江苏国泰(002091) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 reached ¥9,908,270,488.08, representing a 58.51% increase compared to the same period last year[2] - Net profit attributable to shareholders was ¥434,524,911.79, a significant increase of 161.61% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥421,610,056.01, up by 147.70% compared to the previous year[2] - The basic earnings per share increased to ¥0.27, reflecting a growth of 145.45% year-on-year[2] - Net profit for Q1 2022 was ¥589,606,940.96, compared to ¥230,770,831.10 in Q1 2021, representing a 155.5% year-over-year growth[30] - Operating profit for Q1 2022 was ¥745,021,015.76, up from ¥296,473,209.55 in Q1 2021, indicating a significant increase of 151.5%[30] - The company reported a total comprehensive income of ¥580,206,950.73 for Q1 2022, compared to ¥219,126,720.39 in the same quarter last year, reflecting a growth of 164.5%[30] Cash Flow - The company's cash flow from operating activities improved to -¥368,366,239.52, a 71.68% reduction in cash outflow compared to the previous year[2] - Cash inflow from operating activities amounted to ¥14,217,883,719.62, a significant increase from ¥8,966,219,684.58 in the previous period, representing a growth of approximately 58%[35] - The net cash outflow from operating activities was ¥368,366,239.52, an improvement compared to the previous period's outflow of ¥1,300,674,741.88[35] - Cash inflow from investment activities totaled ¥5,193,123,932.25, up from ¥3,908,628,472.66, indicating a growth of about 33%[38] - The net cash outflow from investment activities was ¥1,619,275,311.62, worsening from the previous period's outflow of ¥537,894,904.06[38] - Cash inflow from financing activities reached ¥1,619,531,406.27, compared to ¥808,583,244.95 in the prior period, marking an increase of approximately 100%[38] - The net cash outflow from financing activities was ¥16,691,993.99, a significant improvement from the previous period's outflow of ¥263,945,441.49[38] - The ending balance of cash and cash equivalents was ¥8,342,200,592.28, an increase from ¥6,349,707,828.71 in the previous period[38] - The company received cash from the recovery of investments amounting to ¥5,182,077,758.14, compared to ¥3,867,797,720.85 in the previous period[35] - The total cash outflow for purchasing fixed assets and other long-term assets was ¥176,314,297.07, up from ¥130,713,658.49 in the previous period[38] - The company reported a cash inflow of ¥861,620,537.86 from tax refunds, an increase from ¥669,005,018.65 in the previous period[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥34,572,177,016.71, showing a slight decrease of 0.01% from the end of the previous year[4] - The total liabilities decreased from ¥21,235,694,978.77 to ¥20,360,282,173.35, a reduction of approximately 4.1%[24] - The total equity increased from ¥13,339,439,241.02 to ¥14,211,894,843.36, showing a growth of about 6.5%[24] - Shareholders' equity attributable to the parent company increased by 6.73% to ¥11,207,280,675.52 compared to the end of the previous year[4] - The company's cash and cash equivalents decreased to RMB 9,464,434,824.03 from RMB 11,406,329,322.63, reflecting a decline of approximately 17.0%[17] - The total current assets increased to RMB 29,335,073,496.59 from RMB 29,211,271,035.12, indicating a growth of about 0.4%[20] - The company's inventory rose to RMB 4,641,420,527.39 from RMB 3,895,274,075.66, representing an increase of approximately 19.2%[17] - Short-term borrowings increased to RMB 894,586,892.02 from RMB 642,488,002.72, marking a rise of about 39.2%[20] - Accounts payable decreased to RMB 6,860,226,156.68 from RMB 7,452,545,818.90, showing a decline of approximately 7.9%[20] - The company’s long-term equity investments decreased to RMB 192,233,059.49 from RMB 365,828,049.95, reflecting a decline of approximately 47.4%[20] Research and Development - Research and development expenses rose by 56.56% to ¥32,252,638.57, driven by increased investment in the new energy sector[9] - Research and development expenses for Q1 2022 amounted to ¥32,252,638.57, an increase from ¥20,601,078.62 in the previous year, reflecting a 56.6% rise[27] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to maintain its competitive edge in the industry[8] - The company is in the process of spinning off its subsidiary, Ruitai New Materials, for an IPO on the ChiNext board, with the project progressing smoothly[16] Trade Receivables - The company reported a significant increase in trade receivables, which rose by 139.13% due to a substantial increase in the new energy business[9] - The company reported a significant increase in accounts receivable, which rose to RMB 6,394,752,970.56 from RMB 6,926,075,993.55, indicating a decrease of about 7.7%[17]