*ST新纺(002087) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥984,263,365.54, a decrease of 26.55% compared to ¥1,340,121,113.42 in the same period last year[3] - Net profit attributable to shareholders was ¥10,372,451.54, down 68.64% from ¥33,073,548.79 year-on-year[3] - Basic earnings per share were ¥0.0127, a decline of 68.64% from ¥0.0405 in the same period last year[3] - The company experienced a significant decline in operating profit and total profit, down 66.00% and 66.29% respectively, attributed to the impact of the pandemic and rising raw material costs[7] - The total comprehensive income for the first quarter was CNY 10,196,902.61, a decrease from CNY 33,332,784.43 in the previous period, representing a decline of approximately 69.4%[19] Cash Flow - The net cash flow from operating activities decreased by 74.40%, amounting to ¥71,124,508.39 compared to ¥277,778,770.30 in the previous year[3] - Cash inflow from operating activities totaled CNY 1,250,061,426.95, compared to CNY 1,476,477,767.08 in the previous period, a decrease of about 15.3%[22] - Cash outflow from operating activities was CNY 1,178,936,918.56, slightly down from CNY 1,198,698,996.78, showing a decrease of approximately 1.7%[22] - Cash and cash equivalents at the end of the period were CNY 57,216,857.92, down from CNY 129,009,354.93 at the end of the previous year, a decline of about 55.7%[23] - Cash flow from financing activities resulted in a net outflow of CNY 89,298,349.91, an improvement from a net outflow of CNY 429,971,205.12 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,329,095,354.13, down 2.25% from ¥10,566,509,246.43 at the end of the previous year[3] - Current liabilities totaled CNY 5,411,102,597.11, a slight decrease of 1.4% from CNY 5,490,111,753.69[15] - The company's long-term borrowings decreased by 32.73%, primarily due to reclassification of long-term borrowings to current liabilities[7] - The company's long-term equity investments were valued at CNY 49,506,999.53, a decrease from CNY 51,162,526.37[14] Operating Costs and Expenses - The total operating costs amounted to CNY 972,054,998.75, down 25.0% from CNY 1,296,736,935.04 year-over-year[16] - Research and development expenses for the quarter were CNY 27,954,152.36, down 22.9% from CNY 36,251,427.41 year-over-year[16] - The financial expenses increased to CNY 59,996,439.84, compared to CNY 42,426,178.67 in the previous year, marking an increase of 41.5%[16] Government Support and Impairments - The company received government subsidies amounting to ¥2,740,000.00 during the reporting period[5] - The company reported a credit impairment loss of CNY -104,045.94, compared to a loss of CNY -4,777,524.06 in the previous year[18] Audit Status - The report for the first quarter was not audited[24]