苏常柴B(200570) - 2022 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2022 was ¥675,718,729.65, a decrease of 12.72% compared to ¥774,218,489.69 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥31,087,265.83, compared to a profit of ¥24,571,254.83 in the previous year[3] - The net profit attributable to shareholders decreased by ¥55,658,520.66, impacted by supply chain disruptions and increased raw material costs due to the pandemic[9] - Operating profit for the current period is -$38.63 million, compared to a profit of $29.42 million in the previous period[19] - Net profit for the current period is -$31.12 million, a significant decline from a profit of $24.66 million in the previous period[20] Cash Flow and Liquidity - The net cash flow from operating activities improved, with a net cash flow of -¥47,199,474.48, an increase from -¥184,484,392.45 year-on-year[3] - Cash flow from operating activities shows a net outflow of -$47.20 million, improving from -$184.48 million in the previous period[23] - Cash and cash equivalents decreased to CNY 610,076,929.08 from CNY 707,966,678.74, showing a reduction in available cash[15] - Cash and cash equivalents at the end of the period stand at $490.17 million, compared to $356.27 million at the end of the previous period[24] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,838,318,261.38, a decrease of 0.45% from ¥4,860,382,961.26 at the end of the previous year[3] - The company's total liabilities increased to CNY 1,850,141,857.79 from CNY 1,763,408,711.95, indicating a rise in financial obligations[17] - The company's total equity decreased to CNY 2,988,176,403.59 from CNY 3,096,974,249.31, reflecting a decline in shareholder value[17] Accounts Receivable and Inventory - Accounts receivable increased by ¥417,768,603.86, up 111.34%, due to market expansion and longer payment terms with customers[6] - Accounts receivable increased significantly to CNY 792,977,730.34 from CNY 375,209,126.48, indicating improved sales or credit terms[15] - Inventory levels decreased to CNY 538,250,890.61 from CNY 651,083,758.18, suggesting better inventory management or reduced production[15] Investments and Acquisitions - The company successfully acquired a 41.5% stake in Zhenjiang Sihua Diesel Engine Manufacturing Co., Ltd., resulting in an increase in long-term equity investments by ¥33,520,800.00[6] - The company successfully acquired a 41.5% stake in Zhenjiang Sihua Diesel Engine Manufacturing Co., Ltd. for CNY 33,520,800.00, enhancing its market position[13] Financial Performance and Expenses - Financial expenses decreased by ¥3,710,731.26, primarily due to increased interest income during the reporting period[8] - The company reported an increase in investment income of ¥1,965,788.97, a year-on-year increase of 1050.72% from cash management activities[8] - Total operating costs decreased to $677.47 million, a reduction of 8.2% from $737.85 million in the previous period[19] - The company experienced a decrease in sales expenses to $29.57 million, down from $34.87 million in the previous period[19] - Research and development expenses remained stable at $19.65 million, slightly up from $19.12 million in the previous period[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,650[10] - Basic and diluted earnings per share for the current period are both -$0.0441, down from $0.0438 in the previous period[20] Other Comprehensive Income - The company reported a significant other comprehensive loss of -$77.68 million, contrasting with a gain of $128.17 million in the previous period[20]