银星能源(000862) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 303,609,265.81, representing a 6.91% increase compared to CNY 283,978,606.10 in the same period last year[5]. - Net profit attributable to shareholders increased by 108.81% to CNY 53,034,642.96 from CNY 25,398,330.53 year-on-year[5]. - The company reported a profit margin increase, with total profit rising by 103.57% to CNY 63,593,918.14 compared to CNY 31,240,061.46 in the same quarter last year[9]. - The net profit for Q1 2023 was CNY 55,447,448.41, a significant increase of 95.5% compared to CNY 28,407,861.73 in Q1 2022[22]. - The total comprehensive income for Q1 2023 was CNY 55,447,448.41, up 95.5% from CNY 28,407,861.73 in Q1 2022[23]. - The operating profit for the quarter was CNY 62,422,125.44, an increase of 99.5% from CNY 31,305,261.53 in Q1 2022[22]. - The company recorded a profit before tax of CNY 63,593,918.14, compared to CNY 31,240,061.46 in the same quarter last year, marking a growth of 103.5%[22]. Cash Flow and Investments - The net cash flow from operating activities rose by 61.58% to CNY 129,810,179.20, up from CNY 80,336,936.85 in the previous year[5]. - Cash received from sales and services increased by 47.88% to CNY 246,980,327.94 compared to CNY 167,013,530.67 in the same period last year[11]. - Cash outflow for the purchase of fixed assets and other long-term assets surged by 8867.34% to CNY 240,211,137.37 from CNY 2,678,732.00 in the previous year[11]. - Cash inflow from financing activities increased by 100.00% to CNY 493,517,645.29, primarily due to an increase in borrowings[11]. - Cash flow from financing activities netted CNY 26,864,570.39, a significant increase of 125.99% compared to a net outflow of CNY 103,380,892.71 last year[11]. - The company reported a net cash outflow from investing activities of CNY 240,211,137.37, compared to CNY 2,678,732.00 in Q1 2022, indicating increased investment efforts[25]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 7,660,732,666.46, a 1.45% increase from CNY 7,551,221,245.17 at the end of the previous year[5]. - Non-current assets totaled ¥5,998,131,497.24, up from ¥5,892,315,874.61, indicating an increase of 1.8%[19]. - Total liabilities rose to ¥4,654,639,685.70 from ¥4,604,015,124.35, marking an increase of 1.1%[20]. - The company experienced a 220.32% increase in contract liabilities, reaching CNY 439,413.35, primarily due to increased advance payments[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,423[13]. - The largest shareholder, Chalco Ningxia Energy Group Co., Ltd., holds 40.23% of the shares, totaling 284,089,900 shares[13]. Research and Development - Research and development expenses surged by 1105.49% to CNY 486,294.27, indicating a significant increase in investment in R&D projects[9]. - Research and development expenses increased significantly to ¥486,294.27 from ¥40,340.00, reflecting a growth of over 1,100%[21]. Corporate Actions - The company plans to acquire assets and liabilities related to the 200MW wind power project for CNY 638 million, which has been approved by the board and shareholders[15]. - The establishment of a new subsidiary, Ningxia Yinxing Energy Co., Ltd., has been approved and the business license was obtained on April 11, 2023[15]. - The company submitted a proposal for a private placement of shares, which was approved by the shareholders on April 7, 2023[16].