S佳通(600182) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 891,122,833, representing a 13.88% increase compared to CNY 782,477,279.54 in the same period last year[6]. - Net profit attributable to shareholders decreased by 70.22% to CNY 4,021,536.84 from CNY 13,502,640.67 year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 76.11% to CNY 3,097,808.56 compared to CNY 12,968,476.60 in the previous year[6]. - Basic and diluted earnings per share decreased by 70.22% to CNY 0.0118 from CNY 0.0397 year-on-year[7]. - Total profit for Q1 2022 was RMB 13,233,199.42, a decrease of 65.6% from RMB 38,547,268.85 in Q1 2021[22]. - Net profit for Q1 2022 was RMB 9,546,181.15, a decrease of 66.4% from RMB 28,443,548.80 in Q1 2021[22]. Cash Flow and Assets - The net cash flow from operating activities increased by 47.84% to CNY 116,711,069.56 from CNY 78,945,713.29 in the same period last year[7]. - Cash flow from operating activities for Q1 2022 was RMB 116,711,069.56, an increase of 47.8% compared to RMB 78,945,713.29 in Q1 2021[26]. - Cash inflow from sales of goods and services in Q1 2022 was RMB 720,427,333.78, slightly up from RMB 711,929,934.53 in Q1 2021[25]. - Cash outflow for purchasing goods and services in Q1 2022 was RMB 451,235,917.35, down from RMB 491,857,470.66 in Q1 2021[26]. - The net cash flow from financing activities was -$7,951,747.78, compared to -$11,087,448.59 in the previous period, indicating an improvement[27]. - The net increase in cash and cash equivalents for the period was $81,421,085.46, up from $43,506,976.61 in the prior period[27]. - The ending balance of cash and cash equivalents was $360,604,736.18, slightly down from $369,040,863.46 at the end of the previous period[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,393,209,708.71, a 1.59% increase from CNY 3,340,090,172.57 at the end of the previous year[7]. - The company's current assets totaled RMB 2,380,583,387.36, compared to RMB 2,323,937,988.79 at the end of 2021, indicating an increase of about 2.44%[16]. - The company's cash and cash equivalents reached RMB 436,978,799.01, up from RMB 325,596,196.40 at the end of 2021, representing a growth of approximately 34.16%[16]. - The company's total liabilities were RMB 1,628,142,523.69, an increase from RMB 1,584,569,168.70, reflecting a growth of approximately 2.76%[18]. - The total equity attributable to shareholders was RMB 1,028,082,938.08, slightly up from RMB 1,024,061,401.24, indicating a marginal increase of about 0.39%[18]. - The company's inventory stood at RMB 537,137,648.32, a slight increase from RMB 533,895,896.59, reflecting a growth of approximately 0.43%[17]. - Accounts receivable decreased to RMB 1,196,453,968.22 from RMB 1,295,494,228.62, showing a decline of about 7.65%[16]. - The company reported a decrease in accounts payable to RMB 325,205,053.38 from RMB 400,644,197.19, indicating a decline of about 18.78%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,361[12]. - The largest shareholder, Giti Tire (China) Investment Co., Ltd., held 151,070,000 shares, accounting for 44.43% of the total shares[13]. Operational Challenges - The company attributed the decline in net profit to rising raw material prices and the adjustment of pricing being less than the increase in costs[11]. - The company has ongoing daily related transactions with its parent group, which are deemed necessary for production and sales, highlighting the importance of these transactions for future operations[15]. - The company plans to enhance communication with minority shareholders and will revisit the approval processes for related transactions based on actual circumstances[15]. Impairment and Losses - The company reported a credit impairment loss of RMB 506,250.79 in Q1 2022, compared to a gain of RMB 724,700.21 in Q1 2021[21]. - The company recorded a net cash outflow from investing activities of RMB 27,083,206.79 in Q1 2022, compared to RMB 25,107,530.84 in Q1 2021[26].