京粮控股(000505) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 3,024,441,143.44, representing a 29.32% increase compared to CNY 2,338,783,061.35 in the same period last year[2] - Net profit attributable to shareholders was CNY 36,992,676.25, a slight increase of 1.11% from CNY 36,585,077.36 year-on-year[2] - The net profit after deducting non-recurring gains and losses was CNY 36,436,748.65, up 11.45% from CNY 32,694,567.66 in the previous year[2] - The net profit for Q1 2022 was CNY 42,583,324.84, a slight increase from CNY 42,105,354.84 in Q1 2021, representing a year-over-year growth of approximately 1.14%[18] - The company reported a total profit of CNY 60,485,175.05 for Q1 2022, slightly down from CNY 61,199,674.12 in Q1 2021, showing a decrease of about 1.17%[18] Cash Flow and Assets - The net cash flow from operating activities decreased by 170.48%, amounting to -CNY 193,652,734.08, compared to CNY 274,757,224.16 in the same period last year[2] - Cash and cash equivalents at the end of the period totaled CNY 721,353,158.32, up from CNY 637,195,458.43 at the end of Q1 2021, reflecting an increase of approximately 13.2%[21] - The company's cash and cash equivalents increased to 721,400,323.02 yuan from 507,144,668.45 yuan at the beginning of the year, marking a growth of approximately 42.1%[12] - The company's total assets at the end of the reporting period were CNY 6,224,379,657.33, an increase of 2.94% from CNY 6,046,600,058.90 at the end of the previous year[2] - The company's total liabilities as of March 31, 2022, were 2,869,661,796.40 yuan, compared to 2,734,446,266.35 yuan at the beginning of the year[14] Operating Costs and Expenses - The total operating costs for the first quarter of 2022 were 3,012,615,529.48 yuan, compared to 2,333,218,041.73 yuan in the previous year, reflecting an increase of about 29.1%[16] - Operating expenses amounted to CNY 4,155,449,445.26, compared to CNY 2,951,006,983.04 in the previous year, marking an increase of approximately 40.7%[20] - The increase in operating costs was attributed to rising raw material prices due to market fluctuations[6] Shareholder Equity and Investments - Shareholders' equity attributable to the parent company increased by 1.27% to CNY 2,952,775,710.84 from CNY 2,915,802,291.05 at the end of the previous year[2] - The company reported an investment income of 5,018,549.94 yuan for the first quarter of 2022, compared to 4,619,547.66 yuan in the previous year, showing an increase of approximately 8.6%[16] Government Support and Agreements - The company received government subsidies amounting to CNY 393,224.15 during the reporting period[4] - The company signed a supplementary agreement with Beijing Shou Nong Food Group to adjust the non-public offering of shares from a maximum of 105,633,802 shares to 92,195,422 shares, with total fundraising reduced from 600 million yuan to 523.67 million yuan[10] Corporate Governance and Projects - The company has revised its articles of association to enhance legal compliance and governance[9] - The company is actively working on the automation transformation project for new production lines[6] Inventory and Liabilities - The company's inventory decreased to 1,745,367,023.26 yuan from 1,903,372,572.18 yuan, indicating a reduction of about 8.3%[13] - The company’s non-current liabilities totaled 258,590,968.83 yuan as of March 31, 2022, up from 188,867,256.01 yuan at the beginning of the year, reflecting an increase of about 37%[14] Cash Flow from Activities - The company recorded a cash inflow from investment activities of CNY 789,186,958.64, significantly higher than CNY 558,216,794.52 in the previous year, representing an increase of about 41.2%[21] - The cash outflow from financing activities was CNY 1,751,677,708.93, compared to CNY 924,846,521.90 in the previous year, indicating a substantial increase of approximately 89.4%[21] Earnings Per Share - Basic and diluted earnings per share remained stable at CNY 0.05 for both Q1 2022 and Q1 2021[18] Foreign Exchange Impact - The company experienced a foreign exchange loss of CNY -41,138.79, contrasting with a gain of CNY 38,441.99 in the previous year[21]