深纺织B(200045) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥670,551,882.04, representing a 21.27% increase compared to ¥552,950,209.39 in the same period last year[4] - Net profit attributable to shareholders decreased by 58.80% to ¥17,625,745.18 from ¥42,776,335.85 year-on-year[4] - The net profit after deducting non-recurring gains and losses fell by 62.16% to ¥15,102,181.63 from ¥39,905,925.26 in the previous year[4] - The operating profit for the period was ¥2,499.21 million, down 63.69% from ¥6,882.35 million in the previous year, mainly due to high manufacturing costs during the ramp-up phase of the 7th line[9] - Total operating revenue for Q1 2022 was CNY 670,551,882.04, an increase of 21.2% compared to CNY 552,950,209.39 in Q1 2021[24] - Net profit for Q1 2022 was CNY 22,978,570.32, a decrease of 63.0% from CNY 62,099,516.65 in Q1 2021[25] - Earnings per share for Q1 2022 were CNY 0.0348, down from CNY 0.0842 in Q1 2021[26] Cash Flow and Liquidity - The net cash flow from operating activities improved by 12.38%, reaching -¥65,966,923.49 compared to -¥75,288,004.27 in the same period last year[4] - Cash inflow from operating activities totaled ¥658,546,821.14, an increase of 18.75% from ¥554,747,145.49 in the previous period[28] - Cash outflow from operating activities was ¥724,513,744.63, up from ¥630,035,149.76, resulting in a net cash flow from operating activities of -¥65,966,923.49, an improvement from -¥75,288,004.27[28] - The ending balance of cash and cash equivalents was ¥121,867,997.52, down from ¥169,436,255.31, reflecting a net decrease of ¥180,540,436.20 in cash and cash equivalents[29] - The company’s cash and cash equivalents decreased by 59.71% to ¥12,186.80 million, primarily due to investments in the 7th line and the Guangzhou RTP project[9] - The company received cash from investment income amounting to ¥1,673,424.66, a decrease from ¥5,129,520.27 in the previous period[29] - Cash received from the disposal of fixed assets was ¥1,776.70, with no previous period data available[29] - The company paid ¥16,535,761.62 for the acquisition of fixed assets, down from ¥89,469,056.52 in the previous period[29] Assets and Liabilities - The company's total assets increased by 2.14% to ¥5,614,397,580.92 from ¥5,496,647,107.83 at the end of the previous year[4] - Total assets as of the end of Q1 2022 were CNY 5,614,397,580.92, compared to CNY 5,496,647,107.83 at the end of Q1 2021[22] - Total liabilities increased to CNY 1,627,599,098.46 in Q1 2022 from CNY 1,532,817,860.76 in Q1 2021, reflecting a growth of 6.2%[22] - The total current assets increased from 2,392,986,423.06 CNY to 2,581,375,315.69 CNY[20] - The accounts receivable rose from 479,998,708.57 CNY to 631,863,822.83 CNY[20] - The inventory increased from 667,461,447.03 CNY to 767,239,406.08 CNY[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,671[12] - Shenzhen Investment Holdings Co., Ltd. holds 46.21% of shares, totaling 234,069,436 shares[12] Investments and Projects - The company is progressing well with the large-size TV polarizer project, with improved yield rates and reduced manufacturing costs[14] - The investment in the RTS cutting line project is capped at 30 million CNY, with 2,382.85 million CNY invested as of March 31, 2022[15] - The company has invested a total of 42 million CNY in three projects through its subsidiary's industry fund[16] Research and Development - Research and development expenses for Q1 2022 were CNY 13,080,014.85, an increase from CNY 11,210,174.64 in Q1 2021, indicating a focus on innovation[24] Other Information - The company is awaiting a court decision regarding the cancellation of the business license for Shenzhen Xieli Automobile Co., Ltd.[18] - The report for the first quarter was not audited, indicating that the figures presented are subject to further verification[30] - The company reported a decrease in other comprehensive income, with a net amount of CNY -9,334.93 in Q1 2022 compared to CNY 134,830.38 in Q1 2021[25] - The total equity attributable to shareholders of the parent company was CNY 2,834,412,300.14, slightly up from CNY 2,816,795,889.89 in the previous year[22]