正海磁材(300224) - 2022 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2022 reached ¥1,064,854,892.07, a 71.39% increase compared to ¥621,310,677.85 in the same period last year[3] - Net profit attributable to shareholders was ¥83,723,894.18, representing a 187.97% increase from ¥29,073,734.09 year-over-year[3] - Basic earnings per share increased to ¥0.10, up 150.00% from ¥0.04 in the same period last year[3] - Operating profit for the quarter was ¥91,057,415.69, compared to ¥28,975,988.75 in Q1 2021, reflecting a growth of 213.5%[24] - The total profit for Q1 2022 was approximately ¥90.95 million, a significant increase from ¥26.65 million in Q1 2021, representing a year-over-year growth of 241.5%[26] - The net profit attributable to the parent company was approximately ¥83.72 million, compared to ¥29.07 million in the same period last year, marking a growth of 187.5%[26] Cash Flow - The net cash flow from operating activities was -¥84,640,300.58, a decrease of 257.05% compared to ¥53,893,106.03 in the previous year[3] - Cash inflows from operating activities totaled approximately ¥1.06 billion, compared to ¥662.46 million in the previous year, reflecting a growth of 60%[29] - The net cash flow from operating activities was negative at approximately -¥84.64 million, a decline from a positive ¥53.89 million in Q1 2021[29] - Cash inflows from investing activities amounted to approximately ¥263.38 million, down from ¥300.43 million in the previous year, a decrease of 12.3%[31] - The net cash flow from investing activities was approximately ¥177.50 million, compared to ¥226.83 million in the same period last year, representing a decline of 21.7%[31] - Cash inflows from financing activities were approximately ¥215.25 million, an increase from ¥146.52 million in Q1 2021, showing a growth of 46.9%[31] - The net increase in cash and cash equivalents for the period was approximately ¥17.51 million, a significant decrease from ¥223.14 million in the previous year[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,928,124,044.10, a 16.13% increase from ¥5,104,518,407.64 at the end of the previous year[3] - Current assets totaled ¥4,263,531,145.43, an increase of 18.5% from ¥3,598,308,790.62 in the previous year[21] - Non-current assets reached ¥1,664,592,898.67, up 10.5% from ¥1,506,209,617.02 year-on-year[21] - Total liabilities increased to ¥3,002,347,242.98, compared to ¥2,273,233,195.49, marking a rise of 32.0%[21] - The company's equity attributable to shareholders was ¥2,883,230,086.66, up from ¥2,789,944,446.78, indicating a growth of 3.3%[21] Expenses - The company reported a 75.55% increase in operating costs, totaling ¥889,047,772.23, due to higher sales volumes[6] - Management expenses decreased by 38.35% to ¥21,919,766.59, attributed to reclassification of repair costs to production costs[8] - The company experienced a 370.36% increase in income tax expenses, amounting to ¥6,018,161.22, due to higher total profits[8] - Research and development expenses for the quarter were ¥53,963,941.12, compared to ¥44,590,252.38 in the same period last year, reflecting an increase of 21.0%[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 60,798, with the top 10 shareholders holding 43.66% of the shares[9] - The largest shareholder, Zhenghai Group Co., Ltd., holds 43.66% of the shares, amounting to 358,080,148 shares, which are currently pledged[9] - The company has a total of 1,571,201 restricted shares released during the period, with a total of 6,626,219 restricted shares remaining[12] - The first phase employee stock ownership plan holds 16,000,079 shares, representing 1.95% of the total shares[9] - The total number of preferred shareholders is not applicable, indicating no preferred shares are currently issued[12] Inventory and Accounts Receivable - The company's inventory increased by 52.00% to ¥1,830,696,717.85, influenced by rising rare earth prices[6] - Accounts receivable increased to ¥854,141,047.61 from ¥707,730,316.47, indicating a growth in sales or credit terms[14] - Inventory at the end of the reporting period is ¥1,830,696,717.85, up from ¥1,204,394,839.98 at the beginning of the year, reflecting increased production or stockpiling[14] Company Outlook - The company has not disclosed any new strategies or future outlook in the provided documents[15]