隆基机械(002363) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥530,500,969.14, representing a 19.55% increase compared to ¥443,737,921.44 in the same period last year[3] - The net profit attributable to shareholders decreased by 5.65% to ¥15,304,392.74 from ¥16,220,330.17 year-on-year[3] - Total operating revenue for the first quarter reached ¥530,500,969.14, an increase of 19.5% compared to ¥443,737,921.44 in the previous year[17] - Net profit for the period was ¥14,864,041.34, a decrease of 4.6% from ¥15,585,231.68 in the same period last year[18] Cash Flow - The net cash flow from operating activities surged by 539.37% to ¥119,523,906.55, compared to ¥18,693,952.42 in the previous year[3] - Cash inflow from operating activities increased to 619,610,634.86 from 408,265,829.12, representing a growth of approximately 51.6%[20] - Net cash flow from operating activities improved significantly to 119,523,906.55 from 18,693,952.42[20] - Cash inflow from investment activities decreased to 45,495,184.93 from 130,917,671.23, a decline of about 65.3%[21] - Net cash flow from investment activities was 33,574,037.92, down from 45,910,084.54[21] - Cash inflow from financing activities increased to 74,446,470.00 from 50,000,000.00, a rise of 48.9%[21] - The net cash flow from financing activities was -970,712.62, compared to -11,172,401.13 in the previous period[21] - The ending balance of cash and cash equivalents rose to 785,454,486.38 from 529,223,113.95, an increase of approximately 48.3%[21] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥3,475,255,924.40, a slight increase of 0.14% from ¥3,470,450,880.41 at the end of the previous year[3] - The company's total liabilities decreased to ¥1,228,115,537.19 from ¥1,238,174,534.54, reflecting a reduction of 0.8%[15] - Current assets totaled ¥2,381,316,335.34, showing a modest increase from ¥2,349,641,604.24 at the start of the year[14] - Cash and cash equivalents rose to ¥1,023,457,018.83, up from ¥941,749,281.52, indicating a growth of 8.7%[14] - Inventory levels were reported at ¥829,085,404.07, a slight increase from ¥814,045,871.12[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,219[9] - Longi Group Co., Ltd. remains the largest shareholder, holding 42.24% of the company's shares[10] - The company's equity attributable to shareholders rose by 0.71% to ¥2,185,406,572.56 from ¥2,170,102,179.82 at the end of the last year[3] - The equity attributable to shareholders increased to ¥2,185,406,572.56 from ¥2,170,102,179.82, marking a growth of 0.7%[15] Expenses - Sales expenses increased by 64.38% in Q1 2022 compared to the same period last year, primarily due to higher after-sales service costs[7] - Financial expenses saw a significant rise of 172.65% in Q1 2022, attributed to increased exchange losses[7] - The company reported a 138.59% increase in credit impairment losses for Q1 2022, mainly due to a decrease in bad debt provisions[7] - Research and development expenses for the quarter were ¥3,392,182.96, compared to ¥3,106,062.98 in the previous year, representing an increase of 9.2%[18] Other Information - The total comprehensive income attributable to minority shareholders decreased to -440,351.40 from -635,098.49[19] - Basic and diluted earnings per share remained stable at 0.04[19] - The first quarter report was not audited[22]