翔鹭钨业(002842) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥448,809,255.79, representing a 22.21% increase compared to ¥367,241,308.50 in the same period last year[3] - The net profit attributable to shareholders was ¥11,259,494.21, a decrease of 6.04% from ¥11,983,254.37 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,493,627.46, down 27.66% from ¥10,358,226.13 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 448.81 million, up 22.1% from CNY 367.24 million in Q1 2021[16] - Net profit for Q1 2022 was CNY 11.26 million, a decrease of 6.0% from CNY 11.98 million in Q1 2021[17] Cash Flow - The net cash flow from operating activities improved significantly to -¥11,490,370.15, an 87.54% increase compared to -¥92,254,658.06 in the same period last year[3] - Cash inflow from operating activities totaled CNY 356.13 million, up from CNY 250.81 million in Q1 2021[19] - The net cash flow from investing activities was -5,439,912.16 CNY in Q1 2022, compared to -3,935,880.59 CNY in Q1 2021[20] - The net cash flow from financing activities was 11,604,110.66 CNY in Q1 2022, an increase from 81,024,627.82 CNY in Q1 2021[20] - The cash outflow from financing activities totaled 87,045,889.34 CNY in Q1 2022, compared to 211,284,694.79 CNY in Q1 2021[20] - The cash inflow from financing activities was 98,650,000.00 CNY in Q1 2022, down from 292,309,322.61 CNY in Q1 2021[20] - The net increase in cash and cash equivalents was -5,157,728.82 CNY in Q1 2022, compared to -14,775,131.79 CNY in Q1 2021[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,464,432,155.97, reflecting a 1.61% increase from ¥2,425,286,571.84 at the end of the previous year[3] - Total liabilities increased to CNY 1.44 billion, compared to CNY 1.41 billion at the end of Q1 2021[16] - Total liabilities include short-term loans of 397,463,086.39 CNY, up from 386,292,836.39 CNY[12] - The company reported a decrease in contract liabilities from 6,302,744.57 CNY to 2,479,997.95 CNY, a reduction of approximately 60.7%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,496[8] - The largest shareholder, Chen Qifeng, holds 18.67% of shares, amounting to 51,836,400 shares, with 38,877,300 shares pledged[8] Equity and Return - The equity attributable to shareholders increased by 1.06% to ¥1,023,011,856.36 from ¥1,012,324,287.37 at the end of the previous year[3] - The company's total equity reached CNY 1.02 billion, up from CNY 1.01 billion in the previous year[16] - The weighted average return on net assets was 1.11%, a slight decrease from 1.20% in the previous year[3] Operational Changes - The company reported a significant increase in prepayments, which rose by 481.38% to ¥92,123,267.25, primarily due to increased advance payments to raw material suppliers[6] - The company experienced a 60.65% decrease in contract liabilities, which fell to ¥2,479,997.95 from ¥6,302,744.57, mainly due to a reduction in advance payments from customers[6] - The company plans to extend the construction period of the "800t special superhard alloy intelligent production project" to February 2023[9] - The project for "6 million precision special hard alloy cutting tools" has been terminated, with remaining funds to be used for working capital[9] Expenses - Total operating costs increased to CNY 441.34 million, a rise of 23.7% compared to CNY 356.53 million in the previous year[16] - Research and development expenses rose to CNY 15.57 million, compared to CNY 12.49 million in Q1 2021, reflecting a 24.5% increase[16] Audit Information - The company did not undergo an audit for the Q1 2022 report[21]