山西汾酒(600809) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 reached ¥10,530,300,854.04, representing a year-on-year increase of 43.62%[4] - Net profit attributable to shareholders was ¥3,710,105,976.27, reflecting a significant increase of 70.03% compared to the same period last year[4] - Basic earnings per share were reported at ¥3.04, which is a 69.83% increase from the previous year[4] - The company experienced a 71.57% increase in operating profit, driven by higher sales revenue[6] - Total operating revenue for Q1 2022 reached ¥10,530,300,854.04, a 43.0% increase from ¥7,332,071,098.88 in Q1 2021[15] - Net profit for Q1 2022 was ¥3,727,993,583.65, representing a 70.7% increase compared to ¥2,184,769,602.15 in Q1 2021[16] - The company reported a total profit of ¥4,987,106,877.09 for Q1 2022, compared to ¥2,906,717,223.11 in Q1 2021, reflecting strong operational performance[16] Cash Flow - The net cash flow from operating activities amounted to ¥3,538,501,188.66, showing a remarkable increase of 1,336.01% year-on-year[4] - In Q1 2022, the net cash flow from operating activities was CNY 3,538,501,188.66, a significant increase from CNY 246,411,587.02 in Q1 2021, reflecting a growth of approximately 1,332%[19] - Total cash inflow from operating activities reached CNY 9,072,483,058.46, compared to CNY 5,219,865,795.93 in the same period last year, indicating a year-over-year increase of about 73.5%[19] - Cash outflow from operating activities was CNY 5,533,981,869.80, up from CNY 4,973,454,208.91 in Q1 2021, representing an increase of approximately 11.3%[19] - The ending cash and cash equivalents balance was CNY 1,201,908,786.32, down from CNY 4,617,410,142.18 in Q1 2021, showing a decrease of approximately 74.0%[20] - The company reported a cash inflow from sales and services of CNY 8,871,734,186.22, compared to CNY 5,159,863,964.78 in Q1 2021, representing an increase of about 72.5%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥30,907,569,647.20, up 3.18% from the end of the previous year[4] - The total liabilities amounted to ¥11,582,106,844.12, a decrease from ¥14,367,804,020.04 in the previous year[14] - The total equity increased to ¥19,325,462,803.08 from ¥15,586,759,943.61 year-over-year[14] - The company's total assets as of March 31, 2022, amounted to CNY 30,907,569,647.20, an increase from CNY 29,954,563,963.65 at the end of the previous year[13] - The company's inventory decreased to CNY 7,585,347,962.25 from CNY 8,188,997,235.88 year-over-year[12] - The total current liabilities were reported at CNY 12,000,000,000, with accounts payable at CNY 1,876,121,581.39[13] Shareholder Information - Shareholders' equity attributable to the parent company increased by 24.44% to ¥18,943,541,046.69 compared to the end of the previous year[4] - The top ten shareholders include Shanxi Xinghuacun Fenjiu Group Co., Ltd., holding 56.56% of shares, and Huachuang Xinxin (Hong Kong) Co., Ltd., holding 11.38%[8] Revenue Breakdown - The total revenue for the first quarter of 2022 reached CNY 1,048,066.32 million, with the main product, Fenjiu, contributing CNY 987,322.65 million[10] - The company’s revenue from direct sales (including group purchases) was CNY 16,182.46 million, while revenue from agents was CNY 975,318.49 million[10] - The revenue from e-commerce platforms was CNY 56,565.37 million, indicating a growing trend in online sales[10] Research and Development - Research and development expenses for Q1 2022 were ¥7,480,008.27, up from ¥4,196,631.90 in Q1 2021, indicating a focus on innovation[15] Investment Activities - The net cash flow from investing activities was CNY -8,328,752,235.83, a decline from CNY -227,692,920.00 in Q1 2021, indicating a worsening of investment cash flow[20] - Cash inflow from investing activities totaled CNY 1,381,945,679.73, compared to CNY 929,977,565.53 in the previous year, marking an increase of about 48.3%[20] - Cash outflow from investing activities was CNY 9,710,697,915.56, significantly higher than CNY 1,157,670,485.53 in Q1 2021, reflecting an increase of approximately 738%[20]