中天精装(002989) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 344,395,640.81, representing a 0.72% increase compared to CNY 341,928,896.85 in the same period last year[3] - Net profit attributable to shareholders was CNY 35,426,556.61, up 12.22% from CNY 31,569,880.88 year-on-year[3] - Total operating revenue for Q1 2022 was CNY 344,395,640.81, a slight increase of 0.14% compared to CNY 341,928,896.85 in Q1 2021[28] - Net profit for Q1 2022 reached CNY 35,426,556.61, representing a 12.1% increase from CNY 31,569,880.88 in Q1 2021[30] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.23, compared to CNY 0.21 in Q1 2021, indicating a growth of 9.5%[30] - Other comprehensive income after tax for Q1 2022 was CNY 2,891,545.17, compared to CNY 1,075,008.39 in Q1 2021, reflecting a year-over-year increase of 168.5%[30] Cash Flow - The net cash flow from operating activities was CNY -1,393,647.99, a significant improvement of 99.33% compared to CNY -207,374,221.47 in the previous year[3] - The company reported a net cash flow from investing activities of CNY 230,925,907.36, a 391.43% increase compared to CNY 46,990,991.13 in the previous year[9] - Operating cash inflow for the current period was $680,929,635.05, an increase of 30% from $523,645,324.23 in the previous period[33] - Net cash outflow from operating activities was $1,393,647.99, improving from a net outflow of $207,374,221.47 in the previous period[33] - Net cash inflow from investment activities was $230,925,907.36, significantly up from $46,990,991.13 in the previous period[34] - Cash inflow from financing activities was $577,000,000.00, compared to $18,572,003.26 in the previous period[34] - Net cash flow from financing activities was $522,848,023.60, a turnaround from a net outflow of $123,835,383.66 in the previous period[34] - The ending cash and cash equivalents balance was $1,150,122,840.62, up from $276,151,675.04 in the previous period[34] Assets and Liabilities - Total assets increased by 7.42% to CNY 3,645,608,548.41 from CNY 3,393,915,195.56 at the end of the previous year[3] - The total liabilities as of the end of Q1 2022 amounted to CNY 1,838,705,264.35, an increase from CNY 1,720,943,119.85 at the end of Q1 2021[29] - The company’s equity attributable to shareholders rose by 8.01% to CNY 1,806,903,284.06 from CNY 1,672,972,075.71 at the end of last year[3] - Non-current assets totaled 336,075,103.90, up from 261,183,035.80, reflecting an increase of about 28.7%[25] - Short-term borrowings decreased from 130,273,711.89 to 77,975,572.46, a reduction of about 40%[25] Investments and Financing - The company reported a significant increase in cash and cash equivalents, rising by 163.91% to CNY 1,266,485,768.50 due to the issuance of convertible bonds[9] - The company reported a total of 57.7 million RMB in convertible bonds issued, with a net fundraising amount of 571,294,778.77 RMB after deducting issuance costs[18] - The company completed the issuance of 3,785,000 shares at a price of 24.52 RMB per share, raising a total of 928,082,000 RMB in its initial public offering[17] - The company has received a total of 3,134,038.51 RMB in net interest from bank deposits related to the raised funds[18] - The company’s convertible bonds have a term of 6 years, with a total issuance of 577,000 bonds at a face value of 100 RMB each[18] - The company’s fundraising activities have been approved by the China Securities Regulatory Commission, with the latest approval received on December 1, 2021[15] - The company has reported a total of 5,705,221.23 RMB in issuance costs for the convertible bonds, which were deducted from the gross fundraising amount[18] Market and Operational Strategy - The company plans to continue expanding its market presence and investing in new projects, as indicated by the increase in inventory by 31.84% to CNY 27,662,068.46[9] - The company continues to focus on research and development, with R&D expenses amounting to CNY 13,664,370.28 in Q1 2022, down from CNY 15,166,933.41 in Q1 2021, indicating a strategic adjustment in resource allocation[29] Shareholder Information - The company’s major shareholders include Shenzhen Zhongtian An Investment Co., Ltd., holding 36,000,000 shares, representing a significant portion of the equity[12] - The company has engaged in financing activities involving 13 million shares through a securities account with Guotai Junan Securities[12] Legal Matters - The company has ongoing litigation with a total claim amount of 639.48 million and 1,070.05 million, which are still in judicial proceedings[22] Financial Management - Total entrusted financial management amount reached 68,000 million, with a balance of 20,000 million remaining[19] - The annualized return rate for entrusted financial products varied, with some products yielding up to 7.30%[21]