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北矿科技(600980) - 2022 Q1 - 季度财报
BGRIMMTECBGRIMMTEC(SH:600980)2022-04-25 16:00

Financial Performance - The company's operating revenue for Q1 2022 was CNY 172,792,726.84, representing a year-on-year increase of 13.88%[6] - Net profit attributable to shareholders for the same period was CNY 25,694,331.45, reflecting a significant increase of 95.16% compared to the previous year[6] - Basic earnings per share were CNY 0.1478, which is an increase of 73.27% compared to the same period last year[9] - The company reported a decrease of 13.97% in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to CNY 10,721,049.65[6] - Total revenue for Q1 2022 reached ¥172,792,726.84, an increase of 13.9% compared to ¥151,730,571.80 in Q1 2021[22] - Net profit for Q1 2022 was ¥25,664,486.25, representing a 96.3% increase from ¥13,102,832.38 in Q1 2021[23] - Operating profit for Q1 2022 was ¥32,861,161.55, a significant rise of 85.6% compared to ¥17,683,406.70 in Q1 2021[23] Cash Flow - The net cash flow from operating activities reached CNY 13,256,156.96, up by 46.57% year-on-year[6] - Cash flow from operating activities for Q1 2022 was ¥13,256,156.96, an increase of 46.5% from ¥9,044,482.15 in Q1 2021[27] - The company’s cash and cash equivalents decreased to CNY 216,556,720.37 from CNY 223,356,622.60, representing a decline of about 3.6%[18] - Cash and cash equivalents at the end of Q1 2022 totaled ¥215,914,044.54, a decrease from ¥222,894,132.60 at the beginning of the period[28] - The total cash and cash equivalents at the end of Q1 2022 were 79,721,669.95 RMB, down from 129,295,964.81 RMB at the end of Q1 2021[35] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 1,282,913,906.85, a growth of 2.67% from the end of the previous year[7] - The company reported a total equity of CNY 965,831,680.05 as of March 31, 2022, compared to CNY 939,274,795.48 at the end of 2021, indicating an increase of about 2.8%[20] - The company’s total liabilities increased to CNY 317,082,226.80 from CNY 310,303,682.84, which is an increase of approximately 2.5%[19] - Total current assets decreased to CNY 274,513,582.55 from CNY 351,813,164.84, a decline of approximately 22%[29] - Total liabilities decreased to CNY 100,206,595.69 from CNY 161,466,689.85, a decline of approximately 38%[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 23,881[11] - The largest shareholder, Minmetals Technology Group Co., Ltd., held 46.36% of the shares, totaling 80,586,916 shares[11] Acquisition Plans - The company plans to acquire 100% equity of Zhuzhou Torch Industrial Furnace Co., Ltd. from its controlling shareholder through a combination of issuing shares and cash payment, which constitutes a related party transaction but does not qualify as a major asset restructuring[13] - The acquisition is subject to shareholder approval and regulatory authority clearance, with the timeline for approval remaining uncertain[15] - The company aims to achieve horizontal integration in the metallurgy equipment sector through the acquisition, enhancing its product offerings and market reach[14] Other Financial Metrics - Non-recurring gains and losses totaled CNY 14,973,281.80, primarily due to increased government subsidies received during the period[8] - Research and development expenses for Q1 2022 were ¥4,893,739.79, down 20.8% from ¥6,178,463.47 in Q1 2021[23] - The company reported a significant increase in other income, which rose to ¥17,577,531.81 in Q1 2022 from ¥728,528.16 in Q1 2021[23] - Investment income for Q1 2022 was CNY 860,557.96, a substantial increase from CNY 2,194.92 in Q1 2021[32]