中建环能(300425) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥280,398,809.60, representing a 52.22% increase compared to ¥184,200,730.27 in the same period last year[3] - The net profit attributable to shareholders decreased by 16.85% to ¥24,388,406.45 from ¥29,331,091.79 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥20,722,161.36, down 18.15% from ¥25,317,397.42 in the previous year[3] - Operating profit for the period was CNY 27,143,713.83, down 9.7% from CNY 30,107,935.63 in the same period last year[25] - Net profit attributable to the parent company was CNY 24,388,406.45, a decrease of 16.5% from CNY 29,331,091.79 in the previous year[27] - The company reported a total profit of CNY 28,124,333.23, down from CNY 32,112,164.88 in the previous year, reflecting a decline of 12.3%[27] - Basic and diluted earnings per share were both CNY 0.0361, compared to CNY 0.0434 in the previous period, indicating a decrease of 16.5%[29] Cash Flow - The company's cash flow from operating activities improved significantly, with a net cash inflow of ¥8,156,631.14 compared to a net outflow of ¥28,909,984.64 in the same period last year[3] - The net cash flow from operating activities for the reporting period was positive, indicating effective cash flow management[17] - Cash inflow from operating activities totaled CNY 243,106,138.39, down from CNY 265,810,767.55 in the previous year, a decline of 8.5%[31] - Cash outflow from operating activities was CNY 234,949,507.25, compared to CNY 294,720,752.19 in the previous year, reflecting a decrease of 20.3%[31] - The ending cash and cash equivalents balance was $315,771,189.40, compared to $253,782,978.71 at the end of the previous period[33] - The net increase in cash and cash equivalents was -$6,624,339.12, compared to -$68,987,400.23 in the previous period[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,823,559,893.89, a 0.78% increase from ¥3,794,064,535.52 at the end of the previous year[3] - The company's equity attributable to shareholders increased by 1.25% to ¥2,028,178,299.59 from ¥2,003,044,840.09 at the end of the previous year[3] - Total liabilities increased, with accounts payable rising to ¥498,367,043.44 from ¥463,370,378.00, an increase of approximately 7.0%[21] - Short-term borrowings increased to ¥456,000,000.00 from ¥421,000,000.00, reflecting a rise of about 8.3%[21] - Accounts receivable increased to ¥974,647,503.86 from ¥949,728,619.11, reflecting a rise of approximately 2.4%[19] - Inventory rose to ¥377,203,691.39 from ¥346,791,604.00, marking an increase of about 8.7%[19] Operational Insights - The company's revenue growth was not matched by profit growth due to a decline in gross margin, attributed to project delays and increased raw material costs[17] - The company is in a phase of nurturing multiple products, which is causing temporary impacts on new product conversion[17] - The company has increased its marketing and R&D investments, leading to a rise in period expenses[17] - The company is focusing on market expansion and new product development to enhance future growth prospects[17] - The company plans to continue expanding its market presence and improving cash flow management to enhance overall financial performance[6] Other Financial Metrics - The company reported a credit impairment loss of CNY 326,911.76, compared to a gain of CNY 2,847,397.86 in the previous year, indicating a significant shift in financial performance[25] - Other income decreased to CNY 2,717,943.07 from CNY 3,988,962.66, a decline of 31.9% year-over-year[25] - Research and development expenses increased to CNY 9,188,773.35, up from CNY 7,970,425.16, representing a growth of 15.3%[25] Cash Flow from Investments and Financing - Net cash flow from investing activities was -$52,129,444.90, compared to -$54,681,386.00 in the prior period[33] - Cash inflow from financing activities totaled $74,011,088.63, an increase from $32,478,096.85 in the previous period[33] - Net cash flow from financing activities was $37,348,893.03, up from $14,595,890.35 year-over-year[33] - Total cash inflow from investment activities was $16,941,491.60, significantly higher than $1,680.00 in the previous period[33] - Cash outflow for the acquisition of fixed assets and intangible assets was $69,070,936.50, compared to $54,498,312.16 previously[33] Audit Status - The company’s first quarter report was not audited[34]