厦门象屿(600057) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was RMB 11,386.37 million, representing a year-on-year increase of 27.38%[5] - The net profit attributable to shareholders of the listed company was RMB 466.33 million, up 31.83% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 687.05 million, reflecting a 51.13% increase year-on-year[5] - The basic earnings per share were RMB 0.20, an increase of 42.86% compared to the previous year[5] - Total revenue for Q1 2022 reached ¥113.86 billion, a 27.5% increase from ¥89.39 billion in Q1 2021[29] - Net profit for Q1 2022 was ¥697.50 million, representing a 40.8% increase compared to ¥495.36 million in Q1 2021[30] - Operating profit for Q1 2022 was ¥820.80 million, an increase from ¥671.49 million in Q1 2021[30] - Earnings per share for Q1 2022 were ¥0.20, compared to ¥0.14 in Q1 2021[32] Assets and Liabilities - The total assets at the end of the reporting period were RMB 12,525.52 million, a 30.70% increase from the end of the previous year[5] - As of March 31, 2022, the company's total assets amounted to RMB 125.26 billion, an increase from RMB 95.83 billion as of December 31, 2021, representing a growth of approximately 30.67%[21] - The company's current assets totaled RMB 106.81 billion, up from RMB 77.99 billion, indicating a growth of about 36.93% year-over-year[21] - The company’s total liabilities increased to RMB 129.73 billion from RMB 86.80 billion, representing a growth of about 49.49%[24] - Total liabilities increased to ¥92.67 billion as of March 31, 2022, from ¥64.50 billion at the end of 2021[29] - The company reported a total of RMB 10.52 billion in contract liabilities, up from RMB 8.70 billion, reflecting a growth of approximately 20.93%[24] - The company's non-current liabilities totaled RMB 41.39 billion, compared to RMB 30.43 billion, indicating an increase of about 36.06%[24] Cash Flow - The net cash flow from operating activities was RMB -2,349.96 million, indicating a decline due to increased inventory reserves[12] - In Q1 2022, the cash inflow from operating activities totaled ¥127.69 billion, an increase of 18.5% compared to ¥107.72 billion in Q1 2021[37] - The cash outflow from operating activities was ¥151.19 billion, up from ¥126.49 billion in the same period last year, resulting in a net cash flow from operating activities of -¥23.50 billion, compared to -¥18.77 billion in Q1 2021[37] - The net cash flow from investment activities was -¥925.34 million, a decrease from a positive cash flow of ¥1.64 billion in the previous year[37] - The net cash flow from financing activities was ¥20.29 billion, significantly higher than ¥11.74 billion in Q1 2021, indicating improved financing conditions[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,139[14] - The company plans to grant 107.87 million restricted stocks, accounting for 5% of the total share capital, with the first grant of 98.58 million shares representing 91.38% of the total[18] Costs and Expenses - Total operating costs for Q1 2022 were ¥112.14 billion, up 27.2% from ¥88.11 billion in Q1 2021[30] - The company reported a decrease in research and development expenses to ¥6.43 million in Q1 2022 from ¥8.98 million in Q1 2021[30] - The company’s cash outflow for employee payments increased to ¥769.91 million, compared to ¥638.09 million in the same period last year, reflecting higher labor costs[37] Other Financial Indicators - The weighted average return on equity was 3.23%, an increase of 0.44 percentage points year-on-year[5] - The company received government subsidies amounting to RMB 29.45 million during the reporting period[9] - The company’s major financial indicators improved due to the deepening of supply chain services and optimization of product structure[10] - Cash and cash equivalents decreased to RMB 7.93 billion from RMB 13.61 billion, a decline of approximately 41.06%[21] - Accounts receivable increased to RMB 16.39 billion, compared to RMB 14.40 billion, reflecting a growth of about 13.83%[21] - Inventory surged to RMB 45.78 billion, up from RMB 22.20 billion, marking an increase of approximately 106.66%[21] - Other comprehensive income for Q1 2022 showed a loss of ¥8.14 million, contrasting with a gain of ¥9.08 million in Q1 2021[32] - The company reported a decrease in tax refunds received, totaling ¥69.17 million in Q1 2022, down from ¥134.91 million in Q1 2021[37] - The company experienced a negative impact of -¥9.13 million from exchange rate fluctuations on cash and cash equivalents[39]