中国稀土(000831) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,207,874,320.48, representing a 56.88% increase compared to ¥769,957,639.40 in the same period last year[3] - Net profit attributable to shareholders was ¥168,088,390.59, up 65.59% from ¥101,511,014.86 year-on-year[3] - The total comprehensive income for the period was CNY 169,166,484.08, compared to CNY 102,009,996.88 in the previous year, indicating a growth of 65.8%[21] - Basic earnings per share for Q1 2022 were CNY 0.1714, compared to CNY 0.1035 in the same quarter last year, reflecting a 65.5% increase[21] Cash Flow - The net cash flow from operating activities reached ¥201,526,128.37, a significant improvement of 190.01% compared to a negative cash flow of -¥223,900,590.20 in the previous year[10] - Total cash inflow from operating activities is ¥983,905,363.72, up from ¥607,917,221.02 in the previous period, reflecting a growth of approximately 61.5%[22] - Cash outflow from operating activities decreased to ¥782,379,235.35 from ¥831,817,811.22, showing a reduction of about 5.9%[23] - The net cash flow from financing activities is negative at -¥169,204,671.96, compared to a positive cash flow of ¥112,909,096.63 in the previous period[23] Assets and Liabilities - The company's total assets increased by 3.80% to ¥4,024,065,531.68 from ¥3,876,772,302.44 at the end of the previous year[3] - The total liabilities decreased to 890,190,188.51 yuan from 1,071,107,724.63 yuan for short-term borrowings[16] - The company's total liabilities amounted to CNY 1,152,240,362.28, a decrease from CNY 1,175,333,023.55 in the previous year[18] - The total equity attributable to shareholders of the parent company increased to CNY 2,769,611,934.81, compared to CNY 2,600,438,972.83 in the prior year[18] Operating Costs and Expenses - The company reported a 50.23% rise in operating costs, totaling ¥938,857,193.56, in line with the increase in revenue[9] - Operating costs for the quarter were CNY 979,876,672.15, an increase from CNY 645,198,168.18 in the previous year, reflecting a rise of 52.0%[19] - The financial expenses increased by 126.74% to ¥10,518,924.39, attributed to higher interest expenses from increased bank borrowings[9] - The company reported a decrease in financial expenses to CNY 10,518,924.39 from CNY 4,639,263.99 in the previous year, indicating a significant increase in interest expenses[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 221,321[12] - The largest shareholder, Wenguang Rare Earth Group Co., Ltd., holds 23.98% of shares, totaling 235,228,660 shares[12] - The total equity held by the controlling shareholder, China Rare Earth Group, is 393,153,411 shares, representing 40.08% of the total share capital[14] Strategic Changes - The company is undergoing a strategic restructuring involving the transfer of shares to China Rare Earth Group, which is expected to enhance resource allocation and integration[14] Inventory and Receivables - Accounts receivable surged by 1,257.58% to ¥225,749,199.83, primarily due to increased sales activities[7] - Accounts receivable increased significantly to 321,837,974.24 yuan from 203,070,069.41 yuan[15] - The company’s inventory stands at 2,280,604,734.20 yuan, down from 2,381,074,931.67 yuan[16] Research and Development - Research and development expenses for the quarter were CNY 3,558,363.77, slightly higher than CNY 3,318,597.51 in the previous year[19] Audit Status - The company has not undergone an audit for the first quarter report[24]