上海能源(600508) - 2024 Q1 - 季度财报

Financial Performance - Total comprehensive income attributable to the parent company's owners for Q1 2024 was ¥302,626,437.12, a decrease from ¥831,076,914.15 in Q1 2023, representing a decline of approximately 63.6%[7] - Net profit for Q1 2024 was ¥299,321,982.92, down from ¥863,615,027.22 in Q1 2023, indicating a decrease of about 65.3%[14] - Operating revenue for Q1 2024 was ¥2,319,567,984.56, compared to ¥3,142,104,755.87 in Q1 2023, reflecting a decline of approximately 26.2%[14] - The total comprehensive income for Q1 2024 was ¥299,062,443.38, compared to ¥859,153,681.93 in Q1 2023, indicating a decline of about 65.2%[14] - Net profit attributable to shareholders was CNY 302,764,646.91, down 63.76% year-on-year[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 299,647,547.91, a decline of 64.12% compared to the previous year[20] - Basic earnings per share were CNY 0.42, reflecting a decrease of 63.79% year-on-year[20] - The company's basic earnings per share for Q1 2024 were ¥0.42, down from ¥1.16 in Q1 2023, a decrease of approximately 63.8%[7] Cash Flow and Operating Activities - Cash flow from operating activities in Q1 2024 was ¥69,829,769.13, significantly lower than ¥636,557,149.40 in Q1 2023, marking a decrease of about 89.0%[10] - The net cash flow from operating activities was CNY 69,829,769.13, a significant decrease of 89.03%[20] - The company reported a net cash outflow from financing activities of ¥98,603,765.51 in Q1 2024, compared to a net inflow of ¥5,836,043.75 in Q1 2023[10] Costs and Expenses - Total operating costs for Q1 2024 were ¥1,909,051,658.38, slightly down from ¥1,975,080,147.05 in Q1 2023, a decrease of approximately 3.3%[14] - Research and development expenses increased to ¥17,170,660.16 in Q1 2024 from ¥2,272,977.71 in Q1 2023, representing a significant increase of about 654.5%[14] Assets and Liabilities - Total current liabilities decreased from CNY 3,599,103,062.97 to CNY 3,127,333,808.79, a reduction of approximately 13.1%[43] - Total non-current liabilities increased slightly from CNY 3,726,803,797.21 to CNY 3,754,445,174.29, an increase of about 0.7%[43] - Total liabilities decreased from CNY 7,325,906,860.18 to CNY 6,881,778,983.08, a decrease of approximately 6.1%[43] - Total assets decreased from CNY 19,937,627,039.80 to CNY 19,840,766,638.91, a decrease of about 0.5%[45] - Cash and cash equivalents decreased from CNY 3,161,640,699.56 to CNY 3,011,825,348.63, a decrease of approximately 4.7%[45] - Accounts receivable increased significantly from CNY 288,519,959.26 to CNY 463,060,741.33, an increase of about 60.5%[45] - Inventory increased from CNY 289,682,387.80 to CNY 504,054,491.50, an increase of approximately 74.2%[45] - The company's retained earnings increased from CNY 10,282,474,601.85 to CNY 10,585,239,248.76, an increase of about 2.9%[43] - The total equity attributable to shareholders increased from CNY 12,611,689,842.78 to CNY 12,958,263,227.65, an increase of approximately 2.8%[43] Production and Market Conditions - The company produced 2.2675 million tons of self-produced coal during the first quarter of 2024[38] - The company’s washing coal output was 107,140 tons, and electricity generation reached 947 million kWh[38] - The company is actively managing costs and stabilizing production to address the adverse impacts of the coal market downturn[22] - The company received government subsidies amounting to CNY 4,406,249.49, which are closely related to its normal business operations[20] Legal Matters - The company is currently involved in a legal dispute regarding a coal mine acquisition, with a claim amounting to CNY 18,272.1 million plus interest[40]