万里石(002785) - 2022 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2022 was ¥270,673,127.74, representing a 21.02% increase compared to ¥223,654,755.50 in the same period last year[4] - Net profit attributable to shareholders decreased by 77.08% to ¥5,496,738.37 from ¥23,980,636.68 year-on-year[4] - Total operating revenue for the current period reached ¥270,673,127.74, an increase of 21.0% compared to ¥223,654,755.50 in the previous period[26] - Net profit for the current period was ¥5,302,320.21, a significant decrease of 77.2% from ¥23,243,643.44 in the previous period[29] - Operating profit decreased to ¥8,293,075.23, down 64.3% from ¥23,177,684.73 in the previous period[29] - The company reported a decrease in basic earnings per share to ¥0.0275 from ¥0.1199, a decline of 77.1%[29] - The total comprehensive income for the current period was ¥5,220,299.94, a decrease of 77.7% from ¥23,406,031.36 in the previous period[29] Cash Flow and Financing Activities - The net cash flow from operating activities improved significantly, reaching ¥1,543,636.60, a 104.85% increase from a negative cash flow of ¥31,811,058.08 in the previous year[4] - The company's cash flow from financing activities increased by 219.52%, reaching ¥6,353,323.73 compared to a negative cash flow of ¥5,315,484.58 in the previous year[11] - The net cash flow from financing activities was $6,353,323.73, a turnaround from -$5,315,484.58 in the previous period, showing improved financing conditions[37] - The cash inflow from obtaining loans was $21,348,200.00, compared to $51,498,972.90 in the previous period, indicating a decrease in borrowing[37] - Cash paid for debt repayment was $16,157,026.60, down from $53,658,389.65 in the previous period, reflecting a reduction in debt servicing[37] - Cash dividends and interest payments totaled $4,241,706.16, slightly down from $4,947,325.32 in the previous period, indicating stable dividend policy[37] Assets and Liabilities - The total assets as of March 31, 2022, were ¥1,286,763,360.22, down 4.83% from ¥1,352,034,394.21 at the end of the previous year[4] - The total current assets decreased from CNY 1,038,901,311.57 to CNY 964,529,213.02, a decline of approximately 7.15%[19] - Total liabilities decreased from CNY 721,774,239.00 to CNY 651,282,905.07, a decrease of about 9.73%[22] - The total equity attributable to shareholders increased from CNY 599,712,968.45 to CNY 605,170,156.72, an increase of approximately 0.76%[25] - The total non-current assets increased from CNY 313,133,082.64 to CNY 322,234,147.20, an increase of about 2.51%[25] Impairment and Other Financial Metrics - The company reported a significant increase in credit impairment losses by 83.52%, amounting to ¥7,615,636.27 compared to ¥4,149,736.31 in the previous year[11] - The company incurred credit impairment losses of ¥7,615,636.27, up from ¥4,149,736.31 in the previous period, indicating increased financial stress[29] - Other comprehensive income after tax for the current period was negative at ¥82,020.27, compared to a positive ¥162,387.92 in the previous period[29] Inventory and Receivables - Accounts receivable decreased from CNY 614,414,725.87 to CNY 538,936,135.58, representing a reduction of about 12.27%[19] - Inventory increased from CNY 173,580,395.83 to CNY 186,514,944.30, an increase of approximately 7.38%[19] - The company's other receivables increased from CNY 8,122,822.91 to CNY 10,645,164.45, an increase of approximately 31.03%[19] General Notes - The company’s first quarter report is unaudited, which may affect the reliability of the financial data presented[38]