白银有色(601212) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 22,197,199,671.92, representing a year-on-year increase of 5.66%[4] - The net profit attributable to shareholders was a loss of CNY 84,472,058.29, with a basic earnings per share of -0.0114[4] - Total operating revenue for Q1 2024 reached ¥22,197,199,671.92, an increase of 5.65% compared to ¥21,007,201,943.59 in Q1 2023[19] - Net profit for Q1 2024 was ¥26,607,612.66, a decrease of 48.14% from ¥51,436,278.18 in Q1 2023[20] - The total comprehensive income attributable to shareholders of the parent company for Q1 2024 was ¥47,266,946.41, a significant recovery from a loss of ¥337,350,660.32 in Q1 2023[20] - The net profit attributable to the parent company for Q1 2024 was -37,205,111.88 RMB, compared to -405,638,271.43 RMB in Q1 2023, showing a significant improvement[21] - The total comprehensive income for Q1 2024 was 143,302,831.27 RMB, compared to -218,139,813.52 RMB in the same period last year[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 48,475,344,735.20, an increase of 1.05% compared to the end of the previous year[5] - The company's total liabilities as of Q1 2024 amounted to ¥30,730,131,815.64, slightly up from ¥30,366,390,270.76 in the previous year[18] - Non-current liabilities increased to ¥8,907,417,485.12 in Q1 2024, compared to ¥7,479,492,758.98 in Q1 2023, marking a rise of 19.14%[18] - The total equity attributable to shareholders of the parent company was ¥14,919,681,696.81, a slight decrease from ¥14,935,358,263.82 in the same period last year[18] - The company's total current assets as of March 31, 2024, amounted to approximately RMB 27.87 billion, compared to RMB 27.24 billion at the end of 2023[16] - The total assets of the company reached approximately RMB 48.48 billion as of March 31, 2024, compared to RMB 47.97 billion at the end of 2023[16] Cash Flow - The net cash flow from operating activities was CNY 318,061,213.52, indicating an increase in cash inflow from product sales[4] - Operating cash inflow for Q1 2024 was 25,715,372,380.59 RMB, slightly up from 25,414,519,712.60 RMB in Q1 2023[22] - The net cash flow from operating activities for Q1 2024 was 318,061,213.52 RMB, a turnaround from -393,770,970.37 RMB in Q1 2023[24] - Cash flow from investing activities for Q1 2024 was -168,331,660.61 RMB, compared to 11,101,226.54 RMB in Q1 2023, indicating increased investment outflows[24] - Cash flow from financing activities for Q1 2024 was 387,020,330.06 RMB, down from 1,773,820,811.26 RMB in Q1 2023, reflecting reduced financing inflows[24] - The company received 5,086,009,646.15 RMB in borrowings during Q1 2024, an increase from 4,906,393,988.11 RMB in Q1 2023[24] - The company paid 4,186,621,581.30 RMB in debt repayments in Q1 2024, significantly higher than 2,683,431,984.13 RMB in Q1 2023[24] Production and Operations - In Q1 2024, the company produced a total of 208,700 tons of copper, zinc, and lead products, representing a year-on-year increase of 10.41%[13] - Copper production reached 90,300 tons, up 12% year-on-year; zinc production was 113,000 tons, an increase of 9.65%; lead production was 5,400 tons, up 0.97%[14] - Gold production was 3,256 kg, a significant increase of 44.2% compared to the same period last year; silver production reached 120 tons, growing by 96.78%[14] - The company aims to maximize production capacity through the procurement of raw materials, which has positively impacted the output of silver products[14] Contract Liabilities - The company reported a significant increase in contract liabilities by 57.82% due to unfulfilled product sales at the end of the period[8] - The company’s contract liabilities increased to approximately RMB 2.18 billion from RMB 1.38 billion at the end of 2023[16] Research and Development - Research and development expenses for Q1 2024 were ¥15,140,408.44, compared to ¥13,630,029.95 in Q1 2023, indicating an increase of 11.06%[19] Foreign Exchange and Accounting - The company reported a foreign exchange loss of ¥56,766,455.37 in Q1 2024, compared to a loss of ¥221,926,009.02 in Q1 2023[20] - The company did not apply new accounting standards for the first time in 2024[25]