湘佳股份(002982) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 783,583,686.08, representing an increase of 8.00% compared to CNY 725,544,696.29 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was CNY 11,693,033.49, a significant increase of 42.89% from CNY 8,183,334.42 in the previous year[3] - The total profit amounted to CNY 12,341,401.27, up 47.5% from CNY 8,354,675.24 year-on-year[19] - Operating profit reached CNY 12,558,337.91, representing a growth of 45.5% compared to CNY 8,626,190.65 in the previous year[19] - The company reported a net profit margin of approximately 1.3% for Q1 2022, compared to the previous year's margin[17] - The basic and diluted earnings per share were both CNY 0.11, an increase from CNY 0.08 in the prior year[20] Cash Flow - The net cash flow from operating activities was negative at CNY -10,252,763.07, a decline of 265.33% compared to CNY 6,201,461.80 in Q1 2021[3] - Cash flow from operating activities showed a net outflow of CNY 10,252,763.07, a decline from a net inflow of CNY 6,201,461.80 in the same quarter last year[23] - Cash flow from investing activities resulted in a net outflow of CNY 79,459,678.31, compared to a net outflow of CNY 120,112,751.62 in the previous year[23] - Cash flow from financing activities generated a net inflow of CNY 118,038,717.92, a significant improvement from a net outflow of CNY 18,916,823.29 in the same period last year[23] - The total cash and cash equivalents at the end of the period were CNY 326,959,342.54, down from CNY 529,629,492.24 at the end of the previous year[24] - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 326,959,342.54, compared to CNY 298,477,928.00 at the beginning of the year[13] Assets and Liabilities - The total assets at the end of Q1 2022 amounted to CNY 3,055,157,505.99, reflecting a growth of 6.51% from CNY 2,868,336,694.90 at the end of the previous year[3] - Total assets as of March 31, 2022, were CNY 3,055,157,505.99, an increase from CNY 2,868,336,694.90 at the beginning of the year[16] - Total liabilities increased to CNY 1,365,701,379.98 from CNY 1,189,118,386.08, reflecting a rise of 14.8%[15] - The company’s total liabilities decreased by 55.69% for non-current liabilities due within one year, amounting to CNY 31,480,000.00, due to debt repayments[7] Expenses - Total operating costs for Q1 2022 were CNY 774,334,978.55, up from CNY 721,928,870.04, reflecting a year-over-year increase of 7.2%[17] - Research and development expenses increased by 50.05% to CNY 6,002,250.16, primarily due to investments in poultry breed projects[7] - Research and development expenses for Q1 2022 were CNY 6,002,250.16, an increase from CNY 4,000,131.69 in the same period last year, indicating a growth of 50.0%[17] - The company reported a 203.91% increase in financial expenses, totaling CNY 4,418,483.73, mainly due to higher interest expenses on loans[7] Other Financial Metrics - The weighted average return on equity was 0.72%, up from 0.51% in the previous year[3] - The company experienced a 301.95% increase in contract liabilities, reaching CNY 25,455,589.32, attributed to the expansion of operations and increased customer prepayments[7] - The company received government subsidies amounting to CNY 4,740,801.84, which contributed to the overall financial performance[5] - Accounts receivable increased to CNY 219,560,408.56 from CNY 205,819,316.40, indicating a rise of 6.5%[14] - Inventory at the end of Q1 2022 was CNY 473,538,397.72, up from CNY 447,083,163.96, representing a growth of 5.9%[14] - The company incurred a credit impairment loss of CNY 1,389,803.37 during the quarter, compared to a gain of CNY 1,884,541.43 in the same period last year[19]