CHALIECO(SH:601068)2023-04-27 16:00Financial Performance - The total operating revenue for Q1 2023 was ¥4,306,083,351.32, a decrease of 10.64% compared to ¥4,818,885,743.53 in the same period last year[13] - The net profit attributable to shareholders of the listed company was ¥3,436,376.36, representing a significant decline of 94.68% from ¥64,570,797.56 in the previous year[13] - The net profit attributable to shareholders of the listed company decreased by 94.68% compared to the same period last year[30] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 117.6% year-on-year, primarily due to high receivable recoveries in the same period last year[30] - The basic earnings per share decreased by 94.00%[30] - Basic earnings per share decreased from 0.02 to 0.0012, a decline of 94%[51] - The total comprehensive income attributable to the parent company was -24,134,406.82, compared to 64,595,952.72 in the previous period[51] Operating Costs and Expenses - The total operating costs for Q1 2023 were ¥4,349,597,435.09, down from ¥4,908,685,848.93 in the same period last year[17] - Research and development expenses increased to ¥141,377,073.58, compared to ¥89,835,025.87 in Q1 2022, reflecting a focus on innovation[17] - The company's financial expenses decreased to ¥58,760,184.84 from ¥76,445,597.61 in the previous year, indicating improved cost management[17] - The company experienced a significant increase in credit impairment losses, which amounted to ¥112,817,288.58, compared to ¥213,567,088.52 in the previous year[17] Cash Flow and Investments - The net cash flow from investing activities was ¥440,853,811.86, a recovery from a negative cash flow of ¥1,599,972,535.16 in the previous year[18] - The company reported a net cash outflow from financing activities of ¥1,806,091,368.74, compared to a net inflow of ¥2,599,142,851.90 in Q1 2022[18] - The net cash flow from operating activities was negative at -1,663,212,209.58 RMB, compared to -1,228,241,988.92 RMB in the previous year[38] Assets and Liabilities - The company’s total assets decreased from ¥6,857,364,048.62 at the beginning of the period to ¥3,820,209,693.79 at the end of the period[18] - The total assets at the end of the reporting period were 4,368,769.62 million RMB, a decrease of 7.81% from the end of the previous year[41] - Total current assets decreased from 38,182,279,621.95 to 34,653,533,348.17, a decline of approximately 13.9%[48] - Total assets decreased from 47,391,288,591.87 to 43,687,696,202.24, a decline of about 7.4%[49] - Total liabilities decreased from 36,936,231,329.10 to 33,205,130,202.80, a reduction of approximately 10.0%[49] - The company's total equity increased from 10,455,057,262.77 to 10,482,565,999.44, an increase of about 0.3%[49] Shareholder Information - Total number of common shareholders at the end of the reporting period was 52,863[45] - The largest shareholder, China Aluminum Group Co., Ltd., holds 2,176,758,534 shares, representing 73.56% of total shares[45] Government Support and Tax Impacts - The company received government subsidies amounting to 232.58 million RMB, which were closely related to its normal business operations[28] - The company reported a loss of 170.99 million RMB due to income tax impacts[28] Future Outlook - The company plans to continue optimizing its production and operations in the upcoming quarters[30] - The company has fully recovered the third tranche of equity transfer payments and related funds from Yuyuan Company[32]