五洲特纸(605007) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,330,966,068.84, representing a year-on-year increase of 74.85%[5] - The net profit attributable to shareholders decreased by 8.74% to CNY 103,077,298.26 compared to the same period last year[5] - Basic and diluted earnings per share were both CNY 0.26, down 7.14% from the previous year[6] - The company reported a 95.12% increase in operating costs, closely following the rise in operating revenue[9] - Net profit for Q1 2022 was ¥103,077,298.26, down from ¥112,946,536.69 in Q1 2021, indicating a decrease of approximately 8%[20] - Earnings per share for Q1 2022 were ¥0.26, compared to ¥0.28 in Q1 2021, showing a decline in profitability per share[20] Cash Flow - The net cash flow from operating activities was negative at CNY -72,601,987.85, a decline of 227.41% year-on-year[5] - Cash flow from operating activities in Q1 2022 was ¥1,000,980,471.76, an increase from ¥674,428,544.32 in Q1 2021, indicating improved cash generation[22] - Total cash inflow from operating activities was 1,143,276,693.13, compared to 792,072,751.28 in the previous period, showing an increase in operational cash inflow[23] - The company reported a significant increase in cash outflow related to investment activities, rising from 184,383,805.27 to 835,276,556.94[23] Assets and Liabilities - Total assets increased by 11.18% to CNY 5,053,583,653.29 compared to the end of the previous year[6] - Total liabilities for Q1 2022 were ¥2,834,787,559.31, compared to ¥2,429,847,973.90 in Q1 2021, reflecting an increase in financial obligations[17] - Non-current assets totaled ¥2,533,508,160.34 in Q1 2022, compared to ¥2,347,460,091.78 in Q1 2021, indicating growth in long-term investments[17] Shareholder Information - Total number of common shareholders at the end of the reporting period was 9,968[11] - The largest shareholder, Zhao Lei, holds 119,586,584 shares, representing 29.90% of total shares[11] - The total number of shares held by the top 10 shareholders includes significant pledges, with Zhao Lei pledging 50,000,000 shares[11] Research and Development - The company experienced a 461.91% increase in R&D expenses, reflecting a significant investment in new projects[9] - Research and development expenses for Q1 2022 were ¥27,770,214.27, significantly higher than ¥4,942,105.00 in Q1 2021, highlighting increased investment in innovation[19] Operational Metrics - Accounts receivable rose by 34.10%, primarily due to the expansion of sales scale following the launch of new production lines[8] - Contract liabilities surged by 146.40%, indicating an increase in customer payments received in advance[8] - Inventory as of March 31, 2022, was ¥651,153,932.80, up from ¥571,926,081.69 at the end of 2021, indicating a growth of about 13.9%[15] Other Information - The company has not disclosed any new product or technology developments in this reporting period[13] - There are no significant mergers or acquisitions reported during the quarter[13] - The company has not provided specific future guidance or outlook in this report[13]