欣贺股份(003016) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥503,622,669.84, a decrease of 7.44% compared to ¥544,112,612.71 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was ¥62,154,069.40, down 34.29% from ¥94,587,353.87 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥56,219,700.45, a decline of 39.49% compared to ¥92,906,366.13 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 503.62 million, a decrease of 7.4% from CNY 544.11 million in Q1 2021[33] - Net profit for Q1 2022 was CNY 62.15 million, down 34.3% from CNY 94.59 million in Q1 2021[35] - Basic earnings per share for Q1 2022 were CNY 0.1457, compared to CNY 0.2217 in the same period last year[37] Cash Flow - The net cash flow from operating activities was ¥87,767,519.55, representing a decrease of 17.18% from ¥105,977,843.41 in the same period last year[3] - Total cash inflow from operating activities amounted to $558,121,041.42, while cash outflow was $470,353,521.87, resulting in a net cash inflow of $87,767,519.55[40] - Cash flow from investment activities showed a net outflow of ¥302,097,620.31, improving from a net outflow of ¥471,725,226.99 in the previous year[42] - Cash inflow from investment activities totaled $16,875,400.68, while cash outflow reached $318,973,020.99[40] - Net cash flow from financing activities was -$59,710,127.05, compared to -$29,818,430.72 in the previous year, indicating increased cash outflow[42] - The ending balance of cash and cash equivalents was $830,417,652.57, down from $1,057,730,682.34 in the previous year[42] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥3,708,233,276.84, down 2.94% from ¥3,820,513,664.62 at the end of the previous year[5] - Total assets decreased to CNY 3.71 billion from CNY 3.82 billion year-over-year[31] - Total liabilities decreased to CNY 635.62 million from CNY 776.03 million in the previous year[29] - The company's total non-current assets amounted to CNY 1.24 billion, a slight decrease from CNY 1.27 billion year-over-year[29] Shareholder Information - The company has a significant shareholder, Xinha International Limited, holding 63.08% of the shares, with a total of 272,716,480 shares pledged[17] - The company has a total of 19,538,880 unrestricted shares held by Xiamen Junsheng Investment Partnership, representing a significant portion of the free float[17] - The company plans to repurchase between 5 million to 10 million shares, representing 1.16% to 2.31% of the total share capital, at a maximum price of RMB 14.80 per share, with an estimated total amount not exceeding RMB 148 million[19] - As of April 7, 2022, the company has repurchased a total of 4,359,200 shares, accounting for 1.01% of the total share capital, with a cumulative transaction amount of RMB 40.07 million[21] - The company is in the process of repurchasing and canceling unvested restricted stock from departing employees, with ongoing procedures for 190,000 shares[24] Operational Efficiency - The weighted average return on equity decreased to 2.03% from 3.19% year-on-year, a drop of 1.16%[3] - The company reported a significant increase in trading financial assets, which rose by 369.66% to ¥331,575,041.81 due to increased purchases of cash management products[9] - The company's trading financial assets increased significantly from RMB 70,599,209.52 to RMB 331,575,041.81 during the reporting period[26] - Accounts receivable decreased from RMB 194,295,915.73 to RMB 180,316,775.13, indicating a reduction in outstanding receivables[26] - Inventory decreased from RMB 605,493,641.15 to RMB 556,953,595.87, reflecting improved inventory management[26] - Total operating costs increased to CNY 403.17 million, up 4.3% from CNY 385.17 million in the previous year[33] - Research and development expenses increased to CNY 17.73 million, up from CNY 15.34 million in the previous year[33] Government Support - Government subsidies received increased by 59.82% to ¥6,107,873.14 compared to ¥3,821,634.62 in the same period last year[12]