Haohua Energy(SH:601101)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥2,242,618,658.57, representing a year-on-year increase of 28.61%[10] - The net profit attributable to shareholders for Q1 2023 was ¥429,833,299.67, reflecting a growth of 36.90% compared to the same period last year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥428,540,809.21, up by 35.80% year-on-year[10] - Basic earnings per share for Q1 2023 were ¥0.30, an increase of 15.38% compared to the previous year[10] - The company reported a significant increase in operating profit to RMB 776,392,989.30, up from RMB 590,209,925.78 in the previous year[51] - The total comprehensive income for Q1 2023 reached approximately 646.24 million, up from 469.53 million in Q1 2022, reflecting a growth of 37.7%[52] Cash Flow - The net cash flow from operating activities reached ¥1,241,058,727.37, marking a significant increase of 56.03%[10] - Cash inflows from operating activities in Q1 2023 amounted to approximately 3.27 billion, a significant increase of 40.8% from 2.32 billion in Q1 2022[54] - The net cash flow generated from operating activities for Q1 2023 was approximately 1.24 billion, compared to 795.37 million in Q1 2022, representing a growth of 56.0%[54] - The cash received from sales of goods and services increased by 42.67% due to higher coal sales revenue during the reporting period[39] - The cash outflow for purchasing goods and services in Q1 2023 was approximately 592.54 million, up from 444.64 million in Q1 2022, reflecting a rise of 33.3%[54] - The cash outflow for taxes paid in Q1 2023 was approximately 831.79 million, compared to 616.14 million in Q1 2022, representing an increase of 35.0%[54] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥30,267,684,386.98, a slight increase of 1.55% from the end of the previous year[11] - The equity attributable to shareholders was ¥11,015,827,110.62, which is a 5.31% increase from the previous year[11] - Total liabilities decreased to CNY 15,811,337,285.78 from CNY 16,081,438,249.00, a reduction of 1.68%[21] - Shareholders' equity rose to CNY 14,456,347,101.20, up from CNY 13,723,470,042.73, indicating an increase of 5.34%[21] - The total liabilities amounted to ¥3,006,434,991.41, down from ¥3,520,146,054.10 in the previous period, indicating a reduction of about 15%[57] Investment Activities - Cash inflow from investment activities in Q1 2023 was CNY 175,075,976.66, down from CNY 944,844,917.66 in Q1 2022[31] - The company reported investment income of ¥150,000,000.00 in Q1 2023, a significant drop from ¥904,403,469.62 in Q1 2022, reflecting a decrease of approximately 83%[58] - The cash flow from financing activities resulted in a net outflow of -748,257,542.95 RMB, an improvement from -1,791,833,589.05 RMB in the prior period[68] - The company reported a cash flow outflow related to investment activities of 257,820,561.58 RMB, compared to 512,005,934.52 RMB previously, reflecting a strategic shift in investment[68] Operational Changes - The company disclosed a significant asset transfer agreement with Beijing Jingmei Group for ¥58.0571 million, changing the transfer method from public listing to agreement transfer[16] - Management expenses rose by 47.89% as a result of increased operational costs associated with the trial operation of Hongdunzi Coal Mine[39] - The company plans to expand its market presence and enhance product offerings, focusing on new technologies and strategic acquisitions[40] Other Financial Metrics - The company reported non-operating income and expenses of -¥1,440,759.66, with other non-recurring gains amounting to ¥1,372,053.76[12] - The weighted average return on net assets was 4.00%, an increase of 0.81 percentage points compared to the previous year[10] - The company incurred financial expenses of ¥2,788,518.23 in Q1 2023, up from ¥1,302,488.05 in Q1 2022, representing an increase of approximately 114%[58]