怡球资源(601388) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,752,227,342.45, representing a decrease of 10.77% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 73,985,610.78, down 50.46% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 69,825,071.00, a decline of 51.75% compared to the previous year[5]. - Basic earnings per share decreased by 50.44% to CNY 0.0336[6]. - In Q1 2023, the company's net profit was CNY 73,992,794.51, a decrease of 50.5% compared to CNY 149,346,007.90 in Q1 2022[19]. - Operating profit for Q1 2023 was CNY 94,571,173.01, down 50.5% from CNY 191,108,102.18 in the same period last year[19]. - The total comprehensive income for Q1 2023 was CNY 31,954,434.92, a decrease from CNY 108,880,804.23 in Q1 2022[20]. Cash Flow - The net cash flow from operating activities was CNY 1,961,645.78, a significant drop of 99.58% year-on-year[5]. - The company reported a net cash flow from operating activities of CNY 1,961,645.78, significantly lower than CNY 466,787,300.20 in Q1 2022[23]. - The company reported a net cash flow from investing activities of CNY 10,824,719.61, recovering from a negative cash flow of CNY 40,314,867.77 in Q1 2022[24]. - Cash and cash equivalents at the end of Q1 2023 totaled CNY 1,030,956,229.37, down from CNY 1,111,095,332.52 at the end of Q1 2022[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,815,644,418.92, an increase of 3.15% from the end of the previous year[6]. - Total assets as of Q1 2023 amounted to ¥5,815,644,418.92, an increase from ¥5,638,062,456.30 in the previous year[14]. - Total liabilities for Q1 2023 were ¥1,555,288,045.02, compared to ¥1,410,039,008.37 in Q1 2022, indicating a rise of 10.3%[14]. - Current assets totaled ¥3,748,646,681.18 in Q1 2023, up from ¥3,539,358,973.55 in Q1 2022[14]. - Non-current assets decreased slightly to ¥2,066,997,737.74 from ¥2,098,703,482.75 year-over-year[14]. - The company's equity attributable to shareholders increased to ¥4,260,360,887.40 from ¥4,228,035,145.16 in the previous year[15]. - Short-term borrowings rose to ¥733,478,900.15 in Q1 2023, compared to ¥533,959,208.90 in Q1 2022, marking a significant increase of 37.3%[14]. Operational Performance - The decline in profit was primarily due to a decrease in production and sales volume, as well as fluctuations in aluminum alloy ingot prices[7]. - The company’s cash flow issues were attributed to increased raw material purchases[7]. - Total operating costs for Q1 2023 were ¥1,647,163,188.96, down 6.7% from ¥1,766,890,519.50 in Q1 2022[18]. - Operating income for Q1 2023 was ¥1,560,368,038.01, reflecting a decline from the previous year's figure[18]. - The company reported a net profit margin decline due to increased operational costs and reduced revenue[18]. Research and Development - Research and development expenses for Q1 2023 were CNY 1,040,819.50, slightly lower than CNY 1,099,760.42 in Q1 2022[19]. Financial Expenses - The company incurred financial expenses of CNY 5,720,732.86 in Q1 2023, compared to CNY 1,809,224.91 in Q1 2022, indicating a significant increase[19].