JINHUIINC.(SH:603132)2023-04-26 16:00Financial Performance - Total operating revenue for Q1 2023 was ¥205,134,196.19, a decrease of 26.9% compared to ¥280,679,861.10 in Q1 2022[1] - Net profit for Q1 2023 was ¥41,132,736.12, down 63.2% from ¥111,642,920.34 in Q1 2022[4] - Basic earnings per share for Q1 2023 decreased to ¥0.04 from ¥0.12 in Q1 2022, a decline of 66.7%[5] - Operating revenue for Q1 2023 was CNY 205,134,196.19, a decrease of 26.92% year-over-year[27] - Net profit attributable to shareholders decreased by 63.08% to CNY 41,223,122.94 in Q1 2023[27] - Basic and diluted earnings per share were both CNY 0.04, down 66.67% from the previous year[27] Operating Costs and Expenses - Total operating costs increased to ¥159,227,688.37 in Q1 2023 from ¥155,370,330.02 in Q1 2022, representing a rise of 1.1%[1] - The company incurred interest expenses of ¥15,431,478.73 in Q1 2023, down from ¥24,727,714.01 in Q1 2022, a decrease of 37.5%[4] - Research and development expenses decreased to ¥5,553,470.11 from ¥8,568,710.50, reflecting a 35.5% reduction[38] Cash Flow and Liquidity - Cash flow from operating activities for Q1 2023 was ¥145,465,399.39, an increase of 5.5% compared to ¥137,947,837.19 in Q1 2022[8] - Cash and cash equivalents at the end of Q1 2023 totaled ¥777,512,642.79, down from ¥904,303,851.64 at the end of Q1 2022[11] - The net cash flow from operating activities was CNY 145,465,399.39, reflecting a 5.45% increase compared to the same period last year[27] - Cash and cash equivalents at the end of the period were CNY 767,170,170.75, down from CNY 896,536,528.83 at the end of the previous year[23] - Cash and cash equivalents increased to ¥780,148,842.79 from ¥415,281,684.76, indicating a strong liquidity position[46] Assets and Liabilities - The company's total assets increased by 7.11% to CNY 5,404,099,996.23 compared to the end of the previous year[29] - Total current assets increased to ¥833,748,031.49 as of March 31, 2023, from ¥523,381,085.27 as of December 31, 2022[13] - Long-term equity investments rose to ¥348,003,768.07 as of March 31, 2023, compared to ¥288,051,602.07 as of December 31, 2022[13] - The total liabilities increased to CNY 2,252,286,632.13, up from CNY 1,941,392,129.69 at the end of the previous year[29] - The company's equity attributable to shareholders rose to CNY 3,183,039,185.61, a 1.33% increase from the previous year[29] - Total liabilities rose to ¥2,199,258,630.05, compared to ¥1,882,262,878.00 in the previous year[37] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,669[57] - Gansu Yate Investment Group Co., Ltd. holds 495,000,000 shares, accounting for 50.61% of total shares[57] - Zhongming International Holdings Group Co., Ltd. holds 200,000,000 shares, representing 20.45% of total shares[57] - Gansu Green Mineral Investment Development Fund (Limited Partnership) holds 61,600,000 shares, which is 6.30% of total shares[57] - The first phase employee stock ownership plan of Jinhui Mining Co., Ltd. holds 16,480,162 shares, accounting for 1.69% of total shares[57] - The top ten shareholders include both domestic and foreign entities, with significant share pledges noted[57] Production and Sales - The company reported a significant decline in zinc concentrate production, down 31.44% to 9,413.57 tons from 13,729.53 tons in Q1 2022[45] - The sales volume of zinc concentrate also fell by 18.39% to 9,816.99 tons compared to 12,028.84 tons in the same period last year[45] Strategic Outlook - The report indicates that there are no new strategies or product developments mentioned in the current financial report[59] - The company has not disclosed any future outlook or performance guidance in the current report[59] - The report does not provide specific user data or market expansion plans[59] - There is no mention of mergers or acquisitions in the current financial report[59]