永东股份(002753) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥848,546,002.47, representing a 1.15% increase compared to ¥838,924,372.90 in the same period last year[3] - Net profit attributable to shareholders decreased by 91.91% to ¥10,557,326.71 from ¥130,471,616.15 year-on-year[3] - Basic earnings per share dropped by 91.91% to ¥0.0281 from ¥0.3475 in the same period last year[3] - Operating profit for Q1 2022 was CNY 12,331,091.55, down from CNY 157,438,665.43 in the same period last year, reflecting a decline of 92.2%[18] - The company reported a total comprehensive income of CNY 9,486,645.30 for Q1 2022, significantly lower than CNY 130,167,344.44 in Q1 2021, reflecting a decline of 92.7%[19] Cash Flow - The net cash flow from operating activities was negative at -¥37,645,656.02, a decline of 258.76% compared to ¥23,712,564.29 in the previous year[3] - The net cash flow from operating activities in Q1 2022 was negative at CNY -37,645,656.02, contrasting with a positive cash flow of CNY 23,712,564.29 in Q1 2021[22] - Investment activities generated a net cash flow of CNY 17,517,795.95 in Q1 2022, down from CNY 59,148,791.54 in the previous year, a decrease of 70.4%[22] Operating Costs - The company reported a 26% increase in operating costs, amounting to ¥803,356,274.65, primarily due to rising raw material oil prices[7] - Total operating costs for Q1 2022 amounted to CNY 841,161,914.58, significantly higher than CNY 675,240,667.27 in Q1 2021, reflecting an increase of about 24.5%[17] Assets and Liabilities - Total assets increased by 0.54% to ¥2,861,323,214.80 from ¥2,846,075,345.23 at the end of the previous year[3] - Total assets as of March 31, 2022, were CNY 2,861,323,214.80, compared to CNY 2,846,075,345.23 at the beginning of the year, indicating a growth of approximately 0.53%[15] - Total liabilities increased to CNY 634,485,843.78 from CNY 629,017,620.32, representing a rise of about 0.75%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,083[9] - The largest shareholder, Liu Dongliang, holds 25.84% of the shares, with 72,773,437 shares pledged[9] Other Financial Metrics - The company's cash and cash equivalents at the end of Q1 2022 were CNY 172,709,173.43, up from CNY 164,258,412.27 at the beginning of the year, indicating a growth of approximately 2.8%[13] - Accounts receivable decreased to CNY 667,951,258.81 from CNY 672,359,891.69, showing a reduction of about 0.3%[13] - Inventory increased to CNY 438,986,958.66 from CNY 347,096,959.14, marking a rise of approximately 26.4%[13] - Short-term borrowings rose to CNY 102,114,005.56 from CNY 50,063,119.32, reflecting an increase of about 104.1%[14] - The company incurred interest expenses of CNY 6,168,913.59 in Q1 2022, compared to CNY 5,555,085.83 in Q1 2021, an increase of 11%[18] - The company reported a significant increase in investment income from joint ventures, which rose to CNY 7,273,856.65 in Q1 2022 from CNY 2,386,006.07 in Q1 2021, an increase of 205.5%[18] Market Strategy - The company continues to focus on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[12]