中材国际(600970) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 1,001,351.53 million, representing a 0.63% increase compared to RMB 995,043.77 million in the same period last year[4] - Net profit attributable to shareholders was RMB 61,737.61 million, up 5.52% from RMB 58,508.98 million in the previous year[4] - The net profit excluding non-recurring gains and losses was RMB 58,188.35 million, reflecting a significant increase of 26.76% from RMB 45,905.61 million year-on-year[5] - The company reported a total comprehensive income of CNY 670,291,554.43 for Q1 2023, compared to CNY 654,935,392.78 in Q1 2022, indicating an increase of around 2.34%[18] - The total profit for Q1 2023 was CNY 790,064,630.61, a marginal increase from CNY 788,638,658.47 in Q1 2022, showing a growth of approximately 0.05%[17] - The company's net profit for Q1 2023 was ¥47,958,886.64, compared to ¥34,876,707.16 in Q1 2022, representing a year-over-year increase of 37.5%[25] Cash Flow - The company's cash flow from operating activities was negative at RMB -199,124.09 million, an improvement from RMB -218,398.09 million in the same period last year[5] - Cash flow from operating activities showed a net outflow of CNY -1,991,240,893.66 in Q1 2023, slightly worse than the outflow of CNY -1,990,604,715.50 in Q1 2022[20] - The company's investment activities resulted in a net cash outflow of CNY -11,202,193.15 in Q1 2023, compared to CNY -190,836,028.15 in Q1 2022, indicating an improvement in cash flow management[20] - Cash inflow from investment activities was CNY 42,616,063.16, while cash outflow was CNY 587,598,116.12, resulting in a net cash outflow of CNY -544,982,052.96[29] - Cash flow from financing activities generated a net inflow of CNY 550,804,801.77, compared to CNY 769,132,463.13 in Q1 2022[29] Assets and Liabilities - Total assets at the end of the reporting period were RMB 5,010,900.72 million, a 0.11% increase from RMB 5,005,438.72 million at the end of the previous year[5] - Current assets totaled ¥35,847,241,778.37 as of March 31, 2023, slightly down from ¥35,854,597,381.09 at the end of 2022[13] - Total assets amounted to ¥50,109,007,177.93, up from ¥50,054,387,160.02 at the end of 2022[15] - Total liabilities decreased to ¥31,124,036,187.89 from ¥31,197,827,921.51, reflecting a reduction of about 0.23%[15] - The total liabilities decreased to ¥12,011,473,993.90 from ¥12,434,775,571.28 year-over-year[24] - Total liabilities reached ¥31,197,827,921.51, down from ¥31,209,549,184.53, indicating a decrease of ¥11,721,263.02[32] Shareholders' Equity - The equity attributable to shareholders increased to RMB 1,754,433.46 million, up 0.67% from RMB 1,742,757.82 million at the end of the previous year[5] - Shareholders' equity increased to ¥18,984,970,990.04 from ¥18,856,559,238.51, indicating a growth of approximately 0.68%[15] - The total owner's equity as of March 31, 2023, was ¥9,763,140,362.30, compared to ¥7,381,380,979.37 at the end of 2022, indicating a significant growth[24] - The total equity attributable to shareholders was ¥17,427,578,168.78, slightly down from ¥17,428,402,904.14, a decrease of ¥824,735.36[32] Expenses - Total operating costs for Q1 2023 were ¥9,292,920,354.91, compared to ¥9,193,322,180.93 in Q1 2022, indicating an increase of about 1.08%[16] - Research and development expenses increased to CNY 321,206,984.08 in Q1 2023, compared to CNY 309,707,947.43 in Q1 2022, marking a rise of approximately 3.7%[17] - The company's R&D expenses for Q1 2023 were ¥39,296,781.89, up from ¥32,089,283.35 in Q1 2022, reflecting a 22.6% increase[25] - The company's sales expenses increased to CNY 136,241,053.64 in Q1 2023, compared to CNY 104,699,181.92 in Q1 2022, representing a rise of approximately 30.1%[17] Shareholder Information - The company reported a total of 41,781 common shareholders at the end of the reporting period[9] - Earnings per share remained stable at CNY 0.23 for both Q1 2023 and Q1 2022[18]