兰石重装(603169) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 906,662,478.26, representing a year-on-year increase of 12.13%[4] - The net profit attributable to shareholders was CNY 27,833,938.83, reflecting a growth of 24.35% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 22,671,998.00, an increase of 21.96% year-on-year[4] - Basic earnings per share reached CNY 0.0213, marking a significant increase of 93.64% compared to the previous year[4] - Total operating revenue for Q1 2022 was $906.66 million, a 12.14% increase from $808.59 million in Q1 2021[17] - Net profit for Q1 2022 reached $27.71 million, compared to $26.68 million in Q1 2021, reflecting a 3.86% increase[18] - The total comprehensive income for Q1 2022 was $27.71 million, compared to $26.68 million in Q1 2021, showing a 3.86% increase[18] - The net profit for Q1 2022 reached approximately ¥25.88 million, up 55.0% from ¥16.70 million in Q1 2021[30] - The total profit for Q1 2022 was approximately ¥24.97 million, representing a 58.0% increase from ¥15.79 million in Q1 2021[29] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 11,955,402,225.90, a decrease of 1.33% from the end of the previous year[4] - As of March 31, 2022, the company's total assets amounted to approximately ¥11.96 billion, a decrease from ¥12.12 billion as of December 31, 2021, reflecting a decline of about 1.36%[12] - The company's total current assets decreased to approximately ¥8.17 billion from ¥8.56 billion, representing a decline of about 4.59%[12] - The total liabilities decreased to approximately ¥8.74 billion from ¥8.93 billion, indicating a reduction of about 2.12%[14] - The company's total current assets decreased to $7.18 billion from $7.56 billion year-over-year, primarily due to a reduction in cash and cash equivalents[24] - The total liabilities decreased to $7.50 billion from $7.66 billion, reflecting a reduction in current liabilities[26] - The total assets decreased to $10.56 billion from $10.69 billion, indicating a contraction in the asset base[24] Cash Flow - The company's cash flow from operating activities was CNY 61,180,037.32, with a notable increase in cash collection compared to the previous year[7] - Cash flow from operating activities for Q1 2022 was $61.18 million, a significant improvement from a negative cash flow of $1.59 million in Q1 2021[21] - The cash and cash equivalents at the end of the period were $899.61 million, down from $1.44 billion at the beginning of the period[22] - The cash and cash equivalents at the end of Q1 2022 were approximately ¥801.88 million, an increase from ¥253.04 million at the end of Q1 2021[33] Expenses - Research and development expenses increased by 71.90% due to higher investment in R&D compared to the same period last year[6] - Research and development expenses increased to $13.71 million in Q1 2022, compared to $7.98 million in Q1 2021, marking a 72.36% rise[17] - Sales expenses rose to $16.55 million in Q1 2022, up from $13.67 million in Q1 2021, indicating a 20.92% increase[17] - Management expenses increased to $39.16 million in Q1 2022, compared to $25.96 million in Q1 2021, reflecting a 50.73% increase[17] - The company incurred financial expenses of approximately ¥33.71 million in Q1 2022, down from ¥54.91 million in Q1 2021, indicating improved financial management[29] Inventory and Receivables - The company's inventory decreased to approximately ¥2.51 billion from ¥2.61 billion, a decline of about 3.67%[12] - Accounts receivable decreased to approximately ¥1.20 billion from ¥1.31 billion, reflecting a decline of about 8.54%[12] - The inventory level decreased to $1.42 billion from $1.50 billion, indicating improved inventory management[24] Investments and Financing - The company raised $1.43 billion in financing activities, but cash outflows for debt repayment were $1.70 billion[22] - The company’s long-term investments remained stable at approximately ¥188.30 million, unchanged from the previous period[12] - The company’s long-term investments remained stable at $1.46 billion, indicating no significant changes in investment strategy[24] - The company’s contract liabilities increased to approximately ¥1.78 billion from ¥1.60 billion, reflecting a growth of about 11.37%[13] - The company’s contract liabilities increased to $1.62 billion from $1.44 billion, suggesting growth in deferred revenue[26]