盛泰集团(605138) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,373,123,849.06, representing a year-on-year increase of 30.50%[7] - The net profit attributable to shareholders of the listed company was CNY 61,520,514.35, reflecting a growth of 43.41% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 70,242,505.02, which is an increase of 61.81% year-on-year[7] - The basic earnings per share for the period was CNY 0.11, up by 22.22% from the previous year[8] - Total revenue for Q1 2022 reached ¥1,373,123,849.06, a 30.5% increase from ¥1,052,200,451.35 in Q1 2021[24] - Net profit for Q1 2022 was ¥63,955,171.34, compared to ¥45,379,835.01 in Q1 2021, representing a 41.0% increase[25] - The net profit attributable to the parent company for Q1 2022 was ¥61,520,514.35, an increase of 43.4% compared to ¥42,899,779.97 in Q1 2021[26] - Total comprehensive income for Q1 2022 reached ¥75,885,047.79, significantly up from ¥14,111,925.60 in Q1 2021[26] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 6,243,132,452.65, marking a 4.45% increase from the end of the previous year[8] - As of March 31, 2022, the company's total current assets amounted to RMB 2,774,436,353.60, an increase from RMB 2,716,161,659.14 as of December 31, 2021, representing a growth of approximately 2.14%[21] - Total assets as of March 31, 2022, amounted to ¥6,243,132,452.65, up from ¥5,976,876,244.86 at the end of 2021[23] - Total liabilities increased to ¥4,045,427,052.92 in Q1 2022 from ¥3,855,055,892.92 in Q4 2021[23] - The total liabilities of the company as of March 31, 2022, are not explicitly stated but are essential for assessing the financial health of the company[18] Cash Flow - The company experienced a significant increase in operating cash flow, with a net cash flow from operating activities of CNY 95,356,679.40[7] - Operating cash inflow for Q1 2022 was ¥1,567,256,974.98, compared to ¥1,029,491,675.86 in Q1 2021, reflecting a growth of 52.3%[27] - The net cash flow from operating activities for Q1 2022 was ¥95,356,679.40, a turnaround from a net outflow of ¥15,640,009.90 in Q1 2021[28] - Cash and cash equivalents at the end of Q1 2022 totaled ¥553,745,488.76, up from ¥258,687,884.86 at the end of Q1 2021[29] - Cash flow from financing activities in Q1 2022 was a net inflow of ¥359,558,840.38, compared to a net inflow of ¥59,251,827.68 in Q1 2021[29] - The company received cash from borrowing amounting to ¥1,987,682,550.16 in Q1 2022, an increase from ¥964,880,125.43 in Q1 2021[29] - Total cash outflow for investing activities in Q1 2022 was ¥341,471,802.77, compared to ¥88,880,782.69 in Q1 2021, indicating increased investment activity[28] - The company reported a tax refund of ¥68,000,692.43 in Q1 2022, significantly higher than ¥24,719,286.36 in Q1 2021[27] Shareholder Equity - The equity attributable to shareholders of the listed company was CNY 2,125,281,591.10, which is a 3.58% increase compared to the end of the previous year[8] - The total equity attributable to shareholders increased to ¥2,125,281,591.10 in Q1 2022 from ¥2,051,831,200.30 in Q4 2021[23] Operational Insights - The increase in revenue was attributed to the normalization of overseas transportation and the release of production capacity, leading to a notable rise in sales[11] - The company received government subsidies amounting to CNY 5,068,528.46, which positively impacted its financial performance[9] - The company's long-term equity investments significantly increased to RMB 149,481,953.92 from RMB 21,514,263.47, marking a substantial growth of approximately 593.06%[21] - Research and development expenses for Q1 2022 were ¥14,675,638.35, slightly down from ¥15,903,348.94 in Q1 2021[25] Risks and Guidance - The company has highlighted potential risks due to recent regional outbreaks of COVID-19, which could significantly impact domestic operations[16] - The company has not provided specific guidance for future performance or new product developments in the current report[16] - The report indicates that there are no significant changes in the top ten shareholders or their shareholdings compared to previous periods[15] - The financial statements for the quarter are unaudited, which may affect the reliability of the reported figures[18] Cost Analysis - Total operating costs for Q1 2022 were ¥1,275,419,926.36, up from ¥980,212,282.37 in Q1 2021, reflecting a 30.1% increase[24] - The company reported a decrease in tax expenses to ¥2,240,719.75 in Q1 2022 from ¥7,885,278.23 in Q1 2021[25] - The weighted average return on net assets decreased by 3 percentage points to 2.95%[8] Inventory and Receivables - Accounts receivable decreased to RMB 619,957,138.00 from RMB 646,397,642.91, indicating a decline of about 4.07%[21] - Inventory levels slightly decreased to RMB 1,182,266,851.64 from RMB 1,192,996,717.69, a reduction of approximately 0.89%[21]