万和电气(002543) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,219,637,932.37, representing a 5.00% increase compared to ¥2,114,013,863.17 in the same period last year[4] - Net profit attributable to shareholders was ¥158,820,856.38, up 2.87% from ¥154,391,741.92 year-on-year[4] - Total operating revenue for the current period reached ¥2,219,637,932.37, an increase of 5.0% compared to ¥2,114,013,863.17 in the previous period[30] - Net profit for the current period was ¥158,973,827.93, representing an increase of 3.8% from ¥153,990,432.53 in the previous period[33] - Earnings per share remained stable at ¥0.21 for both the current and previous periods[36] Cash Flow - The net cash flow from operating activities decreased by 138.46%, resulting in a negative cash flow of ¥55,078,724.94 compared to a positive cash flow of ¥143,208,298.08 in the previous year[4] - The company reported a net cash inflow from operating activities of ¥1,524,950,502.56, compared to ¥1,564,710,279.84 in the previous period, a decline of 2.5%[38] - The net cash inflow from operating activities was -55,078,724.94, a decrease from 143,208,298.08 in the previous period[41] - Cash inflow from financing activities amounted to 53,224,100.00, down from 294,754,000.00 in the previous period, leading to a net cash flow of -44,963,229.62[44] - The cash received from operating activities totaled 1,686,846,687.38, down from 1,831,050,855.48 in the previous period[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,873,637,148.68, down 3.13% from ¥8,127,736,179.56 at the end of the previous year[4] - Current assets totaled RMB 4,409,103,170.10, a decrease of 4.85% from RMB 4,633,332,880.08 at the beginning of the year[22] - Total liabilities decreased to ¥3,704,315,240.16 from ¥4,117,092,582.51, a reduction of approximately 10.0%[28] - Total current liabilities decreased to RMB 3,421,487,018.05 from RMB 3,830,423,367.03, a decline of approximately 10.7%[25] - Total equity increased to ¥4,169,321,908.52 from ¥4,010,643,597.05, marking a growth of about 3.9%[28] Expenses - Total operating costs amounted to ¥2,009,732,799.66, up from ¥1,904,321,715.22, reflecting a growth of 5.5%[30] - Sales expenses grew by 41.78% year-on-year, driven by increased domestic sales and marketing expenses[9] - Financial expenses surged by 180.75% compared to the previous year, mainly due to increased exchange losses from currency fluctuations[9] - Research and development expenses were ¥49,336,806.07, slightly down from ¥50,324,337.94, indicating a decrease of 2.0%[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,679, with the largest shareholder holding 29.66% of the shares[13] - The top shareholder, Guangdong Shuo De Investment Development Co., Ltd., holds 220,545,000 shares, representing a significant portion of the company's equity[17] Legal Matters - The company reported a significant arbitration case involving a total amount of RMB 210,410,958.90 related to a dispute with Guangzhou Kailong Real Estate Co., Ltd.[18] - The company has ongoing litigation involving a total claim of RMB 25,176,340.36 against multiple real estate companies, with the case yet to be heard[19] - The company is actively involved in legal proceedings that may impact its financial position, with multiple cases pending resolution[19] Inventory and Receivables - Accounts receivable increased by 39.81% compared to the beginning of the period, primarily due to increased sales using credit policies[8] - Accounts receivable increased significantly to RMB 1,217,784,882.63, up from RMB 871,010,619.82, reflecting a growth of approximately 39.8%[22] - Inventory decreased to RMB 1,160,954,526.80 from RMB 1,515,548,700.28, indicating a reduction of about 23.4%[22]