APALT(SZ:002540)2022-04-25 16:00Revenue and Profit - Revenue for Q1 2022 reached ¥1,546,354,530.74, an increase of 17.06% compared to ¥1,321,010,687.20 in the same period last year[4] - Net profit attributable to shareholders was ¥83,377,242.99, a decrease of 7.54% from ¥90,176,532.37 year-on-year[4] - The company achieved operating revenue of CNY 154,635.45 million, a year-on-year increase of 17.06%[15] - The net profit attributable to shareholders was CNY 8,337.72 million, a year-on-year decrease of 7.54%[15] - Net profit for the current period was ¥83,388,825.74, a decrease of 7.5% from ¥90,176,051.11 in the previous period[28] - The total comprehensive income attributable to the parent company's owners was 83,331,423.99, compared to 90,252,488.70 in the previous period, reflecting a decrease of approximately 7.5%[32] Cash Flow - Net cash flow from operating activities improved by 27.37%, reaching -¥201,926,242.75 compared to -¥278,039,192.14 in Q1 2021[10] - Cash inflow from operating activities totaled 1,453,879,987.48, an increase from 1,140,704,088.13 in the previous period, representing a growth of approximately 27.4%[33] - The net cash flow from operating activities was -201,926,242.75, an improvement from -278,039,192.14 in the previous period[36] - Cash inflow from investment activities was 1,607,623,584.88, significantly higher than 766,909,880.05 in the previous period, marking an increase of about 109.0%[36] - The net cash flow from investment activities was 216,920,743.64, compared to 70,368,317.53 in the previous period, showing an increase of approximately 208.5%[36] - The net cash flow from financing activities was 18,160,367.85, down from 32,881,585.00 in the previous period, indicating a decrease of about 44.9%[39] Assets and Liabilities - Total assets increased by 5.95% to ¥6,216,324,296.59 from ¥5,866,961,154.70 at the end of the previous year[4] - Total liabilities rose to ¥1,107,112,642.58, compared to ¥842,981,285.08 in the previous period, indicating a significant increase of 31.4%[24] - The company's equity attributable to shareholders reached ¥5,100,268,567.37, up from ¥5,015,048,365.73, marking a growth of 1.7%[24] - The current ratio of total current liabilities was ¥838,174,076.92, compared to ¥772,339,613.10 in the previous period, reflecting an increase of 8.5%[24] Expenses - Total operating costs amounted to ¥1,453,774,188.91, up 19.8% from ¥1,213,557,751.32 in the previous period[25] - Research and development expenses increased to ¥52,069,740.63, compared to ¥42,990,592.68 in the previous period, reflecting a growth of 21.5%[28] - The company reported a decrease in sales expenses to ¥6,435,798.38 from ¥18,573,549.48, a reduction of 65.3%[28] Production and Sales - The production volume of high-performance aluminum extrusions was 56,500 tons, a year-on-year decrease of 2.78%[15] - The sales volume of high-performance aluminum extrusions was 53,700 tons, a year-on-year decrease of 2.83%[15] - The company is advancing a 65,000 tons annual production project for aluminum materials for new energy vehicles, with customer certification and capacity release ongoing[15] - The company is also progressing a 40,000 tons lightweight environmentally friendly aluminum alloy project, with production and sales continuously improving[15] Other Financial Metrics - Basic earnings per share decreased by 7.43% to ¥0.0673 from ¥0.0727 in the same period last year[4] - The weighted average return on equity was 1.65%, down from 1.93% year-on-year[4] - Other income decreased by 31.42% to ¥1,633,981.89, primarily due to a reduction in government subsidies[7] - The cash and cash equivalents at the end of the period were CNY 678,870,727.54, compared to CNY 647,532,878.45 at the beginning of the year[18] - The total current assets amounted to CNY 4,008,621,360.78, an increase from CNY 3,695,027,631.35 at the beginning of the year[18] - The company reported accounts receivable of CNY 1,445,836,076.92, slightly down from CNY 1,461,298,812.97 at the beginning of the year[18] Strategic Focus - The company is focusing on sustainable development and adapting to changes in the production and operational environment[15] - The company experienced a 65.98% increase in prepaid expenses, attributed to supply chain disruptions caused by the pandemic[7] - Deferred income tax liabilities decreased slightly to ¥623,819.01 from ¥681,980.83, a decline of 8.5%[24]