塔牌集团(002233) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 1,254,747,443.68, a decrease of 16.37% compared to CNY 1,500,374,069.17 in the same period last year[5]. - Net profit attributable to shareholders for Q1 2022 was CNY 52,632,460.64, down 85.04% from CNY 351,747,445.64 year-on-year[5]. - The average selling price of cement increased by 10.2% year-on-year, while the average sales cost rose by 26.71%, leading to a decline in gross margin from 32.28% to 23.35%[12]. - Cement production in Q1 2022 was 3.9084 million tons, and sales volume was 3.4845 million tons, representing decreases of 18.75% and 25.39% respectively compared to the previous year[10]. - The company experienced a substantial decline in profit levels due to decreased cement sales and increased costs, influenced by ongoing real estate regulation and adverse weather conditions[12]. - Total operating revenue for the current period was ¥1,254,747,443.68, a decrease of 16.4% compared to ¥1,500,374,069.17 in the previous period[33]. - Net profit for the current period was ¥53,757,443.71, a decline of 84.7% from ¥352,064,312.80 in the previous period[36]. - Earnings per share for the current period was ¥0.05, compared to ¥0.30 in the previous period[36]. - The company's income tax expense decreased by 80.53% to ¥2,132.90 million due to a significant drop in profit levels[13]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY -419,105,239.79, a significant decline of 1,728.63% compared to CNY -22,919,041.92 in the same period last year[5]. - The net cash flow from operating activities decreased significantly by 1,728.64% to -¥41,910.52 million, impacted by a decline in cement demand and high coal prices[16]. - Cash received from operating activities was 1,373,515,989.47, down from 1,693,807,280.97, indicating a decline in operational cash generation[40]. - The cash outflow for operating activities increased to 1,792,621,229.26 from 1,716,726,322.89, reflecting higher operational costs[40]. - The cash and cash equivalents at the end of the period were 1,067,698,635.41, compared to 1,441,937,341.60 in the previous period, showing a decrease in liquidity[43]. Assets and Liabilities - The company's total assets at the end of Q1 2022 were CNY 13,467,514,716.24, a decrease of 2.61% from CNY 13,828,378,610.53 at the end of the previous year[5]. - Total liabilities decreased to ¥1,501,908,175.60 from ¥2,078,052,339.92 at the beginning of the year, a reduction of 27.7%[29]. - The total assets decreased to ¥13,467,514,716.24 from ¥13,828,378,610.53 at the beginning of the year, a decrease of 2.6%[29]. - Current assets decreased from 5,900,529,156.28 RMB to 5,549,908,695.62 RMB, a reduction of about 5.93%[22]. - The total liabilities decreased from 5,900,529,156.28 RMB to 5,549,908,695.62 RMB, indicating a decline of about 5.93%[22]. Investments and Expenses - Research and development expenses rose by 44.79% to ¥2,759.80 million, mainly due to increased labor costs for R&D projects[13]. - Research and development expenses for the current period were ¥2,759,842.20, an increase of 44.9% compared to ¥1,906,131.73 in the previous period[33]. - The company's long-term equity investments slightly decreased from 524,079,667.49 RMB to 521,356,622.73 RMB, a decrease of approximately 0.52%[24]. - The company reported a 296.02% decrease in fair value changes of financial assets, resulting in a loss of ¥12,620.81 million[13]. Other Operating Income - The company’s total revenue from other operating income surged by 1,092.86% to ¥619.45 million, mainly from the sale of carbon emission quotas[13]. - The cash received from other operating activities was 28,531,905.47, an increase from 24,491,030.14, indicating improved cash collection from ancillary operations[40].