富奥B(200030) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥2,714,014,726.23, a decrease of 12.56% compared to ¥3,103,708,802.33 in the same period last year[3] - Net profit attributable to shareholders was ¥23,860,427.65, down 89.12% from ¥219,215,833.85 year-on-year[3] - The total revenue for the first quarter was CNY 2,305,446,803.60, a decrease from CNY 2,354,099,513.71 in the previous year, representing a decline of approximately 2.06%[24] - The net profit for the first quarter was a loss of CNY 9,293,927.40, compared to a profit of CNY 207,009,538.43 in the same period last year, indicating a significant decline[22] - Operating profit for Q1 2022 was a loss of CNY 15,458,653.55, compared to a profit of CNY 211,622,964.78 in Q1 2021[21] - The company reported a total comprehensive income of CNY -11,641,674.17 for the first quarter, down from CNY 207,168,145.28 in the same period last year[22] Cash Flow and Investment - The net cash flow from operating activities was -¥297,504,616.44, a decline of 224.96% compared to ¥238,081,329.72 in the previous year[3] - The cash inflow from investment activities decreased by 60.24% compared to the same period last year, primarily due to a reduction in the maturity of structured deposits from subsidiaries[12] - The net cash flow from investment activities decreased by 87.06% year-on-year, mainly due to the decrease in structured deposit maturities from subsidiaries[12] - The investment activities resulted in a net cash outflow of CNY -315,205,452.41, compared to a net outflow of CNY -168,501,374.39 in the previous year[26] - The financing activities generated a net cash outflow of CNY -37,606,995.60, slightly higher than the outflow of CNY -34,240,934.96 in the previous year[26] Research and Development - The company increased its R&D investment to ¥380 million in 2021, a year-on-year growth of 56.85%, to enhance capabilities in lightweight, electrification, intelligence, and connectivity[4] - The company plans to continue increasing R&D investment in 2022 to ensure the smooth progress of key projects despite the impact on profits[4] - Research and development expenses increased to CNY 93,866,175.20, up 42.5% from CNY 65,888,529.73 in the same period last year[21] - The company is focusing on enhancing R&D efforts to drive future growth and innovation in its product offerings[21] Shareholder and Equity Information - The total number of common shareholders at the end of the reporting period is 31,549[12] - The company repurchased a total of 21,832,240 shares, accounting for approximately 1.2385% of the company's A-shares, with a total payment of RMB 130,002,519.40[15] - The weighted average return on equity decreased to 0.32% from 2.97% year-on-year[3] Industry Impact - The commercial vehicle industry saw a production and sales decline of 29.7% and 31.7% respectively in Q1 2022, significantly impacting the company's operations[4] Assets and Liabilities - Total assets as of Q1 2022 amounted to CNY 14,471,787,807.20, a decrease from CNY 14,860,923,866.83 in the previous year[19] - Total liabilities decreased to CNY 5,961,013,892.17 from CNY 6,348,858,955.88 year-over-year[19] - The company's cash and cash equivalents decreased to CNY 92,496,100.73 from CNY 90,721,873.01[19] - Long-term equity investments increased to CNY 2,878,103,660.86 from CNY 2,783,106,183.26[19]