齐峰新材(002521) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥838,156,273.10, a decrease of 4.99% compared to ¥882,131,914.03 in the same period last year[3] - Net profit attributable to shareholders was ¥20,556,100.93, down 77.18% from ¥90,068,019.32 year-on-year[3] - Basic and diluted earnings per share were both ¥0.04, representing a decrease of 77.78% from ¥0.18 in the same period last year[3] - Total operating revenue for the first quarter was ¥838,156,273.10, a decrease of 4.98% compared to ¥882,131,914.03 in the previous year[17] - Net profit for the quarter was ¥20,747,680.30, down 77% from ¥90,313,210.55 year-over-year[18] - The total comprehensive income for the first quarter was CNY 20,747,680.30, a decrease from CNY 90,313,210.55 in the previous year, representing a decline of approximately 77%[22] Cash Flow - The net cash flow from operating activities was -¥82,614,226.50, a decline of 172.82% compared to ¥113,447,971.64 in the previous year[3] - Cash flow from operating activities showed a net outflow of CNY -82,614,226.50, compared to a net inflow of CNY 113,447,971.64 in the previous year, reflecting a significant decline in operational cash generation[22] - Total cash outflow from operating activities was CNY 797,117,615.74, compared to CNY 679,510,027.79 in the previous year, indicating an increase of approximately 17.4%[22] - The company incurred cash payments for purchasing goods and services amounting to CNY 685,802,114.94, which is an increase from CNY 559,765,471.11 in the previous year, reflecting a rise of about 22.5%[22] - Cash inflow from investment activities was CNY 577,250,425.94, down from CNY 733,979,853.12 year-over-year, a decrease of approximately 21.4%[22] - The net cash flow from investment activities was CNY 26,648,105.80, a decrease of 85.3% compared to CNY 181,592,049.66 in the previous year[22] - The company’s financing activities resulted in a net cash outflow of CNY -4,493,975.01, slightly improved from CNY -4,572,338.36 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,856,761,979.87, down 4.18% from ¥5,068,836,654.52 at the end of the previous year[3] - The total liabilities decreased to ¥1,247,293,674.47 from ¥1,480,116,029.42, a decline of 15.7%[15] - The total assets decreased to ¥4,856,761,979.87 from ¥5,068,836,654.52, a reduction of 4.2%[15] - Cash and cash equivalents at the end of the period totaled CNY 334,598,077.44, down from CNY 611,708,657.00 at the end of the previous year, indicating a reduction of approximately 45.4%[23] - The company's cash and cash equivalents decreased to ¥454,106,229.22 from ¥549,678,350.74 at the beginning of the year, a decline of 17.4%[14] Operational Efficiency - The weighted average return on equity was 0.57%, down from 2.56% in the same period last year, a decrease of 1.99%[3] - The company plans to continue focusing on expanding its production capacity and improving operational efficiency in the upcoming quarters[3] - Total operating costs increased to ¥826,400,990.64, up 4.4% from ¥790,185,614.17 in the same period last year[17] - Accounts receivable decreased by 37.72% to ¥242,244,938.02, reflecting timely collections[7] - Accounts receivable decreased to ¥629,871,894.34 from ¥666,724,860.12, a reduction of 5.5%[14] - Inventory increased slightly to ¥512,580,072.91 from ¥505,308,168.51, reflecting a growth of 1.5%[14] Government Support and Other Income - The company received government subsidies amounting to ¥4,067,547.50 during the reporting period[5] - The company reported a significant increase in other income to ¥4,135,044.63 from ¥913,347.50, reflecting a growth of 352%[18] - Research and development expenses rose to ¥30,700,341.36, an increase of 7.5% compared to ¥28,505,633.93 in the previous year[18] - The company reported cash inflow from sales of goods and services of CNY 709,281,300.97, a decrease from CNY 790,398,536.85 in the previous year, representing a decline of about 10.3%[21] Construction and Renovation - The company reported a significant increase in construction in progress, rising 538.13% to ¥35,213,713.47 due to new production lines and workshop renovations[7]