渤海汽车(600960) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,051,157,443.68, representing a decrease of 13.75% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 20,250,134.71, a decline of 542.64% year-on-year[5] - Basic earnings per share were reported at -0.0213 yuan, reflecting a decrease of 542.64% compared to the same period last year[6] - Operating profit decreased by 262.99%, mainly impacted by rising raw material prices and increased costs[11] - Total operating revenue for Q1 2022 was ¥1,051,157,443.68, a decrease of 13.75% compared to ¥1,218,675,215.59 in Q1 2021[25] - Net profit for Q1 2022 was a loss of ¥18,787,466.88, compared to a profit of ¥4,399,049.04 in Q1 2021[26] - Operating profit for Q1 2022 was a loss of ¥16,336,363.36, compared to a profit of ¥9,246,677.29 in Q1 2021[26] - The total comprehensive loss attributable to the parent company for Q1 2022 was CNY -274,328,918.56, compared to a loss of CNY -28,389,181.14 in Q1 2021[27] - Other comprehensive income for Q1 2022 was a loss of ¥257,300,752.17, compared to a loss of ¥43,815,523.68 in Q1 2021[26] - The total comprehensive income for Q1 2022 was a loss of ¥276,088,219.05, compared to a loss of ¥39,416,474.64 in Q1 2021[26] Cash Flow - The net cash flow from operating activities was negative at CNY 121,114,306.00, down 553.82% from the previous year[5] - Cash inflow from operating activities for Q1 2022 was CNY 989,491,405.02, down from CNY 1,148,053,908.07 in Q1 2021, representing a decrease of approximately 13.8%[29] - Net cash outflow from operating activities for Q1 2022 was CNY -121,114,306.00, compared to a net inflow of CNY 26,687,599.11 in Q1 2021[30] - Cash inflow from financing activities for Q1 2022 was CNY 748,395,130.54, significantly higher than CNY 250,000,000.00 in Q1 2021[31] - Net cash flow from financing activities for Q1 2022 was CNY 616,624,772.47, compared to a net outflow of CNY -786,543,017.58 in Q1 2021[31] - The ending balance of cash and cash equivalents as of the end of Q1 2022 was CNY 1,451,663,123.53, an increase from CNY 1,327,705,346.82 at the end of Q1 2021[31] - The company reported a decrease in cash received from sales of goods and services, totaling CNY 946,606,122.17 in Q1 2022, down from CNY 1,101,504,395.07 in Q1 2021[29] - Total cash outflow from operating activities in Q1 2022 was CNY 1,110,605,711.02, slightly lower than CNY 1,121,366,308.96 in Q1 2021[30] - The company experienced a significant decrease in investment income received, which was CNY 13,040,166.40 in Q1 2022, down from CNY 52,907,040.81 in Q1 2021[30] Assets and Liabilities - Total assets increased by 3.39% to CNY 8,525,852,393.21 from CNY 8,246,267,783.04 at the end of the previous year[6] - Total current assets reached RMB 4,496,352,771.52, up from RMB 3,811,374,925.78, marking a growth of around 17.9%[21] - Accounts receivable increased to RMB 954,698,979.74 from RMB 815,542,234.72, representing a rise of about 17% year-over-year[21] - Inventory levels rose to RMB 1,114,467,524.63 compared to RMB 1,027,721,604.21, indicating an increase of approximately 8.4%[21] - Total liabilities rose to ¥3,536,901,439.70 in Q1 2022, up from ¥2,982,618,052.64 in Q1 2021, indicating an increase of 18.63%[23] - The company's equity decreased to ¥4,988,950,953.51 in Q1 2022 from ¥5,263,649,730.40 in Q1 2021, a decline of 5.21%[23] Legal and Regulatory Matters - The company provided a guarantee of RMB 100 million for Shandong Huaxing Machinery Co., Ltd., with the loan having been overdue, leading to a total compensation of RMB 108,402,689.88[15] - The company’s subsidiary, Bohai Microfinance, provided a loan of RMB 70 million to Shandong Hengda Precision Template Technology Co., Ltd., which remains unpaid, resulting in ongoing legal proceedings[16] - The company has successfully won lawsuits related to loan recoveries, with cases entering enforcement procedures[18] - The company is currently involved in litigation concerning environmental pollution, with potential financial implications estimated at approximately RMB 3.05 million[17] - The company’s financial report is unaudited, indicating that the figures presented are subject to final verification[20] Government Support - The company received government subsidies amounting to CNY 9,812,338.97, contributing to an increase in other income by 84.27%[11]