优彩资源(002998) - 2022 Q1 - 季度财报

Key Financial Data This section details the company's key financial performance, non-recurring items, and analysis of significant financial metric changes Key Accounting Data and Financial Indicators In Q1 2022, operating revenue grew by 33.87%, but net profit attributable to shareholders declined by 23.61%, with negative and increasing net cash outflow from operating activities, indicating revenue growth without profit and cash flow pressure Q1 2022 Key Financial Indicators | Indicator | Current Period | Prior Year Period | Year-on-year Change | | :--- | :--- | :--- | :--- | | Operating Revenue (Million RMB) | 427.27 | 319.18 | 33.87% | | Net Profit Attributable to Shareholders (Million RMB) | 29.84 | 39.06 | -23.61% | | Net Profit Attributable to Shareholders After Non-recurring Items (Million RMB) | 25.94 | 36.70 | -29.32% | | Net Cash Flow from Operating Activities (Million RMB) | -187.76 | -130.41 | -43.97% | | Basic EPS (RMB/share) | 0.09 | 0.12 | -25.00% | | Weighted Average ROE | 2.01% | 2.75% | -0.74% | Non-recurring Gains and Losses Items and Amounts During this period, total non-recurring gains and losses amounted to 3.90 million RMB, primarily from government grants recognized in current profit or loss totaling 4.68 million RMB Q1 2022 Non-recurring Gains and Losses Items | Item | Amount for This Period (Million RMB) | | :--- | :--- | | Government Grants Recognized in Current Profit or Loss | 4.68 | | Other Non-operating Income and Expenses | -0.08 | | Less: Income Tax Impact | 0.70 | | Total | 3.90 | Analysis of Changes in Key Financial Indicators Significant financial metric changes this quarter were driven by increased revenue from new project production, a faster rise in operating costs due to higher sales and raw material prices, increased inventory from logistics disruptions, and a surge in financial expenses from increased borrowings - Operating revenue increased by 33.87% year-on-year, primarily due to increased production capacity and sales from the trial operation of the company's fundraising projects[7] - Operating cost increased by 42.95% year-on-year, growing faster than revenue, due to increased sales volume and rising raw material prices[7] - Financial expenses surged by 3559.71% year-on-year, mainly due to increased borrowings and corresponding interest expenses in the current period[7] - Net cash outflow from operating activities increased, primarily due to logistics disruptions caused by the pandemic, leading to higher inventories[7] - Period-end inventory balance increased by 43.05% compared to the beginning of the year, due to logistics disruptions caused by the pandemic, leading to increased finished goods inventory[6] Shareholder Information This section provides details on the company's common shareholders, including the total number and the shareholding structure of its top ten shareholders Common Shareholding Information As of the end of the reporting period, the company had 22,992 common shareholders, with the top two shareholders, Dai Zexin and Wang Xueping (a married couple), holding a combined 48.58%, indicating a highly concentrated equity structure - As of the end of the reporting period, the company had a total of 22,992 common shareholders[9] Top Two Shareholders' Shareholding | Shareholder Name | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | | Dai Zexin | 33.47% | 109,238,171 | | Wang Xueping | 15.11% | 49,322,742 | - Shareholders Dai Zexin and Wang Xueping are a married couple and act in concert, indicating a highly concentrated equity structure[10] Other Significant Matters The company had no other significant matters requiring disclosure during the reporting period - The company had no other significant matters that should have been disclosed but were not during this reporting period[12] Quarterly Financial Statements This section presents the company's consolidated balance sheet, income statement, and cash flow statement for the reporting quarter Consolidated Balance Sheet As of March 31, 2022, total assets were 1.84 billion RMB, a slight decrease of 0.22% from the beginning of the year, with significant changes including a 76.10% drop in cash, substantial increases in accounts receivable and inventories, a decrease in total liabilities, and a 1.96% rise in equity attributable to parent company owners to 1.50 billion RMB Balance Sheet Core Data | Item | Period-end Balance (Billion RMB) | Beginning of Year Balance (Billion RMB) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 1.84 | 1.85 | -0.22% | | Total Liabilities | 0.34 | 0.38 | -8.78% | | Total Equity Attributable to Parent Company Owners | 1.50 | 1.47 | +1.96% | Consolidated Income Statement In Q1 2022, total operating revenue reached 427.27 million RMB, a 33.87% year-on-year increase, but total operating costs rose faster at 42.50%, leading to a 23.25% decline in operating profit to 35.31 million RMB, and a 23.61% decrease in net profit attributable to parent company owners to 29.84 million RMB Income Statement Core Data | Item | Amount for This Period (Million RMB) | Amount for Prior Period (Million RMB) | Change | | :--- | :--- | :--- | :--- | | I. Total Operating Revenue | 427.27 | 319.18 | +33.87% | | II. Total Operating Cost | 395.06 | 277.25 | +42.50% | | III. Operating Profit | 35.31 | 46.01 | -23.25% | | V. Net Profit | 29.84 | 39.06 | -23.61% | Consolidated Cash Flow Statement During the period, the company experienced tight cash flow, with net cash outflow from operating activities increasing to -187.76 million RMB, net cash outflow from investing activities of 53.60 million RMB due to asset purchases, and a significant reduction in period-end cash and cash equivalents to 65.70 million RMB Cash Flow Statement Core Data | Item | Amount for This Period (Million RMB) | Amount for Prior Period (Million RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -187.76 | -130.41 | | Net Cash Flow from Investing Activities | -53.60 | 33.86 | | Net Cash Flow from Financing Activities | -1.49 | -70.23 | | Net Increase in Cash and Cash Equivalents | -243.08 | -166.61 | Audit Report The company's Q1 2022 report is unaudited - The company's first-quarter report is unaudited, which is standard practice for quarterly reports[21]