沈阳化工(000698) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥1,453,978,630.09, a decrease of 48.24% compared to ¥2,809,107,063.99 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥114,291,898.09, representing a decline of 136.52% from a profit of ¥312,985,936.83 in the previous year[4] - The net loss for the quarter was ¥114,074,909.92, compared to a net profit of ¥313,232,292.59 in the previous year, indicating a significant decline in profitability[18] - The total comprehensive income for the period was -114,074,909.92 CNY, compared to 313,232,292.59 CNY in the same period last year[22] - Basic and diluted earnings per share were both -0.1390 CNY, a decline from 0.382 CNY in the previous year[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥152,560.47, a significant drop from ¥785,887,245.23 in Q1 2021, indicating a 100.02% decrease[4] - The net cash flow from operating activities for the first quarter was -152,560.47 CNY, a significant decrease from 785,887,245.23 CNY in the previous period[21] - Total cash inflow from operating activities was 1,654,942,307.63 CNY, down from 2,721,054,618.97 CNY year-over-year[22] - Cash and cash equivalents at the end of the period totaled 808,208,103.10 CNY, down from 1,561,397,851.34 CNY at the end of the previous period[23] - The company raised 670,000,000.00 CNY through borrowings, compared to 1,279,946,000.00 CNY in the prior year[23] - Cash outflow from financing activities was 994,619,846.53 CNY, a decrease from 1,769,965,396.66 CNY in the previous year[23] - The net cash flow from investing activities was -1,633,699.34 CNY, compared to -134,604,721.38 CNY in the previous year[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,373,981,706.07, down 7.10% from ¥10,090,429,901.27 at the end of the previous year[4] - Current assets totaled ¥4,500,804,818.46, down 12.5% from ¥5,140,944,929.73 at the start of the year[14] - The total liabilities decreased to ¥5,364,385,257.07 from ¥5,969,558,390.24, a reduction of 10.1%[15] - The company's cash and cash equivalents decreased to ¥1,627,814,841.93 from ¥1,946,128,319.30, a decline of 16.4%[14] - The total equity attributable to shareholders decreased to ¥3,999,715,274.60 from ¥4,111,217,316.51, a decline of 2.7%[15] Operating Costs and Expenses - The company's operating costs for Q1 2022 were ¥1,436,993,446.71, a reduction of 36% compared to ¥2,257,856,005.69 in the previous year[7] - Total operating costs amounted to ¥1,562,638,104.62, down 35.5% from ¥2,423,093,539.90 year-over-year[17] - The company reported a decrease in sales expenses by 37%, amounting to ¥5,498,235.21 compared to ¥8,701,661.52 in the same period last year[7] - Research and development expenses were ¥50,237,937.59, down 21% from ¥63,511,951.27 in the previous year, indicating a potential slowdown in innovation[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,809[9] - The company received government subsidies amounting to ¥3,484,594.70 during the reporting period[6] - The company has reported no significant new product developments or market expansions in this quarter[11] Accounts Receivable - The company reported a significant increase in accounts receivable, which rose to ¥115,689,969.00 from ¥90,950,043.59, an increase of 27.2%[14]