中矿资源(002738) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,126,629,911.71, a decrease of 45.63% compared to ¥2,072,197,719.21 in the same period last year[3] - Net profit attributable to shareholders for Q1 2024 was ¥256,150,429.61, down 76.63% from ¥1,095,883,953.80 year-on-year[3] - Basic earnings per share for Q1 2024 were ¥0.3513, down 79.28% from ¥1.6957 in the same quarter last year[3] - Total operating revenue for the current period is 1,126,629,911.71, a decrease from 2,072,197,719.21 in the previous period, representing a decline of approximately 45.4%[13] - Net profit for the current period is 251,426,129.15, down from 1,093,375,899.23, indicating a decrease of approximately 77.0%[14] - Total comprehensive income for the current period is 245,473,025.93, significantly lower than 1,043,083,529.86 from the previous period, a decline of approximately 76.5%[14] Cash Flow - The net cash flow from operating activities was -¥105,936,459.82, a decline of 124.10% compared to ¥439,518,174.24 in Q1 2023[6] - In Q1 2024, the net cash flow from financing activities was -423,745,998.06 CNY, a significant decrease compared to 2,969,165,147.39 CNY in the same period last year[16] - The total cash and cash equivalents at the end of Q1 2024 were 3,798,326,011.44 CNY, down from 5,445,804,306.14 CNY at the end of Q1 2023[16] - The cash inflow from financing activities totaled 153,602,098.08 CNY, compared to 3,321,631,853.18 CNY in Q1 2023[16] - Cash outflow from financing activities was 577,348,096.14 CNY, an increase from 352,466,705.79 CNY in the previous year[16] - The cash and cash equivalents net increase for Q1 2024 was -583,069,122.03 CNY, contrasting with an increase of 3,209,944,872.09 CNY in Q1 2023[16] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥15,511,620,759.77, a decrease of 2.35% from ¥15,884,832,497.44 at the end of the previous year[3] - Current assets decreased to CNY 7,521,800,515.20 from CNY 8,062,876,935.97, reflecting a reduction of about 6.71%[10] - Total liabilities decreased to CNY 3,066,298,385.46 from CNY 3,661,359,349.19, a reduction of about 16.25%[11] - The company's short-term borrowings decreased to CNY 691,181,764.90 from CNY 913,668,144.58, a decline of about 24.29%[11] - The company's total non-current assets rose to CNY 7,989,820,244.57 from CNY 7,821,955,561.47, an increase of about 2.14%[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 74,222[7] - The largest shareholder, China Nonferrous Metal Mining Group Co., Ltd., holds 13.97% of shares, totaling 101,920,000 shares[7] - The second largest shareholder, Hong Kong Central Clearing Limited, holds 3.28% of shares, totaling 23,928,303 shares[7] - The third largest shareholder, Sun Meichun, holds 2.68% of shares, totaling 19,544,346 shares[7] - The report indicates no significant changes in the shareholding structure among the top ten shareholders[8] - The company has not disclosed any related party relationships among the top shareholders, except for the controlling shareholder[8] Strategic Initiatives - The company plans to acquire a total of 65% equity in Junction Mining Limited for a cash consideration of $58.5 million, enhancing its copper resource portfolio[9] - The company is focused on accelerating its strategic layout in copper resource mining development[9] Other Financial Metrics - The company reported a significant increase in government subsidies, totaling ¥28,190,518.28, up 1207.07% from ¥2,156,774.77 in Q1 2023[5] - The cash flow from investing activities was ¥31,433,233.08, compared to -¥178,844,025.03 in the same period last year, indicating a recovery in cash inflow[6] - The company experienced a 245.18% increase in financial expenses, amounting to ¥136,054,149.68, primarily due to increased foreign exchange losses[5] - Accounts receivable increased by 37.15% to ¥512,449,556.93, attributed to a rise in receivables during the reporting period[5] - Contract liabilities rose by 85.96% to ¥58,771,727.00, mainly due to an increase in advance payments received[5] - Research and development expenses decreased to 13,432,780.13 from 37,960,633.28, a reduction of about 64.6%[13]