红宝丽(002165) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥713,741,155.35, a decrease of 14.48% compared to ¥834,591,265.17 in the same period last year[2] - The net profit attributable to shareholders was a loss of ¥30,706,716.86, representing a decline of 213.46% from a profit of ¥27,064,505.30 in the previous year[2] - Total operating revenue for Q1 2022 was CNY 713,741,155.35, a decrease of 14.5% compared to CNY 834,591,265.17 in the same period last year[18] - Net profit for Q1 2022 was a loss of CNY 30,749,315.61, compared to a profit of CNY 27,136,176.62 in Q1 2021[19] - The company reported a basic and diluted earnings per share of -0.04 for Q1 2022, compared to 0.04 in Q1 2021[19] Cash Flow - The net cash flow from operating activities increased by 115.86% to ¥32,760,581.50, compared to a negative cash flow of ¥206,547,903.20 in the same period last year[2] - Operating cash flow for Q1 2022 was CNY 32,760,581.50, a significant improvement from a negative cash flow of CNY 206,547,903.20 in the same quarter last year[21] - The net cash flow from investing activities was -38,353,389.32 CNY, compared to -46,919,418.17 CNY in the previous period, indicating a decrease in cash outflow[22] - The net cash flow from financing activities was 655,588,284.38 CNY, up from 370,769,676.06 CNY in the previous period, showing an increase of approximately 77%[22] - The company reported a net increase in cash and cash equivalents of 648,330,120.18 CNY, compared to 117,131,472.27 CNY in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,027,694,256.21, an increase of 10.75% from ¥5,442,459,571.84 at the end of the previous year[2] - The total liabilities as of Q1 2022 amounted to CNY 3,921,377,011.23, an increase of 18.6% from CNY 3,305,402,915.23 year-on-year[18] - The total equity attributable to shareholders decreased by 1.44% to ¥2,102,136,928.92 compared to ¥2,132,833,741.80 at the end of the previous year[2] - Current assets total 3,553,316,860.66 yuan, up from 2,996,107,063.39 yuan at the start of the year[14] - The company's total assets amount to 6,027,694,256.21 yuan, an increase from 5,442,459,571.84 yuan at the beginning of the year[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 62,303[10] - Jiangsu Baoyuan Investment Management Co., Ltd. holds 20.42% of shares, totaling 150,115,500 shares, with 64,940,000 shares pledged[10] - The number of unrestricted shares is 727,301,446, accounting for 98.92% of the total share capital[11] Production and Cost Management - The company reported a significant decrease in profit due to a 34.68% drop in the price of propylene oxide, with prices fluctuating between ¥10,000 and ¥12,000 per ton[7] - The company plans to expand its propylene oxide production capacity from 100,000 tons to 250,000 tons to reduce costs and improve economic efficiency[7] - The company has initiated measures to optimize production processes and control costs to return to profitability[7] Research and Development - Research and development expenses increased to CNY 28,292,273.78, up 44.4% from CNY 19,587,818.98 in the previous year[18] Audit and Reliability - The first quarter report was not audited, which may affect the reliability of the financial data presented[23] - The company’s financial performance indicates a strong liquidity position with a substantial increase in cash reserves[22]