中钨高新(000657) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥3,027,071,298.15, representing a 12.77% increase compared to ¥2,684,323,951.76 in the same period last year[5] - Net profit attributable to shareholders was ¥107,700,531.40, a 37.82% increase from ¥78,145,640.09 year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥103,840,242.16, up 32.59% from ¥78,314,079.51 in the previous year[7] - Basic and diluted earnings per share increased by 42.86% to ¥0.10 from ¥0.07[7] - Net profit for the current period was ¥139,120,420.51, representing a significant increase of 40.67% from ¥98,791,193.58 in the previous period[37] - The total comprehensive income for the current period was ¥139,408,499.38, compared to ¥98,487,290.53 in the previous period, showing strong overall performance[41] - The company achieved a profit margin of approximately 4.59% for the current period, up from 3.68% in the previous period, indicating improved operational efficiency[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,629,912,653.97, an 8.27% increase from ¥9,818,085,296.57 at the end of the previous year[7] - Shareholders' equity attributable to the parent company was ¥5,037,297,303.92, reflecting a 2.53% increase from ¥4,912,778,655.06[7] - The company's total assets reached CNY 10,629,912,653.97, up from CNY 9,818,085,296.57, reflecting a growth of approximately 8.3%[33] - Total liabilities rose to CNY 4,839,688,259.52 from CNY 4,183,962,164.29, indicating an increase of about 15.7%[33] - The company's total equity increased to CNY 5,790,224,394.45 from CNY 5,634,123,132.28, reflecting a growth of approximately 2.8%[33] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥205,329,707.51, compared to a net outflow of ¥5,939,264.63 in the same period last year[7] - The net cash flow from operating activities was -¥205,329,707.51, worsening from -¥5,939,264.63 in the prior period[45] - The net cash flow from investing activities was -$71,993,919.60, a decrease from -$118,194,991.14 in the previous period[48] - Cash inflow from financing activities totaled $696,828,407.03, down from $973,524,060.00 year-over-year[48] - The net cash flow from financing activities was $25,468,211.81, compared to a negative $53,838,109.70 in the prior period[48] - Cash and cash equivalents at the end of the period amounted to $710,130,509.51, slightly down from $735,409,815.75[48] - The total cash outflow from financing activities was $671,360,195.22, compared to $1,027,362,169.70 in the previous year[48] - The company experienced a negative impact of -$441,723.18 from foreign exchange fluctuations on cash and cash equivalents[48] - The net increase in cash and cash equivalents was -$252,297,138.48, compared to -$182,381,765.62 in the previous period[48] Operational Metrics - Total operating revenue for the current period reached ¥3,027,071,298.15, an increase of 12.78% compared to ¥2,684,323,951.76 in the previous period[37] - Total operating costs amounted to ¥2,842,022,196.84, up 12.41% from ¥2,527,695,066.26 in the prior period[37] - Research and development expenses increased to ¥81,539,682.87, up from ¥77,181,006.86, indicating a focus on innovation[37] - The company reported a decrease in financial expenses to ¥21,147,480.86 from ¥29,143,179.63, indicating better cost management[37] - The tax expenses for the current period were ¥23,624,703.33, down from ¥26,002,584.37 in the previous period, contributing to higher net profit[37] Changes in Working Capital - Accounts receivable increased by 86.51% compared to the beginning of the period, primarily due to increased revenue and seasonal changes in customer credit policies[13] - Accounts receivable rose significantly to CNY 2,114,498,767.06 from CNY 1,133,712,485.79, marking an increase of about 86.6%[26] - Inventory increased to CNY 3,020,965,447.34 from CNY 2,809,873,570.07, representing a growth of approximately 7.5%[29] - Accounts payable increased by 103.88% compared to the beginning of the period, attributed to higher raw material purchases[17] - Short-term borrowings rose by 69.85% compared to the beginning of the period to meet production and operational funding needs[14] - Short-term borrowings increased to CNY 774,368,777.56 from CNY 455,922,283.74, representing a growth of about 70%[29] - The company's long-term borrowings decreased to CNY 912,080,000.00 from CNY 972,860,833.32, a decline of about 6.2%[33] Miscellaneous - The company did not have an audited first-quarter report[49]