福耀玻璃(600660) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was RMB 6,547,759,461, representing a 14.75% increase compared to RMB 5,705,966,779 in the same period last year[2] - Net profit attributable to shareholders was RMB 871,181,319, a 1.86% increase from RMB 855,254,275 year-on-year[2] - The net profit after deducting non-recurring gains and losses was RMB 855,587,923, reflecting a 5.24% increase from RMB 812,965,270 in the previous year[2] - The company reported a total profit of RMB 106,632.71 million, with a year-on-year growth of 3.00%, and a 24.35% increase when excluding certain factors[3] - Net profit for Q1 2022 reached 870,394,497 RMB, up from 854,169,300 RMB in Q1 2021, reflecting a growth of 1.32%[14] - The total profit for Q1 2022 was 2,439,966,341 RMB, compared to 2,372,389,859 RMB in Q1 2021, indicating an increase of 2.84%[22] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 23.71% to RMB 1,341,209,694, down from RMB 1,757,993,567 in the same period last year[3] - Cash flow from operating activities was 6,688,404,740 RMB in Q1 2022, compared to 6,195,699,596 RMB in Q1 2021, representing a growth of 7.97%[16] - The cash flow from financing activities netted CNY 1,097,249,058, a significant increase from CNY 541,651,844 in the previous year, reflecting a growth of 102.5%[17] - The company experienced a net increase in cash and cash equivalents of 2,002,006,833 RMB in Q1 2022, compared to an increase of 757,906,993 RMB in Q1 2021[24] Assets and Liabilities - Total assets at the end of the reporting period were RMB 46,890,662,380, an increase of 4.70% from RMB 44,784,893,954 at the end of the previous year[3] - Total liabilities rose to 19,750,625,616 RMB in Q1 2022, up from 18,490,789,663 RMB in Q1 2021, indicating an increase of 6.81%[13] - The total assets increased to CNY 45,445,940,129, compared to CNY 41,874,278,241 at the end of the previous year, reflecting a growth of 8.5%[19] - The total liabilities rose to CNY 20,692,835,452, an increase from CNY 19,560,801,644, indicating a growth of 5.8%[19] Shareholder Information - The total number of shareholders as of March 31, 2022, was 225,392, comprising 225,347 A-share shareholders and 45 H-share shareholders[7] - The top ten shareholders held a total of 1,392,000,000 shares, representing 51.73% of the total shares outstanding[8] Research and Development - Research and development expenses increased to 271,129,633 RMB in Q1 2022, compared to 235,831,188 RMB in Q1 2021, marking a rise of 15.03%[14] - Research and development expenses for Q1 2022 were 18,596,672 RMB, slightly down from 19,053,462 RMB in Q1 2021[21] Financial Expenses - The company reported a financial expense of 179,483,805 RMB in Q1 2022, up from 116,401,754 RMB in Q1 2021, indicating a rise of 54.19%[14] - The financial expenses for Q1 2022 were 52,860,438 RMB, compared to a financial income of 60,930,145 RMB in Q1 2021, indicating a shift in financial performance[21] Inventory and Receivables - The company's inventory increased to CNY 4,573,768,132 from CNY 4,327,048,485, marking a rise of about 5.7%[11] - Accounts receivable stood at CNY 4,326,913,090, slightly increasing from CNY 4,311,233,501, reflecting a growth of approximately 0.4%[11] - The company's inventory decreased to CNY 469,737,935 from CNY 513,660,325, a decline of 8.5%[18] - The accounts receivable increased to CNY 872,210,845 from CNY 851,543,349, showing a growth of 2.3%[18]