FJC(SH:600802)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥446,542,089.22, representing a decrease of 13.16% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was -¥100,823,164.09, a decline of 107.48% year-on-year[6]. - The basic and diluted earnings per share for Q1 2023 were both -¥0.22, a decrease of 107.48% year-on-year[6]. - The net loss for Q1 2023 was ¥123,339,164.18, compared to a net loss of ¥67,379,680.76 in Q1 2022, indicating an increase in losses of 83.23%[16]. - The weighted average return on net assets was -6.82%, a decrease of 4.27 percentage points compared to the previous year[6]. - Other comprehensive income after tax for Q1 2023 was -¥14,768,360.10, contrasting with a positive amount of ¥31,312,710.00 in Q1 2022, indicating a significant decline[16]. Cash Flow - The net cash flow from operating activities was -¥138,453,772.85, showing an increase of 26.38% compared to the previous year[6]. - In Q1 2023, the cash inflow from operating activities totaled $417.29 million, a decrease of 11.1% compared to $469.59 million in Q1 2022[19]. - The company reported a total cash outflow from operating activities of $555.74 million, down from $657.65 million in Q1 2022, indicating a reduction of 15.5%[19]. - The company received $139,901.15 in tax refunds, a decrease of 8.3% from $152,271.45 in the previous year[19]. - The company’s cash flow from other operating activities was $8.72 million, down 78.0% from $39.68 million in Q1 2022[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,254,924,410.83, reflecting a growth of 1.47% from the end of the previous year[7]. - Current liabilities rose to ¥2,182,487,575.85 in Q1 2023, up from ¥1,909,610,176.64 in Q1 2022, marking an increase of 14.26%[13]. - The total liabilities increased to ¥2,731,510,272.54 in Q1 2023, compared to ¥2,533,347,763.06 in Q1 2022, reflecting a rise of 7.81%[13]. - The company's equity attributable to shareholders decreased by 7.44% to ¥1,420,855,857.88 compared to the end of the previous year[7]. - The company's equity attributable to shareholders decreased to ¥1,420,855,857.88 in Q1 2023 from ¥1,535,011,653.38 in Q1 2022, a decline of 7.43%[13]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 44,750[10]. - The largest shareholder, Fujian Provincial Building Materials (Holding) Co., Ltd., holds 131,895,707 shares, accounting for 28.78% of total shares[10]. Operational Insights - The main reason for the decline in net profit was the increase in coal costs and a decrease in sales volume compared to the same period last year[8]. - The company received government subsidies amounting to ¥601,594.39, which are closely related to its normal business operations[8]. - The total non-recurring gains and losses amounted to ¥1,580,408.38 after accounting for tax effects and minority interests[8]. - The company has not provided any future outlook or performance guidance in this report[11]. - There are no new products or technologies mentioned in the current report[11]. - No market expansion or acquisition strategies were discussed in the earnings call[11]. - The report does not highlight any significant changes in operational strategies[11]. Inventory and Receivables - Accounts receivable decreased to ¥137,978.00 from ¥46,655,912.30 in the previous period[11]. - Inventory stands at ¥303,179,536.01, slightly down from ¥317,526,201.18 at the end of 2022[11]. - Other receivables increased to ¥33,133,619.05 from ¥25,067,484.90[11]. Cost Analysis - Total operating costs for Q1 2023 were ¥571,813,757.71, down from ¥591,328,396.28 in Q1 2022, reflecting a reduction of 3.67%[15]. - The company reported a significant increase in financial expenses, totaling ¥15,420,096.03 in Q1 2023, compared to ¥11,313,311.80 in Q1 2022, an increase of 36.96%[15].