百亚股份(003006) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 431,997,343, representing a 6.59% increase compared to CNY 405,307,484 in the same period last year[6] - Net profit attributable to shareholders decreased by 31.00% to CNY 55,415,961 from CNY 80,317,508 year-over-year[6] - Basic and diluted earnings per share fell by 31.58% to CNY 0.13, compared to CNY 0.19 in the same period last year[6] - The company's net profit margin for Q1 2022 was impacted by increased sales expenses, which rose to CNY 93,739,686 from CNY 61,545,420, reflecting a significant increase of approximately 52.2%[30] - The net profit for the first quarter of 2022 was CNY 55,301,169, a decrease of 32.0% compared to CNY 81,190,160 in the same period last year[32] - The total profit for the first quarter was CNY 62,426,987, down 33.2% from CNY 93,370,302 year-over-year[32] - Operating profit decreased to CNY 66,201,584, a decline of 29.0% from CNY 93,307,495 in the previous year[32] Cash Flow - The net cash flow from operating activities dropped significantly by 63.49% to CNY 18,251,743, down from CNY 49,987,203 in the previous year[6] - Cash flow from operating activities generated a net inflow of CNY 18,251,743, significantly lower than CNY 49,987,203 in the same quarter last year[37] - The company's investment activities resulted in a net cash outflow of CNY 13,580,952, compared to a net outflow of CNY 24,771,702 in the same period last year[37] - The cash flow from investing activities showed a net outflow of CNY 13,580,952, a decrease of 45% compared to the previous year, primarily due to reduced equipment purchases[11] Assets and Liabilities - Total assets increased by 5.86% to CNY 1,644,192,571 from CNY 1,553,188,850 at the end of the previous year[6] - The total liabilities increased to CNY 348,867,970 from CNY 338,838,854, showing a rise of approximately 3%[27] - The equity attributable to shareholders of the parent company rose to CNY 1,294,387,179 from CNY 1,213,297,782, an increase of about 6.7%[29] - Accounts receivable increased to CNY 206,317,016 from CNY 134,334,064, marking a growth of about 53.6%[25] - Inventory decreased to CNY 137,448,412 from CNY 162,118,886, a reduction of approximately 15.2%[25] Expenses - Total operating costs for Q1 2022 were CNY 370,883,377, up from CNY 315,080,935 in the previous year, indicating an increase of about 17.7%[30] - The company reported a 52.3% increase in selling expenses, totaling CNY 93,739,686, primarily due to higher marketing and employee compensation costs[11] - Research and development expenses for Q1 2022 were CNY 14,242,091, slightly up from CNY 13,638,803 in the previous year, indicating a growth of about 4.4%[30] Shareholder Information - The total number of common shareholders at the end of the reporting period was 18,454[13] - Chongqing Fuyuan Trading Co., Ltd. holds 41.20% of shares, totaling 177,310,000 shares[13] - The company has 10 major shareholders, with the top three holding a combined 66.31% of shares[13] - The company granted 1,293,200 stock options at an exercise price of 17.38 RMB per option to 454 eligible participants[21] - The company issued 2,552,500 restricted shares at a price of 8.69 RMB per share to 83 eligible participants[21] - The company completed the registration of the granted restricted shares on January 20, 2022[22] Other Income and Transactions - Other income surged by 724% to CNY 2,509,169, mainly due to increased government subsidies received[11] - The company recorded other income of CNY 2,509,169, an increase from CNY 304,494 in the same period last year[32] - The company experienced a 200% increase in tax payable, reaching CNY 25,890,520, attributed to reduced input tax from fixed asset purchases[9] - The expected total amount of related party transactions for 2022 is not to exceed 21.3 million RMB[19] Incentive Plans - The company plans to adjust the use of part of the raised funds from the IPO for the "new sanitary napkin production line and necessary automation auxiliary equipment"[23] - The adjustment of the incentive plan reduced the number of participants from 568 to 537[19] - The company will participate in a fund subscription with its own funds of 20 million RMB[23] - The company reported a deferred tax asset of CNY 8,884,404, significantly higher than CNY 3,599,444 at the beginning of the year, representing an increase of approximately 146.3%[25]