曲美家居(603818) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,312,907,201.48, representing a year-on-year increase of 14.25%[5] - The net profit attributable to shareholders was CNY 58,147,422.86, showing a decrease of 5.30% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 44,349,684.69, down by 10.63% year-on-year[5] - Basic earnings per share were CNY 0.10, reflecting a decrease of 9.09% year-on-year[6] - The company reported a revenue growth of 34% year-on-year for Q1 2022, with a net profit increase of 32%[12] - Net profit for Q1 2022 was CNY 58,548,258.69, a decrease of 15.8% from CNY 69,555,076.56 in Q1 2021[19] - Total operating revenue for Q1 2022 was CNY 1,312,907,201.48, an increase of 14.2% compared to CNY 1,149,115,901.46 in Q1 2021[18] - Total operating costs for Q1 2022 were CNY 1,247,117,195.39, up 15.3% from CNY 1,081,586,073.01 in Q1 2021[18] Cash Flow - The net cash flow from operating activities was CNY 17,907,458.53, an increase of 133.80% compared to the previous year[5] - Operating cash inflow for Q1 2022 was CNY 1,390,242,451.44, an increase of 11.3% from CNY 1,249,698,187.93 in Q1 2021[23] - Net cash flow from operating activities was CNY 17,907,458.53, a significant recovery from a negative CNY 52,975,023.50 in the same period last year[23] - Cash outflow for purchasing goods and services was CNY 729,477,171.01, up from CNY 680,679,288.47, indicating a 7.2% increase[23] - Cash inflow from investment activities totaled CNY 9,077,845.32, compared to CNY 5,947,279.93 in Q1 2021, marking a 52.0% increase[24] - Net cash flow from investment activities was negative at CNY -40,645,241.51, worsening from CNY -33,784,161.63 year-over-year[24] - Cash inflow from financing activities was CNY 200,000,000.00, a decrease of 74.5% from CNY 781,120,000.00 in Q1 2021[24] - Net cash flow from financing activities was CNY -4,483,618.60, compared to CNY -120,563,086.03 in the previous year, showing an improvement[24] - The ending balance of cash and cash equivalents was CNY 529,788,030.27, down from CNY 620,030,322.00 at the beginning of the period[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,870,576,054.77, an increase of 3.01% from the end of the previous year[6] - Total liabilities as of Q1 2022 amounted to CNY 5,744,216,195.32, compared to CNY 5,617,546,125.93 in Q1 2021, reflecting an increase of 2.3%[18] - The total assets of the company reached ¥7,870.58 million as of March 31, 2022, compared to ¥7,640.94 million at the end of 2021[14] - The company’s long-term equity investments remained stable, with non-current assets totaling approximately ¥5,405.83 million as of March 31, 2022[14] - The company’s short-term borrowings increased to approximately ¥302.95 million as of March 31, 2022, compared to ¥221.32 million at the end of 2021[14] - Total equity attributable to shareholders was CNY 2,120,524,825.96 in Q1 2022, up from CNY 2,017,956,666.29 in Q1 2021, representing a growth of 5.1%[18] Research and Development - Research and development expenses increased by 30.99% year-on-year, indicating a rise in investment in innovation[7] - Research and development expenses for Q1 2022 were CNY 23,540,248.07, an increase of 30.9% from CNY 17,971,422.79 in Q1 2021[18] Challenges and Market Performance - The company faced challenges in production due to the Winter Olympics and COVID-19, impacting revenue in March 2022[11] - The domestic business showed strong performance, with a significant increase in dealer channel operations and a more than 300% growth in engineering business contract amounts compared to the same period last year[11] - The order growth for the Stressless brand in the Chinese market exceeded 100% in Q1 2022[11] - The company has implemented emergency plans to address logistics disruptions caused by the pandemic, leading to a gradual recovery in shipping operations[11] Other Financial Metrics - Other comprehensive income after tax for Q1 2022 was CNY 44,420,736.81, compared to a loss of CNY 1,698,950.94 in Q1 2021[19] - The company reported a total comprehensive income of CNY 102,968,995.50 for Q1 2022, an increase of 51.7% from CNY 67,856,125.62 in Q1 2021[19] - The company’s long-term borrowings as of Q1 2022 were CNY 822,794,028.73, an increase of 4.7% from CNY 785,844,322.35 in Q1 2021[18] - The impact of exchange rate changes on cash and cash equivalents was CNY 10,476,972.68, up from CNY 5,652,450.19[24] - The company has not adopted the new accounting standards for the current year, indicating a potential for future adjustments in financial reporting[24]