华菱钢铁(000932) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥39.76 billion, a decrease of 2.93% compared to ¥40.96 billion in the same period last year[3]. - The net profit attributable to shareholders was ¥688.53 million, down 67.39% from ¥2.11 billion year-on-year[3]. - The company reported a net profit of ¥982.73 million for Q1 2023, a decrease of 57.52% from ¥2.31 billion in the same period last year[7]. - Basic earnings per share for Q1 2023 were CNY 0.0997, down from CNY 0.3056 in Q1 2022[17]. - Operating profit for Q1 2023 was CNY 1.15 billion, a decrease of 56.4% from CNY 2.64 billion in the same period last year[16]. - The company reported a total comprehensive income of CNY 983.49 million, down from CNY 2.34 billion in Q1 2022[17]. Cash Flow - The net cash flow from operating activities was -¥3.43 billion, a significant decline of 5,312.91% compared to -¥63.30 million in Q1 2022[3]. - Cash inflow from operating activities totaled 37,133,711,322.68 CNY, down from 40,083,845,188.71 CNY year-over-year[18]. - The company reported a net cash outflow from investment activities of -5,601,185,915.18 CNY, compared to -445,608,475.98 CNY in the previous period, reflecting increased investment expenditures[19]. - Total cash inflow from financing activities was 12,496,135,046.94 CNY, significantly higher than 6,889,382,241.08 CNY in the previous period[19]. - The company experienced a net increase in cash and cash equivalents of 3,119,861.47 CNY, compared to an increase of 5,644,182.91 CNY in the previous period[19]. Assets and Liabilities - The total assets increased by 7.80% to ¥129.02 billion from ¥119.69 billion at the end of the previous year[3]. - The company's total equity reached CNY 60.24 billion, an increase of 4.3% from CNY 57.59 billion in the previous year[15]. - Total liabilities increased to CNY 68.79 billion, up from CNY 62.10 billion year-over-year, representing an increase of 10.9%[15]. - The company's total current assets amounted to ¥67,107,577,213.33 at the end of the first quarter, an increase from ¥58,334,424,570.79 at the beginning of the year, reflecting a growth of approximately 15%[14]. - The total assets of the company reached ¥129,023,390,329.67, up from ¥119,689,947,964.57, indicating an increase of about 7.2%[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 98,253, with the largest shareholder, Hunan Steel Group Co., Ltd., holding 32.41% of shares, equating to 2,239,394,763 shares[11]. - The company has a strong shareholder base, with the top ten shareholders collectively holding 43.76% of the shares, indicating a stable ownership structure[12]. Operational Metrics - The total cost of operations was CNY 38.88 billion, an increase of 0.8% from CNY 38.57 billion in Q1 2022[16]. - Research and development expenses amounted to CNY 1.35 billion, a decrease of 5.8% compared to CNY 1.43 billion in the previous year[16]. - Interest expenses for Q1 2023 were CNY 146.92 million, an increase from CNY 132.93 million in the previous year[16]. Inventory and Receivables - Accounts receivable rose to ¥5,005,122,817.04 from ¥4,512,570,008.22, showing an increase of about 10.9%[14]. - Inventory levels increased to ¥13,393,323,502.59 from ¥12,262,397,480.45, reflecting a growth of approximately 9.2%[14]. - The company reported a significant increase in accounts payable, which rose to ¥10,122,086,447.87 from ¥10,478,694,663.10, indicating a decrease of approximately 3.4%[14].