中钨高新(000657) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥3,056,863,359.74, representing a year-on-year increase of 0.98% compared to ¥3,027,071,298.15 in the same period last year[26]. - The net profit attributable to shareholders of the listed company decreased by 7.40% to ¥99,730,022.76 from ¥107,700,531.40 in the previous year[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 13.80% to ¥89,506,015.14 from ¥103,840,242.16 year-on-year[26]. - Basic earnings per share decreased by 10.00% to ¥0.09 from ¥0.10 in the previous year[26]. - Diluted earnings per share decreased by 10.00% to CNY 0.09 from CNY 0.10[27]. - Total profit decreased by 15.52% year-on-year, primarily due to rising raw material prices leading to reduced gross margins[29]. - Total comprehensive income attributable to the parent company was ¥98,981,737.33, down from ¥107,957,123.25, a decrease of about 8.99%[42]. Cash Flow - The net cash flow from operating activities was negative at -¥359,199,850.30, compared to -¥205,329,707.51 in the same period last year[26]. - The company reported a decrease in net cash flow from operating activities, primarily due to increased cash outflows for purchasing goods[12]. - The company reported a net increase in cash and cash equivalents of ¥-26,757,511.51, compared to a larger decline of ¥-252,297,138.48 in the previous period[47]. - Cash and cash equivalents at the end of the period decreased to ¥730,875,167.57 from ¥760,632,679.08, a decline of about 3.25%[50]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,248, with China Minmetals Corporation holding 49.87% of the shares[13]. - The company plans to repurchase and cancel 520,600 shares of restricted stock held by three individuals who no longer meet the unlocking conditions due to organizational changes and retirement[17]. Assets and Liabilities - Total assets increased by 7.37% to CNY 12,540,640,255.83 from CNY 11,679,431,669.45[27]. - Total liabilities increased to ¥6,287,538,838.42 from ¥5,557,196,604.53, representing a growth of approximately 13.14%[38]. - Non-current liabilities rose to ¥1,925,964,915.71 from ¥1,595,866,239.97, marking an increase of about 20.68%[38]. - Total equity increased to ¥6,253,101,417.41 from ¥6,122,235,064.92, reflecting a growth of approximately 2.14%[39]. Accounts Receivable and Payable - Accounts receivable increased by 60.3% compared to the beginning of the period due to increased revenue and changes in credit cycles[29]. - Accounts payable rose by 68.72% compared to the beginning of the period due to increased raw material purchases[29]. Expenses - Total operating costs for the current period are ¥2,904,774,503.72, up from ¥2,842,022,196.84 in the previous period, indicating an increase of about 2.3%[55]. - Research and development expenses increased to ¥96,399,475.33 from ¥81,539,682.87, reflecting a rise of approximately 18.2%[55]. - Tax and additional charges amounted to ¥18,911,117.79, slightly up from ¥17,972,951.19, which is an increase of approximately 5.2%[55]. - Financial expenses decreased to ¥15,452,927.36 from ¥21,147,480.86, showing a reduction of about 27.0%[55]. - Sales expenses decreased to ¥106,366,686.63 from ¥108,890,423.52, reflecting a decline of about 2.3%[55]. - Management expenses decreased to ¥137,626,247.36 from ¥155,674,517.58, indicating a reduction of approximately 11.6%[55]. Other Information - There were no other non-recurring gains and losses reported during the period[8]. - The company did not require any retrospective adjustments or restatements of previous years' accounting data[6]. - The first quarter report has not been audited[61].