百洋股份(002696) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥613,254,257.29, representing a 32.29% increase compared to ¥463,583,322.45 in the same period last year[3] - The net profit attributable to shareholders was ¥6,630,172.84, a significant turnaround from a loss of ¥13,670,732.52, marking an increase of 148.50%[3] - The net profit for the current period was ¥5,659,756.05, a turnaround from a net loss of ¥12,265,517.33 in the previous period[19] - The operating profit for the current period was ¥7,393,865.50, compared to an operating loss of ¥13,716,870.33 in the prior period[19] - The company achieved a basic earnings per share of ¥0.02, recovering from a loss of ¥0.04 per share in the previous period[19] Cash Flow - The net cash flow from operating activities was ¥18,347,079.91, up 159.31% from a negative cash flow of ¥30,935,812.28 in the previous year[3] - Cash flow from operating activities generated a net cash inflow of ¥18,347,079.91, improving from a net outflow of ¥30,935,812.28 in the previous period[22] - The company reported a significant increase in cash received from sales, totaling ¥687,780,204.76, compared to ¥480,436,527.91 in the prior period[22] - The total cash flow from financing activities increased to ¥120,472,848.91, compared to ¥2,798,080.41 in the previous period, reflecting improved financing conditions[23] Assets and Liabilities - The company's total assets increased by 3.48% to ¥2,829,873,190.79 from ¥2,734,832,347.48 at the end of the previous year[3] - The total assets of Baiyang Industrial Investment Group reached CNY 2,829,873,190.79 as of March 31, 2022, an increase from CNY 2,734,832,347.48 at the beginning of the year, reflecting a growth of approximately 3.5%[16] - Current liabilities rose to CNY 956,021,211.86 from CNY 865,147,709.80, marking an increase of approximately 10.5%[15] - The total liabilities of the company amounted to CNY 1,375,863,392.09, up from CNY 1,286,482,304.83, reflecting a growth of about 6.9%[15] - The equity attributable to the owners of the parent company was CNY 1,371,758,301.17, a slight increase from CNY 1,365,128,128.33, indicating a growth of approximately 0.5%[16] Operational Costs and Expenses - The company's gross profit margin increased due to higher sales of food and feed products, contributing to a 31.74% rise in operating costs to ¥55,540,42[7] - Total operating costs amounted to ¥614,826,236.13, up 28.5% from ¥478,398,792.96 in the prior period[18] - The company's marketing expenses increased by 30.04% to ¥12,699,000, attributed to the expansion of its marketing team[7] - Research and development expenses decreased to ¥150,763.50 from ¥361,209.66 in the previous period, indicating a focus on cost management[18] Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥12,378.74 million, up 528.80% from the previous year[8] - Cash and cash equivalents at the end of the period totaled ¥292,016,837.87, compared to ¥383,747,480.31 at the end of the previous period[23] - The company’s cash and cash equivalents increased to CNY 373,335,837.87 from CNY 249,548,435.33, representing a growth of about 49.7%[13] Inventory and Receivables - Accounts receivable decreased slightly to CNY 615,658,740.71 from CNY 656,063,501.67, indicating a decline of approximately 6.1%[13] - Inventory increased to CNY 405,945,609.26 from CNY 398,284,785.38, showing a growth of about 1.7%[14] Investments - The company experienced a 65.09% increase in construction in progress, totaling ¥24,274,300, primarily due to increased prepayments for engineering costs[6] - The long-term investments slightly decreased to CNY 191,985,742.47 from CNY 192,140,296.94, indicating a decline of about 0.1%[14]