劲拓股份(300400) - 2022 Q1 - 季度财报

Financial Performance - The company reported a revenue of CNY 129.53 million for Q1 2022, a decrease of 39.71% compared to the same period last year[6]. - The net profit attributable to shareholders was CNY 6.72 million, down 80.75% year-on-year[6]. - The net profit for Q1 2022 was CNY 6,428,072.67, a significant decrease from CNY 34,529,785.03 in Q1 2021, representing an 81.4% decline[30]. - Operating profit for Q1 2022 was CNY 5,983,220.14, down from CNY 38,233,491.95 in the same period last year, indicating a decrease of 84.4%[30]. - The total comprehensive income for Q1 2022 was CNY 6,418,644.00, significantly lower than CNY 34,564,271.55 in the same quarter last year, a drop of 81.5%[31]. - The basic earnings per share for Q1 2022 was CNY 0.03, compared to CNY 0.14 in Q1 2021, a decrease of 78.6%[31]. Cash Flow and Operating Activities - The net cash flow from operating activities was negative CNY 8.76 million, a decline of 120.84% compared to the previous year[12]. - The cash flow from operating activities showed a net outflow of CNY -8,755,510.74, contrasting with a net inflow of CNY 42,003,733.73 in the previous year[34]. - Cash and cash equivalents at the end of Q1 2022 were CNY 208,985,820.15, down from CNY 246,055,490.99 at the beginning of the period, a decrease of 15.0%[35]. Orders and Inventory - The total amount of orders on hand was approximately CNY 434 million, with CNY 148 million of shipped products pending acceptance[3]. - The total amount of orders on hand is approximately 434 million RMB, with 148 million RMB of shipped but unaccepted orders and 286 million RMB of undelivered orders[19]. - Inventory increased to RMB 248,118,061.48 from RMB 218,058,714.80, representing an increase of approximately 13.8%[25]. Costs and Expenses - The company experienced a 38.22% decrease in operating costs, amounting to CNY 81.90 million, primarily due to the impact of the pandemic[11]. - The total operating costs for the first quarter of 2022 were RMB 126,176,549.15, down from RMB 186,200,199.01 in the previous year, indicating a reduction of about 32.3%[29]. - Research and development expenses decreased by 43.43% to CNY 6.99 million, attributed to reduced material procurement[11]. - Research and development expenses were CNY 6,992,333.43, down from CNY 12,360,595.63 in Q1 2021, marking a reduction of 43.5%[30]. - The company reported a total operating expenses of CNY 203,197,612.37, slightly lower than CNY 204,601,498.72 in Q1 2021, indicating a marginal decrease of 0.7%[34]. Assets and Liabilities - The company’s total assets decreased by 2.09% to CNY 1.21 billion compared to the end of the previous year[6]. - As of March 31, 2022, the company's total assets amounted to RMB 1,206,036,200.12, a decrease from RMB 1,231,839,311.01 at the beginning of the year[27]. - The company's total liabilities as of March 31, 2022, were RMB 437,069,845.56, down from RMB 473,871,988.99 at the start of the year[27]. Shareholder and Governance - The controlling shareholder, Wu Xian, has pledged 24,618,182 shares, accounting for 30.88% of his total holdings and 10.15% of the company's total shares[19]. - The company has not identified any significant risks related to the pledged shares that would impact its operations or governance[19]. Future Outlook and Operations - The company plans to return to normal operations as the pandemic situation gradually improves[3]. - The company is optimistic about the recovery of market demand as the pandemic situation improves, alongside the acceleration of domestic high-end equipment substitution trends[19]. - The company has implemented measures to ensure operational continuity during the pandemic, including closed-loop operations and remote work[18]. - The company has made improvements to employee welfare, including enhanced meal options and recreational facilities within the factory[18]. Dividends - The company plans to distribute a cash dividend of RMB 5.00 per 10 shares, totaling RMB 119,832,490.00, based on a total share capital of 239,664,980 shares as of December 31, 2021[21].