青龙管业(002457) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥297,979,594.61, representing a 26.77% increase compared to ¥235,057,288.70 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥2,034,978.72, a decrease of 134.53% from a profit of ¥5,893,040.97 in the previous year[3] - The total profit decreased by 139.20% year-on-year, attributed to increased period expenses and a decline in gross profit[8] - Total operating revenue for Q1 2022 was CNY 298,471,601.32, an increase of 26.4% compared to CNY 235,974,242.84 in Q1 2021[18] - Net profit for Q1 2022 was a loss of CNY 2,985,627.53, compared to a profit of CNY 6,298,829.93 in Q1 2021, representing a significant decline[19] - Operating profit for Q1 2022 was a loss of CNY 2,384,427.90, down from a profit of CNY 6,836,613.95 in the same period last year[19] Cash Flow - The net cash flow from operating activities improved by 17.02%, amounting to -¥237,546,294.56 compared to -¥286,255,781.14 in the same period last year[3] - The cash inflow from operating activities for Q1 2022 was CNY 612,339,601.89, compared to CNY 303,045,370.89 in Q1 2021, representing an increase of 102.1%[22] - The net cash outflow from operating activities was CNY -237,546,294.56, an improvement from CNY -286,255,781.14 in the same period last year[22] - The company reported a total cash outflow from operating activities of CNY 849,885,896.45, compared to CNY 589,301,152.03 in Q1 2021, an increase of 44.3%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,796,432,219.58, down 5.50% from ¥4,017,526,464.33 at the end of the previous year[3] - Total liabilities decreased to CNY 1,469,686,281.46 in Q1 2022 from CNY 1,685,406,119.40 in Q1 2021, a reduction of approximately 12.8%[16] - The company reported a total current asset of 2,693,767,318.52, down from 2,883,053,870.58, a decrease of about 6.6%[14] - The company's total assets were CNY 3,796,432,219.58 in Q1 2022, down from CNY 4,017,526,464.33 in Q1 2021, indicating a decrease of approximately 5.5%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 61,694[10] - Ningxia Qinglong Investment Holding Co., Ltd. holds 21.28% of shares, totaling 71,300,654 shares[10] - The company has a total of 1,505,200 shares held in the repurchase account, ranking sixth among all shareholders[11] - The top ten shareholders include both individual and institutional investors, with significant stakes held by Ningxia Qinglong Investment Holding Co., Ltd. and Chen Jiaxing[10] Expenses - Research and development expenses increased by 51.91% compared to the same period last year, indicating a significant investment in new product development[7] - The company's financial expenses rose by 38.30% year-on-year, primarily due to an increase in working capital loans[7] - The company reported a total operating cost of CNY 290,122,675.19 in Q1 2022, an increase of 35.4% from CNY 214,092,010.26 in Q1 2021[18] - The company reported a 60.88% increase in selling expenses, correlating with the rise in operating revenue[7] Investment Activities - The investment income surged by 311.89% compared to the previous year, reflecting improved returns from financial asset investments[7] - The cash inflow from investment activities was CNY 112,238,413.73, significantly higher than CNY 7,572,334.61 in Q1 2021, marking an increase of 1,384.5%[22] - The net cash flow from investment activities was CNY 94,721,854.98, compared to CNY -56,336,193.38 in the previous year, indicating a positive turnaround[22] Other Information - The company did not conduct an audit for the Q1 2022 report[24] - Basic and diluted earnings per share for Q1 2022 were both CNY -0.0061, compared to CNY 0.0176 in Q1 2021, reflecting a negative shift in profitability[19] - The company's cash and cash equivalents decreased from 341,520,978.50 to 198,555,011.89, a decline of approximately 42%[13] - Accounts receivable decreased from 1,324,190,392.48 to 1,245,484,482.04, a reduction of about 6%[13] - Inventory increased from 742,958,064.04 to 882,684,914.28, an increase of approximately 19%[14] - Short-term borrowings decreased from 493,833,974.66 to 431,322,440.40, a reduction of approximately 13%[14] - The ending balance of cash and cash equivalents was CNY 180,411,072.89, down from CNY 265,818,206.69 at the end of Q1 2021[23]