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木林森(002745) - 2023 Q1 - 季度财报
MLSMLS(SZ:002745)2023-04-26 16:00

Financial Performance - The company's operating revenue for Q1 2023 was CNY 4,079,732,454.84, representing a 2.13% increase compared to CNY 3,994,609,216.96 in the same period last year[15] - Net profit attributable to shareholders decreased by 22.62% to CNY 140,781,842.33 from CNY 181,940,220.62 year-on-year[15] - The total comprehensive income attributable to the parent company decreased by 31.28% year-on-year, primarily due to a decrease in net profit[21] - Basic and diluted earnings per share were both $0.09, compared to $0.12 in the previous period, indicating a decline of 25%[36] - The net profit for the current period is approximately ¥137.44 million, down from ¥178.45 million in the previous period, indicating a decrease of about 23%[48] - The total profit for the current period is approximately ¥186.01 million, down from ¥228.32 million in the previous period, indicating a decrease of about 18.5%[48] Cash Flow - The net cash flow from operating activities increased significantly by 237.01%, reaching CNY 363,651,904.84, compared to a negative cash flow of CNY -265,427,695.28 in the previous year[15] - The net cash flow from investment activities increased by 514.44% year-on-year, mainly due to cash inflows from investment activities[24] - The cash and cash equivalents net increase for the current period rose by 99.83% year-on-year, primarily due to the net cash flow from operating activities[30] - The net cash flow from financing activities was negative at approximately -¥722.58 million, an improvement from -¥933.76 million in the previous period[51] Assets and Liabilities - Total assets decreased by 4.03% to CNY 23,919,223,459.41 from CNY 24,923,300,299.66 at the end of the previous year[15] - The company's total liabilities decreased, with trading financial liabilities down by 33.77% due to a reduction in derivative financial instruments[10] - The non-current liabilities due within one year decreased by 44.91% compared to the beginning of the period, primarily due to the repayment of due borrowings[20] - Total liabilities decreased to approximately $10.32 billion from $11.45 billion, a reduction of about 9.8%[47] - Non-current liabilities decreased to approximately $1.59 billion from $1.67 billion, a decline of about 4.5%[47] Equity - The total equity attributable to shareholders increased slightly by 0.96% to CNY 13,542,229,580.54 from CNY 13,413,479,091.49 at the end of the previous year[15] - Total equity attributable to the parent company increased to approximately $13.54 billion from $13.41 billion, reflecting a growth of about 0.9%[47] - Unappropriated profits rose to approximately $3.94 billion from $3.80 billion, an increase of about 3.7%[47] Investment and Income - Investment income decreased by 87.92% compared to the same period last year, primarily due to reduced earnings from long-term equity investments accounted for using the equity method[10] - Interest income increased by 46.63% year-on-year, mainly due to the increase in interest income[21] - The fair value change income increased by 120.16% year-on-year, primarily due to the fair value changes of derivative financial instruments[21] Other Financial Metrics - The company's weighted average return on net assets was 1.04%, down from 1.36% in the previous year[15] - The foreign currency financial statement translation difference increased by 81.95% year-on-year, primarily due to the impact of foreign currency exchange rates[21] - Contract liabilities increased to approximately $55.38 million from $43.43 million, marking an increase of about 27.0%[47] - Cash paid for the purchase of fixed assets, intangible assets, and other long-term assets decreased by 60% year-on-year, mainly due to reduced asset investments[24] - The company reported a significant increase in cash received from the disposal of fixed assets, intangible assets, and other long-term assets, which rose by 235.41% compared to the previous year[19] Research and Development - Research and development expenses increased to approximately ¥126.57 million from ¥107.55 million, showing a growth of about 17.7%[48]