保变电气(600550) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥669,282,345.21, representing a year-on-year increase of 2.78%[6]. - Net profit attributable to shareholders was ¥12,630,836.98, showing a significant increase of 152.76% compared to the same period last year[6]. - Basic and diluted earnings per share were both ¥0.007, reflecting a growth of 133.33% year-on-year[6]. - The total profit for the period reached ¥14,680,166.17, compared to ¥7,664,976.82 in the previous year, marking an increase of about 91.5%[28]. - The company's operating profit rose to ¥7,034,745.95 from ¥6,523,265.50, reflecting an increase of approximately 7.8%[28]. - The total comprehensive income attributable to the parent company was ¥10,348,620.96, compared to ¥4,945,351.32, indicating an increase of about 109.7%[30]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥290,578,394.14, indicating a decline in cash generation from operations[6]. - The cash flow from operating activities showed a net outflow of ¥290,578,394.14, worsening from a net outflow of ¥84,225,975.03 in the previous year[30]. - Cash and cash equivalents at the end of the period amounted to ¥524,217,950.03, compared to ¥389,067,683.12 at the end of the previous year, showing an increase of approximately 34.7%[33]. - The cash inflow from financing activities was ¥1,451,761,951.14, significantly higher than ¥250,000,000.00 in the previous year[33]. - The cash outflow for investing activities was ¥14,892,135.32, compared to ¥11,258,014.73, reflecting an increase of about 32.5%[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,367,019,846.64, down 6.68% from the end of the previous year[8]. - The company's total assets decreased to CNY 5,367,019,846.64 in Q1 2022 from CNY 5,751,469,423.64 in Q1 2021, a decline of about 6.7%[25]. - Total liabilities decreased to CNY 4,540,312,298.10 in Q1 2022 from CNY 4,939,371,942.88 in Q1 2021, representing a reduction of approximately 8.1%[25]. - The company's short-term borrowings increased to CNY 1,108,761,951.14 in Q1 2022 from CNY 1,055,000,000.00 in Q1 2021, an increase of approximately 5.3%[25]. Shareholder Information - The company reported a total of 109,334 common shareholders at the end of the reporting period[10]. - The top shareholder, China Weapon Equipment Group Co., Ltd., held 44.56% of the shares, totaling 820,537,574 shares[12]. - Shareholders' equity attributable to the parent company increased to ¥710,251,871.87, a rise of 1.88% compared to the previous year[8]. - The total equity attributable to shareholders increased to CNY 710,251,871.87 in Q1 2022 from CNY 697,148,316.75 in Q1 2021, reflecting a growth of about 1.6%[25]. Research and Development - Research and development expenses rose significantly to CNY 41,550,755.90 in Q1 2022 from CNY 24,790,291.61 in Q1 2021, reflecting a growth of approximately 67.3%[25]. Inventory and Other Financial Metrics - The company's inventory increased to CNY 822,506,511.38 in Q1 2022 from CNY 750,032,053.00 in Q1 2021, representing a growth of approximately 9.6%[25]. - Non-recurring gains and losses totaled ¥9,449,415.95, primarily due to increased sales and gross profit from ultra-high voltage products[9]. - The weighted average return on equity was 1.79%, an increase of 0.98 percentage points year-on-year[6]. - The company experienced a decrease in other comprehensive income, with a net amount of -¥2,535,795.58 compared to -¥57,579.63 in the previous year[28].