龙洲股份(002682) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥853,168,257.94, a decrease of 0.49% compared to ¥857,330,411.77 in the same period last year[5] - The net profit attributable to shareholders was -¥18,876,408.43, representing a decline of 246.17% from ¥12,914,341.44 in the previous year[5] - The net profit for Q1 2022 was a loss of CNY 24,204,675.95, compared to a profit of CNY 19,599,879.18 in Q1 2021[24] - The company's diluted earnings per share for Q1 2022 was -¥0.03, a decrease of 250.00% compared to ¥0.02 in the same period last year[5] - Basic and diluted earnings per share for Q1 2022 were both -0.03, compared to 0.02 in Q1 2021[24] Cash Flow - The net cash flow from operating activities increased by 133.28% to ¥270,789,456.45, compared to ¥116,077,117.75 in the same period last year[5] - The cash inflow from operating activities amounted to CNY 1,702,178,795.38, an increase of 13.5% compared to CNY 1,499,508,024.94 in the previous period[27] - The cash flow from sales of goods and services was CNY 1,584,480,943.30, up 22.6% from CNY 1,291,814,915.41 in the previous period[27] - The company reported a total cash outflow for operating activities of CNY 1,431,389,338.93, slightly higher than CNY 1,383,430,907.19 in the previous period[27] - The net cash flow from financing activities was CNY 38,980,303.78, recovering from a negative cash flow of CNY 97,924,081.53 in the previous period[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,579,783,885.54, down 1.68% from ¥7,709,133,977.74 at the end of the previous year[5] - Total liabilities increased to CNY 5,303,516,818.57, compared to CNY 5,382,425,220.24 in the previous year, indicating a decrease of 1.46%[20] - The total equity attributable to shareholders decreased by 2.29% to ¥1,899,478,210.32 from ¥1,944,075,487.43 at the end of the previous year[5] Shareholder Information - The total number of common shareholders at the end of the reporting period is 57,406[14] - The largest shareholder, Fujian Longyan Transportation State-owned Assets Investment Management Co., Ltd., holds 25.71% of shares, totaling 144,582,815 shares[14] - The top ten shareholders hold a significant portion of shares, with the first three shareholders alone accounting for over 30% of total shares[14] - The company has a diverse shareholder base, including state-owned enterprises and various asset management plans, indicating a stable investment structure[15] Operational Costs and Expenses - Total operating costs increased to CNY 910,778,607.66, up 3.14% from CNY 880,622,724.62 in the previous year[23] - The gross profit margin decreased due to rising costs in the supply chain for asphalt and other commodities, as well as delays in the automotive manufacturing and sales market[11] - Research and development expenses rose to CNY 7,600,007.03, an increase of 27.6% from CNY 5,953,500.04 in Q1 2021[23] Other Financial Metrics - The company reported a gross profit margin of approximately -6.7% for Q1 2022, down from a positive margin in the previous year[23] - The company received a government subsidy of ¥31,063,000.00 related to new energy vehicles, contributing to the increase in cash flow from operating activities[11] - The company experienced a significant reduction in accounts receivable financing, decreasing by 82.58% to ¥1,710,000.00, primarily due to a reduction in discounted notes[9] Inventory and Receivables - Accounts receivable decreased to ¥718,833,017.87 from ¥971,676,340.62, a decline of about 26%[17] - Inventory increased to ¥400,002,982.56 from ¥255,913,539.14, reflecting a rise of approximately 56.3%[17] - The total amount of other receivables decreased significantly from ¥488,307,119.13 to ¥202,765,554.35, a reduction of about 58.5%[17] Equity Transfer and Negotiations - The company plans to transfer 51% equity of Dongguan Zhongqi Hongyuan Automobile Co., Ltd. for a consideration of ¥21,420.00 million, although the transfer has not yet been completed[16] - The company is actively negotiating to resolve the equity transfer agreement with Shenzhen Kangmeite Technology Co., Ltd. due to legal issues affecting the latter's representative[16] Audit Information - The company did not conduct an audit for the first quarter report[29]