Financial Performance - The company's operating revenue for Q1 2024 was CNY 46,121,379,515.86, representing a year-on-year increase of 4.15%[15] - Net profit attributable to shareholders was CNY 2,071,690,611.96, showing a significant increase of 553.28% compared to the same period last year[15] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,091,340,863.16, reflecting a year-on-year increase of 3,082.87%[15] - The net cash flow from operating activities was CNY 5,477,822,704.96, up by 17.98% year-on-year[15] - Basic and diluted earnings per share were both CNY 0.100, an increase of 566.67% compared to the previous year[15] - Operating profit for Q1 2024 was CNY 3.53 billion, significantly up from CNY 436.47 million in Q1 2023[28] - The company reported a total comprehensive income of CNY 2.67 billion for Q1 2024, compared to a loss of CNY 1.14 billion in Q1 2023[29] Production and Sales - In Q1 2024, copper production reached 147,494 tons, a year-on-year increase of 122.86%, while sales increased by 4,361.34 tons[21] - Cobalt production surged to 25,202 tons, reflecting a 392.23% year-on-year increase, with sales up by 2,386.88 tons[21] - Molybdenum production decreased by 15.66% to 3,474 tons, but sales increased by 19.52%[21] - The company's revenue from copper was approximately CNY 8.63 billion, with a gross margin of 48.07%[22] - Cobalt revenue amounted to about CNY 2.05 billion, with a gross margin of 36.61%[22] - Molybdenum revenue was CNY 1.28 billion, showing a year-on-year increase of 29.03%[22] Assets and Equity - Total assets at the end of the reporting period were CNY 177,594,836,148.41, a 2.67% increase from the end of the previous year[15] - Equity attributable to shareholders was CNY 61,976,352,450.81, representing a year-on-year increase of 4.09%[15] - Total assets as of March 31, 2024, were CNY 177.59 billion, compared to CNY 172.97 billion at the end of 2023[26] - The total equity attributable to shareholders of the parent company increased to CNY 61.98 billion in Q1 2024, up from CNY 59.54 billion in Q1 2023[28] Cash Flow and Investments - The company's cash and cash equivalents increased to CNY 31.14 billion from CNY 30.72 billion year-on-year[26] - Total cash inflow from investment activities was CNY 2,325,876,508.79, significantly up from CNY 896,602,356.24 in the same period last year[31] - The net cash flow from investment activities was CNY -2,953,578,573.40, an improvement from CNY -5,168,503,033.00 in Q1 2023[31] - Cash inflow from financing activities totaled CNY 30,170,629,113.79, down from CNY 33,746,324,482.07 in Q1 2023[31] - The total cash and cash equivalents at the end of Q1 2024 were CNY 26,523,250,015.30, slightly down from CNY 26,654,930,129.13 at the end of Q1 2023[31] Cost Management and R&D - The overall cost of production decreased compared to the same period last year, contributing to a rise in profits[25] - Research and development expenses in Q1 2024 amounted to CNY 51.80 million, up from CNY 36.14 million in Q1 2023, reflecting a focus on innovation[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 209,582[18]
洛阳钼业(603993) - 2024 Q1 - 季度财报