红墙股份(002809) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥192,542,124.64, a decrease of 35.60% compared to ¥298,990,853.83 in the same period last year[3] - Net profit attributable to shareholders was ¥8,996,604.58, down 65.64% from ¥26,183,768.89 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥1,848,639.35, a significant decline of 90.53% from ¥19,530,753.31 in the previous year[3] - The company reported a revenue of ¥192,542,124.64, a decrease of 35.60% year-on-year[12] - The net profit for the period was ¥8,996,604.58, down 65.64% compared to the previous year[12] - Operating profit decreased significantly to $5.05 million from $24.38 million, representing an 79.3% decline year-over-year[21] - The company reported a total comprehensive income of $9.40 million, down from $25.09 million, showing a significant decline in overall profitability[22] Assets and Liabilities - The company's total assets decreased by 6.52% to ¥2,279,395,202.25 from ¥2,438,353,603.15 at the end of the previous year[3] - Cash and cash equivalents decreased to ¥356,782,088.57 from ¥469,150,024.52 at the beginning of the year[16] - Accounts receivable decreased to ¥1,029,479,445.43 from ¥1,125,372,321.20 at the beginning of the year[16] - Total assets decreased to ¥2,279,395,202.25 from ¥2,438,353,603.15 at the beginning of the year[18] - Total liabilities decreased to ¥824,753,635.94 from ¥1,010,144,892.43 at the beginning of the year[18] - The company's equity attributable to shareholders increased to ¥1,454,641,566.31 from ¥1,428,208,710.72 at the beginning of the year[18] Cash Flow - The net cash flow from operating activities improved to -¥15,942,391.62, an 82.23% increase compared to -¥89,713,179.39 in the previous year[3] - Cash flow from operating activities showed a net outflow of $15.94 million, an improvement from a net outflow of $89.71 million in the previous period[25] - The net cash flow from investment activities was -4,301,290.52 CNY, a decrease from -6,647,606.74 CNY in the previous period[26] - The total cash inflow from financing activities was 20,562,860.09 CNY, compared to 166,524,149.13 CNY previously[26] - The net cash flow from financing activities was -92,124,253.81 CNY, a significant decline from 145,155,463.00 CNY in the previous period[26] - The net increase in cash and cash equivalents was -112,367,935.95 CNY, contrasting with an increase of 48,794,676.87 CNY in the previous period[26] - The ending balance of cash and cash equivalents was 356,782,088.57 CNY, down from 469,150,024.52 CNY at the beginning of the period[26] Operational Challenges - The decline in revenue and profit was primarily due to the impact of government pandemic control measures affecting production and logistics[12] - The company faced fixed operational costs despite the decline in revenue, impacting net profit[13] - The company is currently exploring strategies for market expansion and new product development to recover from the downturn[12] Cost Management - The company reported a 35.27% decrease in operating costs, amounting to ¥140,116,848.72, compared to ¥216,468,586.52 in the same period last year[7] - Total operating costs amounted to $193.15 million, down from $277.30 million, reflecting a reduction of 30.4%[20] - Sales expenses decreased to $22.10 million from $24.97 million, reflecting cost control measures[21] Other Income and Expenses - Other income increased significantly by 1,534.30% to ¥1,132,757.64, primarily due to increased government subsidies received[8] - Research and development expenses were $10.81 million, slightly down from $11.97 million, indicating a focus on maintaining R&D investment[21] - Other comprehensive income after tax was $403,347.14, compared to a loss of $1.09 million in the previous period, indicating a positive shift[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,550[10] - Basic and diluted earnings per share were both $0.04, down from $0.13 in the previous period[22] Audit Information - The company did not undergo an audit for the first quarter report[27]