电工合金(300697) - 2022 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2022 was CNY 470,206,727.77, representing a 6.80% increase compared to CNY 440,282,582.11 in the same period last year[2]. - The net profit for Q1 2022 was CNY 34,934,742.76, a decrease of 15.5% compared to CNY 41,493,983.48 in Q1 2021[18]. - Net profit attributable to shareholders decreased by 15.94% to CNY 34,883,220.51 from CNY 41,500,110.05 year-on-year[2]. - The total comprehensive income attributable to the parent company was CNY 39,252,544.49, a decrease from CNY 42,047,774.57 in the same period last year[19]. - The operating profit for Q1 2022 was CNY 38,849,438.38, down 22.9% from CNY 50,324,382.68 in Q1 2021[18]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 48.34%, reaching CNY -21,124,893.92 compared to CNY -40,891,525.50 in the previous year[2]. - The cash flow from operating activities showed a net outflow of CNY 21,124,893.92, an improvement from a net outflow of CNY 40,891,525.50 in the previous year[21]. - The cash flow from investing activities resulted in a net outflow of CNY 22,229,258.18, compared to a net outflow of CNY 39,476,718.07 in Q1 2021[22]. - The cash and cash equivalents at the end of Q1 2022 were CNY 38,542,087.70, a decrease from CNY 121,540,242.95 at the end of Q1 2021[22]. - Cash and cash equivalents at the end of Q1 2022 were CNY 132,347,555.54, slightly down from CNY 133,827,964.87 at the beginning of the year[13]. Assets and Liabilities - Total assets increased by 3.22% to CNY 1,489,722,985.46 from CNY 1,443,279,520.45 at the end of the previous year[2]. - Total liabilities increased to CNY 531,644,744.50 in Q1 2022, up from CNY 524,505,346.23 at the start of the year, marking a 1.0% increase[14]. - Total assets as of March 31, 2022, were CNY 1,489,722,985.46, compared to CNY 1,443,279,520.45 at the beginning of the year, reflecting a growth of 3.2%[14]. Inventory and Costs - The company's inventory rose by 30.06% to CNY 419,816,918.50 due to logistics disruptions caused by the COVID-19 pandemic[7]. - The total operating costs for Q1 2022 amounted to CNY 434,501,855.26, up 11.7% from CNY 389,003,103.09 in Q1 2021[17]. - The gross profit margin for Q1 2022 was approximately 7.6%, down from the previous year's margin due to increased costs[17]. - Inventory levels increased to CNY 419,816,918.50 in Q1 2022, up from CNY 322,797,056.11 at the start of the year, indicating a 30.0% rise[13]. Shareholder Information - The company had a total of 18,220 common shareholders at the end of the reporting period[10]. - The basic and diluted earnings per share for Q1 2022 were both CNY 0.105, down from CNY 0.125 in Q1 2021[19]. Tax and Financial Expenses - The company reported a 54.15% decrease in income tax expenses, amounting to CNY 3,915,814.93, attributed to a reduction in total profit[8]. - The company reported a tax expense of CNY 3,915,814.93 for Q1 2022, down from CNY 8,540,835.29 in Q1 2021[18]. - Financial expenses surged by 116.97% to CNY 3,627,668.34, primarily due to increased discount interest expenses[8]. Research and Development - Research and development expenses for Q1 2022 were CNY 8,353,062.51, an increase from CNY 7,676,553.19 in the previous year, indicating a focus on innovation[17]. Foreign Exchange - The company experienced a foreign exchange loss of CNY 116,350.77 during the quarter[22].