兴源环境(300266) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥251,267,905.95, a decrease of 33.16% compared to ¥375,940,576.28 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥25,042,297.35, which is a 5.29% increase in loss from ¥23,783,551.15 in the previous year[4] - The net cash flow from operating activities was -¥250,809,978.06, representing a significant decline of 233.96% compared to -¥75,100,853.85 in the same period last year[4] - The net loss for Q1 2022 was CNY 26,806,283.42, compared to a net loss of CNY 22,667,001.46 in the same period last year[24] - Basic and diluted earnings per share for Q1 2022 were both -0.02, consistent with the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,608,199,650.19, down 2.64% from ¥11,923,156,613.24 at the end of the previous year[4] - The total liabilities decreased to CNY 9,439,563,255.99 from CNY 9,728,842,516.39[23] - The total equity attributable to shareholders of the parent company was CNY 1,824,905,380.28, down from CNY 1,848,822,311.43[23] - The company's cash and cash equivalents decreased to ¥712,709,796.26 from ¥904,619,850.39, representing a decline of about 21.2%[18] - Accounts receivable stood at ¥1,237,440,096.07, down from ¥1,272,288,818.75, indicating a decrease of approximately 2.74%[18] - Inventory increased to ¥335,560,246.35 from ¥268,977,915.19, marking an increase of around 24.8%[18] - Short-term borrowings rose to ¥1,689,049,886.96 from ¥1,666,577,318.47, reflecting an increase of about 1.35%[19] - Accounts payable decreased to ¥2,154,223,149.91 from ¥2,517,932,260.63, showing a decline of approximately 14.4%[19] - The total current liabilities amounted to ¥5,000,000,000, which is a significant portion of the total liabilities[19] Cash Flow - The cash inflow from operating activities was CNY 574,385,261.66, compared to CNY 574,881,232.62 in the previous period[26] - The cash outflow from operating activities totaled CNY 825,195,239.72, an increase from CNY 649,982,086.47 in the prior period[26] - The net cash flow from investing activities was CNY 48,257,909.91, a significant improvement from -CNY 231,140,324.88 in the previous period[27] - The cash inflow from financing activities was CNY 1,129,094,818.59, compared to CNY 1,019,091,852.00 in the prior period[27] - The net cash flow from financing activities was CNY 6,394,988.40, down from CNY 46,039,854.91 year-over-year[27] - The ending cash and cash equivalents balance was CNY 485,777,964.63, a decrease from CNY 729,704,052.46 in the previous period[27] Operational Highlights - The company reported a significant increase in pre-receivables by 53.82%, rising to ¥7,276.43 from ¥4,730.38[7] - The company experienced a 910.16% increase in advance receipts, which rose to ¥2,097.49 from ¥207.64[7] - The company recorded a non-operating income of ¥16,760,158.58, primarily from non-current asset disposal gains[6] - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company did not conduct an audit for the first quarter report[28] Expenses - Total operating costs decreased to CNY 301,037,035.81 from CNY 405,542,761.32, with operating costs specifically down to CNY 215,335,854.66 from CNY 317,116,777.88[23] - Research and development expenses were CNY 15,613,204.22, down from CNY 19,489,311.86[23] - The company reported a decrease in financial expenses to CNY 29,153,056.34 from CNY 26,932,695.56, with interest expenses rising significantly to CNY 79,020,886.92 from CNY 37,501,775.18[23]