华统股份(002840) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,718,685,277.61, a decrease of 34.85% compared to ¥2,638,018,176.72 in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥87,893,930.39, representing a decline of 213.47% from a profit of ¥77,461,995.88 in the previous year[5]. - The net cash flow from operating activities was negative at ¥156,130,923.45, a decrease of 320.43% compared to ¥70,831,717.58 in the same period last year[5]. - The basic earnings per share were -¥0.19, down 211.76% from ¥0.17 in the previous year[5]. - The company reported a significant increase in financial expenses, which rose by 306.74% to ¥46,404,365.58, attributed to the cessation of capitalization of pig farm investments[12]. - The company experienced a 362.17% decline in net profit after deducting non-recurring gains and losses, resulting in a loss of ¥102,230,266.22[5]. - The company reported a net profit of -106,675,144.77 yuan, compared to a net profit of 86,763,479.93 yuan in the previous period, indicating a significant decline[42]. - Operating profit was -107,892,673.12 yuan, a decrease from 102,238,680.11 yuan in the prior period[42]. - The total comprehensive income attributable to the parent company was -87,893,930.39 yuan, compared to 77,461,995.88 yuan in the prior period[42]. Assets and Liabilities - Total assets increased by 6.78% to ¥7,620,191,040.26 from ¥7,136,269,012.26 at the end of the previous year[5]. - The company's total liabilities decreased by 32.85% in bonds payable, from ¥434,969,491.09 to ¥292,060,773.41, primarily due to debt-to-equity swaps[9]. - Total liabilities rose to CNY 5,369,870,231.89 from CNY 5,021,642,744.05, reflecting an increase of about 6.9%[32]. - Long-term borrowings increased to CNY 1,854,342,065.01 from CNY 1,717,434,550.28, representing a rise of about 8%[32]. - The total equity attributable to shareholders increased to CNY 1,601,603,441.73 from CNY 1,541,592,227.18, reflecting a growth of about 3.9%[32]. Cash Flow and Investments - The company reported a 44.78% decrease in cash flow from investing activities, amounting to -¥415,800,997.56, due to reduced infrastructure investments[12]. - The company incurred total cash outflows from investing activities of 422,643,257.76 yuan, compared to 812,468,764.53 yuan in the prior period[46]. - Cash inflows from financing activities totaled 1,050,738,278.50 yuan, down from 1,196,908,349.10 yuan year-over-year[49]. - The net cash flow from operating activities was -156,130,923.45 yuan, compared to a positive cash flow of 70,831,717.58 yuan in the previous period[46]. Shareholder Activities - The controlling shareholder, Huadong Group, has initiated a share buyback plan, having already purchased 677,100 shares for a total of RMB 10,245,597, which is about 0.15% of the company's total share capital[22][24]. - The company has not yet completed its share buyback plan, which is set to continue as it monitors the situation[24]. - The company plans to raise between RMB 50 million and RMB 100 million through a private placement of A-shares, which is currently pending approval from the China Securities Regulatory Commission[20][21]. - The company has responded to feedback from the China Securities Regulatory Commission regarding its private placement application, indicating ongoing efforts to secure approval[20][21]. Operational Metrics - Total operating costs for the current period amount to CNY 1,811,265,627.96, down from CNY 2,588,298,620.60, reflecting a decrease of about 30%[36]. - Total revenue from sales of goods and services was 1,905,123,605.41 yuan, down from 3,084,328,477.22 yuan year-over-year[43]. - Research and development expenses for the current period were CNY 3,777,727.13, compared to CNY 3,172,791.77 in the previous period, showing an increase of approximately 19%[36]. Current Assets - The company's cash and cash equivalents increased to RMB 461,785,637.20 from RMB 424,200,288.99 at the beginning of the year, reflecting a growth of approximately 8.5%[25]. - Accounts receivable rose to RMB 37,637,803.57 from RMB 26,355,314.88, indicating an increase of about 42.9%[25]. - Inventory levels increased significantly to RMB 648,846,633.59 from RMB 524,924,809.77, representing a growth of approximately 23.6%[25]. - The total current assets reached RMB 1,451,107,686.49, up from RMB 1,274,901,332.00, marking an increase of around 13.8%[25]. - The company reported a significant increase in prepayments, which rose to RMB 30,588,070.17 from RMB 16,077,788.88, reflecting an increase of approximately 90%[25].