东方电缆(603606) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,816,070,541.74, representing a year-on-year increase of 25.60%[4] - The net profit attributable to shareholders was ¥278,336,008.50, with a slight increase of 0.16% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥277,423,497.86, reflecting a year-on-year increase of 0.76%[4] - The company achieved a main business revenue of RMB 1.811 billion in Q1 2022, representing a year-on-year growth of 25.30%[13] - The net profit attributable to shareholders for the same period was RMB 278 million, with a slight year-on-year increase of 0.16% and a quarter-on-quarter increase of 22.47%[13] - Total operating revenue for Q1 2022 was RMB 1,816,070,541.74, an increase of 25.5% from RMB 1,445,926,477.03 in Q1 2021[19] - Net profit for Q1 2022 was RMB 278,348,645.49, a slight increase from RMB 277,892,148.04 in Q1 2021[20] - Basic earnings per share for Q1 2022 was RMB 0.40, compared to RMB 0.42 in Q1 2021[21] - Total comprehensive income for Q1 2022 was RMB 316,825,868.19, slightly down from RMB 318,543,365.99 in Q1 2021[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥844,093,061.52, indicating a significant cash outflow[5] - The company's cash flow from operating activities showed a significant negative figure due to delayed customer payments caused by domestic pandemic impacts, leading to an increase in accounts receivable[13] - Cash inflow from operating activities in Q1 2022 was RMB 1,097,982,365.77, down from RMB 1,435,055,083.05 in Q1 2021[22] - The net cash flow from operating activities was -$844,093,061.52, a significant decrease compared to $16,501,529.57 in the previous year[24] - Total cash outflow from operating activities amounted to $1,942,075,427.29, up from $1,418,553,553.48 year-over-year[24] - The company reported a significant increase in cash paid for operating activities, totaling $231,416,882.32, compared to $127,354,830.04 in the previous year[24] - The ending cash and cash equivalents balance was $808,912,959.82, down from $869,627,350.19 in the previous year[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,725,744,411.87, an increase of 4.08% from the end of the previous year[5] - Current liabilities totaled RMB 3.218 billion, a decrease from RMB 3.413 billion in the previous year[18] - The company’s inventory stood at RMB 1.480 billion, slightly down from RMB 1.518 billion year-on-year[14] - The total equity attributable to shareholders increased to RMB 5.198 billion from RMB 4.882 billion in the previous year[18] Expenses and Investments - The company reported a 53.07% increase in selling expenses, driven by market expansion efforts[7] - Total operating costs for Q1 2022 were RMB 1,440,534,539.72, up 29.2% from RMB 1,114,593,990.51 in Q1 2021[19] - Research and development expenses for Q1 2022 were RMB 54,497,254.55, an increase from RMB 48,410,418.47 in Q1 2021[19] - Financial expenses for Q1 2022 were RMB 1,233,163.59, significantly higher than RMB 537,922.21 in Q1 2021[19] - Investment loss for Q1 2022 was RMB -917,234.51, worsening from RMB -450,491.04 in Q1 2021[19] Shareholder Information - The company’s major shareholder, Ningbo Dongfang Group Co., Ltd., holds 31.63% of the shares, with 11,000,000 shares pledged[10] Order Backlog - As of the end of the reporting period, the company had a backlog of orders totaling RMB 9.187 billion, with RMB 5.464 billion from submarine cable systems, RMB 2.884 billion from land cable systems, and RMB 839 million from marine engineering[13]