蓝丰生化(002513) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 438,930,890.48, representing a 31.54% increase compared to CNY 333,685,157.13 in the same period last year[2]. - The net profit attributable to shareholders decreased by 28.67% to CNY 881,027.16 from CNY 1,235,069.65 year-on-year[2]. - The company's basic earnings per share fell by 25.00% to CNY 0.003 from CNY 0.004 year-on-year[2]. - Total operating revenue for Q1 2022 was CNY 438,930,890.48, an increase of 31.6% compared to CNY 333,685,157.13 in Q1 2021[17]. - Net profit for Q1 2022 was CNY 881,027.16, a decrease of 28.7% from CNY 1,235,069.65 in Q1 2021[18]. - Earnings per share for Q1 2022 were CNY 0.003, down from CNY 0.004 in Q1 2021[18]. Cash Flow and Liquidity - The net cash flow from operating activities dropped by 73.10% to CNY 4,558,700.20, down from CNY 16,943,743.63 in the previous year[2]. - The company reported a decrease in cash and cash equivalents, reflecting a cash flow challenge in the current quarter[19]. - The net cash flow from operating activities for Q1 2022 was ¥4,558,700.20, a decrease of 73.9% compared to ¥16,943,743.63 in Q1 2021[20]. - Total cash inflow from operating activities was ¥379,373,278.61, compared to ¥372,491,238.24 in the previous year, reflecting a slight increase of 1.9%[20]. - Cash outflow from operating activities totaled ¥374,814,578.41, up 5.4% from ¥355,547,494.61 in Q1 2021[20]. - The ending balance of cash and cash equivalents was ¥65,554,509.09, compared to ¥189,769,647.30 at the end of Q1 2021, indicating a decrease of 65.5%[21]. - The company reported a cash inflow of ¥18,247,880.94 from tax refunds, up 26.5% from ¥14,467,953.64 in Q1 2021[20]. - The company’s cash outflow for employee payments was ¥43,721,050.39, an increase of 40.9% compared to ¥31,016,023.81 in Q1 2021[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,634,390,460.62, a decrease of 5.41% from CNY 1,727,949,962.51 at the end of the previous year[2]. - The company’s total liabilities decreased by 5.41% compared to the previous year, reflecting a strategic focus on reducing debt levels[2]. - Total liabilities as of the end of Q1 2022 were CNY 966,055,166.99, down from CNY 1,061,312,988.31 in Q1 2021[15]. - The total current assets decreased to ¥472,430,661.18 from ¥546,039,989.40, a reduction of approximately 13.5%[13]. Research and Development - Research and development expenses decreased by 65.08% compared to the previous year, primarily due to increased capitalization of new project expenditures[8]. - Research and development expenses for Q1 2022 were CNY 1,156,239.90, significantly lower than CNY 3,310,862.46 in Q1 2021, indicating a reduction in investment in innovation[17]. - The company experienced a 100% increase in development expenditures compared to the beginning of the year, attributed to new R&D projects initiated this year[8]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,030[9]. - The largest shareholder, Jiangsu Suhua Group, holds 10.10% of shares, totaling 34,334,137 shares[9]. - The company approved a restricted stock incentive plan, granting 33.85 million shares at a price of ¥3.00 per share, increasing total shares from 340,086,278 to 373,936,278[12]. Investments and Subsidiaries - The company established a wholly-owned subsidiary, Jiangsu Lanfeng Crop Technology Co., Ltd., with a registered capital of ¥20 million[10]. - A joint venture was formed with Chongqing Shenggan New Material Technology Co., Ltd., with a total registered capital of ¥50 million, where Lanfeng New Materials contributed ¥40 million[11]. Government Support - The company received government subsidies amounting to CNY 469,250.00, which are closely related to its normal business operations[3]. Inventory and Receivables - Accounts receivable rose to ¥78,859,371.59 from ¥77,718,926.45, indicating a slight increase of about 1.5%[13]. - Inventory decreased to ¥105,012,723.09 from ¥132,696,240.18, reflecting a decline of approximately 20.9%[13]. - The company reported a significant amount of other receivables at ¥125,640,255.78, down from ¥187,036,041.54, indicating a decrease of about 32.8%[13].