青岛双星(000599) - 2022 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2022 was ¥913,260,416.59, a decrease of 24.78% compared to ¥1,214,149,400.56 in the same period last year[2] - Net profit attributable to shareholders was -¥146,183,230.46, representing a decline of 400.26% from ¥48,684,987.05 in the previous year[2] - The net profit for the first quarter was a loss of CNY 166,961,622.48, compared to a profit of CNY 41,343,661.22 in the same period last year[15] - The net profit attributable to the parent company was -146,183,230.46 CNY, compared to a profit of 48,684,987.05 CNY in the same period last year, indicating a significant decline[16] - The total comprehensive income attributable to the parent company was -148,784,201.32 CNY, down from 49,058,376.74 CNY year-over-year[16] - The basic and diluted earnings per share were both -0.18 CNY, compared to 0.06 CNY in the previous year[16] Cash Flow - The net cash flow from operating activities improved by 170.02%, reaching ¥27,687,295.57, compared to -¥39,539,721.15 in the same period last year[2] - Cash inflows from operating activities totaled 789,900,426.62 CNY, a decrease from 1,065,439,457.77 CNY in the same period last year[17] - The net cash flow from operating activities was 27,687,295.57 CNY, recovering from a negative cash flow of -39,539,721.15 CNY in the previous year[17] - The net cash flow from investing activities was -57,131,993.88 CNY, compared to a positive cash flow of 253,504,795.55 CNY in the same period last year[18] - The net cash flow from financing activities was -21,124,405.31 CNY, an improvement from -163,117,352.16 CNY in the previous year[18] - The ending cash and cash equivalents balance was 1,220,619,602.97 CNY, down from 1,071,255,323.96 CNY year-over-year[18] - The company received cash from sales of goods and services amounting to 677,499,903.00 CNY, compared to 841,324,048.84 CNY in the previous year[17] - The company reported a decrease in cash received from tax refunds to 38,100,889.99 CNY from 58,279,264.99 CNY in the previous year[17] Assets and Liabilities - Total assets increased by 1.20% to ¥10,974,519,023.29 from ¥10,844,037,492.32 at the end of the previous year[2] - The total assets of the company reached CNY 10,974,519,023.29, up from CNY 10,844,037,492.32 at the beginning of the year[12] - The total liabilities increased to CNY 8,012,794,758.42 from CNY 7,713,581,518.62 at the beginning of the year[12] - The company's total equity decreased to CNY 2,961,724,264.87 from CNY 3,130,455,973.70 at the beginning of the year[12] Expenses and Costs - Total operating costs amounted to CNY 1,087,428,863.95, down from CNY 1,354,071,832.64 in the previous period[15] - Management expenses decreased by 31.98%, attributed to the divestiture of the equipment segment in the previous year[6] - Investment income dropped by 99.03%, mainly due to the previous year's gains from the transfer of the equipment segment[6] - The decline in net profit was influenced by rising raw material prices, a sluggish downstream market, and high shipping costs[6] Government Support and Investments - The company received government subsidies amounting to ¥12,125,452.41, which are closely related to its normal business operations[5] - The company approved a capital increase of CNY 45 million for its subsidiary, Dongfeng Tire, to enhance its capital structure and competitiveness[11] Receivables and Inventory - The company reported a 69.04% decrease in receivables financing, primarily due to the maturity of bank acceptance bills[6] - The company's inventory stood at CNY 1,227,333,112.53, an increase from CNY 1,187,443,675.07 at the beginning of the year[10] - The short-term borrowings rose to CNY 4,208,991,388.41 from CNY 3,754,517,452.06 at the beginning of the year[12]