上峰水泥(000672) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,390,291,159.80, a decrease of 7.02% compared to CNY 1,491,221,619.94 in the same period last year[5] - Net profit attributable to shareholders decreased by 49.40% to CNY 172,597,422.10 from CNY 341,074,021.81 year-on-year[5] - The company reported a gross profit margin of 26.35%, indicating a decline in profitability compared to the previous year[9] - Net profit for Q1 2023 was CNY 157,843,024.90, down 53.0% from CNY 335,840,827.91 in Q1 2022[30] - Basic earnings per share for Q1 2023 were CNY 0.18, down from CNY 0.43 in the same period last year[31] Cash Flow - The cash flow from operating activities dropped significantly by 76.94%, amounting to CNY 91,407,946.04 compared to CNY 396,325,655.75 in the previous year[5] - The net cash flow from operating activities decreased by 76.94% year-on-year to ¥91.41 million, primarily due to increased coal procurement prepayments and higher working capital expenditures for newly launched subsidiaries[18] - The net cash flow from investing activities was -¥338.90 million, a 35.34% improvement compared to -¥524.12 million in the same period last year, mainly due to expenditures on construction projects and intangible assets[18] - The net cash flow from financing activities increased significantly to ¥1,086.76 million, compared to -¥161.13 million in the previous year, driven by financing for new project construction[18] - The company’s cash and cash equivalents net increase for the quarter was ¥839,219,767.41, contrasting with a decrease of -¥288,837,784.17 in Q1 2022[34] Assets and Liabilities - The total assets increased by 8.31% to CNY 17,586,137,828.70 from CNY 16,236,185,710.23 at the end of the previous year[5] - The company's total liabilities increased to CNY 8,226,348,907.84, compared to CNY 7,037,715,479.38 at the beginning of the year, reflecting a growth of 16.9%[27] - Long-term borrowings rose significantly to CNY 1,944,704,498.72 from CNY 858,120,498.72, marking an increase of 126.5%[27] - The total equity attributable to shareholders of the parent company was CNY 8,590,959,652.69, up from CNY 8,413,811,634.24, representing a growth of 2.1%[27] Investments - Investment income and fair value changes increased by 54.09% and 67.86% respectively, indicating improved performance in investment activities[17] - The company reported an investment income of CNY 16,327,525.76, an increase from CNY 10,596,218.67 in the previous year[30] - The company’s long-term equity investments amounted to ¥944.81 million, up from ¥898.51 million, showing a growth of 5.14%[25] Shareholder Information - The company reported a total of 54,304 ordinary shareholders at the end of the reporting period[20] - Zhejiang Shangfeng Holding Group Co., Ltd. remains the largest shareholder with a 31.07% stake, holding 301,175,579 shares[20] Operational Developments - The company is advancing new project constructions and has initiated new economic equity investments, with solar power projects gradually coming online[9] - The company plans to continue its development strategy with a focus on stable progress and new economic investments[9]