方大特钢(600507) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥5,232,187,319.32, representing a year-on-year increase of 29.46%[5] - The net profit attributable to shareholders was ¥541,288,667.53, showing a slight decrease of 2.08% compared to the same period last year[5] - Basic earnings per share were ¥0.25, down by 3.85% compared to the previous year[5] - The weighted average return on equity was 5.56%, a decrease of 0.34 percentage points from the previous year[5] - Net profit for Q1 2022 was ¥536,188,908.44, slightly down from ¥554,513,579.58 in Q1 2021, representing a decrease of 3.3%[27] - Earnings per share for Q1 2022 were ¥0.25, unchanged from ¥0.26 in Q1 2021[27] - The total comprehensive income attributable to shareholders of the parent company for Q1 2022 was ¥541,288,667.53, compared to ¥552,809,280.37 in Q1 2021, a decrease of 2.1%[27] Cash Flow - The net cash flow from operating activities reached ¥3,005,140,057.98, a significant improvement from a negative cash flow of ¥128,391,927.93 in the same period last year[5][10] - In Q1 2022, the cash inflow from operating activities was approximately CNY 8.51 billion, a significant increase from CNY 3.13 billion in Q1 2021, representing a growth of 171.5%[30] - The net cash flow from operating activities reached CNY 3.01 billion, compared to a negative cash flow of CNY 128.39 million in the same period last year[30] - Cash inflow from financing activities amounted to CNY 3.89 billion, a significant rise from CNY 740 million in Q1 2021, showing strong financing efforts[32] - The net cash flow from financing activities was CNY 3.25 billion, up from CNY 589.71 million in the same quarter last year, indicating improved capital raising[32] - The ending balance of cash and cash equivalents was CNY 10.36 billion, compared to CNY 6.47 billion at the end of Q1 2021, marking a year-over-year increase of 60.5%[32] - The company reported a cash inflow from sales of goods and services of approximately CNY 8.00 billion, significantly higher than CNY 3.00 billion in the previous year[30] - The total cash outflow for operating activities was CNY 5.51 billion, compared to CNY 3.26 billion in Q1 2021, reflecting increased operational costs[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥25,113,904,629.40, reflecting a 24.90% increase from the previous year[7] - The equity attributable to shareholders increased to ¥10,003,126,812.54, marking a growth of 5.66% year-on-year[7] - Total liabilities increased to ¥14,793,624,057.15 in Q1 2022 from ¥10,302,102,300.35 in Q1 2021, marking a growth of 43.4%[23] - Total equity rose to ¥10,320,280,572.25 in Q1 2022, up from ¥9,805,423,058.45 in Q1 2021, indicating an increase of 5.2%[23] - The company's cash and cash equivalents amounted to CNY 12,951,152,730.83, up from CNY 10,246,182,059.84, indicating a growth of about 26.4% year-over-year[17] - The company reported accounts receivable of CNY 454,722,160.30, which is a significant increase from CNY 280,822,469.90, marking a growth of about 62%[19] - The total current liabilities of the company was CNY 7,540,757,605.14, which is an increase from CNY 3,538,615,505.23, reflecting a growth of approximately 113%[19] Investments and Expenses - The company plans to establish a new investment partnership with a total fund size of CNY 10 billion, with the company contributing CNY 4 billion[15] - The company approved a stock incentive plan granting 17,637,000 restricted shares at a price of CNY 4.29 per share[15] - The company transferred 60% equity in Jiangxi Special Automobile Co., Ltd. for CNY 22.92 million and 70% equity in Chenzhou Xinglong Mining Co., Ltd. for CNY 20.63 million[15] - Operating costs for Q1 2022 were ¥4,589,516,706.63, compared to ¥4,423,349,195.04 in Q1 2021, reflecting a rise of 3.8%[25] - The company reported a decrease in sales expenses to ¥10,029,316.49 in Q1 2022 from ¥32,184,790.36 in Q1 2021, a reduction of 68.9%[25] - Research and development expenses decreased to ¥10,624,175.59 in Q1 2022 from ¥12,803,777.76 in Q1 2021, a decline of 17.0%[25] Inventory and Accounts Payable - Inventory levels increased to CNY 1,699,193,873.81 from CNY 1,479,890,214.68, reflecting a rise of approximately 14.8%[19] - The accounts payable increased to CNY 1,632,895,522.73 from CNY 1,961,501,094.90, indicating a decrease of about 16.7%[19] - The company experienced a foreign exchange loss of CNY 373,330.24, which slightly impacted the overall cash position[32]