宏达新材(002211) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥92,648,385.72, a decrease of 23.26% compared to ¥120,733,757.41 in the same period last year[2] - The net profit attributable to shareholders was a loss of ¥10,624,318.28, representing a decline of 117.98% from a loss of ¥4,873,940.08 in the previous year[2] - Total operating revenue for Q1 2022 was ¥92,648,385.72, a decrease of 23.3% compared to ¥120,733,757.41 in the same period last year[23] - Net loss for Q1 2022 was ¥10,624,318.28, compared to a net loss of ¥4,873,940.08 in Q1 2021, representing a year-on-year increase in loss of 117.5%[24] - Basic and diluted earnings per share for Q1 2022 were both -0.0246, compared to -0.0113 in the same period last year[25] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥61,003,680.16, a 182.00% increase from a negative cash flow of ¥74,392,207.60 in the same period last year[2] - Total cash inflow from operating activities is ¥188,077,869.51, while cash outflow is ¥127,074,189.35, resulting in a net cash flow of ¥61,003,680.16[28] - Cash and cash equivalents at the end of the period amount to ¥80,484,326.62, an increase from ¥57,708,757.05 in the previous period[29] - The company received ¥66,322,434.86 in other operating cash, a substantial increase from ¥6,398,699.80 in the previous period, suggesting improved operational efficiency[28] - The company’s total tax payments decreased to ¥2,476,801.99 from ¥10,124,814.23, reflecting a reduction in tax liabilities[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥504,706,938.02, down 2.44% from ¥517,305,210.83 at the end of the previous year[2] - Total liabilities for Q1 2022 were ¥462,304,031.07, slightly down from ¥464,277,985.60 in the previous period[21] - The equity attributable to shareholders decreased by 20.04% to ¥42,402,906.95 from ¥53,027,225.23 at the end of the previous year[2] - Accounts receivable decreased significantly to ¥5,552,348.34 from ¥48,719,526.30, indicating a reduction of about 88.6%[19] - The company’s inventory increased to ¥47,539,655.65 from ¥41,039,132.17, representing a growth of approximately 15.5%[19] Operational Efficiency - The company reported a significant increase in cash received from other activities, totaling ¥6,632,240.00, a 936.50% increase from ¥639,870.00 in the previous period[8] - The company paid ¥98,957,902.37 for goods and services in the current period, down from ¥196,876,373.85 in the previous period, reflecting a reduction in operational costs[28] - The cash outflow from investing activities is ¥2,204,056.35, compared to ¥1,033,750.00 in the previous period, indicating increased investment in fixed assets[28] Management and Governance - The company appointed a new CFO, Wang Yanjie, to oversee financial operations, aiming to enhance financial management and reporting[13] - The company is undergoing an investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws, which may impact future operations[12] - The company’s major shareholder, Jiangsu Weilen Investment Management Co., has had a portion of its shares frozen due to an investigation, affecting shareholder dynamics[12] Strategic Initiatives - A strategic cooperation agreement was signed with Inner Mongolia Hengxing Chemical Co., focusing on the supply of various silicone products over a three-year period[16] - The company plans to auction off remaining assets from its subsidiaries, with an estimated value of ¥1,304.45 million, but previous auctions have failed to attract bidders[17] - The company is actively pursuing tax refunds, having received a total of ¥40,159,239.20 in tax refunds from two subsidiaries, which will improve cash flow[14][15] Research and Development - Research and development expenses for Q1 2022 were ¥4,307,019.86, a decrease of 30.6% compared to ¥6,204,300.57 in the same period last year[23]