承德露露(000848) - 2022 Q1 - 季度财报

Key Financial Data and Shareholder Information Core Financial Indicators Q1 2022 saw double-digit YoY growth in operating revenue and net profit, but net cash flow from operations significantly decreased by 33.23% due to increased cash payments Key Financial Indicators for Q1 2022 | Indicator | Current Period | Prior Year Period | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 1,117,806,873.79 | 972,447,722.32 | 14.95% | | Net Profit Attributable to Shareholders (CNY) | 235,286,448.80 | 211,610,293.29 | 11.19% | | Net Cash Flow from Operating Activities (CNY) | 80,312,831.40 | 120,280,304.08 | -33.23% | | Basic Earnings Per Share (CNY/share) | 0.22 | 0.20 | 10.00% | | Weighted Average Return on Net Assets | 9.51% | 9.46% | 增加0.05个百分点 | | Total Assets (CNY) | 3,373,403,611.07 | - | -3.85% (vs. Year-End) | | Equity Attributable to Shareholders (CNY) | 2,592,003,742.01 | - | 9.98% (vs. Year-End) | - Net cash flow from operating activities decreased by 33.23% year-over-year, primarily due to increased cash payments for goods purchased in the current period[6] Non-Recurring Gains and Losses Total non-recurring gains and losses were CNY 318,015.20, mainly from government subsidies and asset disposal, having a negligible impact on net profit Details of Non-Recurring Gains and Losses | Item | Amount for Current Period (CNY) | | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | 46,530.00 | | Government Subsidies Recognized in Current Profit/Loss | 317,390.20 | | Other Non-Operating Income and Expenses | 60,144.23 | | Less: Income Tax Impact | 106,016.11 | | Less: Impact on Minority Interests (After Tax) | 33.12 | | Total | 318,015.20 | Shareholder Ownership As of period-end, the company had 65,432 common shareholders; Wanxiang Sannong Group Co., Ltd. is the largest at 40.68%, ensuring a stable equity structure with institutional investors - As of the end of the reporting period, the company had 65,432 common shareholders[7] Top Ten Shareholders' Ownership | Shareholder Name | Shareholder Type | Shareholding Percentage | | :--- | :--- | :--- | | Wanxiang Sannong Group Co., Ltd. | Domestic Non-State-Owned Legal Person | 40.68% | | Hong Kong Securities Clearing Company Limited | Overseas Legal Person | 8.44% | | UBS Asset Management (Singapore) Ltd. | Overseas Legal Person | 2.33% | | National Social Security Fund 413 Portfolio | Domestic Non-State-Owned Legal Person | 1.18% | | National Social Security Fund 604 Portfolio | Domestic Non-State-Owned Legal Person | 0.68% | Quarterly Financial Statements Consolidated Balance Sheet As of March 31, 2022, total assets were CNY 3.373 billion (down 3.85%), and equity was CNY 2.592 billion (up 9.98%), reflecting a healthy financial position with high cash and low liabilities Key Balance Sheet Items (CNY) | Item | Period-End Balance | Year-Start Balance | | :--- | :--- | :--- | | Total Assets | 3,373,403,611.07 | 3,508,334,611.06 | | Cash and Cash Equivalents | 2,683,200,365.08 | 2,606,635,705.97 | | Inventories | 148,538,049.54 | 351,421,050.73 | | Total Liabilities | 746,120,605.39 | 1,116,273,798.56 | | Accounts Payable | 243,411,628.23 | 172,237,381.06 | | Contract Liabilities | 213,378,236.54 | 640,407,975.64 | | Total Equity | 2,627,283,005.68 | 2,392,060,812.50 | | Equity Attributable to Parent Company Shareholders | 2,592,003,742.01 | 2,356,717,293.21 | Consolidated Income Statement In Q1 2022, operating revenue grew 14.95% to CNY 1.118 billion, and net profit attributable to parent increased 11.19% to CNY 235 million, primarily due to a 48.11% reduction in administrative expenses Key Income Statement Items (CNY) | Item | Current Period Amount | Prior Period Amount | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,117,806,873.79 | 972,447,722.32 | 14.95% | | Operating Cost | 594,523,445.56 | 477,794,364.02 | 24.43% | | Selling Expenses | 189,883,980.93 | 186,926,427.96 | 1.58% | | Administrative Expenses | 11,399,882.59 | 21,968,197.24 | -48.11% | | Operating Profit | 313,593,532.31 | 281,765,721.69 | 11.29% | | Total Profit | 313,653,676.54 | 281,524,138.43 | 11.41% | | Net Profit Attributable to Parent Company Shareholders | 235,286,448.80 | 211,610,293.29 | 11.19% | | Basic Earnings Per Share | 0.22 | 0.20 | 10.00% | Consolidated Cash Flow Statement Net cash flow from operating activities decreased 33.23% to CNY 80 million due to higher payments for goods; period-end cash and cash equivalents stood at CNY 2.683 billion, indicating ample reserves Key Cash Flow Statement Items (CNY) | Item | Current Period Amount | Prior Period Amount | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 80,312,831.40 | 120,280,304.08 | | Cash Received from Sales of Goods and Services | 776,373,514.19 | 762,390,251.07 | | Cash Paid for Goods and Services | 447,046,747.73 | 381,662,834.88 | | Net Cash Flow from Investing Activities | -3,695,590.84 | 44,087.80 | | Net Cash Flow from Financing Activities | -52,581.45 | -128,335,417.84 | | Period-End Cash and Cash Equivalents Balance | 2,683,200,365.08 | 2,333,868,597.87 | Audit Opinion The company's Q1 2022 financial report was not audited by a certified public accountant - The company's first quarter report was unaudited[25]