中钢国际(000928) - 2024 Q1 - 季度财报

Cash Flow and Operating Activities - The company's cash flow from operating activities for the first quarter was -2,792,434,632.07 CNY, a significant decrease compared to -893,711,474.63 CNY in the previous period[10] - Total cash inflow from operating activities was 2,170,486,096.26 CNY, down from 4,383,644,587.57 CNY year-on-year[10] - Cash outflow from operating activities totaled 4,962,920,728.33 CNY, compared to 5,277,356,062.20 CNY in the previous period[10] - The company experienced a decrease in cash received from tax refunds, amounting to 191,757,233.30 CNY, compared to 78,548,316.34 CNY in the previous period[11] - The net cash flow from operating activities was negative CNY 2,792,434,632.07, a decline of 212.45% compared to negative CNY 893,711,474.63 in the previous year[38] Investment Activities - The company did not recover any cash from investments during the first quarter, contrasting with 1,336,485,980.23 CNY in the previous period[11] - Cash outflow from investment activities was 1,667,499.02 CNY, compared to 8,520,606.57 CNY in the previous period[11] Revenue and Profit - Total revenue for the reporting period was 4,605,941,152.48 RMB, an increase from 4,382,069,325.71 RMB in the previous period[31] - Net profit for the period reached 223,676,924.84 RMB, compared to 216,154,124.97 RMB in the prior period, reflecting a growth of approximately 2.3%[31] - The company’s operating revenue for Q1 2024 was CNY 4,901,352,825.93, a decrease of 4.07% compared to CNY 5,109,464,489.55 in the same period last year[38] - Net profit attributable to shareholders increased by 3.26% to CNY 214,868,949.92 from CNY 208,083,570.15 year-on-year[38] - The company reported a profit before tax of 300,852,351.91 RMB, an increase from 287,412,354.70 RMB in the previous period[31] Shareholder Information - The total number of common shareholders at the end of the reporting period was 66,790[25] - The largest shareholder, China Steel Corporation, holds 28.32% of the shares, with a total of 406,262,246 shares[25] - The company has a significant number of pledged shares, with 386,209,111 shares under pledge by China Steel Corporation[25] Assets and Liabilities - Total assets decreased by 7.06% to CNY 27,879,431,534.29 from CNY 29,998,220,368.56 at the end of the previous year[38] - The company's cash and cash equivalents at the end of the period were CNY 5,113,786,961.04, down from CNY 6,292,256,165.62 at the end of the previous year[38] - Total liabilities amounted to CNY 19,453,134,085.07, a decrease of 10.8% from CNY 21,829,254,858.88 in the previous period[46] - The company reported a decrease in current liabilities to CNY 19,076,099,607.27 from CNY 21,442,279,845.77, a reduction of 10.5%[46] - The total liabilities decreased, with short-term borrowings dropping to CNY 75,881,115.27 from CNY 370,038,194.44 year-on-year[44] Equity and Earnings - Total equity increased to CNY 8,426,297,449.22 from CNY 8,168,965,509.68, representing a growth of 3.2%[46] - Retained earnings increased to CNY 3,595,541,084.28 from CNY 3,380,672,134.36, showing a growth of 6.4%[46] - Basic earnings per share for the current period was CNY 0.1498, down from CNY 0.1624 in the previous period, indicating a decline of 15.9%[48] Comprehensive Income - The total comprehensive income for the current period was CNY 219,520,310.26, compared to CNY 212,761,674.84 in the previous period, reflecting an increase of 3.6%[48] - Other comprehensive income after tax was CNY -4,156,614.58, compared to CNY -3,392,450.13 in the previous period, indicating a decline[48] Expenses - Research and development expenses amounted to 51,259,961.92 RMB, slightly down from 55,965,703.80 RMB in the previous period[31] - The total operating costs were reported at 4,891,116,372.77 RMB, up from 4,654,698,249.39 RMB in the last period[31] - The company reported a decrease in financial expenses due to a significant reduction in bank loans and convertible bonds compared to the same period last year[40] Future Outlook - The company is exploring market expansion opportunities and potential mergers and acquisitions to enhance growth[27] - Future outlook includes continued investment in technology and product development to drive revenue growth[27] Audit and Compliance - The first quarter report was not audited, indicating that the financial data may be subject to adjustments[12] - The company has not reclassified any non-recurring gains or losses as recurring items, maintaining compliance with disclosure regulations[18]