康欣新材(600076) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥147,834,696.58, representing a decrease of 63.57% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥36,905,048.67, a decline of 187.28% year-on-year[3]. - The net loss for Q1 2022 was ¥37,521,144.76, compared to a net profit of ¥41,688,921.80 in Q1 2021[14]. - Operating profit for Q1 2022 was -¥35,886,950.40, a decline from an operating profit of ¥49,106,888.32 in Q1 2021[13]. - Basic and diluted earnings per share were both -¥0.03, reflecting a decrease of 200.00% compared to the previous year[3]. - Basic and diluted earnings per share for Q1 2022 were both -¥0.03, compared to ¥0.03 in Q1 2021[14]. - The company reported a significant decrease in weighted average return on equity to -0.77%, down 1.73 percentage points year-on-year[3]. Cash Flow - The net cash flow from operating activities was -¥96,622,565.22, indicating a significant cash outflow[3]. - In Q1 2022, the company's cash inflow from operating activities was CNY 195,449,601.63, a decrease of 54% compared to CNY 425,658,079.15 in Q1 2021[16]. - The net cash flow from operating activities was -CNY 96,622,565.22, worsening from -CNY 33,558,338.40 in the same period last year[16]. - Cash outflow for purchasing goods and services was CNY 251,406,950.70, down from CNY 379,306,548.60 in Q1 2021[16]. - The net cash flow from investing activities was -CNY 21,956,719.70, compared to -CNY 58,785,321.43 in Q1 2021[17]. - Cash inflow from financing activities totaled CNY 659,532,916.41, a decrease from CNY 1,314,723,105.16 in Q1 2021[17]. - The net cash flow from financing activities was -CNY 28,531,261.94, a significant decline from CNY 333,505,054.40 in the previous year[17]. - The ending cash and cash equivalents balance was CNY 350,738,908.07, down from CNY 390,705,929.31 at the end of Q1 2021[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,737,646,030.74, down 3.30% from the end of the previous year[3]. - Total assets as of Q1 2022 were ¥7,737,646,030.74, down from ¥8,001,428,763.23 in the previous year[11]. - Total liabilities for Q1 2022 were ¥2,894,378,480.62, a decrease from ¥3,120,640,068.35 in Q1 2021[11]. - Non-current assets totaled ¥3,062,352,772.49 in Q1 2022, compared to ¥3,091,390,862.43 in Q1 2021[11]. - Current liabilities amounted to ¥2,313,829,072.31, down from ¥2,488,304,402.77 in Q1 2021[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,862[7]. - The company's equity attributable to shareholders was ¥4,799,027,901.25, a decrease of 0.76% from the previous year[3]. Government Support and External Factors - The company received government subsidies amounting to ¥1,048,217.53 during the period[5]. - The decline in revenue was primarily due to reduced orders from downstream container manufacturing enterprises, influenced by the macroeconomic environment and COVID-19 pandemic[5]. Research and Development - The company reported a decrease in research and development expenses to ¥775,912.38 in Q1 2022 from ¥5,397,878.37 in Q1 2021[13]. Other Information - The company reported no net profit from the merged entity prior to the merger, consistent with the previous period[15]. - The company has not disclosed any new product developments or market expansion strategies in this report[15]. - The financial results reflect the impact of the new accounting standards implemented in 2022, which may affect comparability with prior periods[17].