中核钛白(002145) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥1,232,538,930.88, a decrease of 17.25% compared to ¥1,489,490,253.92 in the same period last year[5] - Net profit attributable to shareholders was ¥104,502,947.65, down 65.22% from ¥300,485,107.45 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥32,339,704.72, a decline of 88.93% compared to ¥292,144,282.13 in the previous year[5] - The basic earnings per share decreased by 68.38% to ¥0.0319 from ¥0.1009 in the same period last year[5] - The total operating revenue for the first quarter was approximately ¥1,232.54 million, a decrease of 17.3% compared to ¥1,489.49 million in the previous period[34] - The net profit for the first quarter was approximately ¥105.89 million, down 64.8% from ¥300.49 million in the previous period[36] Cash Flow - The net cash flow from operating activities was ¥6,623,024.74, a significant drop of 96.93% from ¥215,864,075.67 in the same period last year[5] - The net cash flow from operating activities for the current period is ¥6,623,024.74, a significant decrease of 96.9% compared to ¥215,864,075.67 in the previous period[40] - Cash inflow from investment activities totaled ¥1,403,848,036.53, a substantial increase from ¥70,325,618.36 in the prior period[43] - The net cash flow from investment activities is -¥1,690,498,701.11, worsening from -¥409,498,497.66 in the previous period[43] - Cash inflow from financing activities reached ¥6,294,699,303.66, compared to ¥277,280,723.01 in the last period, indicating a strong increase[43] - The net cash flow from financing activities is ¥6,054,854,544.06, a significant rise from ¥70,960,044.40 in the previous period[43] Assets and Liabilities - Total assets at the end of the reporting period reached ¥17,584,015,517.86, an increase of 50.54% from ¥11,680,332,660.21 at the end of the previous year[5] - The company's total assets at the end of the period were approximately ¥17.58 billion, compared to ¥11.68 billion at the beginning of the year, reflecting a significant increase[34] - The total liabilities increased to approximately ¥5.25 billion, up from ¥4.69 billion at the beginning of the year, indicating a rise in financial obligations[34] - The company’s short-term borrowings increased to RMB 1,579,500,000 from RMB 888,027,361.10[26] - The company’s total non-current liabilities include long-term borrowings of RMB 748,770,298.10, up from RMB 682,884,885.55[26] Income and Expenses - Sales expenses increased by 63.16%, primarily due to higher costs associated with sales expansion and auxiliary sales activities[12] - The company received government subsidies amounting to ¥74,806,542.13, contributing to a 1,533.76% increase in other income[12] - The total operating costs increased to approximately ¥1,204.03 million, up 5.4% from ¥1,142.52 million in the previous period[34] - The company reported a significant increase in other income to approximately ¥74.81 million, compared to ¥4.58 million in the previous period, highlighting improved financial performance in this area[36] - The company’s research and development expenses for the quarter were approximately ¥27.04 million, down from ¥34.26 million in the previous period, reflecting a reduction in investment in innovation[34] Shareholder Equity and Investments - The company's equity attributable to shareholders increased to approximately ¥12.28 billion, compared to ¥6.94 billion at the beginning of the year, showing robust growth in shareholder value[34] - The company completed a private placement of 893,200,000 shares at a price of RMB 5.92 per share, raising a total of RMB 5,287,744,000, with a net amount of RMB 5,249,443,962.28 after expenses[19] - The company established Hami Zhonghe Vanadium Titanium Co., Ltd. with a registered capital of RMB 500 million, holding 100% of the shares[22] - The company repurchased a total of 64,354,132 shares, accounting for 1.66% of the total share capital at the end of the reporting period[17] - The company extended the duration of its employee stock ownership plan until August 16, 2024[18] Cash Management - The company reported a significant increase in cash and cash equivalents by 113.34% due to funds raised from a private placement of shares[9] - The cash and cash equivalents at the end of the period were approximately ¥8.19 billion, up from ¥3.84 billion at the beginning of the year, indicating strong liquidity[34] - The total cash and cash equivalents at the end of the period is ¥7,768,190,748.51, up from ¥3,276,496,051.44 at the end of the previous period[43] - The company’s cash and cash equivalents are managed in accordance with its fundraising management system and relevant regulations[21] - The company received cash from sales of goods and services amounting to ¥1,103,652,090.54, down 20.8% from ¥1,391,441,321.88 in the previous period[40] - Cash paid for purchasing goods and services was ¥1,029,765,097.12, an increase from ¥785,120,525.03 in the prior period[40] - The company reported a cash inflow of ¥27,121,066.25 from tax refunds, with no previous period data available for comparison[40] - The company’s cash outflow for taxes paid was ¥40,418,262.43, a decrease from ¥141,062,696.22 in the previous period[40]