正平股份(603843) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter was CNY 338,491,765.81, representing a decrease of 65.67% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 6,778,588.78, reflecting a decline of 194.08% year-on-year[5]. - Basic earnings per share were reported at -CNY 0.01, a decrease of 175.31% from the same period last year[5]. - Total revenue for Q1 2022 was CNY 338,491,765.81, a decrease of 65.6% compared to CNY 985,977,763.80 in Q1 2021[23]. - Net profit for Q1 2022 was a loss of CNY 8,505,224.52, compared to a profit of CNY 7,014,650.37 in Q1 2021[24]. - Operating profit for Q1 2022 was a loss of CNY 6,370,920.13, compared to a profit of CNY 12,668,240.77 in Q1 2021[24]. - The net cash flow from operating activities was negative at CNY 189,392,782.84, down by 28.81% compared to the previous year[5]. - The net cash flow from financing activities was 28,772,505.01 RMB, a significant decrease from 233,785,005.16 RMB in the previous year, suggesting reduced financing activities[29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,287,125,075.10, down 5.29% from the end of the previous year[6]. - Total liabilities as of Q1 2022 were CNY 7,077,513,603.13, a decrease from CNY 7,588,944,043.93 in Q1 2021[21]. - Shareholders' equity as of Q1 2022 was CNY 2,209,611,471.97, down from CNY 2,216,424,585.65 in Q1 2021[21]. - The total current assets decreased from 6,547,953,783.07 RMB to 6,027,080,837.31 RMB, a decline of approximately 7.9%[19]. - The company's total liabilities decreased slightly to 4,904,963,563.72 RMB from 4,959,955,524.18 RMB, indicating a reduction of about 1.1%[32]. Cash Flow - The company's cash and cash equivalents decreased from 919,790,324.93 RMB to 692,215,829.62 RMB, a decline of approximately 24.7%[19]. - Cash inflow from operating activities in Q1 2022 was CNY 1,542,762,672.43, an increase from CNY 1,302,002,293.98 in Q1 2021[27]. - The total cash inflow from operating activities in Q1 2022 was ¥1,258,994,800.80, up from ¥747,101,891.52 in Q1 2021, reflecting an increase of about 68.3%[36]. - The company's cash outflow for employee compensation was 67,125,837.69 RMB, down from 76,126,834.98 RMB, indicating a reduction of about 11.7% in employee-related expenses[28]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 58,888[12]. - The top 10 shareholders hold a total of 149,255,273 shares, representing 21.33% of the total shares[12]. - The company received a notice from major shareholders regarding the early termination of their share reduction plan, which involved a total of 47,935,796 shares, accounting for 6.85% of the company's total shares[13]. Accounts Receivable and Inventory - Accounts receivable decreased by 34.82% due to the recovery of settlement payments[10]. - Accounts receivable decreased from 1,715,732,208.89 RMB to 1,118,356,161.17 RMB, a reduction of about 34.9%[19]. - The company's inventory increased to 5,871,598.20 RMB from 4,217,859.69 RMB, reflecting a rise of approximately 39.2%[30]. Other Financial Metrics - The company incurred a credit impairment loss of ¥1,091,019.88 in Q1 2022, compared to a gain of ¥3,965,187.41 in Q1 2021, indicating a negative shift in credit quality[35]. - The company reported a financial expense of ¥15,227,656.12 in Q1 2022, which increased from ¥10,367,408.40 in Q1 2021, marking an increase of approximately 46.0%[34]. - The cash outflow from investing activities was -75,214,785.20 RMB, compared to -87,784,661.43 RMB in the previous year, indicating improved cash management in investments[28].