东方精工(002611) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥636,006,580.11, a decrease of 0.07% compared to ¥636,432,223.23 in the same period last year[3] - Net profit attributable to shareholders was ¥37,109,411.15, down 42.58% from ¥64,628,103.90 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥45,662,017.31, a decrease of 12.14% compared to ¥51,969,185.59 in the previous year[3] - Basic earnings per share decreased by 25.00% to ¥0.03 from ¥0.04 year-on-year[5] - Operating profit for the current period is ¥53,801,323.56, a decrease of 36.7% compared to ¥85,109,007.71 in the previous period[33] - Net profit for the current period is ¥41,250,252.87, down 20.5% from ¥51,800,333.38 in the previous period[33] - The total comprehensive income for the period was 29,102,805.00 CNY, down from 56,852,782.71 CNY, indicating a decrease of about 48.9%[37] - Basic and diluted earnings per share were both 0.03 CNY, down from 0.04 CNY in the previous period, indicating a decrease of 25%[37] Cash Flow and Assets - The net cash flow from operating activities increased by 48.64% to ¥85,523,348.92 from ¥57,536,376.72 in the same period last year[3] - Cash and cash equivalents at the end of the reporting period amount to approximately CNY 1.604 billion, down from CNY 1.664 billion at the beginning of the year[21] - Cash flow from investment activities resulted in a net outflow of 2,853,044.36 CNY, contrasting with a net inflow of 506,133,874.10 CNY in the previous period[44] - Cash and cash equivalents at the end of the period totaled 1,343,008,606.61 CNY, up from 1,299,172,072.60 CNY, marking an increase of approximately 3.4%[44] - Operating cash flow from sales was 928,486,238.07 CNY, an increase from 731,987,863.56 CNY, reflecting a growth of approximately 26.8%[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,318,576,429.21, a decrease of 0.61% from ¥6,357,168,835.19 at the end of the previous year[5] - Total liabilities are ¥2,516,596,789.89, slightly up from ¥2,503,593,289.52 in the previous period[28] - The company's equity attributable to shareholders decreased by 1.49% to ¥3,627,044,948.10 from ¥3,681,970,298.39 at the end of the previous year[5] - The company’s deferred income tax assets increased to ¥184,016,299.68 from ¥180,245,522.94 in the previous period[28] Inventory and Orders - The company reported a significant increase in inventory by 16.47%, reaching ¥1,010,107,537.55 due to increased orders[8] - Contract liabilities rose by 48.36% to ¥602,121,242.89, reflecting an increase in orders[11] - Inventory increased to approximately CNY 1.010 billion from CNY 867 million at the beginning of the year[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 51,116[12] - The largest shareholder, Tang Zhuolin, holds 20.33% of shares, totaling 270,737,568 shares[12] - The company launched a restricted stock incentive plan for 2022, involving 3.3125 million shares, with an initial grant of 2.65 million shares, accounting for 0.20% of total share capital[16] - The company has a total of 331,250 shares repurchased from the secondary market for the incentive plan[16] Future Plans and Development - The company plans to spin off its subsidiary, Suzhou Baisheng Power Machinery Co., Ltd., for listing on the Growth Enterprise Market, aiming to enhance competitiveness and optimize governance[20] - The company aims to develop internationally competitive high-power and new energy outboard motor products[20] Expenses - Research and development expenses for the current period are ¥18,824,950.19, a decrease of 12.5% compared to ¥20,080,208.07 in the previous period[33] - The company reported a financial expense of -¥5,516,912.35, compared to -¥2,337,549.85 in the previous period, indicating an increase in financial costs[33] - The company paid 103,051,894.89 CNY in employee compensation, up from 83,351,684.73 CNY, reflecting an increase of approximately 23.6%[41] - The company received 15,645,068.29 CNY in tax refunds, an increase from 11,136,430.41 CNY, representing a growth of about 40.5%[41] Other Comprehensive Income - The company reported a decrease in other comprehensive income attributable to the parent company, amounting to -11,336,050.09 CNY compared to -12,100,243.92 CNY in the previous period[37]