银宝山新(002786) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥627,527,001.13, representing a 5.35% increase compared to ¥595,635,834.31 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥71,147,778.32, an improvement of 17.74% from a loss of ¥86,490,778.50 in Q1 2021[5] - The net profit for the first quarter was -¥70,709,514.72, compared to -¥87,483,629.59 in the previous year, showing an improvement of approximately 19.3%[36] - The total comprehensive income for the first quarter was -¥70,288,512.87, compared to -¥87,067,205.80 in the previous year, indicating a year-over-year improvement of about 19.2%[36] - Operating profit for the first quarter was -¥69,306,234.39, an improvement from -¥98,273,201.42 in the same period last year[36] Cash Flow and Liquidity - The net cash flow from operating activities was ¥70,483,002.66, a significant increase of 156.55% compared to a negative cash flow of ¥124,630,145.87 in the previous year[5] - Cash flow from operating activities generated a net inflow of ¥70,483,002.66, a significant recovery from a net outflow of -¥124,630,145.87 in the previous year[40] - The company's cash and cash equivalents at the end of the period amounted to RMB 463,535,100.40, an increase from RMB 426,721,960.75 at the beginning of the year[20] - The cash and cash equivalents at the end of the period were ¥271,552,686.36, down from ¥761,869,151.98 at the end of the previous year[43] - The company's cash and cash equivalents were not explicitly detailed, but the overall liquidity position appears to be under pressure given the increase in current liabilities[26] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥4,224,729,430.20, down 1.69% from ¥4,297,192,378.02 at the end of the previous year[5] - Total current assets decreased to ¥2,470,298,179.19 from ¥2,516,683,467.43, a decline of about 1.8%[26] - Total liabilities amounted to ¥3,782,974,431.30, slightly down from ¥3,785,148,866.25, indicating a marginal decrease[26] - The company’s inventory decreased to ¥1,245,735,497.82 from ¥1,285,815,766.18, a reduction of approximately 3.1%[26] - Long-term borrowings increased significantly to ¥369,982,308.32 from ¥293,666,000.00, reflecting a rise of about 26%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 0[13] - The largest shareholder, Bangxin Asset Management Co., holds 27.49% of shares, totaling 136,266,000 shares[13] - The second largest shareholder, Shenzhen Baoshan Xintou Investment Development Co., holds 19.32% of shares, totaling 95,735,600 shares[13] Operational Insights - The company decided to extend the construction period of the "Guangdong Yinbaoshan New Technology Co., Ltd. Phase I Project" to December 2023[19] - The company plans to continue focusing on improving operational efficiency and exploring market expansion opportunities[39] Other Financial Metrics - The basic earnings per share improved to -¥0.14 from -¥0.17, reflecting a 17.65% increase[5] - The weighted average return on equity was -15.31%, an improvement of 1.55% from -16.86% in the previous year[5] - Revenue from sales of goods and services reached ¥661,218,290.43, up from ¥564,790,550.35 in the previous year, reflecting an increase of approximately 17.1%[37] - Total operating costs increased to ¥687,491,521.73 from ¥667,399,430.24, reflecting a rise of about 3.3%[30] - Research and development expenses for the current period were ¥32,332,290.62, down from ¥36,513,154.39, indicating a decrease of approximately 11.5%[30] - The company reported a decrease in cash paid to employees, totaling ¥169,109,313.07, compared to ¥182,090,685.62 in the previous year[40] - The company incurred a foreign exchange loss of -¥5,602,325.71 during the quarter[40] - The company has not undergone an audit for the first quarter report[43] Financing Activities - The company borrowed RMB 60 million from Beijing Huqing Boguan Venture Capital Co., with a loan term not exceeding three months[17] - The company reported a significant decrease in financing cash flow, totaling ¥54,134,700.88, down 92.98% from ¥771,376,631.79 in the same period last year[11] - Non-operating income decreased by 92.46% to ¥147,535.10 compared to ¥1,956,141.26 in the previous year[8] - The company experienced a 96.70% increase in accounts receivable financing, totaling ¥13,862,758.52 compared to ¥7,047,622.94 in the same period last year[8]