奥瑞金(002701) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 3,437,415,325, representing a year-on-year increase of 3.71% compared to CNY 3,314,375,263 in the previous year[6]. - The net profit attributable to shareholders decreased by 28.97% to CNY 206,215,072 from CNY 290,302,694 in the same period last year[6]. - The company reported a decrease in total profit by 32.61% year-on-year, primarily due to market and raw material price fluctuations[14]. - Net profit for the quarter was CNY 207,533,918, a decrease of 29.4% from CNY 293,948,159 in the previous year[34]. - Total operating costs rose to CNY 3,223,463,824, up 8.4% from CNY 2,974,759,121 in the same period last year[34]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 177,347,069, a decline of 147.90% compared to a positive CNY 370,252,201 in the previous year[6]. - The company reported a net cash outflow from operating activities of CNY -177,347,069, compared to a net inflow of CNY 370,252,201 in the same period last year[38]. - The company's cash and cash equivalents amounted to CNY 1,442,178,116, up from CNY 941,859,534 at the beginning of the year[27]. - Cash and cash equivalents at the end of the period totaled CNY 1,334,395,314, up from CNY 1,265,995,955 at the end of the previous year[38]. Assets and Liabilities - The total assets of the company increased by 6.54% to CNY 17,745,589,430 from CNY 16,656,763,895 at the end of the previous year[8]. - The company’s total liabilities increased to CNY 9,307,308,584, up from CNY 8,896,888,190 in the previous year[34]. - The total current liabilities of the company was CNY 6,000,000,000, reflecting a significant increase in operational obligations[27]. - The company has a significant amount of long-term investments, totaling CNY 2,685,217,216, which shows a commitment to growth[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 52,577, indicating a stable shareholder base[15]. - The top shareholder, Shanghai Yuanlong Investment Holdings, holds 889,257,092 shares, representing 34.56% of the total shares[21]. - Total equity attributable to shareholders of the parent company rose to CNY 8,238,914,722, compared to CNY 7,558,757,203 in the previous year[34]. Research and Development - Research and development expenses increased by 65.26% year-on-year, indicating a significant investment in new projects[14]. - Research and development expenses increased to CNY 10,375,378, compared to CNY 6,278,355 in the previous year, reflecting a focus on innovation[34]. Financing Activities - The net cash flow from financing activities was CNY 839,000,000, a significant increase from CNY 49,000,000 in the same period last year, indicating strong financing activities[14]. - The company plans to redeem its convertible bonds early, which may impact its cash flow and capital structure[24]. Market Presence and Strategy - The company completed the acquisition of 100% equity in Hong Kong Jing Shun Investment Holdings Limited, which holds the Jamestrong group, enhancing its market presence[9]. - The company did not report any new product launches or significant market expansions during the quarter[41]. Profitability Metrics - The weighted average return on net assets decreased to 2.69% from 4.06% at the end of the previous year, reflecting a decline in profitability[8]. - The company's financial expenses decreased to CNY 76,656,319 from CNY 101,184,892 in the previous year, indicating improved cost management[34].