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万里股份(600847) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥111,054,240.01, representing a decrease of 27.11% compared to the same period last year[3] - The net profit attributable to shareholders was -¥11,095,833.61, reflecting a significant decline of 985.22% year-over-year[3] - The basic and diluted earnings per share were both -¥0.07, indicating an 800% decrease compared to the previous year[3] - Total operating revenue for Q1 2022 was ¥111,054,240.01, a decrease of 27% compared to ¥152,348,701.63 in Q1 2021[18] - The net profit for Q1 2022 was a loss of ¥11,095,833.61, compared to a profit of ¥1,253,455.87 in Q1 2021, indicating a significant decline in profitability[19] - The total equity attributable to shareholders was ¥682,399,905.83, down from ¥693,495,739.44 in Q1 2021, representing a decline of about 1.6%[16] - Basic and diluted earnings per share for Q1 2022 were both -0.07 CNY, compared to 0.01 CNY in Q1 2021, indicating a significant decline in profitability[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥740,276,526.77, down 4.59% from the end of the previous year[4] - The company's total liabilities as of Q1 2022 amounted to ¥57,876,620.94, a decrease from ¥82,369,819.51 in the previous year[16] - The company's current assets totaled CNY 491,524,400.14, down from CNY 520,598,233.16, indicating a decrease of about 5.5% year-over-year[14] - The company's non-current assets totaled CNY 248,752,126.63, down from CNY 255,267,325.79, indicating a decrease of about 2.5%[14] - The total assets as of Q1 2022 were ¥740,276,526.77, down from ¥775,865,558.95 in the previous year, indicating a decrease of approximately 4.6%[16] Cash Flow - The net cash flow from operating activities was -¥9,303,103.92, with no applicable percentage change due to negative cash flow[3] - Net cash flow from operating activities for Q1 2022 was -9,303,103.92 CNY, an improvement from -48,088,009.05 CNY in Q1 2021[20] - Total cash inflow from operating activities was 94,877,325.22 CNY, down 17.1% from 114,443,087.09 CNY in the same period last year[20] - Cash outflow from operating activities decreased to 104,180,429.14 CNY, compared to 162,531,096.14 CNY in Q1 2021, reflecting better cost management[20] - Cash flow from investing activities was -327,511.10 CNY, an improvement from -767,224.21 CNY in Q1 2021, indicating reduced capital expenditures[21] - The ending cash and cash equivalents balance for Q1 2022 was 29,740,133.78 CNY, down from 39,370,748.80 CNY at the beginning of the period[21] Operational Efficiency - The company reported a 217.78% increase in other income, primarily due to an increase in government subsidies received during the period[6] - The company experienced a 41.87% decrease in cash paid for goods and services due to reduced production levels[6] - The company received 8,008,370.64 CNY in other operating cash, a substantial increase from 2,644,335.74 CNY in Q1 2021, indicating improved operational efficiency[20] - The company’s total cash outflow for employee payments was 8,205,395.31 CNY, a decrease from 9,724,452.45 CNY in the previous year, reflecting cost-cutting measures[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,374[8] - Shareholders' equity attributable to the parent company decreased by 1.60% to ¥682,399,905.83[4] Future Plans and Compliance - The company plans to acquire 48.95% equity of Chongqing Teri Battery Materials Co., Ltd. through a major asset swap and issuance of shares, raising up to CNY 150 million from no more than 35 specific investors[11] - The company is currently undergoing audits and evaluations related to the asset swap, with ongoing compliance to legal and regulatory requirements[12] - The company has received an inquiry letter from the Shanghai Stock Exchange regarding the asset swap and is actively responding to the questions raised[12] Research and Development - Research and development expenses increased to ¥573,099.72 in Q1 2022 from ¥465,273.00 in Q1 2021, reflecting a growth of about 23.3%[18]