香山股份(002870) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 1,094,400,920.66, a decrease of 7.16% compared to CNY 1,178,784,608.42 in the same period last year[3] - Net profit attributable to shareholders was CNY 26,111,190.40, down 29.28% from CNY 36,922,133.91 year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 24,199,775.15, reflecting a decline of 35.84% compared to CNY 37,717,156.29 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 1,094,400,920.66, a decrease of 7.1% compared to CNY 1,178,784,608.42 in the same period last year[18] - Net profit for Q1 2022 was CNY 42,080,110.71, a decline of 22.6% from CNY 54,390,696.21 in Q1 2021[19] - The net profit attributable to the parent company for Q1 2022 was ¥26,111,190.40, a decrease from ¥36,922,133.91 in Q1 2021, representing a decline of approximately 29.5%[20] - The total comprehensive income for Q1 2022 was ¥36,263,901.48, compared to ¥27,374,650.62 in Q1 2021, indicating an increase of about 32.9%[20] - Basic and diluted earnings per share for Q1 2022 were both ¥0.24, down from ¥0.33 in Q1 2021, reflecting a decrease of approximately 27.3%[20] Cash Flow and Liquidity - Operating cash flow increased by 227.54%, reaching CNY 73,132,980.38, significantly improving the company's operational environment[7] - The net cash flow from operating activities for Q1 2022 was ¥73,132,980.38, significantly higher than ¥22,327,753.56 in Q1 2021, marking an increase of approximately 227.5%[22] - Cash inflow from operating activities totaled ¥1,321,933,812.37, while cash outflow was ¥1,248,800,831.99, resulting in a net cash flow of ¥73,132,980.38[22] - The cash flow from investing activities showed a net outflow of ¥96,006,046.93 in Q1 2022, compared to a net outflow of ¥27,444,982.97 in Q1 2021[23] - The cash flow from financing activities generated a net inflow of ¥10,331,409.45 in Q1 2022, a decrease from ¥88,161,180.22 in Q1 2021[23] - The ending cash and cash equivalents balance for Q1 2022 was ¥401,401,339.63, down from ¥581,630,980.96 at the end of Q1 2021[23] - Cash and cash equivalents increased to CNY 489,641,685.03 from CNY 461,928,984.00 at the beginning of the year, representing a growth of 6.0%[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,467,114,058.83, an increase of 1.37% from CNY 6,379,476,445.17 at the end of the previous year[3] - Total assets as of March 31, 2022, were CNY 6,467,114,058.83, an increase from CNY 6,379,476,445.17 at the start of the year[16] - Total liabilities increased to CNY 4,524,617,068.97 from CNY 4,473,243,356.79 at the beginning of the year[16] - Short-term borrowings increased to CNY 807,982,293.12, up 21.4% from CNY 665,231,973.84 at the beginning of the year[16] - Inventory rose to CNY 880,304,135.51, up 9.8% from CNY 801,321,050.26 at the start of the year[14] Strategic Initiatives - The company is accelerating its investment in the new energy vehicle sector, which has led to increased R&D expenses[7] - The company aims to enhance its market position as a leader in electric and intelligent vehicle charging systems and stylish cockpit design[8] - The company plans to continue expanding its market presence and invest in new product development[12] Challenges and Market Conditions - The company faced challenges due to the impact of COVID-19 and geopolitical tensions, affecting overall revenue and profit[7] - The weighted average return on equity decreased to 3.04% from 4.48% year-on-year[3] - The company reported a decrease in sales revenue from cash received for goods sold and services provided, totaling ¥1,297,106,494.79 in Q1 2022, compared to ¥1,375,046,879.82 in Q1 2021, a decline of about 5.7%[22] Shareholder Information - The company reported a total of 8,466 common shareholders at the end of the reporting period[10] Other Information - The company completed a non-public stock issuance, which was approved by the China Securities Regulatory Commission[12] - The company did not conduct any audited financial reporting for the first quarter[24]