泸天化(000912) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,186,529,140.95, representing a 25.16% increase compared to CNY 1,746,977,069.14 in the same period last year[5] - Net profit attributable to shareholders was CNY 173,349,950.88, up 23.78% from CNY 140,051,311.53 year-on-year[5] - Basic earnings per share increased by 22.22% to CNY 0.11 from CNY 0.09 in the same period last year[5] - The total comprehensive income for Q1 2023 was ¥163,340,237.84, an increase from ¥132,622,041.14 in the same quarter last year[23] - Net profit for Q1 2023 was ¥169,474,095.09, representing a 21.8% increase compared to ¥139,023,962.54 in Q1 2022[22] Cash Flow - The net cash flow from operating activities decreased significantly by 97.64%, amounting to CNY 6,946,997.26 compared to CNY 294,355,742.17 in the previous year[11] - Cash flow from operating activities generated a net amount of ¥6,946,997.26, a significant decrease from ¥294,355,742.17 in Q1 2022[27] - Cash flow from investing activities resulted in a net outflow of ¥67,952,843.89, an improvement from a net outflow of ¥120,784,329.01 in the previous year[27] - Cash flow from financing activities showed a net outflow of ¥398,084,827.56, compared to a net outflow of ¥188,712,434.43 in Q1 2022[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,848,938,208.10, a decrease of 5.85% from CNY 10,418,378,090.47 at the end of the previous year[6] - The company's total liabilities decreased to CNY 3,407,219,782.43 from CNY 4,199,635,755.13, indicating a reduction in financial obligations[19] - The cash and cash equivalents decreased to CNY 2,585,072,309.58 from CNY 3,544,624,189.98, reflecting a decline of approximately 27.2%[17] - The accounts receivable decreased to CNY 56,437,728.78 from CNY 69,700,831.66, a reduction of about 19%[17] - The inventory decreased to CNY 620,941,825.74 from CNY 675,304,163.63, showing a decline of approximately 8.1%[17] - The total current liabilities decreased to CNY 2,598,725,844.31 from CNY 3,300,940,349.09, indicating a reduction of about 21.2%[19] Equity and Borrowings - The total equity attributable to the parent company increased to CNY 6,436,255,121.73 from CNY 6,258,855,518.24, reflecting an increase of about 2.8%[19] - The company's short-term borrowings remained stable at CNY 150,139,583.33[19] - The long-term borrowings decreased to CNY 455,098,813.82 from CNY 536,872,438.82, a decrease of approximately 15.2%[19] Research and Development - Research and development expenses rose by 74.32% to CNY 8,097,822.78, reflecting increased investment in R&D[11] - The company reported a significant increase in research and development expenses, totaling ¥8,097,822.78, compared to ¥4,645,415.44 in Q1 2022[22] Operating Costs - The company reported a significant increase in operating costs, which rose by 34.66% to CNY 1,908,094,761.31 due to higher production volumes and increased revenue[11] - Total operating costs amounted to ¥2,045,514,054.07, up 33.4% from ¥1,532,835,457.60 in the previous year[22] Non-Operating Income - The company recorded a non-operating income of CNY 14,616,250.75, a substantial increase of 981.24% compared to CNY 1,351,809.01 in the previous year[11] Receivables Financing - The company experienced a 419.77% increase in receivables financing, reaching CNY 46,781,187.36, primarily due to sales invoices not yet due for acceptance[10] Prepayments - The company's prepayments increased significantly to CNY 683,873,656.70 from CNY 327,351,838.46, an increase of approximately 108.5%[17]