中锐股份(002374) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 208,236,104.40, representing a 16.35% increase compared to CNY 178,972,332.20 in the same period last year[3] - Net profit attributable to shareholders decreased by 29.64% to CNY 12,707,906.56 from CNY 18,061,486.52 year-on-year[3] - Operating profit for Q1 2022 decreased to CNY 19,378,082.05, down 34.19% from CNY 29,469,877.13 in the previous year[18] - The net profit for Q1 2022 was 13,875,133.78 CNY, down 35.4% from 21,481,969.36 CNY in the same period last year[19] - The basic earnings per share for Q1 2022 was 0.0117 CNY, compared to 0.0166 CNY in Q1 2021, reflecting a decline of 29.5%[19] Cash Flow and Liquidity - The net cash flow from operating activities dropped significantly by 88.58%, amounting to CNY 22,001,430.45 compared to CNY 192,594,111.50 in the previous year[3] - The cash flow from operating activities generated a net cash inflow of 22,001,430.45 CNY, significantly lower than 192,594,111.50 CNY in Q1 2021[21] - Cash and cash equivalents at the end of the period were CNY 162,728,250.99, down 24.09% from CNY 214,361,552.28 at the beginning of the year[14] - The company reported a cash and cash equivalents balance of 141,614,605.50 CNY at the end of Q1 2022, down from 343,686,921.44 CNY at the end of Q1 2021[21] - The financing activities resulted in a net cash outflow of 70,306,575.70 CNY in Q1 2022, compared to a net outflow of 58,327,272.40 CNY in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,733,969,058.58, a decrease of 2.51% from CNY 4,856,056,945.13 at the end of the previous year[3] - Total current assets amounted to CNY 2,689,799,810.95, a decrease of 5.10% from CNY 2,834,425,747.26 at the beginning of the year[15] - Total liabilities decreased to CNY 2,557,580,059.48, down 5.06% from CNY 2,693,843,079.81 at the start of the year[16] - Long-term borrowings decreased to CNY 701,355,885.84, down 5.37% from CNY 741,105,380.90 at the beginning of the year[16] Expenses and Costs - Total operating costs for Q1 2022 were CNY 186,633,748.20, up 14.99% from CNY 162,274,574.17 in Q1 2021[18] - Sales expenses increased by 46.97% year-on-year, primarily due to higher labor costs and marketing expenses associated with revenue growth[8] - Financial expenses rose by 61.15% compared to the previous year, attributed to lower interest income recognized in the current period[8] Investment Activities - The company reported a significant decrease in investment income, down 35323.2% year-on-year, due to losses from debt restructuring in the landscaping business[8] - The company reported a net loss of CNY 10,996,449.83 from investment activities, compared to a profit of CNY 31,219.34 in the previous year[18] - The company had a total cash outflow from investing activities of 5,058,519.68 CNY in Q1 2022, compared to a cash inflow of 436,864.15 CNY in Q1 2021[23] Accounts Receivable and Contract Liabilities - The balance of accounts receivable financing decreased by 37.38% compared to the beginning of the year, mainly due to reduced bank acceptance bill payments to suppliers[7] - Contract liabilities decreased by 41.64% compared to the beginning of the year, reflecting a reduction in customer prepayments settled during the period[7] - Accounts receivable decreased to CNY 1,706,167,339.92, a decline of 3.07% from CNY 1,760,304,793.81 at the start of the year[14]