万年青(000789) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,736,296,001.57, representing a 0.96% increase compared to ¥2,710,232,212.61 in the same period last year[3] - Net profit attributable to shareholders decreased by 35.64% to ¥209,049,446.86 from ¥324,804,854.57 year-on-year[3] - Operating profit decreased to $408,718,238.47 from $590,502,635.35, a decline of approximately 30.8%[20] - Net profit for the current period is $299,328,613.40, down from $443,272,929.26, indicating a decrease of around 32.5%[20] - Basic earnings per share decreased to $0.2622 from $0.4073, a decline of approximately 35.5%[21] Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥683,848.69, compared to a negative cash flow of ¥123,532,325.77 in the previous year, marking a 100.55% increase[3] - Cash flow from operating activities increased to $3,071,513,329.56 from $2,942,252,803.72, showing an increase of about 4.4%[24] - Cash flow from investing activities resulted in a net outflow of $264,724,590.68, compared to a net outflow of $390,883,292.15 in the previous period, indicating an improvement[24] - Cash flow from financing activities generated a net inflow of $73,747,302.38, down from $92,784,932.68, reflecting a decrease of approximately 20.5%[25] - The ending cash and cash equivalents balance is $4,325,276,208.46, compared to $3,403,186,860.50 in the previous period, an increase of about 27.1%[25] Assets and Liabilities - Total assets increased by 2.93% to ¥17,940,840,862.06 from ¥17,429,726,351.65 at the end of the previous year[3] - The company's total liabilities as of March 31, 2022, were CNY 6,762,909,680.45, compared to CNY 6,529,581,743.22 at the start of the year, reflecting an increase of approximately 3.56%[17] - The total equity attributable to shareholders of the parent company reached CNY 7,560,245,576.44, up from CNY 7,426,122,281.09, indicating a growth of about 1.80%[17] - Cash and cash equivalents decreased to CNY 4,403,092,072.20 from CNY 4,585,947,810.24, representing a decline of approximately 3.98%[15] - The company's non-current assets totaled CNY 10,346,796,999.07, slightly up from CNY 10,245,599,588.71, indicating a growth of about 0.99%[16] Receivables and Payables - Accounts receivable increased by 40.30% to ¥1,330,481,933.69, primarily due to an increase in receivables from the commercial concrete segment[7] - Prepayments surged by 209.83% to ¥636,702,551.51, mainly due to increased advance payments for materials[7] - Contract liabilities rose by 187.23% to ¥511,434,276.34, indicating a significant increase in advance payments received[7] - Accounts receivable increased significantly to CNY 1,330,481,933.69 from CNY 948,286,946.99, marking an increase of about 40.29%[15] Expenses - The company's sales expenses increased by 67.94% to ¥31,155,458.22, attributed to higher sales service fees[7] - Financial expenses skyrocketed by 1304.33% to ¥4,360,435.91, primarily due to increased interest expenses[7] Other Activities - The company issued bonds worth CNY 600 million on April 15, 2022, with a maturity of 5 years, indicating ongoing financing activities[12] - The company completed the stock option incentive plan on April 18, 2022, which was approved by the shareholders on February 24, 2022, reflecting a commitment to employee incentives[12] Comprehensive Income - Other comprehensive income after tax for the current period is -$74,234,000.22, with a significant impact on total comprehensive income[21]