张裕A(000869) - 2022 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2022 was CNY 1,165,989,959, an increase of 2.82% compared to CNY 1,134,006,251 in the same period last year[3] - Net profit attributable to shareholders was CNY 290,587,744, reflecting a growth of 1.34% from CNY 286,745,340 year-over-year[3] - Net profit for Q1 2022 reached CNY 289,302,954, slightly up from CNY 286,365,352 in Q1 2021, indicating a growth of around 1%[17] - The total comprehensive income attributable to the parent company was CNY 290,770,983, up from CNY 279,320,428 in the same period last year[18] - The company’s total comprehensive income for Q1 2022 was CNY 289,750,871, compared to CNY 278,158,000 in Q1 2021, showing an overall improvement[18] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 4.95% to CNY 299,300,737 from CNY 314,895,523 in the previous year[3] - Operating cash inflow for Q1 2022 was CNY 1,297,307,763, an increase from CNY 1,143,967,450 in Q1 2021[19] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 1,684,681,398, up from CNY 1,286,531,101 at the end of Q1 2021[20] - The cash inflow from financing activities was CNY 58,268,052, significantly higher than CNY 4,450,003 in Q1 2021[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,445,106,557, a slight decrease of 0.20% from CNY 13,472,009,754 at the end of the previous year[3] - Total liabilities decreased to CNY 2,462,679,082 from CNY 2,779,333,150, indicating a reduction of approximately 11.4%[14] - The company’s long-term equity investments decreased to CNY 43,681,075 from CNY 46,496,510, a decline of about 6%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period was 50,528, with the largest shareholder holding 50.40% of the shares[9] - Basic and diluted earnings per share remained stable at CNY 0.42 for both Q1 2022 and Q1 2021[18] Expenses - Total operating costs for Q1 2022 amounted to CNY 790,444,106, compared to CNY 763,383,605 in Q1 2021, reflecting an increase of about 3.6%[17] - The company reported a significant increase in sales expenses, which rose to CNY 216,967,961 from CNY 189,956,956, reflecting an increase of about 14.2%[17] - Research and development expenses for Q1 2022 were CNY 1,527,797, up from CNY 1,322,003 in the previous year, representing an increase of approximately 15.6%[17] Financial Performance Metrics - The weighted average return on equity was 2.74%, down from 2.75% in the same period last year, a decrease of 0.01%[3] - The company reported a significant decrease in financial expenses by 75.69% and an increase in interest income by 171.23% due to higher bank deposit interest[7] - The company recorded a total of CNY 6,419,086 in non-recurring gains and losses during the reporting period[5] - The company reported a decrease in other comprehensive income attributable to the parent company, with a net amount of CNY 183,239 compared to -CNY 7,424,912 in the previous year[18] Receivables and Inventory - The company’s receivables decreased significantly, with accounts receivable down by 38.85% and notes receivable down by 51.71%[7] - Inventory levels decreased to CNY 2,779,869,275 from CNY 2,802,622,520, showing a reduction of about 0.8%[12]