Financial Performance - The company's operating revenue for Q1 2023 was CNY 4,434,546,336.67, representing a 26.48% increase compared to CNY 3,506,085,983.73 in the same period last year[13] - The net profit attributable to shareholders for Q1 2023 was CNY 164,203,542.16, a decrease of 19.65% from CNY 204,350,232.77 in Q1 2022[13] - Total operating revenue for Q1 2023 was CNY 4,434,546,336.67, an increase of 26.4% compared to CNY 3,506,085,983.73 in the same period last year[32] - Net profit for Q1 2023 was CNY 221,956,278.68, a decrease of 17.6% compared to CNY 269,396,871.59 in Q1 2022[32] - The total comprehensive income attributable to the parent company is approximately ¥149.39 million, down from ¥330.11 million, reflecting a significant decline[35] - The basic and diluted earnings per share for the current period are both ¥0.1110, compared to ¥0.1381 in the previous period, indicating a decrease of 19.5%[35] Cash Flow and Liquidity - The company's cash flow from operating activities improved by 10.52%, with a net cash flow of CNY -636,127,507.51 compared to CNY -710,889,231.74 in the same period last year[13] - Cash inflows from operating activities totaled approximately ¥2.70 billion, an increase of 6.6% from ¥2.53 billion in the previous period[40] - Cash outflows from operating activities amounted to approximately ¥3.33 billion, up from ¥3.24 billion, resulting in a net cash flow from operating activities of approximately -¥636.13 million[40] - The company's cash and cash equivalents decreased by 43.97% to CNY 1,438,566,809.60 from CNY 2,567,486,791.60, mainly due to payments for raw materials[15] - Cash and cash equivalents at the end of the period were CNY 1,438,566,809.60, down 44% from CNY 2,567,486,791.60 at the beginning of the year[25] - The cash and cash equivalents at the end of the period stand at approximately ¥1.29 billion, slightly up from ¥1.25 billion in the previous period[42] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 10,119,506,768.44, down 3.19% from CNY 10,452,877,639.16 at the end of the previous year[13] - Total liabilities decreased to CNY 3,021,276,487.09 from CNY 3,503,724,775.22 at the beginning of the year[28] Research and Development - Research and development expenses decreased by 50.14% to CNY 6,784,747.49 from CNY 13,608,411.18 in the previous year, primarily due to reduced R&D investments[11] - The company reported a decrease in research and development expenses to CNY 6,784,747.49 from CNY 13,608,411.18 in the previous year[32] Shareholder Information - The total number of common shareholders at the end of the reporting period was 34,795[18] - The largest shareholder, China Resources Chemical Materials, holds 57.74% of the shares, totaling 854,189,859 shares[18] - The second largest shareholder, China Resources Chemical Co., holds 23.93% of the shares, totaling 353,999,475 shares[18] - The company has no new restricted shares added during the reporting period, maintaining a total of 1,257,511,570 restricted shares[22] - The company plans to lift restrictions on certain shares on October 26, 2024, for major shareholders[22] Other Income and Expenses - The company reported a significant increase in other income, which rose by 1102.81% to CNY 122,561.28 due to increased compensation income[11] - The company reported a tax expense of approximately ¥58.11 million, down from ¥64.18 million, reflecting a decrease of 9.4%[35] - The other comprehensive income attributable to the parent company shows a significant decline, with a net amount of approximately -¥14.82 million compared to ¥125.76 million in the previous period[35] Future Outlook and Strategy - The company has not disclosed any new strategies or market expansions in the current report[23] - There are no new products or technologies mentioned in the current report[23] - The report does not indicate any mergers or acquisitions during the reporting period[23] - The company has not provided specific future performance guidance in the current report[23] - The company plans to focus on market expansion and new product development in the upcoming quarters[30] Investment Activities - The company recorded a net cash outflow from investing activities of CNY -408,131,094.37, a decrease of 157.19% compared to CNY 713,595,361.47 in the previous year[16] - The net cash flow from investing activities is approximately -¥408.13 million, a significant decrease from ¥713.60 million in the previous period[40] Financing Activities - The net cash flow from financing activities decreased by 98.62% to ¥1,480,882.17, primarily due to a reduction in borrowings[18] - The net cash flow from financing activities is approximately ¥1.48 million, compared to ¥107.45 million in the previous period, indicating a decrease[42]
华润材料(301090) - 2023 Q1 - 季度财报