河钢股份(000709) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥31,851,309,332.44, representing a 2.41% increase compared to ¥31,102,554,707.79 in the same period last year[4] - Net profit attributable to shareholders decreased by 18.25% to ¥254,827,069.73 from ¥311,700,272.58 year-on-year[4] - The net profit after deducting non-recurring gains and losses fell by 50.64% to ¥152,600,450.03 compared to ¥309,156,999.92 in the previous year[4] - The net profit for Q1 2023 was CNY 298,022,212.36, a decrease of 18.4% compared to CNY 365,128,092.68 in Q1 2022[14] - Operating profit for Q1 2023 was CNY 222,294,455.39, down 53.8% from CNY 481,516,941.01 in Q1 2022[14] - The company reported a total comprehensive income of CNY 290,451,514.00 for Q1 2023, down from CNY 390,041,007.09 in Q1 2022[15] - Basic earnings per share for Q1 2023 were CNY 0.02, compared to CNY 0.03 in the previous year[15] Cash Flow and Assets - The net cash flow from operating activities increased by 7.50% to ¥3,103,135,686.04 from ¥2,886,684,112.79 year-on-year[4] - Cash received from investment activities decreased by 349.36% year-on-year, mainly due to compensation received in the previous year for relocation[7] - The company's cash and cash equivalents at the end of Q1 2023 amounted to CNY 36.81 billion, compared to CNY 34.48 billion at the beginning of the year, reflecting a growth of approximately 6.7%[11] - The total assets at the end of the reporting period were ¥254,514,059,648.75, a 0.47% increase from ¥253,231,025,319.37 at the end of the previous year[4] - The total assets of the company as of the end of Q1 2023 were CNY 254.51 billion, slightly up from CNY 253.23 billion at the beginning of the year[12] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 21,880,714,563.40, down from CNY 27,501,592,408.99 at the end of Q1 2022[17] - The company’s total assets decreased from CNY 27,501,592,408.99 at the end of Q1 2022 to CNY 21,880,714,563.40 at the end of Q1 2023[17] Liabilities and Borrowings - Long-term borrowings increased by 46.64% year-on-year, attributed to the renewal of borrowings due within one year[7] - Long-term borrowings rose significantly to CNY 25.95 billion from CNY 17.70 billion, marking an increase of approximately 46.5%[13] - The total liabilities increased to CNY 187.62 billion from CNY 186.77 billion, reflecting a rise of about 0.5%[13] - The company raised CNY 41,407,946,850.08 through borrowings in Q1 2023, compared to CNY 34,784,289,378.00 in Q1 2022[17] Research and Development - Research and development expenses increased by 29.34% year-on-year, indicating a focus on enhancing product quality and optimizing product structure[7] - Research and development expenses increased to CNY 618,146,759.38, up 29.4% from CNY 477,936,468.54 in the previous year[14] Operational Metrics - The total operating costs for Q1 2023 were CNY 31.79 billion, up from CNY 30.77 billion year-on-year, indicating an increase of about 3.3%[13] - Total revenue from operating activities was CNY 31,334,668,732.66, slightly up from CNY 31,181,530,763.25 in the same period last year[16] - Accounts receivable increased to CNY 2.36 billion from CNY 2.31 billion, showing a rise of about 2.5%[11] - Inventory decreased to CNY 20.77 billion from CNY 22.12 billion, indicating a reduction of approximately 6.1%[12] Future Outlook - The company plans to continue its market expansion and product development strategies in the upcoming quarters[12] Non-Operating Income - The company reported a significant increase of 3116.66% in non-operating income, primarily due to penalties received from Tangshan Steel Construction Development Co., Ltd.[7]