神火股份(000933) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥10,750,069,712.58, representing a 57.30% increase compared to the same period last year[3]. - Net profit attributable to shareholders was ¥1,948,448,515.20, a significant increase of 232.59% year-on-year[3]. - The net profit after deducting non-recurring gains and losses reached ¥1,937,037,729.97, up 276.30% from the previous year[3]. - The company's net profit for Q1 2022 reached CNY 2,248,968,896.87, representing a 212.12% increase year-on-year, driven by significant price increases in electrolytic aluminum and coal[8]. - Operating profit for the same period was CNY 2,742,348,215.24, reflecting a 158.30% growth compared to the previous year[8]. - The company reported a total profit of CNY 2,752,469,822.51, which is a 163.31% increase from the previous year[8]. - The total operating revenue for the first quarter was CNY 10,098,767,375.01, compared to CNY 7,454,662,181.14 in the previous year, indicating a year-over-year increase of about 35%[21]. - The net profit for the first quarter of 2022 reached CNY 2,248,968,896.87, a significant increase from CNY 720,541,173.78 in the same period last year, representing a growth of approximately 212%[19]. - The basic earnings per share for the first quarter were CNY 0.873, compared to CNY 0.263 in the same period last year, representing an increase of approximately 232%[19]. - The total comprehensive income for the first quarter was CNY 2,219,709,430.66, compared to CNY 724,448,530.74 in the previous year, indicating a growth of about 206%[19]. Cash Flow and Assets - The company's cash flow from operating activities was ¥2,841,578,213.03, showing a slight decrease of 3.76% year-on-year[3]. - The company received CNY 426,518,867.59 in cash related to operating activities, an increase of 81.86% year-on-year[8]. - The cash flow from investment activities showed a significant increase, with CNY 175,581,654.40 received, marking a 20,678.89% increase compared to the previous year[8]. - The company's cash and cash equivalents decreased to CNY 9.96 billion from CNY 10.51 billion, a decline of about 5.23%[13]. - The cash flow from operating activities netted CNY 2,841,578,213.03, slightly up from CNY 2,738,734,644.43 in the same period last year, showing a modest increase of about 4%[21]. - The net cash flow from investment activities was 107,004,714.45 CNY, compared to a negative cash flow of -382,154,300.08 CNY in the previous year[22]. - The total cash inflow from financing activities was 3,811,730,312.31 CNY, down from 4,107,562,767.75 CNY year-over-year[22]. - The net cash flow from financing activities was -2,610,373,545.44 CNY, an improvement from -4,681,453,856.23 CNY in the same period last year[22]. - The company experienced a net increase in cash and cash equivalents of 339,032,992.18 CNY, contrasting with a decrease of -2,325,669,018.22 CNY in the previous year[22]. Liabilities and Shareholder Information - The total liabilities of Henan Shenhuo decreased to CNY 38.44 billion from CNY 39.15 billion, a reduction of approximately 1.81%[16]. - The total number of ordinary shareholders at the end of the reporting period was 89,521, with the largest shareholder, Henan Shenhuo Group Co., Ltd., holding 21.42% of shares[10]. - The company's total assets increased to CNY 54.50 billion, up from CNY 53.54 billion, representing a growth of about 1.79%[15]. - Total assets amounted to ¥54,503,223,048.98, reflecting a 1.82% increase compared to the end of the previous year[4]. Operating Costs and Expenses - The company experienced a 47.74% increase in operating costs, amounting to ¥7,427,540,313.03, primarily due to rising costs in the electrolytic aluminum sector[7]. - The total operating costs for the first quarter were CNY 8,086,201,046.55, compared to CNY 5,884,865,034.65 in the previous year, reflecting an increase of approximately 37%[18]. - The income tax expense increased by 55.01% to CNY 503,500,925.64 due to a rise in taxable income[8]. - The income tax expense for the quarter was CNY 503,500,925.64, up from CNY 324,807,988.03, representing an increase of about 55%[18]. - The company's financial expenses decreased significantly to CNY 201,241,878.00 from CNY 456,999,421.24, indicating a reduction of approximately 56%[18]. Production Capacity and Strategic Developments - Yunnan Shenhuo Aluminum's production capacity was reduced to 550,000 tons due to power supply restrictions, with a utilization rate dropping to 41.67%[12]. - As of April 2022, Yunnan Shenhuo's total production capacity is expected to reach 900,000 tons, with previously halted capacity gradually resuming operations[12]. - The company reported a 66.20% increase in prepayments, totaling ¥1,152,561,629.36, attributed to strategic procurement[7]. - Accounts receivable increased by 63.58% to ¥635,290,852.95 due to slower sales collection during the reporting period[7]. Audit and Reliability - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[23].