南方精工(002553) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 133,700,398.28, representing a 1.80% increase compared to CNY 131,340,860.16 in the same period last year[2] - Net profit attributable to shareholders decreased by 31.00% to CNY 15,608,390.33 from CNY 22,621,815.35 year-on-year[2] - The total operating revenue for Q1 2022 was CNY 133,700,398.28, an increase of 1.03% compared to CNY 131,340,860.16 in Q1 2021[17] - The net profit for Q1 2022 was CNY 12,472,317.24, a decrease of 42.73% from CNY 21,824,303.84 in Q1 2021[18] - The weighted average return on equity decreased to 1.29% from 2.14% year-on-year[2] - The total operating costs for Q1 2022 were CNY 120,721,230.81, up 14.06% from CNY 105,873,471.33 in the same period last year[17] - The basic earnings per share for Q1 2022 were CNY 0.0449, down from CNY 0.0650 in Q1 2021[18] Cash Flow and Assets - The net cash flow from operating activities increased by 4.31% to CNY 21,239,997.32 compared to CNY 20,363,028.04 in the previous year[2] - The cash flow from operating activities for Q1 2022 was CNY 144,725,243.33, compared to CNY 142,120,459.55 in Q1 2021[19] - The total cash inflow from investment activities was ¥2,660,639,729.76, significantly higher than ¥106,843,340.05 in the same period last year[20] - The net cash flow from investment activities was ¥133,663,251.48, a recovery from a negative cash flow of ¥7,303,399.81 in Q1 2021[20] - The cash and cash equivalents at the end of Q1 2022 amounted to ¥252,774,720.93, compared to ¥163,516,558.76 at the end of Q1 2021, indicating a year-over-year increase of approximately 54.5%[21] - The company's net increase in cash and cash equivalents for Q1 2022 was ¥153,495,861.41, compared to an increase of ¥13,636,100.57 in Q1 2021, showing a substantial improvement[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,254[9] - The largest shareholder, Shi Jianwei, holds 39.60% of the shares, amounting to 137,800,000 shares[9] - The top ten shareholders include several private equity funds, indicating a diverse ownership structure[10] Company Strategy and Development - The company has expanded its product offerings from single bearing products to include clutches, pulleys, and various precision components[12] - The company plans to further develop its presence in the new energy vehicle and industrial robot sectors, expanding its application fields[12] - The company has changed its name from "Jiangsu Southern Bearing Co., Ltd." to "Jiangsu Southern Precision Engineering Co., Ltd." to better align with its business strategy[12] - The company completed the registration of its name change and business scope on April 20, 2022, aligning with its strategic goals[11] Financial Position - Total assets at the end of the reporting period were CNY 1,437,472,149.88, down 2.59% from CNY 1,475,650,331.04 at the end of the previous year[2] - The total assets as of the end of Q1 2022 were CNY 1,437,472,149.88, a slight decrease from CNY 1,475,650,331.04 at the end of the previous quarter[16] - The total liabilities for Q1 2022 were CNY 171,560,714.03, down from CNY 221,191,271.63 in the previous quarter[16] - The company’s total equity as of the end of Q1 2022 was CNY 1,265,911,435.85, an increase from CNY 1,254,459,059.41 at the end of the previous quarter[16] Expenses and Financial Changes - Cash and cash equivalents increased by 143.21% to CNY 252,774,720.93 due to the recovery of maturing financial products[6] - The company reported a 337.62% increase in financial expenses, primarily due to foreign exchange losses[6] - Other income decreased by 41.11% to CNY 553,839.50, attributed to a reduction in government subsidies received[6] - Investment income dropped by 69.10% to CNY 566,034.11, mainly due to decreased returns from financial products[6] - The cash paid to employees increased to ¥46,175,458.29 from ¥32,783,514.10, reflecting a rise of approximately 40.7% year-over-year[20] - The company reported a decrease in accounts payable from CNY 85,220,620.64 in the previous quarter to CNY 66,659,342.78 in Q1 2022[16]