航天机电(600151) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,820,742,831.10, representing a year-on-year increase of 39.94%[6] - The net profit attributable to shareholders of the listed company was -¥17,414,866.95, indicating a loss[6] - The company reported a basic and diluted earnings per share of -¥0.0121[9] - Net profit for Q1 2022 was -¥25,501,893.67, compared to -¥16,558,315.06 in Q1 2021, indicating a deeper loss year-over-year[35] - The total comprehensive income for Q1 2022 was -¥54,850,498.44, an improvement from -¥83,490,267.11 in Q1 2021[37] Cash Flow - The net cash flow from operating activities was ¥158,381,595.63, showing an increase compared to the previous year[6] - Cash flow from operating activities in Q1 2022 was ¥2,025,018,395.32, compared to ¥1,486,282,437.41 in Q1 2021, indicating improved cash generation[39] - The net cash flow from operating activities was $158.38 million, a significant improvement from a net outflow of $95.90 million in the previous period[41] - The cash flow from operating activities totaled $1.87 billion, compared to $1.58 billion in the previous year[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,814,472,247.74, a 1.03% increase from the end of the previous year[9] - The equity attributable to shareholders of the listed company decreased by 0.75% to ¥5,365,432,166.14[9] - The company’s total liabilities increased to CNY 5,015 million from CNY 4,851 million, indicating a rise of approximately 3.4%[28] - The company's total assets and equity amounted to ¥10,814,472,247.74 and ¥5,799,029,363.57 respectively, showing a slight increase from the previous period[29] Revenue and Costs - Total operating revenue for Q1 2022 reached ¥1,820,742,831.10, a 40% increase from ¥1,301,089,994.53 in Q1 2021[31] - Total operating costs for Q1 2022 were ¥1,863,988,990.67, up from ¥1,338,896,480.09 in Q1 2021, reflecting a significant rise in expenses[31] Investments and Subsidies - The company received government subsidies amounting to ¥2,048,120.39, mainly for research funding and financial support[9] - The investment income from joint ventures and associates increased to ¥3,738,116.13 in Q1 2022, up from ¥3,011,715.56 in Q1 2021[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 72,365[13] Inventory and Receivables - The company reported a decrease in accounts receivable, totaling CNY 1,745 million, down from CNY 1,790 million year-over-year, indicating a reduction of approximately 2.5%[23] - The company’s inventory rose to CNY 923 million, compared to CNY 887 million, marking an increase of approximately 4.1%[25] Other Financial Metrics - The company recovered receivables previously subjected to impairment testing, resulting in a reversal of bad debt provisions amounting to ¥2,800,000.00[9] - The company’s other comprehensive income showed a negative balance of CNY -126 million, worsening from CNY -102 million year-over-year[28] - Research and development expenses for Q1 2022 were ¥42,004,080.94, down from ¥47,056,896.71 in Q1 2021, suggesting a reduction in investment in innovation[31] External Factors - The company is monitoring the impact of the COVID-19 pandemic and the Russia-Ukraine conflict on its operations, which may adversely affect production and sales[21]