菜百股份(605599) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥3,469,665,329.86, representing a year-on-year increase of 17.55%[6] - Net profit attributable to shareholders was ¥179,654,893.21, an increase of 71.54% compared to the same period last year[6] - The net profit excluding non-recurring gains and losses was ¥172,277,361.90, reflecting a growth of 44.19% year-on-year[6] - The net profit for the first quarter of 2022 was CNY 181,234,535.23, an increase from CNY 105,065,287.49 in the same period of 2021, representing a growth of approximately 72.4%[34] - The total profit before tax was CNY 241,672,372.06, compared to CNY 143,425,691.65 in Q1 2021, representing an increase of approximately 68.6%[32] - The comprehensive income total for the first quarter was CNY 190,662,423.01, compared to CNY 52,944,214.62 in Q1 2021, showing a substantial increase of approximately 259.5%[34] - The total comprehensive income for Q1 2022 was CNY 180,748,023.23, compared to CNY 50,598,167.14 in Q1 2021, reflecting a strong performance[53] Cash Flow - The net cash flow from operating activities reached ¥753,718,974.98, a significant increase of 401.35%[6] - The net cash flow from operating activities was CNY 753,718,974.98, a significant increase from CNY 152,215,196.19 in Q1 2021, indicating a growth of approximately 393.5%[39] - The net cash flow from operating activities for Q1 2022 was CNY 747,697,539.29, compared to CNY 145,405,028.25 in Q1 2021, indicating a substantial improvement[53] - The company reported a net investment cash inflow of CNY 152,207,427.74, compared to CNY 121,744,868.65 in the previous year, reflecting an increase of about 24.9%[39] - The company reported a net increase in cash and cash equivalents of $411.26 million, compared to a decrease of $89.90 million in the previous year[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,239,532,873.78, a slight increase of 0.34% from the end of the previous year[9] - Total assets as of March 31, 2022, were CNY 5,239,532,873.78, slightly up from CNY 5,221,540,655.85 at the end of 2021, indicating a marginal increase of about 0.3%[28] - Total liabilities as of March 31, 2022, were CNY 1,827,960,188.70, down from CNY 2,000,630,393.78 at the end of 2021, representing a decrease of approximately 8.6%[28] - The total liabilities decreased to approximately $1.82 billion from $1.99 billion, reflecting a reduction in overall debt[46] - The company's equity attributable to shareholders as of March 31, 2022, was CNY 3,397,934,456.19, an increase from CNY 3,208,851,675.20 at the end of 2021, reflecting a growth of about 5.9%[28] - The total equity increased to approximately $3.38 billion, up from $3.20 billion, indicating growth in shareholder value[46] Expenses - Total operating costs for Q1 2022 were CNY 3,237,830,886.67, up from CNY 2,782,513,522.25 in Q1 2021, indicating an increase of about 16.4%[28] - Research and development expenses increased to CNY 1,702,208.87 from CNY 950,001.55, reflecting an increase of approximately 79.3%[32] - The company's R&D expenses increased to CNY 1,702,208.87, up 121.1% from CNY 767,841.55 in the same period last year[51] - The company reported a significant increase in sales expenses, which rose to CNY 96,352,544.78 from CNY 80,520,910.60, marking an increase of about 19.6%[32] - The company’s financial expenses decreased to CNY 7,095,493.41 from CNY 12,048,303.47, a reduction of about 41.5%[32] - The company reported a decrease in financial expenses to CNY 7,318,042.10 from CNY 12,022,618.12 in the previous year, showing improved cost management[51] Inventory and Receivables - Inventory as of March 31, 2022, was CNY 2,185,284,116.34, down from CNY 2,740,308,256.84 at the end of 2021, showing a decrease of about 20.3%[23] - The accounts receivable decreased to approximately $264.58 million from $380.09 million, suggesting improved collection efficiency[45] - The company reported a decrease in accounts receivable from CNY 178,313,613.03 at the end of 2021 to CNY 110,365,394.69 as of March 31, 2022, a reduction of approximately 38.2%[23] Overall Growth - The increase in net profit was primarily attributed to revenue growth[15] - The gross profit margin for Q1 2022 was approximately 12.0%, up from 10.4% in Q1 2021, indicating improved profitability[51] - The company's cash inflow from operating activities totaled CNY 3,972,975,642.85, compared to CNY 3,463,564,972.16 in Q1 2021, reflecting strong operational performance[53]