地素时尚(603587) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥596,912,506.06, representing a decrease of 9.09% compared to the same period last year[5] - The net profit attributable to shareholders was ¥150,370,248.74, down 23.07% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥100,343,238.24, a decline of 38.14% compared to the previous year[5] - The basic earnings per share for the period was ¥0.32, a decrease of 21.95% compared to the same period last year[5] - Net profit for Q1 2022 was $150.37 million, down 23.1% from $195.47 million in Q1 2021[30] - Basic earnings per share for Q1 2022 was $0.32, compared to $0.41 in Q1 2021[30] Cash Flow - The net cash flow from operating activities was ¥83,772,557.26, reflecting a significant decrease of 53.65% year-over-year[5] - Cash flow from operating activities for Q1 2022 was $83.77 million, a decrease of 53.7% from $180.73 million in Q1 2021[35] - Cash inflow from investment activities in Q1 2022 was $569.68 million, an increase from $504.34 million in Q1 2021[35] - Cash inflow from financing activities in Q1 2022 was $246,483,055.55, an increase of 27% from $194,280,833.33 in Q1 2021[36] - Cash outflow related to financing activities in Q1 2022 was $73,116,906.09, up 162.1% from $27,911,716.22 in Q1 2021[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,927,858,599.03, an increase of 5.04% from the end of the previous year[7] - The company's total assets amounted to approximately ¥4.93 billion, an increase from ¥4.69 billion as of December 31, 2021, representing a growth of about 5.1%[20] - The company's total liabilities reached approximately ¥1.02 billion as of March 31, 2022, compared to ¥933.4 million at the end of 2021, marking an increase of about 9.1%[25] - The company's equity attributable to shareholders at the end of the reporting period was ¥3,908,026,723.45, up 4.03% from the previous year[7] - The company's equity attributable to shareholders was approximately ¥3.91 billion as of March 31, 2022, compared to ¥3.76 billion at the end of 2021, showing an increase of about 4.0%[25] Expenses - Total operating costs increased to $449.24 million in Q1 2022, up 6.4% from $422.24 million in Q1 2021[29] - Research and development expenses for Q1 2022 were $18.57 million, up 29.5% from $14.38 million in Q1 2021[29] - Sales expenses increased to $251.49 million in Q1 2022, compared to $238.27 million in Q1 2021[29] - The company reported a tax expense of $51.26 million in Q1 2022, down from $65.79 million in Q1 2021[29] Cash and Cash Equivalents - The company's cash and cash equivalents were approximately ¥2.78 billion as of March 31, 2022, up from ¥2.07 billion at the end of 2021, reflecting a growth of about 34.1%[20] - Cash and cash equivalents increased by $708,993,769.60 in Q1 2022, compared to an increase of $599,837,318.86 in Q1 2021, reflecting a growth of 18.2%[36] - The ending balance of cash and cash equivalents for Q1 2022 was $2,783,837,105.55, up from $2,426,366,493.07 in Q1 2021, representing a year-over-year increase of 14.7%[36] Inventory and Payables - The company's inventory increased to approximately ¥359.42 million as of March 31, 2022, from ¥323.34 million at the end of 2021, representing a growth of about 11.2%[20] - The company's accounts payable decreased to approximately ¥69.25 million as of March 31, 2022, from ¥102.99 million at the end of 2021, indicating a reduction of about 32.8%[25] - The company reported a decrease in other current liabilities to approximately ¥66.52 million as of March 31, 2022, down from ¥82.04 million at the end of 2021, reflecting a decline of about 18.9%[25] Management and Reporting - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[19] - The financial report was presented by the company's management team, including the head of accounting and the accounting institution head[38] - The company did not apply the new accounting standards for the first quarter of 2022[40] Other Comprehensive Income - Other comprehensive income after tax for Q1 2022 was $3.10 million, significantly higher than $0.51 million in Q1 2021[30]