云铝股份(000807) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥9,442,838,701.91, a decrease of 13.35% compared to ¥10,897,338,941.54 in the same period last year[3] - The net profit attributable to shareholders for Q1 2023 was ¥884,659,246.11, down 21.32% from ¥1,124,308,623.83 in the previous year[3] - The basic earnings per share for Q1 2023 was ¥0.26, representing an 18.75% decline from ¥0.32 in the same period last year[3] - The net cash flow from operating activities was ¥1,417,676,338.64, a decrease of 14.12% compared to ¥1,650,792,352.43 in the previous year[3] - Total operating revenue for Q1 2023 was CNY 9,442,838,701.91, a decrease of 13.3% compared to CNY 10,897,338,941.54 in Q1 2022[27] - Net profit for Q1 2023 was CNY 1,036,635,783.15, representing a decline of 24.8% from CNY 1,377,841,771.26 in Q1 2022[27] - Basic earnings per share for Q1 2023 was CNY 0.26, down from CNY 0.32 in Q1 2022[30] - The company’s total comprehensive income for Q1 2023 was CNY 1,037,274,192.35, a decrease from CNY 1,377,151,152.03 in Q1 2022[30] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥38,595,733,499.15, down 1.19% from ¥39,059,473,292.29 at the end of the previous year[3] - The total liabilities decreased from CNY 13.78 billion to CNY 12.28 billion[25] - The company's non-current assets totaled CNY 30.46 billion, down from CNY 30.81 billion at the beginning of the year[22] - The company's retained earnings increased from CNY 7.53 billion to CNY 8.42 billion[25] Cash and Cash Equivalents - The company experienced a 69.81% decrease in cash and cash equivalents, dropping to ¥374,725,597.11 from ¥1,241,413,170.10, mainly due to lower aluminum prices and reduced operating income[12] - The company's cash and cash equivalents increased to CNY 3.47 billion from CNY 3.04 billion at the beginning of the year[19] - The company’s cash and cash equivalents at the end of Q1 2023 amounted to CNY 3,218,229,450.81, an increase from CNY 2,787,810,937.15 at the end of Q1 2022[34] Accounts Receivable and Payable - The company reported a significant reduction in accounts receivable by 74.10%, from ¥959,656,234.96 to ¥248,532,996.35, mainly due to the collection of receivables[9] - Accounts receivable decreased significantly from CNY 959.66 million to CNY 248.53 million[19] - The company reported a decrease in accounts payable from CNY 4.01 billion to CNY 2.47 billion[25] Expenses - Management expenses decreased by 30.75% to ¥128,885,638.68 from ¥186,122,188.12 in the previous year, attributed to reduced management-related costs[12] - Financial expenses decreased by 58.02% to ¥35,250,107.94 from ¥83,975,788.38, primarily due to a reduction in interest expenses from decreased interest-bearing liabilities[12] - The company reported a decrease in research and development expenses to CNY 5,799,274.59, down 70.0% from CNY 19,989,757.97 in the same period last year[27] Production and Inventory - In Q1 2023, the company's electrolytic aluminum production decreased by approximately 36,900 tons due to power supply management requirements from Yunnan Electric Power[18] - The company's inventory increased slightly from CNY 3.92 billion to CNY 3.94 billion[22] Other Information - The company is recognized as a national environmentally friendly enterprise, focusing on green aluminum production[20] - The accounting policy for government subsidies has changed from the gross method to the net method, impacting management expenses by -1,047,526.16 CNY and other income by -6,169,982.96 CNY for the previous year[38] - The first quarter report for 2023 has not been audited[39] - The company aims to enhance internal management assessment through precise economic business practices[38]