恒通股份(603223) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,189,860,768.03, a decrease of 21.54% compared to ¥1,516,574,942.57 in the same period last year[6]. - Net profit attributable to shareholders was ¥10,002,034.67, down 83.61% from ¥63,515,463.91 year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥3,994,398.72, reflecting a decline of 91.31% compared to ¥48,460,847.86 in the previous year[6]. - Basic and diluted earnings per share were both ¥0.04, down 81.82% from ¥0.22 in the previous year[8]. - The weighted average return on equity decreased to 0.82%, down from 5.03% year-on-year[8]. - Total revenue for Q1 2022 was ¥1,189,860,768.03, a decrease of 21.5% from ¥1,516,574,942.57 in Q1 2021[35]. - Net profit for Q1 2022 was ¥13,064,806.65, a decline of 83.0% compared to ¥76,914,661.93 in Q1 2021[39]. - The total comprehensive income attributable to the parent company was 10,002,034.67 RMB, down from 61,031,042.81 RMB in the same quarter last year, a decline of about 83.7%[45]. - The company reported a total comprehensive income of 13,064,806.65 RMB, compared to 76,914,661.93 RMB in Q1 2021, indicating a decrease of approximately 83.0%[45]. Cash Flow and Liquidity - Cash flow from operating activities was negative at -¥38,635,918.44, a significant drop from ¥136,298,791.27 in the same period last year, representing a decrease of 130.45%[6]. - In Q1 2022, the company reported a net cash flow from operating activities of -38,635,918.44 RMB, a decrease from 126,889,615.16 RMB in Q1 2021[45]. - The company incurred total cash outflows from operating activities of 1,256,338,718.96 RMB, compared to 1,501,315,767.38 RMB in Q1 2021, indicating a reduction of about 16.3%[45]. - Cash inflows from investment activities totaled 63,600.00 RMB, significantly lower than 525,308,724.25 RMB in Q1 2021, marking a decline of over 99%[45]. - The net cash flow from financing activities was 106,272,102.79 RMB, a recovery from a negative cash flow of -87,691,568.52 RMB in the previous year[47]. - The company’s cash and cash equivalents at the end of the period stood at 340,598,435.36 RMB, slightly down from 354,753,112.23 RMB at the end of Q1 2021[47]. - The company's cash and cash equivalents were reported at 402,164,945.66 RMB, an increase from 379,374,725.40 RMB year-over-year[29]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,814,090,306.99, an increase of 4.28% from ¥1,739,566,817.64 at the end of the previous year[8]. - Current liabilities rose to ¥506,857,615.37, an increase of 13.5% from ¥446,524,201.23 in the previous year[35]. - The total accounts receivable increased to 199,753,531.80 RMB from 114,341,364.61 RMB, reflecting a significant rise of approximately 74.8%[29]. - The total equity attributable to shareholders increased to ¥1,219,882,410.51 from ¥1,208,400,302.71, a growth of 0.6%[35]. - The company reported a significant increase in long-term equity investments, rising to 139,463,446.38 RMB from 136,456,107.72 RMB[29]. Operational Performance - The company experienced a 54.01% decrease in sales expenses due to reduced performance bonuses and travel expenses amid the pandemic[16]. - Investment income increased by 1,144.39%, driven by higher earnings from joint ventures[16]. - In Q1 2022, the average price of LNG in China was 6,326.44 RMB/ton, an increase of 43.85% year-over-year[20]. - LNG consumption reached 6.2148 million tons, a decrease of 23.87% compared to the previous quarter due to high prices suppressing downstream demand[20]. - In March 2022, the domestic logistics and terminal demand were significantly impacted by the pandemic, leading to a substantial drop in LNG prices[21]. - The overall market sentiment remained cautious, with price fluctuations observed due to regional price differences and high receiving station prices[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,437, with the top ten shareholders holding a combined 72.57% of shares[22]. - Liu Zhendong, the largest shareholder, held 58,513,614 shares, representing 20.73% of the total shares[22]. Research and Development - Research and development expenses were not detailed but are essential for future product development and innovation[39]. - The company is focusing on market expansion strategies, although specific initiatives were not disclosed in the report[39].