ZMJ(SH:601717)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 9,210,943,721, representing a 13.83% increase compared to CNY 8,091,657,739.95 in the same period last year[4]. - Net profit attributable to shareholders for Q1 2023 was CNY 783,069,945.71, up 14.86% from CNY 681,747,340.35 in Q1 2022[4]. - The net profit after deducting non-recurring gains and losses was CNY 658,875,020.44, reflecting a 15.96% increase from CNY 568,195,700.96 year-over-year[4]. - In Q1 2023, the total revenue increased by 111,958.25 million RMB, a growth of 13.83% compared to the same period last year[10]. - The net profit for Q1 2023 increased by 15,521.49 million RMB, a 21.84% rise year-over-year, largely attributed to the growth in the coal machinery segment[10]. - The net profit attributable to the parent company increased by 10,132.26 million RMB, reflecting a 14.86% increase, driven by the coal machinery segment's performance[10]. - The company recorded a net profit of CNY 86,604.79 million for the total business segments, which is a 21.84% increase compared to CNY 71,083.30 million in Q1 2022[9]. - The net profit for Q1 2023 was approximately ¥866.05 million, an increase of 21.8% compared to ¥710.83 million in Q1 2022[20]. Assets and Liabilities - The company's total assets at the end of Q1 2023 were CNY 46,227,262,763.40, a 4.35% increase from CNY 44,301,175,578.57 at the end of the previous year[5]. - Total assets as of Q1 2023 amounted to ¥46,227,262,763.40, compared to ¥44,301,175,578.57 in Q1 2022, indicating a growth of 4.3%[18]. - Total liabilities increased to ¥26,661,233,784.30 in Q1 2023 from ¥25,662,894,369.86 in Q1 2022, representing a rise of 3.9%[17]. - The company reported a total equity of ¥19,566,028,979.10 in Q1 2023, compared to ¥18,638,281,208.71 in Q1 2022, showing an increase of 5%[18]. - The total equity increased to ¥18,596,389,422.80 in Q1 2023, compared to ¥18,095,415,335.05 in Q1 2022, reflecting a growth of 2.8%[25]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 422,138,838.11, a significant decline compared to a net inflow of CNY 312,070,297.46 in Q1 2022, marking a change of -235.27%[4]. - Cash inflow from operating activities for Q1 2023 was approximately $4.25 billion, a significant increase from $2.14 billion in Q1 2022, representing a growth of 98%[29]. - Net cash flow from operating activities was $258.83 million, compared to $209.01 million in the same period last year, showing an increase of 23.7%[29]. - Cash inflow from financing activities was approximately $1.72 billion, with a net cash flow of $586.07 million, compared to a negative cash flow of -$502.08 million in Q1 2022[29]. - The ending cash and cash equivalents balance increased to approximately $2.29 billion, up from $1.51 billion at the end of Q1 2022, reflecting a growth of 52.1%[30]. Segment Performance - The coal machinery segment reported an operating income of CNY 479,197.31 million, a 20.74% increase from CNY 396,896.55 million in the previous year[9]. - The coal machinery segment's revenue rose by 82,300.76 million RMB, a 20.74% increase year-over-year, driven by sustained demand in the coal industry[10]. - Investment income in Q1 2023 increased by 2,307.36 million RMB, marking an 80.39% growth, primarily due to higher returns from financial products in the coal machinery segment[10]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 33,237, with the top ten shareholders holding a combined 56.67% of the shares[11]. - The largest shareholder, Hongyi Investment Management (Henan) Partnership, holds 277,195,419 shares, representing 15.55% of the total shares[11]. Research and Development - Research and development expenses for Q1 2023 were ¥422,024,480.99, slightly up from ¥408,748,005.74 in Q1 2022, indicating a focus on innovation[19]. - Research and development expenses for Q1 2023 were ¥123,084,269.95, a decrease of 13.4% from ¥142,185,786.73 in Q1 2022[26]. Strategic Moves - The company plans to spin off its subsidiary, Zhengzhou Hengda Intelligent Control Technology Co., Ltd., for a listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board[13].