Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,128,449,754.40, representing a decrease of 38.12% compared to the same period last year[2] - The net profit attributable to shareholders was CNY -12,318,793.85, and the net profit after deducting non-recurring gains and losses was CNY -32,605,115.28[2] - The total operating profit for Q1 2022 was -39,815,704.50 CNY, slightly improved from -40,546,065.99 CNY in Q1 2021, representing a decrease of 1.8%[23] - The net profit for Q1 2022 was -32,073,817.66 CNY, compared to -38,264,237.74 CNY in Q1 2021, indicating an improvement of approximately 16.5%[23] - The total comprehensive income for Q1 2022 was -1,274,108,215.88 CNY, significantly worse than -429,440,641.78 CNY in Q1 2021, reflecting a decline of 196.5%[24] - Basic and diluted earnings per share for Q1 2022 were both -0.0087 CNY, an improvement from -0.0148 CNY in Q1 2021[24] Cash Flow - The net cash flow from operating activities increased significantly to CNY 3,038,823,824.90, a rise of 2,074.04% year-on-year[2] - Cash flow from operating activities for Q1 2022 was 139,777,625.94 CNY, compared to 311,632,331.11 CNY in Q1 2021, showing a decrease of 55.2%[27] - Cash flow from investing activities for Q1 2022 was -3,234,324,229.37 CNY, worsening from -48,174,149.16 CNY in Q1 2021, indicating a significant decline[29] - Cash flow from financing activities for Q1 2022 was 386,227,040.76 CNY, compared to -877,971,469.59 CNY in Q1 2021, marking a turnaround[29] - The company received 1,700,000,000.00 CNY in cash from borrowings in Q1 2022, up from 290,000,000.00 CNY in Q1 2021[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 47,990,875,566.16, an increase of 8.42% from the end of the previous year[3] - Total liabilities as of March 31, 2022, were CNY 30,594,165,303.76, up from CNY 25,594,590,394.26 at the end of 2021, indicating a rise of 19.2%[20] - The equity attributable to shareholders decreased to CNY 14,278,052,977.57, down by 8.03% compared to the previous year[3] - The company's total current assets reached CNY 29,359,039,956.60 as of March 31, 2022, an increase of 22.0% from CNY 24,081,724,836.35 at the end of 2021[17] Inventory and Current Assets - Inventory increased by 32.24% to CNY 6,509,824,057.64, reflecting the fulfillment of performance obligations not yet recognized as revenue[10] - Other current assets rose by 43.23% to CNY 254,692,675.13, primarily due to an increase in VAT receivables[10] - Cash and cash equivalents increased by 49.01% to CNY 14,246,156,416.77, attributed to higher net receipts from products[10] Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 90,609[13] - The largest shareholder, HKSCC Nominees Limited, holds 41.69% of the shares, totaling 589,336,488 shares[14] Investment and Other Income - The investment income turned positive with a reported CNY 6,558,255.26, compared to a loss of CNY 8,090,310.36 in the previous year[11] - The fair value change income from financial assets increased to CNY 31,101,590.89, compared to a loss of CNY 19,930,918.96 last year[11] - The company's other comprehensive income decreased by 66.23% to CNY 629,377,482.83, primarily due to changes in the fair value of stocks[11] Borrowings and Contract Liabilities - Short-term borrowings rose by 38.37% to CNY 2,649,635,572.47, indicating an increase in borrowing balance[11] - Contract liabilities increased by 48.54% to CNY 13,886,772,526.78, reflecting a rise in advance payments for products[11] Research and Development - Research and development expenses in Q1 2022 amounted to CNY 94,030,060.04, an increase of 10.1% from CNY 85,307,012.11 in Q1 2021[22]
中船防务(00317) - 2022 Q1 - 季度财报