融发核电(002366) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥81,745,619.12, a decrease of 25.93% compared to ¥110,366,384.89 in the same period last year[4] - The net profit attributable to shareholders was -¥30,883,820.77, an improvement of 29.62% from -¥43,880,656.77 year-on-year[4] - The net cash flow from operating activities was ¥1,777,111.62, down 95.69% from ¥41,237,991.23 in the previous year[4] - Total operating revenue for the current period is ¥81,745,619.12, a decrease of approximately 26% compared to ¥110,366,384.89 in the previous period[26] - Net profit for the current period is -¥32,195,579.44, an improvement from -¥45,232,186.11 in the previous period, reflecting a reduced loss of approximately 29%[29] - The company reported a basic and diluted earnings per share of -¥0.04, compared to -¥0.05 in the previous period[32] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,018,207,535.94, a slight decrease of 0.41% from ¥5,039,016,307.41 at the end of the previous year[4] - The total liabilities amount to ¥4,936,847,922.99, slightly increasing from ¥4,926,876,208.17[25] - The total equity attributable to shareholders of the parent company is -¥47,805,759.49, worsening from -¥17,262,984.72 in the previous period[25] - The company’s total assets amount to ¥5,018,207,535.94, down from ¥5,039,016,307.41[25] Cash Flow - Operating cash inflow for the current period was $63,690,457.74, a decrease of 46% from $117,818,127.26 in the previous period[33] - Cash outflow from operating activities totaled $61,913,346.12, down from $76,580,136.03, resulting in a net cash flow from operating activities of $1,777,111.62, a significant decline from $41,237,991.23[36] - The net increase in cash and cash equivalents was -$4,328,312.15, contrasting with a positive increase of $13,815,263.70 in the previous period[36] - The ending balance of cash and cash equivalents was $40,034,391.39, compared to $43,527,674.96 at the end of the previous period[39] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 83,465[9] - The largest shareholder, Yantai Taihai Group Co., Ltd., holds 30.27% of the shares, totaling 262,436,862 shares[12] Research and Development - Research and development expenses decreased by 95.48% to ¥669,410.27 from ¥14,794,176.97 in the same period last year[8] - Research and development expenses for the current period are ¥669,410.27, significantly reduced from ¥14,794,176.97 in the previous period, indicating a decrease of approximately 95%[26] Government Subsidies - The company received government subsidies amounting to ¥566,034.03, which is significantly lower than the previous year's amount of ¥4,445,334.72, a decrease of 87.27%[8] Bankruptcy and Restructuring - The company has reported continuous net losses for three consecutive years, raising concerns about its ability to continue as a going concern[15] - The company is undergoing bankruptcy reorganization, with an application submitted by creditors, and the court has not yet ruled on the acceptance of this application[15] - The company is closely monitoring the bankruptcy reorganization process of its subsidiaries and controlling shareholders, which poses additional risks[15] - The company will fulfill its information disclosure obligations as required by laws and regulations regarding its financial status and restructuring efforts[15] Inventory and Receivables - Accounts receivable decreased from CNY 487.06 million to CNY 473.91 million, a decline of approximately 2.36%[19] - Inventory increased from CNY 541.59 million to CNY 596.29 million, reflecting a growth of approximately 10.09%[19] Other Financial Metrics - The company has a short-term loan balance of approximately CNY 1.34 billion, which is relatively stable compared to the previous period[19] - The company has a total of ¥1,046,098,344.30 in other payables, slightly decreasing from ¥1,052,314,753.85[25] - The company’s contract liabilities increased to ¥43,388,026.27 from ¥38,982,751.45, representing a growth of approximately 11%[25] Market Activity - The company did not report any new product launches or technological advancements during this period[38] - There were no significant market expansions or mergers and acquisitions reported in the current quarter[38] Audit Status - The first quarter report was not audited, indicating a potential area for further scrutiny in financial reporting[39]