潞安环能(601699) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was approximately ¥8.66 billion, representing a decrease of 27.19% compared to the same period last year[4]. - The net profit attributable to shareholders was approximately ¥1.29 billion, down 61.90% year-over-year[4]. - Basic earnings per share were ¥0.43, reflecting a decrease of 61.90% year-over-year[4]. - Total revenue for Q1 2024 was approximately ¥8.66 billion, a decrease of 27.5% compared to ¥11.89 billion in Q1 2023[18]. - Net profit for Q1 2024 was approximately ¥1.53 billion, a decline of 60.2% from ¥3.84 billion in Q1 2023[19]. - Operating profit for Q1 2024 was approximately ¥2.01 billion, down 58.6% from ¥4.85 billion in Q1 2023[19]. - The total comprehensive income for the first quarter of 2024 was CNY 1,532,491,473.37, a decrease from CNY 3,849,345,936.92 in the same period of 2023, representing a decline of approximately 60%[20]. - Basic and diluted earnings per share for the first quarter of 2024 were CNY 0.43, down from CNY 1.13 in the first quarter of 2023, indicating a decrease of about 62%[20]. - Net profit for Q1 2024 was ¥763,693,756.69, a decline of 62.5% compared to ¥2,036,378,524.99 in Q1 2023[29]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at approximately -¥1.56 billion, a significant decline of 4,030.57% compared to the previous year[4]. - Net cash flow from operating activities for the first quarter of 2024 was negative CNY 1,564,883,331.76, compared to a positive CNY 39,813,094.42 in the same period of 2023[22]. - Cash and cash equivalents decreased significantly, with short-term borrowings remaining constant at ¥1.05 billion[18]. - Cash and cash equivalents at the end of the first quarter of 2024 totaled CNY 22,433,072,815.13, down from CNY 27,337,955,979.27 at the end of the first quarter of 2023, reflecting a decrease of approximately 18%[23]. - The cash inflow from operating activities totaled CNY 8,289,231,663.93 in the first quarter of 2024, down from CNY 12,634,106,492.07 in the same period of 2023, a decrease of about 34%[22]. - The cash outflow for operating activities was CNY 9,854,114,995.69 in the first quarter of 2024, compared to CNY 12,594,293,397.65 in the same period of 2023, reflecting a decrease of approximately 22%[22]. - The total cash and cash equivalents at the end of Q1 2024 were 20,923,525,344.73, down from 24,724,202,532.98 at the end of Q1 2023[31]. - The cash and cash equivalents decreased by 1,526,025,147.83 during the quarter, compared to a decrease of 1,579,953,937.04 in the same period last year[31]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥83.89 billion, a decrease of 3.31% from the end of the previous year[4]. - Total assets as of Q1 2024 were approximately ¥83.89 billion, down from ¥86.76 billion in the previous year[18]. - Total liabilities for Q1 2024 were approximately ¥32.40 billion, a decrease from ¥37.34 billion in Q1 2023[18]. - The total assets decreased to ¥64,000,324,607.07 in Q1 2024 from ¥66,244,354,488.88 in Q1 2023, reflecting a reduction of 3.4%[26]. - Total liabilities decreased to ¥29,896,766,247.53 in Q1 2024 from ¥33,124,717,150.33 in Q1 2023, a decline of 9.0%[26]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 57,851, with the largest shareholder holding 49.72% of the shares[9]. - The company held 1.49 billion shares of common stock, representing 49.70% of total shares held by major shareholders[11]. - The company has 1.18 million shares in the margin trading and securities lending business, accounting for 0.04% of total shares[11]. Production and Sales - The company reported a raw coal production of 13.24 million tons and a sales volume of 11.81 million tons for the reporting period, with a comprehensive selling price of 689.42 RMB per ton[13]. - The total sales revenue from commodity coal reached 814.209 million RMB, with a sales cost of 446.173 million RMB, resulting in a gross profit of 368.036 million RMB[13]. Research and Development - Research and development expenses for Q1 2024 were approximately ¥194.77 million, a decrease of 17% compared to ¥234.70 million in Q1 2023[19]. - Research and development expenses increased to ¥171,630,182.65 in Q1 2024 from ¥156,527,648.83 in Q1 2023, an increase of 9.0%[27]. Future Outlook - The company plans to continue focusing on market expansion and technological innovation in the upcoming quarters[12].