云南铜业(000878) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥30,062,639,179.04, representing a 4.03% increase compared to ¥28,898,369,903.95 in the same period last year[2] - Net profit attributable to shareholders was ¥478,463,198.69, a significant increase of 27.96% from ¥373,914,425.26 year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥451,024,530.59, up 19.92% from ¥376,118,625.19 in the previous year[2] - Total comprehensive income attributable to the parent company was ¥304,592,832.27, a remarkable increase of 203.81% compared to ¥100,257,818.91 in the previous year[8] - Net profit for Q1 2023 was ¥639,457,207.16, a decrease of 3.71% from ¥664,083,256.58 in Q1 2022[17] - The net profit attributable to the parent company for Q1 2023 was CNY 478,463,198.69, an increase of 28.0% compared to CNY 373,914,425.26 in Q1 2022[18] - The total comprehensive income attributable to the parent company for Q1 2023 was CNY 304,592,832.27, compared to CNY 100,257,818.91 in Q1 2022, reflecting a significant increase[18] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥1,009,348,020.44, which is a 33.12% decline compared to the outflow of ¥758,202,690.88 in the same period last year[2] - The net cash flow from operating activities decreased by 33.12% to -1,009,348,020.44 yuan compared to the previous period, primarily due to increased tax payments[9] - Cash inflow from operating activities for Q1 2023 was CNY 33,979,107,768.32, compared to CNY 32,338,975,900.41 in Q1 2022, indicating a growth of 5.1%[19] - The net cash outflow from operating activities for Q1 2023 was CNY -1,009,348,020.44, worsening from CNY -758,202,690.88 in Q1 2022[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥41,269,829,304.63, reflecting a 3.26% increase from ¥39,965,014,921.99 at the end of the previous year[2] - Current assets totaled ¥24,199,472,573.60 as of March 31, 2023, compared to ¥22,703,053,752.32 at the end of 2022, representing an increase of 6.56%[15] - The total liabilities as of March 31, 2023, were ¥24,866,745,643.21, compared to ¥23,914,296,872.42 at the end of 2022, showing an increase of 4.44%[16] - The equity attributable to shareholders increased by 2.57% to ¥13,550,928,194.44 from ¥13,211,470,288.96 at the end of the last year[2] - The equity attributable to shareholders increased to ¥13,550,928,194.44 in Q1 2023 from ¥13,211,470,288.96 in Q4 2022, representing a growth of 2.57%[16] Investment Activities - The cash inflow from investment activities increased significantly by 1,875.57% to 1,209,883,993.94 yuan, mainly driven by an increase in futures margin received[9] - The cash outflow from investment activities decreased by 32.35% to 1,168,025,464.82 yuan, primarily due to a reduction in futures margin payments[9] Financing Activities - The company experienced a 104.55% increase in short-term borrowings, reaching ¥6,097,820,935.92, primarily due to operational needs[6] - The net cash flow from financing activities increased by 194.85% to 2,180,830,099.41 yuan, reflecting a higher net inflow from financing activities compared to the same period last year[9] - Cash inflow from financing activities for Q1 2023 was CNY 17,542,333,428.97, down from CNY 24,871,611,220.80 in Q1 2022[20] - The net cash flow from financing activities for Q1 2023 was CNY 2,180,830,099.41, an increase from CNY 739,648,013.29 in Q1 2022[20] Tax and Refunds - The company received a tax refund of 164,176,007.62 yuan, a significant increase of 2,110.34% compared to the previous period, mainly due to an increase in VAT refunds[9] - The company paid 533,113,532.23 yuan in taxes, an increase of 67.68% compared to the previous period, mainly due to higher VAT and corporate income tax payments[9] Research and Development - Research and development expenses increased by 34.80% compared to the previous year, indicating a focus on innovation and product development[7] - The company reported a decrease in research and development expenses to ¥65,314,266.71 in Q1 2023 from ¥48,453,950.47 in Q1 2022, reflecting a year-over-year increase of 34.67%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 132,577, with the largest shareholder holding 31.82% of the shares[11] - The company’s subsidiary paid dividends to minority shareholders amounting to 94,981,867.63 yuan, reflecting a year-on-year increase of 72.69%[9] Other Information - The company plans to invest approximately 6.4 billion yuan in the relocation project of the Southwest Copper Company, which is expected to produce 550,000 tons of cathode copper annually upon completion[13] - The company reported a decrease in other comprehensive income attributable to the parent company, with a net amount of CNY -173,870,366.42 for Q1 2023, compared to CNY -273,656,606.35 in Q1 2022[18] - The company has not undergone an audit for the Q1 2023 report[21]