HYNY(SH:600758)2024-04-23 13:24Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,574,431,997.23, representing a decrease of 20.26% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 82,533,784.37, down 71.25% year-on-year[4] - Basic earnings per share decreased by 72.73% to CNY 0.06[5] - The decline in net profit was primarily due to a decrease in coal product prices compared to the previous year[6] - Total operating revenue for Q1 2024 was CNY 1,574,431,997.23, a decrease of 20.2% compared to CNY 1,974,534,002.88 in Q1 2023[19] - Net profit for Q1 2024 was CNY 82,396,733.46, a decline of 71.3% from CNY 286,847,503.77 in Q1 2023[20] - Earnings per share for Q1 2024 were CNY 0.06, compared to CNY 0.22 in Q1 2023[21] Cash Flow - The company reported a net cash flow from operating activities of -CNY 395,720,064.72, indicating a negative cash flow situation[4] - The net cash flow from operating activities for Q1 2024 was -$395.72 million, a significant decline from -$35.23 million in Q1 2023, indicating a worsening cash flow situation[24] - Cash received from sales in Q1 2024 was CNY 920,728,798.74, a decrease of 34.4% from CNY 1,404,267,542.33 in Q1 2023[23] - The company reported a cash inflow of $959.43 million from operating activities in Q1 2024, down from $1.43 billion in Q1 2023, reflecting declining operational cash generation[24] - Total cash outflow from operating activities was $1.36 billion in Q1 2024, down from $1.46 billion in Q1 2023, indicating a reduction in cash expenses[24] - The total cash outflow for taxes paid was $174.08 million in Q1 2024, a decrease from $285.07 million in Q1 2023, indicating improved tax management[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,237,316,071.03, down 2.69% from the end of the previous year[5] - The company's current assets totaled RMB 3,923,353,216.36, down from RMB 4,125,842,771.37 year-over-year[15] - The company's total current liabilities were RMB 6,820,053,012.78, down from RMB 7,345,189,442.64, indicating a reduction of approximately 7.1%[16] - Total liabilities as of Q1 2024 were CNY 7,853,548,992.87, down from CNY 8,368,535,115.01 in the previous year[20] - The company's total liabilities decreased to RMB 6,820,053,012.78 from RMB 7,345,189,442.64, indicating a reduction of approximately 7.1%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,327[8] - The largest shareholder, Liaoning Energy Industry Holding Group Co., Ltd., held 24.05% of the shares, totaling 318,000,000 shares[8] - Total equity attributable to shareholders increased to CNY 5,385,899,966.72 in Q1 2024 from CNY 5,236,772,038.79 in Q1 2023[20] Investment and Expenses - The company reported a decrease in financial expenses to CNY 32,366,865.06 in Q1 2024 from CNY 56,753,091.00 in Q1 2023[20] - Investment income for Q1 2024 was CNY 16,981,249.97, significantly higher than CNY 7,602,123.54 in Q1 2023[20] - Cash outflow for purchasing fixed assets and other long-term assets was $18.74 million in Q1 2024, significantly lower than $41.96 million in Q1 2023, indicating reduced capital expenditures[24]