HYMD(600971)2023-04-20 16:00Financial Performance - The company's operating revenue for the current period is ¥2,237,634,381.20, a decrease of 5.08% compared to ¥2,354,127,904.20 in the same period last year[2] - Net profit attributable to shareholders of the listed company increased by 57.9% to ¥608,118,974.62 from ¥384,926,983.13 in the previous year[2] - Basic and diluted earnings per share rose to ¥0.5068, reflecting a 57.9% increase from ¥0.3208 in the previous year[11] - Total operating revenue for Q1 2023 was CNY 2,237,634,381.20, a decrease of 5.09% compared to CNY 2,357,274,693.22 in Q1 2022[33] - Net profit for Q1 2023 reached CNY 610,777,366.55, representing an increase of 58.66% from CNY 385,098,964.85 in Q1 2022[35] - Total profit for Q1 2023 was CNY 721,049,132.43, compared to CNY 466,434,895.99 in Q1 2022, marking a growth of 54.41%[35] - Earnings per share for Q1 2023 was CNY 0.5068, up from CNY 0.3209 in Q1 2022, reflecting a growth of 57.93%[35] Cash Flow - The net cash flow from operating activities reached ¥1,092,937,279.13, a significant increase of 194.48% compared to ¥374,470,760.12 in the same period last year[11] - Cash flow from operating activities generated a net amount of CNY 1,092,937,279.13, significantly higher than CNY 371,146,850.70 in Q1 2022[38] - The cash outflow for investment activities totaled CNY 1,627,658,789, compared to CNY 219,162,362 in the previous period, indicating a significant increase in investment activity[39] - The net cash flow from investment activities was -CNY 1,618,153,536.68, a decrease from -CNY 148,875,477.18 in the prior period, reflecting a higher level of cash used for investments[39] - Cash inflow from financing activities amounted to CNY 471,370,000, down from CNY 1,040,000,000 in the previous period, showing a reduction in financing received[39] - The net cash flow from financing activities was -CNY 315,703,358.78, contrasting with a positive net cash flow of CNY 286,358,908.61 in the previous period, highlighting a shift in financing dynamics[39] - The net increase in cash and cash equivalents was -CNY 840,919,616.33, compared to a positive increase of CNY 508,630,282.13 in the prior period, indicating a decline in liquidity[39] - The ending balance of cash and cash equivalents was CNY 6,536,059,131.95, down from CNY 6,729,571,537.60 in the previous period, reflecting a decrease in available cash[39] Assets and Liabilities - The total assets at the end of the reporting period were ¥20,841,126,485.84, a decrease of 4.88% from ¥21,910,981,159.62 at the end of the previous year[11] - The total liabilities as of March 31, 2023, were ¥8,343,835,099.97, down from ¥8,703,340,362.00, indicating a reduction of approximately 4.1%[29] - The company's total assets decreased to ¥20,841,126,485.84 from ¥21,910,981,159.62, reflecting a decline of about 4.9%[29] - The equity attributable to shareholders of the listed company decreased by 5.43% to ¥12,406,320,061.75 from ¥13,119,332,556.74 at the end of the previous year[11] - The total owner's equity decreased to ¥12,497,291,385.87 from ¥13,207,640,797.62, a decline of about 5.4%[29] - As of March 31, 2023, the total current assets amounted to ¥10,209,210,294.35, a decrease of approximately 9.5% from ¥11,281,845,512.37 on December 31, 2022[24] - The cash and cash equivalents decreased to ¥6,650,179,927.95 from ¥7,480,851,666.32, representing a decline of about 11.1%[24] - The accounts receivable decreased slightly to ¥126,859,503.08 from ¥133,722,798.09, a reduction of approximately 5.2%[24] - The inventory decreased to ¥339,137,597.08 from ¥476,693,067.58, indicating a significant decline of about 29.0%[24] - The short-term borrowings decreased to ¥882,073,078.70 from ¥1,163,253,361.11, a reduction of approximately 24.2%[29] - The long-term equity investments increased to ¥1,115,357,567.09 from ¥1,060,952,837.65, showing an increase of approximately 5.1%[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,167, with the largest shareholder holding 54.9% of the shares[16] - The company acquired control of Anhui Hengda Ecological Environment Construction Engineering Co., Ltd., which was included in the consolidated financial statements[4] Other Financial Information - Non-operating income included government subsidies amounting to ¥1,178,879.93, which are closely related to the company's normal business operations[5] - The company reported a significant cash outflow for the acquisition of subsidiaries and other business units, totaling CNY 1,305,776,576.11, which was not present in the previous period[39] - The company did not report any cash inflows from minority shareholders' investments during the current period[39] - The company confirmed that the financial information in the quarterly report is accurate and complete, with no significant omissions or misleading statements[43] - Research and development expenses increased to CNY 65,760,901.46, up 89.81% from CNY 34,658,225.08 in the previous year[33] - The company reported a decrease in sales expenses to CNY 14,815,354.77, slightly up from CNY 14,790,735.58 in the same quarter last year[33] - Management expenses decreased to CNY 203,500,827.66, down 24.56% from CNY 269,785,964.77 in Q1 2022[33] - Other income for Q1 2023 was CNY 1,178,045.03, compared to CNY 1,050,846.60 in Q1 2022, indicating a growth of 12.09%[33] - Total operating costs decreased to CNY 1,553,714,999.28, down 18.54% from CNY 1,908,109,399.29 in the same period last year[33]