嘉友国际(603871) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥1,995,092,777.45, representing a year-on-year increase of 25.97%[4] - Net profit attributable to shareholders was ¥307,109,761.65, marking a significant increase of 51.85% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥305,764,707.54, also up by 51.99% year-on-year[4] - Basic earnings per share (EPS) stood at ¥0.44, reflecting a growth of 51.72% from the previous year[4] - The weighted average return on equity (ROE) increased by 27.35 percentage points to 6.10%[4] - The total operating revenue for Q1 2024 was CNY 1,995,092,777.45, representing an increase of 26.0% compared to CNY 1,583,762,936.31 in Q1 2023[48] - The net profit for Q1 2024 reached CNY 308,111,621.42, a significant increase of 52.5% from CNY 202,063,402.50 in Q1 2023[50] - The company reported a basic earnings per share of CNY 0.44 for Q1 2024, compared to CNY 0.29 in Q1 2023, indicating a growth of 51.7%[51] - The company reported a total comprehensive income of CNY 322,625,431.17 for Q1 2024, compared to CNY 130,153,111.58 in Q1 2023, marking a growth of 147.5%[51] Cash Flow and Investments - The net cash flow from operating activities decreased by 59.15% to ¥101,041,205.36, primarily due to increased procurement of coking coal[14] - Cash flow from operating activities reached CNY 2,140,949,052.88, compared to CNY 1,524,170,614.92 in the first quarter of 2023, indicating a significant increase[30] - The net increase in cash and cash equivalents was CNY -73,916,406.43, contrasting with a positive increase of CNY 211,402,939.96 in the same period last year[32] - Operating cash inflow totaled $2,473,027,263.38, an increase from $1,599,275,449.52 year-over-year[57] - Operating cash outflow amounted to $2,371,986,058.02, compared to $1,351,944,598.82 in the previous year[57] - Net cash flow from operating activities was $101,041,205.36, down from $247,330,850.70 year-over-year[57] - Cash inflow from investment activities reached $670,003,724.07, significantly higher than $188,552,830.74 in the prior year[57] - Net cash flow from investment activities was -$238,164,272.01, compared to -$58,997,595.20 in the previous year[57] - Cash inflow from financing activities was $72,082,430.59, up from $36,680,000.00 year-over-year[57] - Net cash flow from financing activities increased to $71,654,913.26 from $26,315,607.56 in the previous year[57] Assets and Liabilities - The total assets of the company as of the end of the reporting period amounted to ¥6,855,983,878.67, an increase from the previous year's total[23] - The company's current liabilities totaled ¥1,483,522,854.48, showing a slight increase compared to the previous year[23] - The total assets increased to CNY 6,855,983,878.67, up 6.01% from CNY 6,467,457,995.28 in the previous year[35] - The equity attributable to shareholders of the listed company rose to CNY 5,201,677,981.47, representing a 6.69% increase from CNY 4,875,705,420.39[35] - The total liabilities amounted to CNY 1,531,736,321.45, up from CNY 1,470,276,635.86, reflecting a growth in financial obligations[35] Acquisitions and Investments - The company completed the acquisition of a 20% stake in Khangad Exploration LLC, with all necessary overseas investment filing procedures finalized[19] - The company also finalized the acquisition of 80% of Reinsberg Holding AG for $25,500,016.00, with investment filing procedures completed[20] - The company signed a share transfer agreement to acquire 20% equity in Khangad Exploration LLC for USD 88,810,000 on February 21, 2024[41] - The company also acquired 80% equity in Reinsberg Holding AG, further expanding its market presence[42] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,017, indicating a broad base of ownership[38] Research and Development - Research and development expenses for Q1 2024 were CNY 3,990,702.77, compared to CNY 2,038,224.68 in Q1 2023, reflecting an increase of 96.0%[50] Taxation - The company received tax refunds totaling $211.68 million[57] - The company paid $90,973,282.68 in various taxes, an increase from $54,801,377.11 year-over-year[57] Accounting Standards - The company plans to implement new accounting standards starting in 2024[58]