2020-04-28 16:00Financial Performance - Operating revenue rose by 24.52% to CNY 36.16 billion year-on-year[4] - Net profit attributable to shareholders increased by 18.93% to CNY 1.04 billion[4] - Basic earnings per share increased by 7.89% to CNY 0.041[4] - The net profit attributable to shareholders reached 1.040 billion yuan, up 18.93% from 0.874 billion yuan in Q1 2019[9] - Operating profit for Q1 2020 was CNY 1,878,643,296, compared to CNY 1,497,254,443 in Q1 2019, indicating a growth of 25.5%[31] - Net profit for Q1 2020 was CNY 1,809,870,169, an increase from CNY 1,430,265,783 in Q1 2019, representing a growth of 26.5%[31] - The company reported a significant increase in investment income to 772,924,375 CNY from 333,166,277 CNY in Q1 2019[33] Cash Flow - Net cash flow from operating activities surged by 81.02% to CNY 2.33 billion[4] - Operating cash flow increased by 81.02% to 2.326 billion yuan from 1.285 billion yuan in the previous year[9] - Cash inflow from operating activities was 37,945,797,834 CNY, up from 30,697,087,270 CNY in the previous year[35] - Net cash flow from operating activities was CNY 1,273,263,527, significantly higher than CNY 476,309,995 in the same period last year, indicating a growth of about 167%[38] - Cash inflow from financing activities amounted to CNY 3,051,315,500, down from CNY 3,370,279,441 in Q1 2019, indicating a decrease of about 9.5%[39] - Net cash flow from financing activities was CNY 1,234,907,149, recovering from a negative cash flow of CNY 1,275,626,555 in the previous year[39] Assets and Liabilities - Total assets increased by 12.80% to CNY 139.68 billion compared to the end of the previous year[4] - Total liabilities amounted to ¥81.10 billion, up from ¥66.75 billion, which is an increase of approximately 21.5%[28] - Long-term payables increased by 104.09% to ¥2,451,950,559, primarily due to newly acquired companies[17][18] - Deferred tax liabilities rose by 86.49% to ¥5,012,602,458, also related to new acquisitions[17][18] - Total current assets amounted to CNY 13,334,815,160, down from CNY 13,801,433,844, a decrease of 3.4%[30] Production and Resources - The production of mineral gold was 10.55 tons, an increase of 8.82% year-on-year, while copper production reached 114.9 thousand tons, up 36.55% year-on-year[9] - The company completed the acquisition of the Buriticá gold mine in Colombia, adding 243 tons of high-grade gold resources, bringing total gold resources to 2,130 tons[9] - The company anticipates maintaining gold production levels in 2020 despite the suspension of operations at the Porgera mine[24] Shareholder Information - The number of shareholders at the end of the reporting period was 656,754[6] - The largest shareholder, Minxi Xinghang State-owned Assets Investment Management Co., Ltd., holds 23.97% of shares[6] Expenses - Sales expenses decreased by 49.75% to 152.47 million yuan from 303.41 million yuan in the same period last year[14] - Financial expenses decreased by 26.25% to 405.46 million yuan from 549.80 million yuan in Q1 2019, mainly due to exchange gains compared to losses in the previous year[16] - Research and development expenses for Q1 2020 were CNY 112,917,998, significantly higher than CNY 51,920,413 in Q1 2019, indicating a growth of 117.5%[31] Comprehensive Income - The total comprehensive income for Q1 2020 was 793,236,573 CNY, compared to 355,335,931 CNY in Q1 2019, indicating significant growth[34] - The company reported a decrease in other comprehensive income, with a loss of ¥3.02 billion compared to a loss of ¥473.93 million in the previous year[28]