海亮股份(002203) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥19,442,473,399.95, representing a 4.83% increase compared to ¥18,546,438,626.80 in the same period last year[4] - Net profit attributable to shareholders was ¥333,499,461.03, up 6.77% from ¥312,361,655.25 year-on-year[4] - The net profit excluding non-recurring gains and losses increased by 40.47%, reaching ¥324,547,310.85 compared to ¥231,035,642.55 in the previous year[4] - In Q1 2023, Zhejiang Hailiang Co., Ltd. reported a net profit of CNY 341,141,427.58, an increase from CNY 314,695,309.21 in Q1 2022, representing a growth of approximately 8.45%[20] - The company's operating profit for Q1 2023 was CNY 379,964,496.02, compared to CNY 347,170,982.46 in the same period last year, indicating an increase of about 9.3%[20] - Basic earnings per share for Q1 2023 were CNY 0.1681, up from CNY 0.1588 in Q1 2022, representing a growth of approximately 8.25%[21] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥37,367,684,289.76, an increase of 11.59% from ¥33,485,799,877.97 at the end of the previous year[4] - Current assets totaled ¥22,920,779,660.50, up from ¥19,319,441,455.65, indicating a growth of 18.56%[18] - Total liabilities rose to ¥23,615,716,835.57 from ¥20,108,917,013.06, reflecting an increase of 17.54%[18] - Non-current assets increased to ¥14,446,904,629.26 from ¥14,166,358,422.32, showing a growth of 1.98%[18] Cash Flow - The net cash flow from operating activities was -¥3,298,985,335.56, a decrease of 191.46% compared to -¥1,131,876,425.93 in the same period last year[4] - The cash flow from operating activities showed a net outflow of CNY -3,298,985,335.56, worsening from CNY -1,131,876,425.93 in the previous year[22] - The company reported a net cash outflow from investing activities of CNY -492,535,943.47, an improvement from CNY -677,561,857.05 in the previous year[23] - Financing activities generated a net cash inflow of CNY 4,368,035,800.97 in Q1 2023, significantly higher than CNY 1,635,157,555.44 in Q1 2022[23] Investments and Expansion - The company has initiated the production of a 60,000-ton air conditioning refrigerant pipe intelligent production line in the United States, with the second phase of a 30,000-ton precision copper pipe production line under construction, expected to be completed by the end of 2023[14] - The company has approved the establishment of a subsidiary in Indonesia for a project to produce 100,000 tons of high-performance electrolytic copper foil, with land acquisition completed for the project[15] - The company is actively expanding its customer base in the domestic and international markets, with key clients in the battery and energy storage sectors already entering the bulk supply phase[13] - The company is focusing on developing high-performance materials for various industries, including power batteries and consumer electronics, to enhance its market position[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 16,160, with the largest shareholder, Hailiang Group Co., Ltd., holding 29.41% of shares, equating to 584,229,734 shares[10] - The company has a pledge status for 135,750,000 shares held by Hailiang Group Co., Ltd., indicating a significant portion of shares are under collateral[10] Financial Management - The company's short-term borrowings increased by 80.57% to ¥975,318.12 from ¥540,120.38, primarily due to increased bank loans[7] - The company’s inventory increased by 9.55% to ¥751,305.60, attributed to rising raw material prices and increased inventory levels[7] - The company’s financial expenses decreased by 39.09% to ¥8,792.81, mainly due to increased exchange gains from the appreciation of the RMB[8] - The company has a total of 4.36 million RMB in trading financial assets, down from 18.4 million RMB in the previous period, reflecting a strategic shift in asset management[16] Research and Development - Research and development expenses for the quarter were ¥44,484,479.26, slightly down from ¥47,808,470.37 in the previous year[19]