PJRC(SH:600395)2024-04-22 09:42Financial Performance - The company's operating revenue for Q1 2024 was ¥1,949,172,142.25, representing a decrease of 31.91% compared to the same period last year[17]. - The net profit attributable to shareholders of the listed company was ¥21,325,156.43, down 93.92% year-on-year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,608,315.87, a decline of 99.20% compared to the previous year[17]. - Basic earnings per share were ¥0.010, down 93.865% compared to the same period last year[17]. - Diluted earnings per share were also ¥0.010, showing a decrease of 93.865% year-on-year[17]. - The net profit for the first quarter of 2024 is CNY 53,352,298.77, a significant decrease from CNY 362,140,723.64 in the same period last year, representing a decline of approximately 85.3%[35]. - Operating profit for the first quarter is CNY 44,769,666.05, down from CNY 393,069,059.79 year-over-year, indicating a decrease of about 88.6%[35]. - Total revenue for Q1 2024 was CNY 1,812,467,381.15, a decrease of 27.0% compared to CNY 2,484,610,098.22 in Q1 2023[50]. - The company reported a total comprehensive income of CNY -23,911,614.01 for Q1 2024, compared to CNY 382,825,550.68 in Q1 2023[48]. - The company reported a total comprehensive income of CNY -67,920,790.71 for Q1 2024, compared to CNY 367,243,439.28 in Q1 2023[58]. Revenue and Sales - The decrease in revenue and profit was primarily due to a reduction in coal sales volume compared to the same period last year[19]. - Coal production decreased by 35.72% to 2,037,299.47 tons in Q1 2024 compared to Q1 2023[21]. - Coal sales volume fell by 45.67% to 1,900,659.99 tons in Q1 2024 compared to Q1 2023[21]. - Coal sales revenue declined by 39.10% to ¥1,700,002,341.16 in Q1 2024 compared to Q1 2023[21]. - Total revenue from operating activities for the first quarter is CNY 1,926,213,018.84, compared to CNY 2,588,003,538.79 in the previous year, reflecting a decline of approximately 25.6%[38]. - The total revenue from operating activities was CNY 1,301,565,585.16, down 39.4% from CNY 2,149,573,193.02 in the same period last year[60]. - The company's revenue for Q1 2024 was ¥1,422,808,307.32, a decrease of 41.3% compared to ¥2,415,420,407.75 in Q1 2023[67]. Operating Costs and Expenses - Total operating revenue decreased by 32.0% to ¥1,949,172,142.25 in Q1 2024 compared to Q1 2023[34]. - Total operating costs decreased by 22.7% to ¥1,943,579,409.38 in Q1 2024 compared to Q1 2023[34]. - The company reported a significant increase in management expenses, rising to CNY 337,212,094.03 from CNY 268,480,686.34, an increase of about 25.6%[35]. - Research and development expenses decreased to CNY 35,786,751.37 from CNY 56,574,416.07, a reduction of approximately 36.8%[35]. - Financial expenses increased to ¥36,079,021.70 in Q1 2024, up 38.9% from ¥25,977,862.46 in Q1 2023[67]. - Investment income for Q1 2024 was ¥39,594,130.51, a decrease of 18.3% compared to ¥48,492,687.60 in Q1 2023[67]. - The company reported a credit impairment loss of ¥500,000.00 in Q1 2024, significantly lower than ¥1,931,352.21 in Q1 2023[67]. Cash Flow and Financial Position - The net cash flow from operating activities was ¥23,109,247.85, reflecting a decrease of 96.16% year-on-year[17]. - Cash flow from operating activities generated a net cash inflow of CNY 23,109,247.85, a sharp decline from CNY 601,320,229.14 in the previous year, representing a decrease of about 96.2%[38]. - The company's cash and cash equivalents as of March 31, 2024, amount to CNY 2,346,068,323.48, slightly down from CNY 2,372,514,226.83 at the end of 2023[43]. - The company's cash and cash equivalents at the end of Q1 2024 were CNY 1,708,531,024.50, down from CNY 4,100,338,809.35 at the end of Q1 2023[61]. - The net cash flow from financing activities was CNY 2,134,493,705.28, a significant increase from CNY 879,534,507.59 in the previous year[52]. - The cash inflow from financing activities was CNY 1,208,000,000.00, an increase from CNY 808,000,000.00 in Q1 2023[60]. Assets and Liabilities - The total assets at the end of the reporting period were ¥37,139,931,596.21, an increase of 5.33% from the end of the previous year[17]. - The total assets of the company as of March 31, 2024, are CNY 5,861,372,820.92, compared to CNY 5,760,766,121.25 at the end of the previous year, indicating a slight increase[43]. - The company's total assets increased to CNY 22,856,289,639.44, up from CNY 22,497,029,185.88 year-over-year[53]. - Total liabilities rose to CNY 11,259,384,383.73, compared to CNY 10,966,047,323.56 in Q1 2023, indicating a growth of approximately 2.67%[54]. - The company's total liabilities and equity reached CNY 22,856,289,639.44, indicating a stable financial structure despite the profit decline[55]. - The company's total equity as of March 31, 2024, was CNY 11,596,905,255.71, up from CNY 11,530,981,862.32 at the end of 2023[55]. - The equity attributable to shareholders of the listed company was ¥11,511,920,100.61, up 0.86% compared to the previous year[17].