罗平锌电(002114) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 348,816,815.46, a decrease of 17.90% compared to CNY 424,878,712.11 in the same period last year[5] - The net loss attributable to shareholders was CNY -6,920,884.12, an improvement of 84.40% from CNY -44,374,787.17 year-on-year[5] - The total profit for the period was CNY -2,828,668.45, showing a 93.90% improvement from CNY -46,381,605.04 in the previous year[20] - Operating profit, total profit, net profit, and net profit attributable to shareholders increased by 68.79%, 93.90%, 85.74%, and 84.40% respectively compared to the same period last year[24] - The company recorded a comprehensive loss of CNY 10.45 million in Q1 2023, compared to a comprehensive loss of CNY 46.73 million in Q1 2022[47] Cash Flow - The net cash flow from operating activities increased significantly to CNY 126,637,499.55, a 445.21% increase from CNY -36,684,558.93 in the previous year[5] - Cash flow from operating activities increased by 445.21% year-on-year, with net cash flow from operating activities reaching approximately 126.64 million RMB[32] - Cash inflows from investment activities increased by 80.99% year-on-year, mainly due to higher dividend receipts from associates[34] - Cash outflows from operating activities decreased by 39.14% compared to the previous year, primarily due to reduced purchases of raw materials and lower zinc prices[31] - The company's cash flow from operating activities indicates a recovery trend, with a notable increase in net cash flow compared to the previous year[49] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,457,284,965.66, a decrease of 1.50% from CNY 2,494,667,926.74 at the end of the previous year[5] - Total liabilities decreased to CNY 1.19 billion in Q1 2023 from CNY 1.22 billion in Q1 2022, a reduction of 2.5%[45] - The equity attributable to shareholders of the parent company was CNY 1.23 billion in Q1 2023, slightly down from CNY 1.23 billion in Q1 2022[45] - The company's cash and cash equivalents decreased to ¥238,807,525.49 from ¥249,724,547.83 at the beginning of the year, a decline of approximately 4%[43] Expenses - The company's management expenses decreased by 66.22% to CNY 14,116,774.93 compared to CNY 41,793,945.92 in the previous year[20] - Sales expenses decreased by 36.02% compared to the same period last year, primarily due to reductions in handling fees, personnel wages, and logistics agency fees[21] - Research and development expenses for Q1 2023 were CNY 0.89 million, a decrease of 20.2% from CNY 1.12 million in Q1 2022[46] Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,520[40] - The largest shareholder, Luoping Zinc & Electricity Co., holds 27.40% of shares, totaling 88,597,600 shares[40] Other Financial Metrics - The company's basic and diluted earnings per share improved to CNY -0.02, an increase of 85.71% from CNY -0.14 in the same period last year[5] - The company's contract liabilities surged by 828.64% to CNY 104,529,338.21, primarily due to increased prepayments for sales orders[8][14] - The company's other receivables increased by 84.45% to CNY 28,166,778.92, mainly due to increased futures margin deposits[8][12] - Fair value changes in income increased by 100.14% compared to the previous year, mainly due to last year's hedging losses[22] - Credit impairment losses decreased by 33.59% year-on-year, primarily due to a reduction in bad debt provisions for receivables[23]