天润乳业(600419) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 542,983,359.79, representing a year-on-year increase of 17.33%[5] - The net profit attributable to shareholders for the same period was CNY 35,337,917.08, reflecting a growth of 5.69% compared to the previous year[5] - The net profit for Q1 2022 was CNY 36,851,940.09, a slight increase from CNY 36,233,170.20 in Q1 2021, representing a growth of 1.7%[19] - The total revenue from sales of goods and services in Q1 2022 was CNY 567,089,585.94, compared to CNY 476,256,103.27 in Q1 2021, indicating an increase of approximately 19.1%[23] - The total profit before tax for Q1 2022 was CNY 41,628,797.21, compared to CNY 39,323,138.49 in Q1 2021, marking an increase of about 5.8%[19] Earnings and Profitability - Basic and diluted earnings per share were both CNY 0.1104, a decrease of 11.33% compared to the same period last year[5] - The basic and diluted earnings per share for Q1 2022 were CNY 0.1104, down from CNY 0.1245 in Q1 2021, representing a decrease of approximately 16.5%[20] - Operating profit margin for Q1 2022 was approximately 7.0%, down from 7.7% in Q1 2021, indicating a slight decrease in profitability[18] - The company incurred a total operating expense of CNY 501,836,991.35 in Q1 2022, which was higher than CNY 398,210,220.72 in Q1 2021, indicating an increase of approximately 26.0%[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -50,187,421.53, a significant decrease of 393.22% year-on-year[5] - The cash flow from operating activities showed a net outflow of CNY 50,187,421.53 in Q1 2022, worsening from a net outflow of CNY 10,175,514.31 in Q1 2021[24] - The cash inflow from operating activities reflects a positive trend, indicating improved operational efficiency and revenue generation capabilities[33] - The cash and cash equivalents at the end of Q1 2022 amounted to CNY 869,163,386.60, compared to CNY 318,843,127.37 at the end of Q1 2021, showing a significant increase of 172.5%[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,437,073,640.41, a decrease of 1.01% from the end of the previous year[6] - The equity attributable to shareholders was CNY 2,207,516,320.60, down by 0.51% compared to the previous year-end[6] - Total liabilities decreased to CNY 1,144,901,544.71, down from CNY 1,170,064,759.07 at the end of 2021, reflecting a reduction of 2.1%[16] - The company's retained earnings increased to CNY 502,692,093.44, up from CNY 467,354,176.36 at the end of 2021, showing a growth of 7.0%[16] Operational Metrics - The company sold 60,700 tons of dairy products in the first quarter of 2022[12] - The company experienced an increase in procurement costs and operating expenses, impacting cash flow negatively[8] - Total operating costs for Q1 2022 were CNY 504,966,717.33, up from CNY 427,016,734.58 in Q1 2021, reflecting a growth of 18.2%[18] Research and Development - The company plans to continue investing in research and development, with R&D expenses for Q1 2022 amounting to CNY 1,749,183.22, compared to CNY 1,534,580.41 in Q1 2021[18]