镇海股份(603637) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥155,297,959.67, representing a decrease of 11.25% compared to the same period last year[5] - Net profit attributable to shareholders was ¥13,474,867.20, an increase of 39.57% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥12,251,187.51, showing a significant increase of 148.77% compared to the previous year[5] - Basic earnings per share for the period was ¥0.06, up by 50.00% from the previous year[6] - The net profit for Q1 2022 was CNY 13,474,867.20, representing a 39.0% increase compared to CNY 9,654,382.67 in Q1 2021[22] - Operating profit for Q1 2022 reached CNY 15,262,377.32, up from CNY 11,341,717.23 in the same period last year, indicating a growth of 34.0%[21] - The total comprehensive income for Q1 2022 was CNY 13,474,867.20, compared to CNY 9,654,382.67 in the previous year, reflecting a growth of 39.0%[22] - Net profit for Q1 2022 was ¥13,548,294.94, representing a significant increase of 149.5% from ¥5,423,494.37 in Q1 2021[33] Cash Flow - The net cash flow from operating activities was -¥116,821,218.29, a decrease of 437.84% year-on-year, indicating a substantial cash outflow[5] - Cash flow from operating activities showed a net outflow of CNY -116,821,218.29, a significant decline from a net inflow of CNY 34,579,009.88 in Q1 2021[25] - Total cash inflow from operating activities was $112.95 million, down 55.6% from $254.12 million in the same quarter last year[35] - Cash outflow from operating activities increased to $229.58 million, compared to $213.55 million in Q1 2021, reflecting higher operational costs[35] - The cash flow from investing activities showed a net outflow of -$5.36 million, an improvement from -$52.00 million in the previous year, indicating better investment management[35] - Cash inflow from investing activities was $200.73 million, significantly higher than $100.18 million in Q1 2021, driven by investment recoveries[35] - The total cash and cash equivalents decreased by $121.99 million during the quarter, compared to a decrease of $47.83 million in Q1 2021[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,355,821,053.89, down 4.66% from the end of the previous year[6] - Cash and cash equivalents as of March 31, 2022, were RMB 779,162,748.65, down from RMB 901,355,897.31 at the end of 2021[15] - Total assets as of March 31, 2022, were RMB 1,355,821,053.89, down from RMB 1,422,126,642.85 at the end of 2021[18] - Total liabilities decreased to RMB 525,840,763.31 from RMB 605,621,219.47 year-over-year[17] - The total equity increased from ¥813,954,846.09 at the end of 2021 to ¥827,503,141.03 as of March 31, 2022, reflecting retained earnings growth[29] - The company's cash and cash equivalents were ¥741,128,199.49 as of March 31, 2022, down from ¥863,118,560.14 at the end of 2021[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,921[11] - The largest shareholder, Ningbo Shuntong Group Co., Ltd., held 40,279,836 shares, accounting for 16.53% of the total shares[12] Research and Development - Research and development expenses for Q1 2022 were RMB 4,252,091.64, slightly up from RMB 4,212,706.94 in Q1 2021[20] - Research and development expenses for Q1 2022 were ¥4,252,091.64, slightly higher than ¥4,212,706.94 in Q1 2021, indicating continued investment in innovation[32] Financial Management - The company received government subsidies amounting to ¥707,335.53, which are closely related to its normal business operations[7] - The company reported a significant increase in interest income to CNY 5,275,167.11 from CNY 4,218,292.15 in the same quarter last year[21] - The company incurred financial expenses of CNY -5,205,455.38, compared to CNY -4,180,828.89 in Q1 2021[21] - The company reported a financial income of ¥5,139,040.45 in Q1 2022, compared to ¥4,214,538.83 in Q1 2021, indicating improved financial management[32] Operational Efficiency - Total operating costs for Q1 2022 were RMB 140,687,835.81, down 17.7% from RMB 170,995,804.18 in Q1 2021[20] - Operating costs included RMB 135,402,034.60 in cost of goods sold, which decreased from RMB 164,879,304.18 in the previous year[20] - The gross profit margin improved, with operating costs decreasing from ¥163,879,304.18 in Q1 2021 to ¥135,211,383.72 in Q1 2022, reflecting a cost reduction strategy[32] Market Activity - The company has not disclosed any new product developments or market expansion strategies in this report[35] - There were no significant mergers or acquisitions mentioned in the earnings call for this quarter[35]