ZMNY(SH:600163)2024-05-05 07:38Financial Performance - Total operating revenue for Q1 2024 was CNY 465.30 million, a decrease of 16.06% from CNY 554.40 million in Q1 2023[22] - Operating profit for Q1 2024 was CNY 262.42 million, down 24.5% from CNY 347.74 million in Q1 2023[23] - Net profit for Q1 2024 was CNY 224.29 million, a decline of 23.2% compared to CNY 292.25 million in Q1 2023[23] - Basic earnings per share for Q1 2024 was CNY 0.1118, down from CNY 0.1436 in Q1 2023[23] - The company reported a net profit attributable to shareholders for Q1 2024 was CNY 8,386,608.62, after accounting for non-recurring gains and losses[5] - The company’s net profit attributable to shareholders was ¥212,703,632.88, down 22.18% year-over-year[36] Assets and Liabilities - In Q1 2024, the total assets of China Minmetals Energy Co., Ltd. amounted to CNY 11,630,049,170.74, an increase from CNY 11,524,049,083.57 in Q4 2023[20] - The total liabilities decreased to CNY 4,970,979,334.41 from CNY 5,094,370,942.19, showing a reduction of approximately 2.4%[20] - Accounts receivable increased to CNY 2,638,952,210.39 from CNY 2,445,437,473.57, reflecting a rise of about 7.9%[19] - The company’s total current assets decreased from ¥3.46 billion to ¥3.37 billion year-over-year[52] - Total liabilities amounted to CNY 2,216,313,600.40, a decrease from CNY 2,321,923,779.65 in the previous period[61] Cash Flow - Cash flow from operating activities for Q1 2024 was CNY 174.75 million, a decrease of 35.2% from CNY 270.06 million in Q1 2023[26] - The net cash flow from operating activities for Q1 2024 was CNY 36,729,417.48, significantly lower than CNY 333,253,468.51 in Q1 2023[64] - Operating cash inflow for Q1 2024 was CNY 378,716,440.37, down 52.8% from CNY 800,779,752.53 in Q1 2023[64] - The company reported a net cash flow from investing activities of CNY 475,877,584.53 in Q1 2024, compared to a negative cash flow of CNY -398,474,915.08 in Q1 2023[64] - The company received CNY 950,000,000.00 from investment recoveries in Q1 2024, a significant increase from CNY 325,000,000.00 in Q1 2023[64] Equity and Shareholder Information - The total equity attributable to shareholders increased to CNY 6,467,791,882.95 from CNY 6,250,363,292.22, marking a growth of about 3.5%[20] - The total equity of the company reached CNY 5,301,008,774.60, slightly up from CNY 5,292,793,602.98[61] - The total number of ordinary shareholders at the end of the reporting period was 53,464, indicating a stable shareholder base[12] Expenses - Research and development expenses for Q1 2024 were CNY 436,893.21, with no prior year data available[22] - Total operating costs for Q1 2024 were CNY 215.35 million, slightly down from CNY 217.95 million in Q1 2023[22] - Tax expenses for Q1 2024 were CNY 38.22 million, compared to CNY 55.49 million in Q1 2023, reflecting a decrease of 30.2%[23] - The company incurred total operating expenses of CNY 6,011,310.40 in Q1 2024, slightly down from CNY 6,031,262.19 in Q1 2023[64] Inventory and Non-current Assets - Inventory increased to ¥41,879,599.31 from ¥31,965,633.50 in the previous year[44] - Non-current assets totaled ¥7,363,900,319.21, down from ¥7,482,927,309.68 year-over-year[44] Financial Ratios - The weighted average return on equity decreased by 1.2924 percentage points to 3.3449%[36]