晶华新材(603683) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 306,124,599.17, representing a year-on-year increase of 1.46%[3] - The net profit attributable to shareholders decreased by 97.72% to CNY 336,313.56, primarily due to rising costs of raw materials, labor, and energy, as well as production capacity issues caused by holidays and the pandemic[8] - The company's net profit for Q1 2022 was CNY 4,651,172.28, a significant decrease from CNY 15,677,998.48 in Q1 2021, representing a decline of approximately 70.3%[18] - The total profit for Q1 2022 was CNY 2,651,257.16, down from CNY 16,783,447.52 in Q1 2021, representing a decline of approximately 84.2%[18] - The company reported a total comprehensive income of CNY 4,105,391.79 for Q1 2022, down from CNY 15,999,290.01 in Q1 2021, reflecting a decrease of approximately 74.3%[19] Earnings and Shareholder Information - Basic and diluted earnings per share both fell by 98.33% to CNY 0.002[3] - Basic and diluted earnings per share were both CNY 0.002 in Q1 2022, compared to CNY 0.12 in Q1 2021, indicating a decline of 98.3%[19] - The total number of common shareholders at the end of the reporting period was 12,208[10] - The top two shareholders, Zhou Xiaonan and Zhou Xiaodong, held 27.89% and 25.35% of shares, respectively[10] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -29,544,361.37, indicating increased cash outflows for purchasing goods and labor services[3] - The net cash flow from operating activities was negative at CNY -29,544,361.37 for Q1 2022, worsening from CNY -4,140,238.54 in Q1 2021[22] - Investment activities generated a net cash flow of CNY 25,208,081.30 in Q1 2022, a recovery from a negative cash flow of CNY -83,080,112.38 in Q1 2021[22] - Cash and cash equivalents as of March 31, 2022, were RMB 203,621,078.85, down from RMB 213,561,043.63 as of December 31, 2021, a decrease of about 4.4%[13] - The cash and cash equivalents at the end of Q1 2022 stood at CNY 198,030,833.15, a decrease from CNY 141,386,001.06 at the end of Q1 2021[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,755,422,201.86, a decrease of 0.30% from the previous year[4] - Total assets as of March 31, 2022, were RMB 1,755,422,201.86, slightly down from RMB 1,760,710,611.28 as of December 31, 2021[16] - Total liabilities decreased to RMB 751,644,896.49 as of March 31, 2022, from RMB 772,593,958.95 as of December 31, 2021, a reduction of approximately 2.7%[15] - Shareholders' equity attributable to the parent company increased by 1.18% to CNY 975,254,835.54[4] - Shareholders' equity increased to RMB 1,003,777,305.37 as of March 31, 2022, from RMB 988,116,652.33 as of December 31, 2021, reflecting a growth of about 1.6%[16] Operating Costs and Expenses - Total operating costs for Q1 2022 were RMB 304,859,181.54, up from RMB 287,039,729.03 in Q1 2021, indicating an increase of about 6.2%[17] - Operating costs included RMB 264,085,443.00 in cost of goods sold for Q1 2022, compared to RMB 246,099,652.62 in Q1 2021, reflecting a rise of approximately 7.3%[17] - Research and development expenses for Q1 2022 were RMB 12,105,319.47, compared to RMB 12,719,789.66 in Q1 2021, indicating a decrease of approximately 4.8%[17] Other Financial Metrics - Non-recurring gains and losses totaled CNY 1,276,489.89, with government subsidies being a significant component[7] - The weighted average return on equity decreased by 1.55 percentage points to 0.03%[3] - The company experienced a foreign exchange loss of CNY -640,044.83 in Q1 2022, compared to a gain of CNY 842,036.07 in Q1 2021[23] - The company incurred a credit impairment loss of CNY -1,113,620.11 in Q1 2022, contrasting with a gain of CNY 39,876.68 in Q1 2021[18] - Accounts receivable increased to RMB 219,428,919.13 as of March 31, 2022, from RMB 201,458,484.94 as of December 31, 2021, showing a growth of approximately 8.9%[14] - Inventory as of March 31, 2022, was RMB 279,485,999.25, compared to RMB 262,848,105.49 as of December 31, 2021, marking an increase of about 6.3%[14]