华茂股份(000850) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥757,104,963.24, a decrease of 7.34% compared to ¥817,117,083.17 in the same period last year[4] - Net profit attributable to shareholders was ¥48,737,962.42, a significant increase of 131.17% from a loss of ¥156,356,744.38 in the previous year[4] - Basic earnings per share improved to ¥0.052 from a loss of ¥0.166, marking a 131.33% increase[4] - Net profit for Q1 2023 reached ¥47,814,192.61, a significant recovery from a net loss of ¥157,061,542.26 in Q1 2022[18] - The total comprehensive income attributable to the parent company was ¥46,160,709.08, a significant improvement from a loss of ¥160,947,897.54 in the previous period[19] Cash Flow - The net cash flow from operating activities reached ¥113,931,140.18, representing a remarkable increase of 1,500.53% compared to ¥7,118,331.00 in Q1 2022[4] - Cash inflow from operating activities totaled ¥1,146,595,406.35, while cash outflow was ¥1,032,664,266.17, resulting in a net cash flow of ¥113,931,140.18[20] - Cash flow from financing activities showed a net inflow of ¥141,921,065.36, a turnaround from a net outflow of ¥239,002,558.36 in the same period last year[20] - The ending balance of cash and cash equivalents was ¥696,396,290.13, compared to ¥459,741,181.32 at the end of the previous period[20] - The company’s cash flow from operating activities was positively impacted by a decrease in tax payments, which were ¥28,624,117.73 compared to ¥57,559,670.30 in the previous year[20] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥7,435,943,521.69, up 1.84% from ¥7,301,435,471.15 at the end of the previous year[4] - Total current assets reached ¥3,085,667,112.56, up from ¥2,875,156,718.77, indicating an increase of 7.3%[13] - Total liabilities increased to ¥2,847,465,485.58 from ¥2,758,457,934.69 year-on-year[15] - The company’s fixed assets decreased slightly to ¥2,155,618,532.20 from ¥2,191,010,110.32 year-on-year[15] - The total equity attributable to shareholders of the parent company was ¥4,485,523,957.95, showing a slight increase from ¥4,485,317,141.36 year-on-year[15] Investment and Income - Investment income surged by 408.02% to ¥36,468,598.60, compared to ¥7,178,531.77 in the previous year, due to significant gains from the disposal of certain financial assets[7] - The company reported an investment income of ¥36,468,598.60, a substantial increase from ¥7,178,531.77 in the previous year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,891[9] - The largest shareholder, Anhui Huamao Group Co., Ltd., holds 46.40% of the shares, totaling 437,860,568 shares[9] Operational Changes - The company is currently in discussions with local governments regarding the integration of mining rights with Jinsha Mining, which may impact future operations[11] - The company is undergoing a restructuring process involving its mining assets, which could lead to significant changes in its operational strategy[11] - The company has initiated a lawsuit to access financial records from Xinjiang Lihua Group, which may affect its financial transparency[10] Inventory and Receivables - Inventory levels rose to ¥686,979,709.01 from ¥624,301,395.21, reflecting an increase of 10.0%[13] - Accounts receivable decreased to ¥333,276,425.93 from ¥376,467,825.97, a decline of 11.5%[13] Research and Development - The company’s R&D expenses for Q1 2023 were ¥25,344,029.27, down from ¥28,110,713.35 in the previous year[16] Operating Costs - Total operating costs for Q1 2023 were ¥780,016,410.61, slightly down from ¥784,341,028.42 year-on-year[16]