Workflow
沧州大化(600230) - 2022 Q1 - 季度财报
CZDHCZDH(SH:600230)2022-04-29 16:00

Financial Performance - The company's operating revenue for Q1 2022 was CNY 959,637,248.22, representing a year-on-year increase of 64.09%[6] - The net profit attributable to shareholders of the listed company was CNY 97,696,282.86, an increase of 8.64% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 97,314,719.26, reflecting a 20.56% increase year-on-year[6] - The basic earnings per share for the period was CNY 0.2334, up by 8.66% from the previous year[6] - Total operating revenue for Q1 2022 reached ¥959,637,248.22, a significant increase of 64.1% compared to ¥584,812,397.83 in Q1 2021[18] - Net profit for Q1 2022 was ¥98,288,006.81, representing a 19.6% increase from ¥82,169,705.26 in Q1 2021[19] - In Q1 2022, the company reported a total comprehensive income of CNY 98,288,006.81, an increase from CNY 82,169,705.26 in Q1 2021, representing a growth of approximately 19.6%[20] - The basic and diluted earnings per share for Q1 2022 were CNY 0.2334, compared to CNY 0.2183 in Q1 2021, reflecting an increase of about 6.1%[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -36,748,954.98, a decrease of 143.16% compared to the previous year[6] - Cash inflows from operating activities totaled CNY 809,699,005.37 in Q1 2022, up from CNY 510,149,754.69 in Q1 2021, marking a growth of approximately 58.7%[22] - The net cash flow from operating activities was negative at CNY -36,748,954.98 in Q1 2022, a significant decline from CNY 85,155,555.17 in Q1 2021[22] - The total cash outflow for operating activities was CNY 846,447,960.35 in Q1 2022, compared to CNY 424,994,199.52 in Q1 2021, representing an increase of approximately 99.0%[22] - The ending balance of cash and cash equivalents was CNY 185,936,378.05 in Q1 2022, down from CNY 816,142,371.70 in Q1 2021, indicating a decrease of approximately 77.2%[23] - The company received tax refunds amounting to CNY 15,548,696.37 in Q1 2022, compared to CNY 21,354,938.14 in Q1 2021, showing a decrease of about 27.3%[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,473,772,406.51, an increase of 4.49% from the end of the previous year[7] - Current assets totaled ¥1,762,769,376.75, up 17.4% from ¥1,501,795,189.85 at the end of 2021[15] - The company's total assets as of March 31, 2022, amounted to ¥7,473,772,406.51, an increase from ¥7,152,581,169.61 at the end of 2021[16] - Total liabilities reached ¥3,272,665,104.51, up from ¥3,052,501,036.33, indicating a growth of 7.2%[17] - The company's equity attributable to shareholders increased to ¥3,886,200,048.51 from ¥3,785,909,134.06, a growth of 2.7%[17] Operating Costs and Inventory - Operating costs for Q1 2022 were ¥844,696,895.53, up 70.1% from ¥496,312,185.42 in Q1 2021, with the cost of goods sold rising to ¥778,374,341.71 from ¥454,949,875.33[19] - The increase in operating revenue was primarily driven by higher TDI prices compared to the same period last year[8] - The increase in net profit was attributed to higher TDI prices and gross margins compared to the previous year[8] - The company reported an increase in finished goods inventory, contributing to the negative cash flow from operating activities[8] Research and Development - Research and development expenses for Q1 2022 were ¥13,123,955.40, compared to ¥5,836,874.95 in Q1 2021, reflecting an increase of 125.0%[19] Financing Activities - Cash inflows from financing activities were CNY 530,000,000.00 in Q1 2022, a substantial increase from CNY 138,500,000.00 in Q1 2021, representing a growth of approximately 283.5%[23] - The net cash flow from financing activities was CNY 183,943,011.07 in Q1 2022, compared to CNY 113,617,985.25 in Q1 2021, reflecting an increase of about 62.0%[23] - Short-term borrowings increased significantly to ¥200,000,000.00 from ¥30,011,763.90, marking a rise of 566.6%[16]