西部矿业(601168) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 11,573,875,801, representing a 31.02% increase compared to RMB 8,694,169,745 in the same period last year[4] - Net profit attributable to shareholders was RMB 679,946,535, a decrease of 10.00% from RMB 750,706,721 in the previous year[4] - The basic earnings per share for Q1 2023 was RMB 0.29, a decrease of 9.38% from RMB 0.32 in the same period last year[4] - Net profit for Q1 2023 was CNY 1,019,339,004, compared to CNY 1,150,744,053 in Q1 2022, reflecting a decrease of 11.4%[18] - The company reported a total comprehensive income of CNY 1,018,699,155 for Q1 2023, down from CNY 1,150,916,574 in Q1 2022[19] Cash Flow and Liquidity - The net cash flow from operating activities was RMB 26,088,385, down 98.97% from RMB 2,517,402,282 in the same period last year[4] - Cash flow from operating activities generated CNY 26,088,385, a significant decrease from CNY 2,543,923,368 in Q1 2022[21] - As of March 31, 2023, the company's cash and cash equivalents increased to ¥7,360,160,742 from ¥6,527,422,347 in the previous year, representing a growth of approximately 12.7%[14] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 6,062,870,744, up from CNY 4,320,885,558 at the end of Q1 2022[22] Assets and Liabilities - The total assets at the end of the reporting period were RMB 53,254,369,504, a slight decrease of 0.53% from RMB 52,816,666,931 at the end of the previous year[5] - The company's total liabilities decreased to ¥32,551,810,449 from ¥32,883,999,277, indicating a reduction of approximately 1%[15] - The company's inventory decreased to ¥3,039,549,029 from ¥3,523,704,540, showing a decline of about 13.7%[14] - The company's short-term borrowings decreased to ¥6,451,143,713 from ¥6,487,386,586, reflecting a reduction of about 0.6%[15] Equity and Investments - The equity attributable to shareholders increased by 3.82% to RMB 16,839,557,929 from RMB 16,144,457,219 at the end of the previous year[5] - The company recognized an increase in retained earnings to ¥7,825,777,287 from ¥7,145,830,752, marking an increase of approximately 9.5%[16] - The company completed a capital increase of ¥150,000,000 in its subsidiary, Qinghai Xiyu Nonferrous Metals Co., increasing its ownership from 92.57% to 98.42%[13] - The company transferred a 27% stake in Qinghai Dongtaijinaier Lithium Resources Co., Ltd. for ¥351,948,072, aimed at improving its capital structure[13] Operating Costs and Expenses - Total operating costs for Q1 2023 were CNY 10,360,103,502, an increase of 38.4% from CNY 7,504,009,488 in Q1 2022[18] - Research and development expenses increased to CNY 95,002,231, up 20.8% from CNY 78,612,299 in the same period last year[18] Other Financial Metrics - The weighted average return on equity was 4.11%, down 1.38 percentage points from 5.49% in the previous year[4] - Non-recurring gains and losses totaled RMB 9,186,087 for the reporting period[7] - The company incurred a loss of CNY 41,419,093 from investments in associates and joint ventures, an improvement from a loss of CNY 49,819,276 in the previous year[18]