万泽股份(000534) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥136,369,239.24, a decrease of 1.75% compared to ¥138,801,271.38 in the same period last year[5] - Net profit attributable to shareholders was ¥32,656,024.39, down 25.88% from ¥44,060,661.71 year-on-year[5] - Basic earnings per share decreased by 27.01% to ¥0.0654 from ¥0.0896 in the same period last year[5] - Total operating revenue for the current period is $136.37 million, a decrease of 1.03% from $138.80 million in the previous period[35] - Net profit for the current period is $31.53 million, a decrease of 23.83% compared to $41.44 million in the previous period[38] - Basic earnings per share for the current period is $0.0654, down from $0.0896 in the previous period[38] Cash Flow - The net cash flow from operating activities was -¥86,498,490.82, a significant decline of 287.63% compared to ¥46,101,428.17 in the previous year[5] - Cash flow from operating activities shows a net outflow of $86.50 million, compared to a net inflow of $46.10 million in the previous period[42] - Net cash flow from investment activities was -$123.67 million, compared to -$85.50 million in the previous period, indicating a decline in investment performance[45] - Total cash inflow from financing activities reached $185.77 million, significantly higher than $36.66 million in the prior period, reflecting increased financing efforts[45] - Net cash flow from financing activities was $172.93 million, a substantial improvement from -$80.74 million previously, showcasing effective capital management[45] - Cash flow from operating activities was not detailed, but the overall cash and cash equivalents decreased by $37.32 million compared to a decrease of $120.14 million previously, indicating improved cash management[45] Assets and Liabilities - Total assets increased by 8.36% to ¥2,294,402,329.36 from ¥2,117,454,697.21 at the end of the previous year[5] - Total liabilities increased to ¥1,158,595,181.14 from ¥1,017,964,343.14, an increase of approximately 13.8%[31] - The company's equity attributable to shareholders increased to ¥1,108,616,070.36 from ¥1,071,171,820.88, a growth of approximately 3.5%[31] - Non-current assets totaled ¥1,601,963,396.27, up from ¥1,454,065,693.70, indicating an increase of about 10.1%[28] Expenses - Research and development expenses decreased by 72.83% compared to the same period last year, primarily due to a reduction in R&D projects[17] - Management expenses rose by 32.55% compared to the previous year, primarily due to the implementation of stock incentives[16] - Sales expenses decreased to $45.08 million, a reduction of 5.69% from $47.49 million in the previous period[35] - Credit impairment losses decreased significantly to $951.66 thousand, down 94.69% from $17.96 million in the previous period[35] Financing and Borrowings - The company reported a 41.93% increase in short-term borrowings, attributed to new loans taken out[13] - Short-term borrowings rose to ¥215,225,525.02 from ¥151,643,729.27, reflecting an increase of about 42.0%[31] - The company received $147.29 million in cash from borrowings, a significant increase from $14.88 million in the previous period, highlighting enhanced borrowing capacity[45] - Cash outflow for debt repayment was $6.91 million, a decrease from $109.78 million in the previous period, indicating reduced debt servicing pressure[45] Other Income and Subsidies - The company received government subsidies amounting to ¥14,680,573.29 during the reporting period[8] - Other income increased to $14.68 million, up 66.67% from $8.79 million in the previous period[35] Stock and Equity - The company completed the registration of 4,995,000 restricted stocks under the 2021 equity incentive plan at a grant price of ¥7.70 per share[24] - The capital reserve increased by 132.40%, mainly due to the inclusion of stock incentive expenses[15] Inventory and Receivables - Accounts receivable decreased to ¥111,991,657.81 from ¥128,991,111.94, representing a decrease of approximately 13.2%[25] - Inventory increased to ¥128,987,508.91 from ¥102,004,036.62, showing an increase of about 26.4%[25] Audit and Reliability - The first quarter report was not audited, which may affect the reliability of the financial data presented[46]