山鹰国际(600567) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 7,961,276,857.43, representing a year-on-year increase of 16.59%[6] - Net profit attributable to shareholders of the listed company decreased by 57.78% to CNY 199,966,454.55 compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 59.71% to CNY 172,771,612.19[6] - Basic earnings per share for the period was CNY 0.044, down 58.67% year-on-year[6] - The total comprehensive income for the first quarter of 2022 was CNY 140,825,230.18, a decrease from CNY 373,880,879.25 in the same period of 2021[31] - The company reported a basic earnings per share of CNY 0.044, down from CNY 0.106 in the same quarter of the previous year[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 55,723,842,924.04, an increase of 7.17% from the end of the previous year[9] - The company's total liabilities as of the latest report were CNY 37,273,979,450.80, compared to CNY 33,695,526,873.32 previously, showing an increase of about 10.5%[27] - The total equity attributable to shareholders increased to CNY 16,693,391,147.09 from CNY 16,517,438,680.02, reflecting a growth of approximately 1.1%[27] - The company's cash and cash equivalents increased to RMB 6.129 billion from RMB 3.890 billion year-on-year[21] - The cash and cash equivalents at the end of the period were CNY 2,342,609,114.47, compared to CNY 1,464,037,712.68 at the end of the first quarter of 2021[33] Costs and Expenses - Total operating costs for Q1 2022 were CNY 7,962,688,807.37, up from CNY 6,526,595,600.45 in Q1 2021, indicating an increase of about 22.0%[29] - The decline in net profit was primarily due to increased costs and a decrease in gross margin compared to the same period last year[11] - The company reported a gross profit margin decrease of 4.21 percentage points compared to the same period last year[18] - Research and development expenses in Q1 2022 amounted to CNY 218,596,225.20, compared to CNY 151,428,134.44 in Q1 2021, marking an increase of about 44.3%[29] - Financial expenses for Q1 2022 were CNY 186,346,125.46, up from CNY 117,452,928.64 in Q1 2021, which is an increase of approximately 58.8%[29] Shareholder Information - The company had a total of 192,907 common shareholders at the end of the reporting period[15] - The largest shareholder, Fujian Taisheng Industrial Co., Ltd., held 28.12% of the shares, totaling 1,297,936,672 shares[15] Cash Flow - The net cash flow from operating activities was CNY 175,049,362.33, compared to a negative cash flow of CNY -327,125,059.51 in the first quarter of 2021[31] - Cash received from the sale of goods and services amounted to CNY 7,384,316,989.34, an increase from CNY 5,702,861,880.97 year-over-year[31] - The net cash flow from investing activities was CNY -1,754,455,546.36, worsening from CNY -1,009,793,030.70 in the previous year[33] - Cash inflow from financing activities totaled CNY 8,928,317,106.96, up from CNY 5,390,509,291.85 in the first quarter of 2021[33] - The total cash outflow for financing activities was CNY 6,088,320,092.12, compared to CNY 4,890,794,005.71 in the same period last year[33] Future Plans - The company plans to repurchase shares with a total amount not less than RMB 250 million and not exceeding RMB 500 million, at a price not exceeding RMB 3.70 per share[20] - The company intends to issue corporate bonds totaling no more than RMB 3 billion to optimize its debt structure and reduce financing costs[20] - The company plans to continue investing in R&D to drive future growth, as indicated by the significant increase in R&D expenses[29] Other Financial Metrics - The company's inventory rose to RMB 4.227 billion, compared to RMB 3.809 billion in the previous year[24] - The company's short-term borrowings increased to RMB 16.783 billion from RMB 14.590 billion year-on-year[24] - The company experienced a foreign exchange loss of CNY -471,380,300.95 during the quarter[33] - The company reported a decrease in other comprehensive income, with a net amount of CNY -47,766,084.78 for Q1 2022 compared to CNY -113,160,247.27 in Q1 2021, indicating an improvement in this area[29]