000,000.00, up from CNY 419,000,000.00 in Q1 2022, representing a growth of 60.5%[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,848,220,048.10, down 0.56% from the end of the previous year[5]. - Total liabilities as of March 31, 2023, were CNY 9,170,479,782.55, down from CNY 9,637,279,298.65 at the end of 2022, representing a decrease of approximately 4.84%[15]. - The company's cash and cash equivalents increased to CNY 3,065,611,611.98 from CNY 2,887,385,664.78, marking an increase of about 6.2%[13]. - Accounts receivable rose to CNY 638,092,722.53 from CNY 560,066,426.99, indicating an increase of approximately 13.9%[13]. - Inventory decreased from CNY 144,349,232.81 to CNY 123,763,905.38, a reduction of about 14.3%[13]. - Total operating costs for Q1 2023 were CNY 1,578,525,512.80, down from CNY 1,635,748,144.63 in Q1 2022, indicating a decrease of about 3.9%[17]. - Operating costs specifically decreased from CNY 1,400,514,085.53 in Q1 2022 to CNY 1,336,327,989.11 in Q1 2023, a reduction of approximately 4.6%[17]. Shareholder Information - Shareholders' equity attributable to shareholders increased to CNY 5,679,405,383.51, marking a growth of 7.24% from the previous year[5]. - The total number of ordinary shareholders at the end of the reporting period was 56,525[8]. - The company's equity attributable to shareholders increased to CNY 5,679,405,383.51 from CNY 5,296,190,271.94, reflecting an increase of approximately 7.3%[15]. Tax and Regulatory - The company incurred tax expenses of CNY 111,426,720.50 in Q1 2023, compared to CNY 101,165,773.84 in Q1 2022, which is an increase of 10.5%[18]. - The company experienced an increase in tax payments and cross-period payments for fuel coal, impacting cash flow negatively[7]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22].