交建股份(603815) - 2023 Q1 - 季度财报

Major Financial Data Key Accounting Data and Financial Indicators In Q1 2023, the company achieved CNY 904.19 million in operating revenue, a 2.00% year-over-year increase, with net profit attributable to shareholders rising 13.18% to CNY 35.99 million, despite a significant net cash outflow from operating activities of CNY 513 million and a 4.92% decrease in total assets from year-end 2023 Q1 Core Financial Indicators | Indicator | Current Period | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 904,194,926.94 CNY | 2.00% | | Net Profit Attributable to Shareholders | 35,994,285.92 CNY | 13.18% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | 35,959,127.40 CNY | 13.61% | | Basic Earnings Per Share (CNY/share) | 0.06 CNY | 20.00% | | Weighted Average Return on Net Assets | 1.64% | Increased by 0.13 percentage points | - Net cash flow from operating activities was -CNY 512,648,768.48, indicating a net outflow of operating cash flow for the current period, contrasting with the profitability [5] Period-End Key Asset and Liability Indicators | Indicator | Current Period End | Change from Previous Year-End (%) | | :--- | :--- | :--- | | Total Assets | 9,146,720,272.03 CNY | -4.92% | | Owners' Equity Attributable to Shareholders | 2,209,403,363.91 CNY | 1.69% | Non-recurring Gains and Losses and Amounts Non-recurring gains and losses totaled CNY 35,158.52 in the current period, a minor amount with negligible impact on overall net profit, primarily comprising disposal gains/losses on non-current assets, other non-operating income/expenses, and other defined items Non-recurring Gains and Losses Details | Item | Current Period Amount (CNY) | | :--- | :--- | | Disposal gains/losses on non-current assets | -39,601.97 | | Other non-operating income and expenses apart from the above | -172,627.63 | | Other gains and losses defined as non-recurring | 265,081.58 | | Less: Income tax impact | 11,674.67 | | Less: Impact on minority interests (after tax) | 6,018.79 | | Total | 35,158.52 | Shareholder Information Total Common Shareholders, Preferred Shareholders with Restored Voting Rights, and Top Ten Shareholders' Holdings As of the reporting period end, the company had 33,825 common shareholders, with Xiangyuan Holding Group Co., Ltd. as the largest shareholder holding 44.32%, and several top ten shareholders having pledged equity or existing关联关系 or concerted action relationships - As of the reporting period end, the company had 33,825 common shareholders [9] Top Four Shareholders' Holdings and Pledge Status | Shareholder Name | Holding Percentage (%) | Share Status | Pledged Quantity | | :--- | :--- | :--- | :--- | | Xiangyuan Holding Group Co., Ltd. | 44.32 | Pledged | 135,000,000 | | Yu Faxiang | 2.54 | Pledged | 9,740,000 | | Huangshan Weizhong Investment Management Center (Limited Partnership) | 1.40 | Unpledged | - | | Yu Shuixiang | 1.18 | Pledged | 5,830,000 | - Key shareholders have associated relationships: Yu Faxiang and Yu Shuixiang are brothers; Xiangyuan Holding and Yu Faxiang are parties acting in concert; Xiangyuan Holding is the executive partner of Weizhong Investment, Xingyuan Investment, and Qijian Investment [10] Quarterly Financial Statements Consolidated Balance Sheet As of March 31, 2023, the company's total assets were CNY 9.15 billion, a 4.92% decrease from the beginning of the year, and total liabilities were CNY 6.84 billion, a 7.0% decrease, primarily due to reduced monetary funds and accounts payable, resulting in an overall asset-liability ratio of 74.75% Balance Sheet Key Item Changes | Item | March 31, 2023 (CNY) | December 31, 2022 (CNY) | Change Rate (%) | | :--- | :--- | :--- | :--- | | Monetary Funds | 917,484,915.62 | 1,427,949,609.41 | -35.75% | | Accounts Receivable | 3,610,049,615.44 | 3,810,281,141.63 | -5.25% | | Total Assets | 9,146,720,272.03 | 9,620,437,274.35 | -4.92% | | Short-term Borrowings | 594,036,315.95 | 476,673,484.74 | 24.62% | | Accounts Payable | 4,004,496,490.66 | 4,695,802,441.17 | -14.72% | | Total Liabilities | 6,837,156,309.90 | 7,347,979,605.72 | -6.95% | | Total Owners' Equity Attributable to Parent Company | 2,209,403,363.91 | 2,172,629,095.62 | 1.69% | Consolidated Income Statement In Q1 2023, the company's total operating revenue reached CNY 904.19 million, a 2.00% year-over-year increase, while total operating costs decreased by 0.57% to CNY 867.64 million, resulting in a net profit of CNY 36.33 million, up 14.29%, and net profit attributable to parent company shareholders of CNY 35.99 million, up 13.18%, primarily driven by reduced credit impairment losses Income Statement Core Data YoY | Item | 2023 Q1 (CNY) | 2022 Q1 (CNY) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 904,194,926.94 | 886,478,928.50 | 2.00% | | Total Operating Costs | 867,640,199.15 | 872,659,901.96 | -0.57% | | Operating Profit | 49,903,139.15 | 42,808,702.06 | 16.57% | | Total Profit | 49,706,452.34 | 42,834,484.91 | 16.04% | | Net Profit | 36,326,311.13 | 31,784,419.53 | 14.29% | | Net Profit Attributable to Parent Company Shareholders | 35,994,285.92 | 31,801,338.93 | 13.18% | - Current period credit impairment losses were CNY 13,056,908.50, a significant reduction from CNY 28,357,011.56 in the prior year, which was a key factor in the increase in operating profit [15] Consolidated Cash Flow Statement In Q1 2023, the company faced cash flow challenges, with net cash outflow from operating activities expanding to CNY 513 million year-over-year, net cash outflow from investing activities of CNY 62.55 million (compared to a net inflow last year), and net cash inflow from financing activities of CNY 135.79 million, resulting in a net decrease in cash and cash equivalents of CNY 439.40 million Cash Flow Statement Key Items | Item | 2023 Q1 (CNY) | 2022 Q1 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -512,648,768.48 | -453,357,883.71 | | Net Cash Flow from Investing Activities | -62,547,723.41 | 27,515,989.82 | | Net Cash Flow from Financing Activities | 135,792,696.82 | 62,321,142.93 | | Net Increase/Decrease in Cash and Cash Equivalents | -439,403,795.07 | -363,520,750.96 | - Operating cash inflows decreased year-over-year, while outflows remained relatively stable, leading to an expanded net operating cash outflow; cash received from sales of goods and services decreased from CNY 1.51 billion to CNY 1.05 billion, which is the primary reason for the reduced inflow [17][18]