湖北宜化(000422) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥4,197,783,717.83, a decrease of 11.03% compared to ¥4,718,236,820.44 in the same period last year[14] - Net profit attributable to shareholders was ¥136,816,124.18, down 37.84% from ¥220,099,824.27 year-on-year[14] - The net profit after deducting non-recurring gains and losses was ¥101,157,269.01, a decline of 51.19% compared to ¥207,258,135.00 in the previous year[14] - The total operating revenue for the current period is approximately ¥4.20 billion, a decrease of 11.00% from ¥4.72 billion in the previous period[38] - Net profit for the current period is approximately ¥194.68 million, a decrease of 30.14% compared to ¥278.53 million in the previous period[39] - The company reported a profit before tax of approximately ¥229.64 million, down 23.05% from ¥298.39 million in the previous period[39] - The total comprehensive income for the current period is approximately ¥197.22 million, compared to ¥278.56 million in the previous period[39] Cash Flow - The net cash flow from operating activities was ¥296,543,315.12, a significant drop of 68.94% from ¥954,629,881.77 in the same quarter last year[14] - Cash inflow from operating activities totaled ¥2,643,422,945.97, down 22.8% from ¥3,424,718,323.80 in the prior period[41] - Cash outflow from operating activities was ¥2,346,879,630.85, a slight decrease of 5% compared to ¥2,470,088,442.03 last year[41] - The net cash flow from investing activities was -¥685,024,045.84, worsening from -¥441,796,408.46 in the previous period[41] - Cash inflow from financing activities reached ¥2,511,768,579.28, significantly up from ¥876,311,538.81 in the last period[42] - The net cash flow from financing activities was ¥1,091,578,592.70, compared to a negative cash flow of -¥243,981,436.21 in the previous period[42] - The ending balance of cash and cash equivalents was ¥2,973,639,833.99, down from ¥3,289,036,241.47 in the prior period[42] Assets and Liabilities - Total assets at the end of the reporting period were ¥22,355,171,028.57, an increase of 4.30% from ¥21,434,333,757.47 at the end of the previous year[14] - The company's equity attributable to shareholders increased by 8.64% to ¥7,142,520,013.50 from ¥6,574,480,657.91 at the end of the previous year[14] - Total liabilities rose to CNY 13.80 billion, compared to CNY 12.78 billion, indicating an increase of approximately 7.9%[34] - Current assets rose to CNY 6.30 billion, compared to CNY 5.64 billion at the beginning of the period, an increase of about 11.7%[34] - Short-term borrowings increased significantly to CNY 2.14 billion, up from CNY 1.57 billion, marking an increase of about 36.5%[34] - Owner's equity attributable to the parent company increased to CNY 7.14 billion from CNY 6.57 billion, a growth of about 8.7%[37] Shareholder Information - The total number of common shareholders at the end of the reporting period is 120,731, with the top 10 shareholders holding 54.05% of the shares[20] - Hubei Yihua Group holds 20.79% of the shares, amounting to 219,952,744 shares, with 50,505,050 shares pledged[20] - The controlling shareholder, Yihua Group, plans to increase its stake in the company by purchasing shares worth between 150 million and 300 million RMB over six months, having already acquired 14,480,847 shares, representing 1.37% of the total share capital[28] Investments and Projects - The company has acquired 32.43% of Hubei Yihua Fertilizer Co., Ltd., which has become a wholly-owned subsidiary as of March 29, 2024[26][27] - The company’s investment cash outflow increased by 353%, attributed to the acquisition of minority equity in Hubei Yihua Fertilizer Co., Ltd.[17] - The clean coal gasification project has reached a usable state, further reducing comprehensive costs and securing raw material supply[25] Other Income and Expenses - Other income increased significantly to approximately ¥53.52 million, up from ¥13.93 million in the previous period[38] - The company reported a decrease in financial expenses to approximately ¥45.77 million, down from ¥59.90 million in the previous period[38] - The company’s investment income from joint ventures decreased to approximately ¥119.90 million, down from ¥179.58 million in the previous period[38] - R&D expenses decreased to approximately ¥123.65 million, down 14.83% from ¥145.12 million in the previous period[38]