山东威达(002026) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥767,581,485.58, representing a 29.89% increase compared to ¥590,960,524.61 in the same period last year[3] - Net profit attributable to shareholders decreased by 31.58% to ¥64,216,897.12 from ¥93,850,124.93 year-on-year[3] - The net profit for Q1 2022 was CNY 68,967,177.92, a decrease of 26.3% compared to CNY 93,555,595.69 in Q1 2021[25] - Operating profit for Q1 2022 was CNY 82,677,340.56, down from CNY 111,152,927.69 in the same period last year, reflecting a decline of 25.7%[25] - The company reported a total comprehensive income of CNY 69,106,533.97 for Q1 2022, down from CNY 94,058,837.26 in Q1 2021, indicating a decline of 26.5%[25] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.15, down from CNY 0.22 in Q1 2021, representing a decrease of 31.8%[25] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥218,814,632.77, a decline of 315.17% compared to ¥101,692,929.27 in the previous year[3] - Cash flow from operating activities showed a net outflow of CNY -218,814,632.77, compared to a net inflow of CNY 101,692,929.27 in Q1 2021[26] - The company incurred a total cash outflow of CNY 936,869,341.35 from operating activities, compared to CNY 595,774,833.00 in Q1 2021, reflecting an increase of 57.2%[26] - Cash and cash equivalents at the end of Q1 2022 were CNY 1,102,908,590.36, compared to CNY 993,410,858.78 at the end of Q1 2021, showing an increase of 11.0%[28] - The company's cash and cash equivalents decreased from RMB 1,653,591,391.65 at the beginning of the year to RMB 1,430,241,627.49 at the end of the reporting period[18] - Investment activities generated a net cash inflow of CNY 24,561,693.77, a significant improvement from a net outflow of CNY -8,219,370.60 in the previous year[28] Assets and Liabilities - The company's total assets decreased by 4.18% to ¥4,660,693,044.56 from ¥4,863,841,564.40 at the end of the previous year[3] - Total liabilities decreased to CNY 1,466,072,283.58, down from CNY 1,737,960,523.47, a reduction of 15.6%[20] - The equity attributable to shareholders of the parent company increased to CNY 3,163,640,807.96, up from CNY 3,099,651,368.71, a growth of 2.1%[22] - Accounts receivable rose to CNY 621,096,069.83, compared to CNY 591,025,776.26, indicating an increase of 5.1%[19] - Inventory levels decreased to CNY 717,265,038.09 from CNY 792,285,022.26, a decline of 9.5%[19] - Short-term borrowings decreased to CNY 81,680,583.33 from CNY 110,110,916.67, a reduction of 26.0%[20] Operating Costs and Expenses - The company's operating costs increased by 42.43% to ¥620,520,055.54, primarily due to expanded sales and rising raw material prices[8] - Total operating costs amounted to CNY 692,849,829.22, up 41.5% from CNY 489,321,314.74 in the previous year[23] - Research and development expenses increased to CNY 34,223,438.69, representing a rise of 19.0% from CNY 28,546,226.49 in the same period last year[23] - The company reported a 97.13% increase in financial expenses, primarily due to exchange losses incurred during the period[8] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,876[11] - Shandong Weida Group Co., Ltd. holds 36.38% of shares, amounting to 160,332,591 shares, with 17,500,165 shares pledged[11] Investments and Fund Management - The company plans to use RMB 25 million to increase capital in its wholly-owned subsidiary, Shanghai Baicheng Electric Co., Ltd.[13] - The company approved the use of RMB 47,348,319.24 of raised funds to replace self-raised funds previously invested in projects[14] - The company established a wholly-owned subsidiary, Weihai Weida Import and Export Co., Ltd., with an investment of RMB 10 million[16] - Cash management of idle raised funds amounted to RMB 130 million, with RMB 60 million redeemed and earning RMB 12.21 million in investment income[15] - The construction in progress increased by 73.55% to ¥71,894,683.55, attributed to the company's fundraising project construction[7] Tax and Refunds - The company experienced a 36.06% decrease in tax refunds received, totaling ¥14,610,091.77 compared to ¥22,851,426.95 in the previous year[9]