一鸣食品(605179) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥556,312,071.37, representing a year-on-year increase of 12.95%[6] - The net profit attributable to shareholders was a loss of ¥39,952,048.24, a decrease of 497.66% compared to the same period last year[6] - Total operating revenue for Q1 2022 was $556.31 million, an increase of 12.94% compared to $492.52 million in Q1 2021[34] - Net profit for Q1 2022 was a loss of $39.95 million, compared to a profit of $10.05 million in Q1 2021[37] - Operating profit for Q1 2022 was a loss of $54.63 million, down from a profit of $13.75 million in Q1 2021[34] - Basic and diluted earnings per share for Q1 2022 were both -$0.10, down from $0.03 in Q1 2021[39] Cash Flow - The net cash flow from operating activities was ¥72,684,556.72, showing a significant increase of 758.52%[6] - Cash flow from operating activities for Q1 2022 was $72.68 million, a significant improvement from a negative cash flow of $11.04 million in Q1 2021[39] - Total cash inflow from operating activities for Q1 2022 was $721.23 million, compared to $589.02 million in Q1 2021[39] - Net cash flow from investing activities was -$98.5 million, a decrease from -$214.2 million year-over-year[42] - Cash inflow from financing activities totaled $161.5 million, compared to $115 million in the previous year[42] - Cash outflow for debt repayment was $115 million, down from $280 million year-over-year[42] - The net increase in cash and cash equivalents was -$11.4 million, significantly improved from -$394 million in the previous year[42] - The ending balance of cash and cash equivalents was $172.5 million, compared to $344.8 million at the end of the previous year[42] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,784,291,741.30, a slight increase of 0.51% from the previous year[9] - As of March 31, 2022, the total current assets amounted to RMB 597,291,427.66, an increase from RMB 579,927,668.82 at the end of 2021, reflecting a growth of approximately 3.5%[23] - Total liabilities increased to RMB 1,611,855,406.91 from RMB 1,557,658,470.76, marking a rise of about 3.5%[29] - The company's total assets reached RMB 2,784,291,741.30, compared to RMB 2,770,197,354.62 at the end of 2021, showing a growth of approximately 0.5%[29] - The non-current liabilities totaled RMB 305,803,112.47, up from RMB 293,328,667.48, reflecting an increase of about 4.3%[29] - The company's retained earnings decreased to RMB 222,458,667.46 from RMB 262,410,715.70, a decline of approximately 15.2%[29] - The total equity attributable to shareholders decreased to RMB 1,172,436,334.39 from RMB 1,212,538,883.86, indicating a decrease of about 3.3%[29] Expenses - Total operating costs for Q1 2022 were $611.41 million, up 27.36% from $480.11 million in Q1 2021[34] - Research and development expenses for Q1 2022 were $10.08 million, an increase of 10.43% from $9.13 million in Q1 2021[34] - Sales expenses rose by 66.56% primarily due to an increase in direct stores and marketing activities[16] - Sales expenses for Q1 2022 were $173.55 million, up 66.67% from $104.19 million in Q1 2021[34] - Financial expenses surged by 388.81% due to interest capitalization on completed construction projects[16] - Financial expenses for Q1 2022 were $5.17 million, compared to a gain of $1.79 million in Q1 2021[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,278[17] - The company received government subsidies amounting to ¥2,444,214.36, which were closely related to its normal business operations[9] Inventory Management - Inventory increased by 32.74% due to the company's preparation of raw materials during the Spring Festival[13] - Inventory levels rose significantly to RMB 128,881,781.72, up from RMB 97,094,047.53, indicating an increase of approximately 32.6%[23]