双象股份(002395) - 2022 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2022 was CNY 318,737,113.45, a decrease of 1.87% compared to CNY 324,822,391.54 in the same period last year[3] - Net profit attributable to shareholders was CNY -5,951,257.31, representing a decline of 129.23% from CNY 20,357,187.97 year-on-year[3] - Net profit for Q1 2022 was a loss of CNY 5,951,257.31, compared to a profit of CNY 20,357,187.97 in Q1 2021, representing a significant decline[21] Cash Flow - The net cash flow from operating activities improved by 72.54%, reaching CNY -14,462,627.44 compared to CNY -52,677,020.12 in the previous year[3] - The company's cash inflow from operating activities totaled CNY 236,274,666.08, compared to CNY 185,675,069.28 in the previous year, indicating a 27.24% increase[24] - The net cash flow from operating activities was -¥14,462,627.44, an improvement from -¥52,677,020.12 in the previous year[25] - The net cash flow from investing activities was ¥160,526,166.69, compared to -¥27,522,863.56 in the same period last year[25] - The net cash flow from financing activities was ¥10,185,311.43, a recovery from -¥24,047,895.79 in the previous year[25] Assets and Liabilities - Total assets increased by 10.92% to CNY 2,290,416,397.64 from CNY 2,064,857,369.27 at the end of the previous year[3] - The total liabilities increased to CNY 1,391,561,803.75 from CNY 1,160,051,518.07, reflecting a growth of 19.93%[20] - The company's total equity decreased to CNY 898,854,593.89 from CNY 904,805,851.20, a decline of 0.66%[20] Expenses - Management expenses rose by 51.98% to CNY 12,973,000.00, attributed to depreciation of idle equipment and buildings after the factory shutdown[7] - The company experienced a 284.01% increase in financial expenses, primarily due to foreign currency exchange rate fluctuations[7] - The company reported a significant increase in financial expenses, totaling CNY 1,533,864.33, compared to a negative expense of CNY 833,569.38 in the previous year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,606[12] - Jiangsu Shuangxiang Group Co., Ltd. holds 64.52% of the shares, amounting to 173,045,285 shares[12] Inventory and Receivables - Accounts receivable stand at RMB 345,074,106.11, up from RMB 301,208,631.91 at the beginning of the year[18] - Inventory decreased to RMB 336,588,304.44 from RMB 372,937,905.63 at the beginning of the year[18] Project Development - The first phase of the project for producing 30 million meters/year of microfiber materials and polyurethane synthetic leather has entered trial production[15] - The company aims to accelerate the trial production process to compensate for the performance loss due to the shutdown of the parent company's factory[15] Compensation and Non-current Assets - The company has received a total of RMB 44,150.00 million in compensation for land acquisition as part of a project[14] - The company has a total of 973,111,588.00 in non-current assets, up from 888,226,721.83 at the beginning of the year[18]