双环传动(002472) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,655,074,189.08, representing a 40.92% increase compared to ¥1,174,483,110.34 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥118,697,565.47, a significant increase of 124.05% from ¥52,978,658.79 in Q1 2021[4] - The net profit after deducting non-recurring gains and losses was ¥107,102,898.98, up 145.13% from ¥43,692,708.87 year-on-year[4] - Basic and diluted earnings per share for Q1 2022 were both ¥0.15, an increase of 87.50% compared to ¥0.08 in Q1 2021[4] - Net profit for Q1 2022 was ¥124,748,408.47, representing a 104.0% increase compared to ¥61,004,890.90 in Q1 2021[15] - The company reported a total profit of ¥139,039,372.23 for Q1 2022, up from ¥64,193,654.07 in the same period last year[15] Cash Flow - The company's cash flow from operating activities showed a net amount of ¥17,642,948.18, down 88.73% from ¥156,504,499.98 in the previous year[4] - Total operating cash inflow for Q1 2022 was ¥1,173,688,562.44, an increase from ¥1,036,793,077.93 in Q1 2021, representing a growth of approximately 13.2%[18] - Net cash flow from operating activities was ¥17,642,948.18, a significant decrease from ¥156,504,499.98 in the same period last year[18] - Cash outflow from investing activities totaled ¥304,790,724.00, up from ¥147,361,571.68 in Q1 2021, indicating an increase of about 106.5%[18] - Net cash flow from financing activities was ¥387,342,464.72, compared to a negative cash flow of -¥53,110,937.63 in Q1 2021, showing a turnaround in financing[18] - The ending balance of cash and cash equivalents increased to ¥437,479,169.47 from ¥288,934,926.03 year-over-year, reflecting a growth of approximately 51.5%[18] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥10,361,521,561.88, reflecting a 5.48% increase from ¥9,823,470,714.72 at the end of the previous year[4] - Total current assets as of March 31, 2022, amount to ¥4,100,386,332.58, an increase from ¥3,761,392,768.29 at the beginning of the year[12] - Total liabilities include short-term borrowings of ¥2,131,908,431.22, up from ¥1,891,511,223.78[12] - The total liabilities as of Q1 2022 amounted to ¥5,252,122,920.10, up from ¥4,830,937,043.77 in the previous year[15] - Total equity for Q1 2022 was ¥5,109,398,641.78, compared to ¥4,992,533,670.95 in Q1 2021[15] Research and Development - The company's R&D expenditure for Q1 2022 was ¥64,018,804.94, which is a 46.85% increase from ¥43,594,417.43 in the same period last year[6] - Research and development expenses for Q1 2022 were ¥64,018,804.94, an increase from ¥43,594,417.43 in Q1 2021[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 30,987[8] - The largest shareholder, Wu Changhong, holds 7.71% of shares, totaling 59,968,992 shares[8] Inventory and Receivables - The company reported accounts receivable of ¥1,531,533,670.87, an increase from ¥1,288,838,390.68[11] - Inventory as of March 31, 2022, is valued at ¥1,417,708,699.35, down from ¥1,530,880,357.48[11] Other Financial Metrics - Long-term borrowings increased by 55.34% to ¥813,240,891.74 from ¥523,515,793.02 at the end of the previous year[6] - The company reported a significant increase in investment activities, with cash outflow of ¥304,548,876.00, up 107.15% from ¥147,020,610.78 in the previous year[6] - Cash paid to employees increased to ¥235,755,666.77 from ¥177,353,353.84, marking a rise of about 32.9%[18] - Cash paid for taxes decreased to ¥21,546,405.20 from ¥38,129,378.30, a reduction of approximately 43.5%[18] - Cash outflow for debt repayment was ¥368,626,026.00, compared to ¥246,043,811.17 in the previous year, which is an increase of approximately 49.8%[18] Audit Information - The company did not undergo an audit for the Q1 2022 report[19]