中材节能(603126) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 582,606,371.44, a decrease of 27.18% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 32,003,798.14, an increase of 15.06% year-on-year[5] - The net cash flow from operating activities was CNY -1,283,211.64, showing a significant increase of 99.23% compared to the previous year[5] - The basic earnings per share were CNY 0.0524, reflecting a growth of 14.91% year-on-year[5] - The total operating costs for Q1 2022 were CNY 546,577,502.76, a decrease from CNY 770,509,797.34 in Q1 2021, representing a reduction of approximately 29%[20] - The net profit for Q1 2022 was CNY 48,352,099.16, compared to CNY 36,319,212.48 in Q1 2021, indicating an increase of about 33%[21] - The operating profit for Q1 2022 was CNY 58,500,680.24, up from CNY 40,063,201.99 in Q1 2021, reflecting a growth of approximately 46%[20] - The total comprehensive income for Q1 2022 was CNY 46,189,491.97, compared to CNY 34,242,660.86 in Q1 2021, marking an increase of approximately 35%[21] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.0524, up from CNY 0.0456 in Q1 2021, representing an increase of about 15%[21] - The tax expenses for Q1 2022 were CNY 8,705,984.39, compared to CNY 3,717,064.50 in Q1 2021, indicating an increase of approximately 134%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,431,070,710.96, a slight increase of 0.11% from the end of the previous year[5] - Current assets as of March 31, 2022, totaled RMB 3,137,359,945.28, down from RMB 3,216,671,351.60 at the end of 2021, reflecting a decrease of 2.5%[16] - Cash and cash equivalents were RMB 838,681,368.42, a decline from RMB 913,330,360.24, representing a decrease of 8.2%[16] - Accounts receivable increased to RMB 911,554,573.82 from RMB 839,766,457.08, marking an increase of 8.5%[16] - Total liabilities decreased to RMB 2,117,344,192.30 from RMB 2,158,888,867.83, a reduction of 1.9%[18] - Total assets as of March 31, 2022, were RMB 4,431,070,710.96, slightly up from RMB 4,426,094,760.88 at the end of 2021[17] - Non-current assets increased to RMB 1,293,710,765.68 from RMB 1,209,423,409.28, an increase of 7.0%[17] - The company reported a decrease in inventory to RMB 735,191,205.66 from RMB 772,731,983.44, a decline of 4.9%[16] - The company’s equity attributable to shareholders increased to RMB 1,950,389,851.20 from RMB 1,920,048,935.12, an increase of 1.6%[18] - The company’s short-term borrowings decreased significantly to RMB 20,000,000.00 from RMB 50,000,000.00, a reduction of 60.0%[17] Government Support and External Factors - The company received government subsidies amounting to CNY 13,048,538.22, contributing positively to net profit[8] - The company experienced a decrease in equipment manufacturing revenue, which significantly impacted overall revenue performance[6] - The gross margin for energy-saving and environmental protection engineering business was affected by pandemic-related factors, leading to a decline[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 68,349[12] - The largest shareholder, China National Materials Group Corporation, held 50.66% of the shares[12] Cash Flow Activities - The cash flow from operating activities for Q1 2022 was negative CNY 1,283,211.64, an improvement from negative CNY 166,865,293.55 in Q1 2021[25] - The cash flow from investing activities for Q1 2022 was negative CNY 104,076,998.59, compared to negative CNY 14,135,128.50 in Q1 2021, indicating increased investment outflows[25] - The cash flow from financing activities for Q1 2022 was positive CNY 41,513,950.56, contrasting with negative CNY 11,170,247.63 in Q1 2021, showing a significant turnaround[25] Accounting Standards and Reporting - The company implemented new accounting standards starting from Q1 2022[26] - The board of directors announced the financial report on April 27, 2022[26] - The report indicates the first-time execution of the new accounting standards[26] - There are no specific financial performance metrics or user data provided in the document[26] - Future outlook and performance guidance details are not included in the report[26] - Information regarding new product and technology development is absent[26] - Market expansion and acquisition strategies are not discussed in the document[26] - Other new strategies are not mentioned in the report[26] - The document does not provide any numerical data or percentage figures[26] - The report is categorized as not applicable for the new accounting standards adjustment[26]