丰华股份(600615) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥42,925,221.21, representing a year-on-year increase of 140.95%[5] - Total revenue for Q1 2022 reached ¥42,925,221.21, a significant increase of 141.5% compared to ¥17,815,128.30 in Q1 2021[19] - The net profit attributable to shareholders was -¥3,431,500.98, with a basic and diluted earnings per share of -¥0.018[5] - Net loss for Q1 2022 was ¥3,599,222.18, slightly improved from a net loss of ¥4,055,206.10 in Q1 2021[20] - Basic and diluted earnings per share for Q1 2022 were both -¥0.018, compared to -¥0.022 in Q1 2021[21] - The company reported a gross profit margin of approximately -14.3% in Q1 2022, compared to a positive margin in Q1 2021[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥705,069,680.88, a decrease of 2.04% compared to the end of the previous year[6] - Total current assets decreased to ¥122,082,936.96 from ¥138,020,604.20 year-over-year[17] - Total assets as of March 31, 2022, are ¥705,069,680.88, down from ¥719,773,655.37[17] - The total liabilities include accounts payable of ¥18,529,320.10, reduced from ¥24,862,603.12[17] - Total liabilities decreased to ¥74,407,446.22 in Q1 2022 from ¥85,512,198.53 in Q1 2021, reflecting a reduction of approximately 13.0%[19] - Total equity as of Q1 2022 was ¥630,662,234.66, a slight decrease from ¥634,261,456.84 in Q1 2021[19] Cash Flow - Cash flow from operating activities was -¥1,385,173.54[5] - Operating cash flow for Q1 2022 showed a net outflow of ¥1,385,173.54, compared to a larger outflow of ¥11,764,428.39 in Q1 2021[23] - Cash received from investment recoveries in Q1 2022 was ¥16,200,000.00, significantly higher than ¥3,500,000.00 in Q1 2021[23] - The net cash flow from investment activities was $12,138,959.07, compared to a negative cash flow of $709,814.25 in the previous period[24] - The total cash inflow from investment activities amounted to $16,263,594.90, while cash outflow was $4,124,635.83[24] - The net cash flow from financing activities was negative at -$4,429,227.72, indicating a higher cash outflow than inflow[24] - The cash and cash equivalents increased by $6,324,557.81, contrasting with a decrease of $12,474,242.64 in the previous period[24] - The ending balance of cash and cash equivalents reached $13,069,231.41, up from $4,077,625.51 in the previous period[24] - The company reported cash payments for the acquisition of fixed assets and intangible assets totaling $3,500,185.33[24] - Cash payments related to financing activities included $3,600,000.00 for debt repayment[24] - The initial balance of cash and cash equivalents was $6,744,673.60, showing a significant change in liquidity[24] - The company’s cash outflow for other investment activities was $624,450.50, compared to $51,109.50 in the previous period[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,330[11] - The largest shareholder, Longxin Holdings Co., Ltd., holds 62,901,231 shares, accounting for 33.45% of total shares, with all shares frozen[11] - The number of shares held by the top ten shareholders represents 14.88% of the total share capital[12] - The company has ongoing relationships among major shareholders, indicating potential influence on decision-making[12] Operational Insights - The company experienced a 201.72% increase in prepayments, primarily due to increased advance payments for materials[8] - Investment income surged by 66,529.05%, attributed to the shift from large-scale financial management to large fixed-term deposits[8] - The company reported a 511.24% increase in cash received from sales of goods and services, driven by increased cash receipts from subsidiaries[9] - The company’s cash and cash equivalents increased by 93.77% due to the redemption of financial products[8] - The company’s sales expenses rose by 135.06%, mainly due to increased sales expenses from the newly added subsidiary[8] - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[19] Accounting Standards - The company did not apply the new accounting standards starting from 2022[24]