广东宏大(002683) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for the current period is ¥1,976,281,805.33, an increase of 10.47% compared to ¥1,788,906,674.75 in the previous period, attributed to the expansion of mining service projects and good capacity release in the civil explosives sector[21]. - The total profit for the current period is ¥95,552,541.75, reflecting a 36.01% increase from ¥70,256,497.16, supported by increased sales of explosives and detonators in the civil explosives sector[21]. - Net profit rose by 48.98% to ¥75,074,458.26 from ¥50,392,978.67, indicating strong overall performance[21]. - The net profit attributable to shareholders of the parent company is ¥51,311,936.26, a 24.74% increase from ¥41,136,538.45[21]. - Basic and diluted earnings per share were both CNY 0.0685, reflecting a 24.77% increase from CNY 0.0549 in the previous year[57]. - The net profit for the first quarter of 2023 was CNY 75,074,458.26, an increase of 48.93% compared to CNY 50,392,978.67 in the same period last year[67]. Cash Flow - In Q1 2023, the net cash flow from operating activities was -396,218,335.53 CNY, an improvement of 6.39% compared to -423,270,236.26 CNY in the same period last year[6]. - The net cash flow from investing activities was -102,069,764.68 CNY, a significant decrease of 72.3% from -368,473,506.48 CNY year-on-year, attributed to a reduction in net investment in financial products[6]. - The net cash flow from financing activities decreased by 102.88% to -8,908,089.68 CNY, indicating a reduction in borrowings compared to the previous year[7]. - The cash flow from operating activities showed a net outflow of CNY -396,218,335.53, slightly improved from CNY -423,270,236.26 in the previous year[68]. - The cash inflow from investment activities was CNY 1,024,069,606.31, a significant increase compared to CNY 4,561,956.88 in the previous year[68]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,387, with Guangdong Environmental Protection Group holding 24.26% of shares[8]. - The company reported a total of 199,819,173 shares held by related parties, constituting 26.69% of the total share capital[8]. - The company's stock performance and shareholder structure indicate a strong presence of state-owned entities among the top shareholders[8]. - The company plans to grant 14,947,579 restricted stock units, representing 2.00% of the total share capital, pending approval from the State-owned Assets Supervision and Administration Commission[63]. Assets and Liabilities - The company's total liabilities decreased to ¥7,438,851,316.07 from ¥8,204,230,342.35, indicating improved financial stability[34]. - Current liabilities decreased to ¥3,727,717,460.73 from ¥4,670,557,388.27, reflecting better cash flow management[34]. - Long-term borrowings increased to ¥3,226,440,121.80 from ¥3,080,305,307.04, indicating ongoing investment in growth[34]. - The total equity attributable to shareholders of the parent company increased to ¥5,987,238,657.39 from ¥5,932,955,409.36, showing a positive trend in shareholder value[34]. - The total liabilities due within one year decreased by 37.23% to CNY 280,723,581.36, attributed to the repayment of long-term borrowings[67]. Other Income and Expenses - Other income decreased by 44.78% to ¥4,388,463.26 from ¥7,947,251.01 in the previous period, mainly due to a reduction in government subsidies received by the mining service sector[21]. - The company received government subsidies amounting to CNY 4,390,627.68 during the reporting period[49]. - The company reported a total of CNY 7,779,890.78 in other income and expenses, after accounting for tax and minority interests[49]. Capacity and Investments - The company added 7,000 tons of industrial explosive capacity in Q1 2023, bringing total capacity to 497,000 tons[9]. - The company received approval for a new 12,000-ton mixed loading ground station in cooperation with Jiangxi Guotai Group, contributing an additional 4,000 tons to its production capacity[9]. - The company utilized 28,906,300 CNY of raised funds for purchasing construction equipment during the reporting period, with a cumulative usage of 792,187,100 CNY as of March 31, 2023[9]. Current Assets - The company's total current assets decreased to CNY 8,353,707,529.05 from CNY 9,051,498,205.73 at the beginning of the year[49]. - The company's cash and cash equivalents at the end of the period were CNY 1,999,379,200.71, down from CNY 2,511,968,183.21 at the beginning of the period[53]. - The company’s employee compensation payable decreased by 50.17% to CNY 150,701,213.81, due to the distribution of last year's performance bonuses[67]. - The company’s tax payable decreased by 68.86% to CNY 48,412,143.85, as some subsidiaries paid off last year's income tax[67]. Audit Status - The first quarter report is unaudited[69].