Financial Performance - The company's operating revenue for Q1 2023 was ¥3,156,906,244.21, a decrease of 2.23% compared to the same period last year[6] - The net profit attributable to shareholders was ¥958,239,752.00, reflecting a decline of 25.95% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥945,549,270.13, an increase of 557.56% compared to the previous year[6] - Total operating revenue for the first quarter was approximately ¥3.16 billion, a decrease of 2.24% compared to the previous year's ¥3.23 billion[32] - Net profit for the first quarter was approximately ¥960.83 million, down 26.14% from ¥1.30 billion in the previous year[34] - The total comprehensive income for the first quarter of 2023 was approximately CNY 960.83 million, a decrease of 26.1% compared to CNY 1,299.95 million in the same period last year[37] - Basic earnings per share for the first quarter were CNY 0.2078, down 26% from CNY 0.2806 in the previous year[37] Cash Flow and Investments - The net cash flow from operating activities was ¥462,395,561.24, down 52.34% from the previous year[6] - Net cash flow from operating activities was CNY 462.40 million, a decline of 52.3% compared to CNY 970.17 million in the same period last year[39] - Cash inflow from operating activities totaled CNY 2.98 billion, down 21.2% from CNY 3.78 billion year-over-year[39] - Cash outflow from investing activities was CNY 684.54 million, compared to CNY 420.22 million in the previous year, indicating an increase in investment spending[41] - Net cash flow from financing activities was negative CNY 152.42 million, a significant decrease from a positive CNY 14.42 million in the same period last year[41] - The company reported a decrease in cash received from sales of goods and services, totaling CNY 2.96 billion, compared to CNY 3.76 billion in the previous year[39] Assets and Liabilities - The total assets at the end of the reporting period were ¥27,410,517,732.03, an increase of 0.85% compared to the end of the previous year[6] - The company's total assets amounted to approximately ¥27.41 billion, an increase from ¥27.18 billion year-over-year[31] - Total liabilities decreased to approximately ¥12.95 billion from ¥13.86 billion in the previous year[31] - The equity attributable to shareholders was ¥14,025,257,198.16, up 8.77% from the end of the previous year[6] - The company's equity attributable to shareholders increased to approximately ¥14.03 billion, up from ¥12.89 billion year-over-year[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 68,929[15] - The largest shareholder, Gansu Energy Chemical Investment Group, holds 35.19% of shares, totaling 1,622,773,440 shares[15] - The second largest shareholder, Jingyuan Coal Industry Group, holds 23.02% of shares, totaling 1,061,505,580 shares[16] Research and Development - Research and development expenses decreased by 49.74% year-on-year, totaling ¥19,333,789.14[11] - Research and development expenses for the quarter were approximately ¥19.33 million, a decrease of 49.73% compared to ¥38.47 million last year[32] Changes and Developments - The company completed a major asset restructuring, acquiring 100% equity of Yaok Coal Group, with 2,103,190,538 shares issued on February 9, 2023[18] - The company changed its name to Gansu Energy Chemical Co., Ltd. effective April 18, 2023, reflecting changes in business and ownership structure[24] - The company has not disclosed any new product developments or market expansion strategies in the current report[27] - The company anticipates continued focus on market expansion and new product development in the upcoming quarters[30] Cash and Inventory - The company reported cash and cash equivalents of ¥7,114,697,707.32 at the end of the period, down from ¥7,567,843,903.62 at the beginning of the year, a decrease of approximately 6%[25] - Accounts receivable increased to ¥929,497,941.40 from ¥743,335,381.45, representing an increase of about 25%[25] - Inventory increased to ¥821,230,861.77 from ¥538,807,384.29, reflecting a growth of approximately 52%[25] - The company has a total of 11,429,835,913.51 in current assets, an increase from 11,094,438,144.12 at the beginning of the year[25]
甘肃能化(000552) - 2023 Q1 - 季度财报