MCC(SH:601618)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was RMB 144,452,637, representing a year-on-year increase of 22.39%[4] - The net profit attributable to shareholders for Q1 2023 was RMB 3,371,860, reflecting a growth of 25.77% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 3,284,546, with a year-on-year increase of 27.23%[4] - The basic earnings per share for Q1 2023 was RMB 0.15, which is a 25.00% increase from the previous year[4] - The company reported a significant increase in short-term borrowings, which rose to RMB 39.853 billion from RMB 20.193 billion year-on-year[13] - The company recorded a total comprehensive income of ¥4,309,121 for Q1 2023, compared to ¥3,812,326 in Q1 2022, representing a growth of 13.0%[15] - The company's total operating costs for Q1 2023 were ¥138,012,335, a rise of 22.9% from ¥112,295,501 in Q1 2022[14] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to RMB 636,185,289, marking an 8.68% increase from the end of the previous year[5] - The total new contracts signed in Q1 2023 amounted to RMB 325.809 billion, representing a year-on-year increase of 2.10%[10] - Total liabilities increased to RMB 459.482 billion from RMB 423.475 billion year-on-year[13] - The total liabilities decreased to CNY 68,642,663 as of March 31, 2023, from CNY 78,438,680 as of December 31, 2022, a reduction of approximately 12.3%[19] - The company’s equity increased to CNY 113,951,634 as of March 31, 2023, compared to CNY 95,857,642 as of December 31, 2022, reflecting a growth of about 19%[19] Cash Flow - The net cash flow from operating activities for Q1 2023 was negative at RMB -21,557,680, which is not applicable for year-on-year comparison[4] - The company reported a net cash outflow from operating activities of ¥21,557,680, worsening from a net outflow of ¥14,542,276 in Q1 2022[16] - The company's cash and cash equivalents were RMB 45,485,413 thousand, indicating strong liquidity position[23] - Cash and cash equivalents at the end of Q1 2023 totaled ¥46,420,975, an increase from ¥44,707,413 at the end of Q1 2022[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 367,563[7] - The largest shareholder, China Metallurgical Group Corporation, held 49.18% of the shares, totaling 10,190,955,300 shares[8] - The total equity attributable to shareholders at the end of Q1 2023 was RMB 142,216,407, showing a growth of 17.43% compared to the end of the previous year[5] Research and Development - Research and development expenses increased to ¥2,814,669, compared to ¥2,627,098 in the same period last year, reflecting a growth of 7.1%[14] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]