晋控煤业(601001) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 3,657,914,081.77, representing a decrease of 1.53% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 780,295,115.38, an increase of 9.77% year-on-year[4] - Basic earnings per share for the period was CNY 0.47, reflecting an increase of 11.90%[5] - The net profit attributable to shareholders for the quarter is not explicitly stated but is implied to be positive based on the revenue growth and operational performance[12] - Total operating revenue for Q1 2024 was ¥3,657,914,081.77, a decrease of 1.52% compared to ¥3,714,705,253.96 in Q1 2023[16] - Net profit for Q1 2024 was ¥1,059,289,468.90, up 1.45% from ¥1,040,246,480.20 in Q1 2023[17] - Total profit for Q1 2024 was ¥1,360,596,424.62, slightly up from ¥1,353,401,623.04 in Q1 2023[17] - Operating profit for Q1 2024 increased significantly to ¥131,805,658.51, compared to only ¥5,833,510.06 in Q1 2023[25] - Net profit for Q1 2024 reached ¥131,779,163.39, a substantial increase from ¥5,833,223.31 in the same period last year[26] - The total comprehensive income for Q1 2024 was ¥131,779,163.39, a significant increase from ¥5,833,223.31 in Q1 2023, showcasing overall financial growth[26] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 42.51% to CNY 1,139,149,563.58 due to increased payments for materials and parts[8] - Cash flow from operating activities for Q1 2024 was ¥1,139,149,563.58, down from ¥1,981,382,899.76 in Q1 2023[19] - The company's cash and cash equivalents reached 16.088 billion RMB, up from 15.209 billion RMB, indicating an increase of about 5.76%[13] - The company's cash and cash equivalents at the end of Q1 2024 amounted to ¥16,074,743,463.72, up from ¥18,818,728,233.64 at the end of December 2023, indicating a decrease of about 14.67%[24] - The company's net cash flow from investing activities for Q1 2024 was -¥97,294,135.93, a decrease from -¥238,876,003.93 in the previous period, showing an improvement of about 59.32%[22] - The company's cash flow from financing activities for Q1 2024 was -¥162,942,318.33, compared to -¥1,722,805,137.99 in the previous period, indicating a significant improvement of approximately 90.54%[22] Assets and Liabilities - Total assets at the end of the period were CNY 38,448,536,007.83, up 2.05% from the end of the previous year[5] - As of March 31, 2024, total assets amounted to 38.449 billion RMB, an increase from 37.675 billion RMB at the end of 2023, reflecting a growth of approximately 2.05%[15] - The total liabilities as of March 31, 2024, were ¥23,922,750,200.72, compared to ¥22,713,295,935.75 at the end of December 2023, reflecting an increase of approximately 5.31%[23] - Total current liabilities rose to 9.249 billion RMB from 8.762 billion RMB, an increase of approximately 5.55%[15] - The total equity of the company as of March 31, 2024, was ¥5,746,015,350.56, an increase from ¥5,614,236,187.17 at the end of December 2023, representing a growth of about 2.34%[24] Operational Metrics - In Q1 2024, the company produced 8.4491 million tons of raw coal and sold 6.9533 million tons of commercial coal, generating sales revenue of 3.545 billion RMB[12] - The company reported a significant increase in contract liabilities by 55.74% due to higher advance payments received[8] - The number of ordinary shareholders at the end of the reporting period was 45,069[10] Cost Management - Total operating costs decreased to ¥2,460,196,267.93 from ¥2,526,094,373.17, reflecting a reduction of 2.61%[16] - The company reported a decrease in management expenses to ¥110,039,382.45 from ¥188,301,092.01, a reduction of 41.49%[16] - Financial expenses decreased significantly to ¥15,633,674.17 from ¥104,634,369.72, a reduction of 85.05%[16] - The company reported a decrease in sales expenses to ¥19,733,126.38 in Q1 2024 from ¥22,930,706.97 in Q1 2023, reflecting a cost-saving strategy[25] - Management expenses decreased significantly to ¥49,624,251.16 in Q1 2024 from ¥111,648,026.40 in Q1 2023, indicating improved operational efficiency[25] - Financial expenses showed a notable reduction, with interest expenses decreasing to ¥25,337,151.22 in Q1 2024 from ¥72,892,218.29 in Q1 2023[25] Investments and Income - The company's long-term equity investments increased to 6.224 billion RMB from 6.066 billion RMB, reflecting a growth of about 2.61%[14] - Investment income for Q1 2024 was ¥166,618,976.96, slightly up from ¥164,583,172.80 in Q1 2023[16] - The company generated other income of ¥993,985.62 in Q1 2024, compared to ¥558,560.60 in Q1 2023, indicating a positive trend in ancillary revenue streams[25]