*ST惠天(000692) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,161,090,531.55, representing an increase of 11.65% compared to ¥1,039,895,968.81 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥696,344,392.56, a decrease of 616.69% from a profit of ¥134,770,193.19 in the previous year[3] - The company reported a net loss of -1,777,532,343.15 yuan, compared to a loss of -1,081,187,950.59 yuan at the beginning of the year[15] - The net profit for Q1 2022 was a loss of ¥700,621,023.20, compared to a profit of ¥136,090,147.70 in Q1 2021, marking a significant decline[17] - The company reported a basic and diluted earnings per share of -¥1.3069 for Q1 2022, compared to ¥0.2529 in Q1 2021[17] Cash Flow and Liquidity - The net cash flow from operating activities improved by 53.09%, reaching -¥171,445,190.89, compared to -¥365,496,630.95 in Q1 2021[3] - The operating cash flow for Q1 2022 was negative at ¥171,445,190.89, an improvement from a negative cash flow of ¥365,496,630.95 in Q1 2021[20] - Cash paid for purchasing goods and services decreased by 49.01% to ¥236,105,827.84, reflecting reduced payments for coal and heating fees[8] - Cash and cash equivalents at the end of Q1 2022 stood at ¥90,611,985.19, down from ¥254,926,716.97 at the beginning of the period[21] - The net cash flow from financing activities was positive at ¥35,213,323.35, compared to ¥3,769,573.95 in Q1 2021[21] Assets and Liabilities - Total assets decreased by 17.20% to ¥4,839,450,445.70 from ¥5,844,817,042.89 at the end of the previous year[3] - Total current assets decreased from 2,216,938,088.98 yuan at the beginning of the year to 1,289,386,736.53 yuan at the end of the reporting period, a reduction of approximately 41.8%[14] - Total liabilities decreased from 5,723,518,153.17 yuan to 5,414,298,217.54 yuan, a reduction of about 5.4%[15] - Non-current liabilities decreased from 801,583,693.02 yuan to 488,665,914.03 yuan, a reduction of about 39.0%[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 32,354[10] - The largest shareholder, Shenyang Heating Group Co., Ltd., holds 35.10% of shares, totaling 187,050,118 shares, with 93,000,000 shares pledged[10] Operating Costs and Expenses - The company's operating costs surged by 95.63% to ¥1,787,398,510.15, primarily due to increased coal costs[7] - Total operating costs surged to ¥1,860,024,378.78, up 92.0% from ¥970,627,782.92 in the previous year[16] - The company incurred financial expenses of ¥41,545,843.63, which increased from ¥28,424,890.85 in the previous year[16] - The financial expenses rose by 46.16% to ¥41,545,843.63, attributed to increased borrowing costs[7] - The company reported a significant increase in sales expenses, which rose to ¥3,673,091.53 from ¥3,367,901.66 in the previous year[16] Accounts Receivable - The company reported a significant increase in accounts receivable, which rose by 31.55% to ¥550,008,027.55 due to recognized heating fee income[7] - Accounts receivable increased from 418,110,650.96 yuan to 550,008,027.55 yuan, an increase of approximately 31.5%[13] Other Information - The company has not disclosed any new product or technology developments, market expansion, or acquisition strategies in the current report[12]