惠达卫浴(603385) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥679,570,261.82, representing a decrease of 4.20% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was -¥1,379,641.91, a decline of 103.43% year-on-year[6]. - The basic earnings per share for the period was -¥0.0036, reflecting a decrease of 103.40% compared to the previous year[7]. - Total operating revenue for Q1 2022 was ¥679,570,261.82, a decrease of 4.5% compared to ¥709,331,377.03 in Q1 2021[19]. - Net profit for Q1 2022 was a loss of ¥8,054,325.38, compared to a net profit of ¥42,578,421.73 in Q1 2021, representing a significant decline[20]. - Total profit for Q1 2022 was a loss of ¥15,106,379.68, compared to a profit of ¥47,057,993.35 in Q1 2021[20]. - The company incurred financial expenses of ¥8,412,520.52 in Q1 2022, compared to a financial income of -¥513,744.59 in Q1 2021[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,156,877,694.91, down 2.73% from the end of the previous year[7]. - As of March 31, 2022, the total current assets amounted to RMB 3,267,509,873.17, a decrease of 6.31% from RMB 3,488,229,847.95 at the end of 2021[15]. - The total liabilities decreased to RMB 2,111,732,508.02, down 7.33% from RMB 2,278,688,686.43[16]. - The total assets as of March 31, 2022, were RMB 6,156,877,694.91, a decline of 2.73% compared to RMB 6,329,542,919.12 at the end of 2021[16]. - The total non-current assets amounted to RMB 2,889,367,821.74, an increase of 1.69% from RMB 2,841,313,071.17[15]. Cash Flow - The company's cash flow from operating activities was ¥18,144,584.72, with no applicable year-on-year comparison[6]. - Operating cash flow for Q1 2022 was ¥18,144,584.72, recovering from a negative cash flow of ¥107,722,056.04 in Q1 2021[22]. - Cash and cash equivalents at the end of Q1 2022 totaled ¥514,947,342.67, down from ¥1,037,071,666.77 at the end of Q1 2021[23]. - Investment activities generated a net cash inflow of ¥88,484,092.27 in Q1 2022, compared to a net outflow of ¥69,747,400.66 in Q1 2021[23]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,295[10]. - The top shareholder, Wang Huiwen, holds 17.42% of the shares, totaling 66,982,269 shares[11]. Inventory and Receivables - The inventory decreased to RMB 1,072,897,782.78 from RMB 1,109,834,245.27, reflecting a reduction of 3.33%[15]. - The accounts receivable stood at RMB 907,347,349.44, down from RMB 960,729,889.13, indicating a decrease of 5.55%[14]. Costs and Expenses - Total operating costs increased to ¥718,526,215.04 in Q1 2022, up 3.7% from ¥692,646,835.28 in Q1 2021[19]. - The gross profit margin decreased by 5.54 percentage points, primarily due to increased fixed costs from production halts at the Tangshan base due to the pandemic[7]. - Cash and cash equivalents increased by 33.00%, mainly due to the maturity of financial investments[8]. - The company reported a 41.21% decrease in trading financial assets, attributed to the maturity of financial investments[8].