天海防务(300008) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥318,672,199.04, representing a 76.48% increase compared to ¥180,572,044.65 in the same period last year[5] - Net profit attributable to shareholders decreased by 51.34% to ¥5,710,698.89 from ¥11,736,535.37 year-on-year[5] - The basic earnings per share decreased by 51.47% to ¥0.0033 from ¥0.0068 in the same period last year[5] - The weighted average return on equity fell to 0.34% from 0.71% year-on-year[5] - The net profit for Q1 2022 was CNY 5,609,591.19, a decrease of 52.0% compared to CNY 11,702,136.55 in Q1 2021[23] - Operating profit for Q1 2022 was CNY 5,684,282.98, down 50.1% from CNY 11,384,049.51 in the same period last year[23] - The company reported a net loss of ¥1,762,159,667.29, slightly improved from a loss of ¥1,767,870,366.18 in the previous period[20] - Total revenue from sales and services received in Q1 2022 was CNY 457,169,542.80, significantly up from CNY 191,034,244.08 in Q1 2021, representing an increase of 139.9%[25] - The company experienced a total comprehensive income of CNY 5,609,591.19 in Q1 2022, down from CNY 11,702,136.55 in Q1 2021[23] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥90,928,092.68, a decline of 142.88% compared to -¥37,437,895.06 in the previous year[5] - Cash and cash equivalents decreased to ¥264,518,752.73 from ¥399,663,912.97 at the beginning of the year, representing a decline of 33.8%[18] - The company reported a cash and cash equivalents balance of CNY 59,943,611.45 at the end of Q1 2022, down from CNY 281,464,559.74 at the end of Q1 2021[26] - The total cash outflow from investing activities was CNY 14,778,495.14, compared to CNY 2,195,565.88 in Q1 2021[26] - The net cash flow from financing activities was CNY -7,362,944.60, compared to CNY -1,432,058.91 in the previous year[26] - Total assets increased by 14.60% to ¥2,808,647,123.22 from ¥2,450,762,071.17 at the end of the previous year[5] - Current liabilities surged to ¥1,032,454,930.48 from ¥680,782,650.38, an increase of 51.7%[19] - The company’s total equity stood at ¥1,680,142,237.66, slightly up from ¥1,673,397,506.57, showing a marginal increase of 0.4%[20] Inventory and Expenses - The company's inventory rose by 17.23% to ¥229,604,719.95, attributed to material purchases for shipbuilding projects[9] - Total operating costs amounted to ¥321,251,631.44, up 75.5% from ¥183,146,185.99 year-over-year[21] - Management expenses increased by 54.96% to ¥32,445,090.56, driven by expanded revenue scale and increased personnel costs[9] - Research and development expenses for the quarter were ¥11,160,349.95, compared to ¥8,227,424.81 in the previous period, marking a rise of 35.5%[21] Shareholder Information - The company reported a total of 216,000,000 shares held by Xiamen Longhai Heavy Energy Investment Partnership, accounting for 12.50% of total shares[12] - Liu Nan holds 144,196,453 shares, representing 8.34% of total shares, with 1,400,000 shares frozen[12] - China Great Wall Asset Management Co., Ltd. holds 106,429,235 shares, which is 6.16% of total shares[12] - The company has a total of 296,859,062 restricted shares, with no new restrictions added during the reporting period[14] - The top ten shareholders hold a total of 296,859,062 shares, representing a significant portion of the company's equity[14] - The company is actively managing its shareholder structure, with several shares frozen or pledged among key stakeholders[12] - The company has 70,312,500 shares held by Li Lu, which is 4.07% of total shares, with all shares pledged[12] Contracts and Settlements - The company received the first payment of $40 million from H&C (Singapore) on April 19, 2022, related to the settlement of two vessels[16] - The company is in discussions with H&C (Singapore) regarding the early termination of contracts for vessels DJHC8008 and DJHC8009, with a completion estimate by the end of June 2022[16] - The company has been covering the monthly rental payments for the two vessels until the transaction is finalized[16] Market Activity - The company did not report any new product launches or significant market expansion strategies during the quarter[24]