维远股份(600955) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,976,901,180.72, representing a decrease of 12.18% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥303,784,338.23, down 48.59% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥291,694,998.86, a decline of 50.50% compared to the previous year[6]. - Basic earnings per share were ¥0.55, down 61.54% from the same period last year[6]. - Total operating revenue for Q1 2022 was approximately ¥1.98 billion, a decrease of 12.1% compared to ¥2.25 billion in Q1 2021[20]. - Net profit for Q1 2022 was approximately ¥303.78 million, down 48.5% from ¥590.93 million in Q1 2021[23]. - Basic and diluted earnings per share for Q1 2022 were both ¥0.55, compared to ¥1.43 in Q1 2021[23]. - The decline in net profit was primarily due to equipment maintenance and rising raw material prices[9]. Cash Flow and Assets - The net cash flow from operating activities was ¥366,936,776.79, reflecting a decrease of 55.07% year-on-year[6]. - Cash flow from operating activities generated a net amount of approximately ¥366.94 million, a decrease of 55.1% from ¥816.69 million in Q1 2021[25]. - Cash inflow from investment activities totaled approximately ¥2.89 billion, significantly higher than ¥1.67 billion in Q1 2021[25]. - Cash outflow for the purchase of fixed assets and intangible assets was approximately ¥562.20 million, compared to ¥175.84 million in Q1 2021[25]. - The company's cash and cash equivalents reached ¥1.82 billion, up from ¥1.03 billion in the previous year, indicating a significant increase of approximately 76.5%[14]. - Total cash and cash equivalents at the end of the period reached $1.62 billion, up from $503.31 million year-over-year[26]. - The beginning cash and cash equivalents balance was $827.24 million, compared to $189.86 million in the previous year[26]. Liabilities and Equity - The total current liabilities were reported at ¥1.11 billion, compared to ¥900.69 million in the previous year, representing an increase of about 23.3%[16]. - The total equity attributable to shareholders increased to approximately ¥8.34 billion from ¥8.25 billion, indicating a growth of about 1.1%[19]. - The company's accounts payable decreased to ¥275.32 million from ¥292.79 million, reflecting a reduction of about 5.9%[16]. - The company reported a decrease in short-term borrowings to ¥311.85 million from ¥316.60 million, a reduction of about 1.5%[16]. Assets Overview - Total assets at the end of the reporting period were ¥9,526,396,248.47, an increase of 3.18% from the end of the previous year[8]. - As of March 31, 2022, the company's total assets amounted to approximately ¥9.53 billion, an increase from ¥9.23 billion at the end of 2021, reflecting a growth of about 3.3%[14]. - The company's non-current assets totaled approximately ¥4.53 billion, an increase from ¥4.11 billion, showing a growth of around 10%[16]. - The company's inventory as of March 31, 2022, was reported at ¥371.70 million, an increase from ¥309.18 million, reflecting a growth of approximately 20.2%[14]. - The company's financial assets at fair value through profit or loss decreased to ¥2.62 billion from ¥3.73 billion, a decline of approximately 29.9%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,933[10]. - The net assets attributable to shareholders increased by 1.05% to ¥8,335,785,244.46 compared to the end of the previous year[8]. - The company's retained earnings increased to approximately ¥3.05 billion from ¥2.96 billion, indicating a growth of about 3%[19]. Tax and Expenses - The company’s tax expenses decreased to approximately ¥101.24 million from ¥197.47 million in Q1 2021, reflecting a reduction of 48.7%[20]. Investment Activities - The company reported a significant increase in investment income received, amounting to approximately ¥22.60 million, compared to ¥0.20 million in Q1 2021[25]. - Cash outflow from investing activities amounted to $2.47 billion, compared to $1.84 billion in the prior period[26]. - Net cash flow from investing activities was $425.49 million, a significant improvement from a net outflow of $175.64 million in the previous period[26]. Market and Product Development - The company did not report any new product or technology developments during this period[28]. - There were no significant market expansion or acquisition strategies mentioned in the earnings call[28]. - The company is not applying the new accounting standards for the first quarter of 2022[28].