协鑫集成(002506) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 1,291,035,982.97, representing a 20.39% increase compared to CNY 1,072,364,216.23 in the same period last year[5]. - Net profit attributable to shareholders was CNY 21,792,166.56, a significant turnaround from a net loss of CNY 89,779,622.47, marking a 124.27% improvement[5]. - Basic earnings per share improved to CNY 0.004 from a loss of CNY 0.015, reflecting a 126.67% increase[5]. - The net loss attributable to the parent company was ¥-8,094,435,776.53, slightly improved from ¥-8,116,227,943.09 in the previous year[37]. - The net profit for the first quarter was CNY 23,552,531.29, a significant recovery from a net loss of CNY -84,325,175.24 in the previous period[44]. - The total profit amounted to CNY 25,810,206.80, compared to a loss of CNY -80,969,830.49 in the same period last year[44]. - Operating profit reached CNY 24,067,346.53, a recovery from a loss of CNY -81,043,235.17 in the previous year[44]. - The company reported a comprehensive income total of CNY 18,422,382.10, improving from a comprehensive loss of CNY -85,210,892.03 in the prior year[47]. Cash Flow - The net cash flow from operating activities increased by 146.45% to CNY 116,455,838.97, compared to a negative cash flow of CNY 250,735,632.04 in the previous year[5]. - Cash flow from operating activities generated a net inflow of CNY 116,455,838.97, a turnaround from a net outflow of CNY -250,735,632.04 in the previous year[51]. - Cash flow from investing activities resulted in a net outflow of CNY -185,241,806.47, compared to a net inflow of CNY 168,125,262.16 in the same period last year[54]. - Cash flow from financing activities showed a net outflow of CNY -205,598,540.45, improving from a net outflow of CNY -928,531,051.19 in the previous year[54]. - The company’s cash and cash equivalents at the end of the period were CNY 810,218,125.19, down from CNY 1,600,928,031.88 at the end of the previous year[54]. Assets and Liabilities - Total assets decreased by 4.67% to CNY 8,866,082,804.75 from CNY 9,299,996,803.29 at the end of the previous year[7]. - The company reported a total current assets of RMB 5,127,781,734.94 as of March 31, 2022, down from RMB 5,472,937,216.37 at the beginning of the year, indicating a decrease of approximately 6.3%[30]. - Total liabilities decreased to ¥6,494,374,522.13 from ¥6,947,745,544.90, a reduction of 6.5%[37]. - The company’s total equity increased slightly to ¥2,371,708,282.62 from ¥2,352,251,258.39, reflecting a growth of 0.8%[37]. Expenses - Total operating costs amounted to ¥1,383,205,205.80, up 24.5% from ¥1,111,180,275.07 in the same period last year[41]. - Research and development expenses rose by 63.83% compared to the previous year, indicating increased investment in R&D projects[13]. - Research and development expenses were ¥22,759,603.52, significantly higher than ¥13,892,513.25 in the previous year, reflecting a 63.9% increase[41]. - The company reported a significant increase in sales expenses to ¥21,355,498.05 from ¥15,476,407.08, marking a 37.5% rise[41]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 202,718, with the top ten shareholders holding a combined 48.61% of the shares[15]. - The controlling shareholder, GCL-Poly Energy Holdings Limited, has pledged approximately 96.78% of its shares, totaling about 451,030,304 shares, which represents 7.71% of the company's total share capital[26]. Government Support and Investments - The company received government subsidies amounting to CNY 63,418,635.91, contributing to a 1761.43% increase in other income compared to last year[13]. - The company plans to establish a private equity investment fund with a total subscription scale of RMB 100 million, with its subsidiary contributing RMB 10 million, accounting for 10% of the total[23]. - The company’s total liabilities and equity structure will be further optimized through the establishment of the investment fund, enhancing overall competitiveness and profitability[23]. Inventory and Receivables - The company’s inventory increased to RMB 1,002,376,917.75 from RMB 933,764,664.44, showing an increase of approximately 7.4%[30]. - Accounts receivable amounted to RMB 658,322,276.57, down from RMB 729,073,070.08, representing a decrease of approximately 9.7%[30]. - The company’s total receivables from interest increased to RMB 50,763,682.64 from RMB 24,432,497.50, indicating a significant rise of approximately 107.5%[30]. Fund Management - The company has returned all raised funds originally intended for temporary working capital back to the designated account[24]. - The company approved the use of up to RMB 35 million of idle raised funds for temporary working capital, with a repayment period not exceeding 12 months[24].