水星家纺(603365) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 806,283,685.01, representing a year-on-year increase of 12.32%[3] - The net profit attributable to shareholders for the same period was CNY 84,694,043.89, up by 7.36% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 6.15% to CNY 66,560,701.68[3] - The basic earnings per share for Q1 2022 was CNY 0.32, reflecting an increase of 6.45% year-on-year[3] - The operating profit for Q1 2022 was CNY 97,803,217.67, up from CNY 89,043,720.06 in the same period last year, reflecting a growth of 8.5%[15] - The total profit for Q1 2022 was CNY 98,089,569.89, compared to CNY 95,874,651.25 in Q1 2021, reflecting a growth of 2.3%[15] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,412,227,437.05, a decrease of 1.79% from the end of the previous year[3] - Total assets decreased to ¥3,412,227,437.05 from ¥3,474,352,717.78 as of December 31, 2021, reflecting a decline of 1.8%[13] - Total liabilities decreased to ¥690,564,495.49 from ¥837,383,820.12, a reduction of 17.5%[12] - The equity attributable to shareholders increased by 3.21% to CNY 2,721,662,941.56 compared to the end of the previous year[3] Cash Flow - The net cash flow from operating activities was negative at CNY -72,007,926.98, indicating a significant cash outflow[3] - Cash inflow from operating activities in Q1 2022 was CNY 968,144,687.74, slightly higher than CNY 949,167,714.30 in Q1 2021[17] - The net cash flow from operating activities was negative at CNY -72,007,926.98, an improvement from CNY -94,900,263.23 in the previous year[17] - The company reported cash outflow from investing activities of CNY 153,111,852.43 in Q1 2022, down from CNY 193,539,348.44 in Q1 2021, indicating a reduction of 20.9%[18] - The cash outflow from financing activities was CNY 6,432,182.84 in Q1 2022, with no cash inflow reported[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,652[8] - The largest shareholder, Mercury Holdings Group Co., Ltd., held 40.42% of the shares, totaling 107,800,000 shares[8] Operational Costs and Expenses - Total operating costs for Q1 2022 were ¥732,030,682.38, up 14.8% from ¥637,380,659.59 in Q1 2021[14] - Gross profit for Q1 2022 was ¥74,253,002.63, resulting in a gross margin of approximately 9.2%[14] - Research and development expenses increased to ¥13,044,692.06, representing a rise of 12.1% from ¥11,643,972.79 in Q1 2021[14] Future Outlook - Future outlook includes potential market expansion and new product development strategies, although specific figures were not provided in the report[14] Cash and Inventory - Cash and cash equivalents as of March 31, 2022, were ¥938,511,251.54, down 20% from ¥1,170,643,223.97 as of December 31, 2021[11] - Total cash and cash equivalents at the end of Q1 2022 were CNY 938,313,798.99, compared to CNY 725,223,135.97 at the end of Q1 2021, showing a year-on-year increase of 29.4%[18] - Inventory as of March 31, 2022, was ¥946,096,721.48, slightly up from ¥930,712,741.57 as of December 31, 2021[11] Foreign Exchange - The company experienced a foreign exchange loss of CNY -4,264.80 in Q1 2022, compared to a loss of CNY -78,556.03 in Q1 2021, indicating a decrease in losses[18]