清水源(300437) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥529,847,733.13, representing a 59.17% increase compared to ¥332,879,279.21 in the same period last year[3] - Net profit attributable to shareholders reached ¥76,206,261.70, a significant increase of 2,114.93% from ¥3,440,571.91 in the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥74,557,476.87, up 2,183.29% from ¥3,265,354.82 year-on-year[3] - Basic earnings per share increased to ¥0.2942, reflecting a growth of 1,785.90% compared to ¥0.0156 in the same quarter last year[3] - Total operating revenue for Q1 2022 reached ¥529,847,733.13, a significant increase of 59.0% compared to ¥332,879,279.21 in the same period last year[17] - Net profit for Q1 2022 was ¥76,108,908.44, compared to ¥5,289,306.35 in Q1 2021, representing a substantial increase of 1,355.5%[18] - The company reported a total comprehensive income of ¥76,100,356.20 for Q1 2022, compared to ¥5,294,690.25 in the same quarter last year, showcasing improved overall performance[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,575,697,227.98, a slight decrease of 0.24% from ¥3,584,419,971.31 at the end of the previous year[3] - The company's total assets as of March 31, 2022, amounted to ¥3,575,697,227.98, slightly down from ¥3,584,419,971.31 at the beginning of the year[15] - Current assets totaled ¥1,885,982,522.77, showing a marginal increase from ¥1,879,174,214.73 at the start of the year[14] - The total liabilities decreased to ¥1,856,435,522.58 from ¥1,941,725,959.06, indicating a reduction of 4.4%[15] - Cash and cash equivalents at the end of Q1 2022 were ¥536,668,249.89, down from ¥568,298,528.37 at the beginning of the year, a decrease of 5.6%[14] - Total cash and cash equivalents at the end of Q1 2022 stood at ¥208,526,813.69, slightly down from ¥214,524,611.83 at the end of Q1 2021[22] Cash Flow - The company reported a net cash flow from operating activities of -¥64,360,591.74, a decline of 245.71% compared to ¥44,168,951.46 in the same period last year[3] - The net cash flow from operating activities for Q1 2022 was -¥64,360,591.74, a decline from ¥44,168,951.46 in the previous year, reflecting challenges in cash generation[20] - Cash inflows from financing activities amounted to ¥440,788,667.43 in Q1 2022, an increase from ¥424,647,719.38 in Q1 2021, indicating stronger financing efforts[22] - The cash outflows from operating activities totaled ¥299,203,231.98 in Q1 2022, compared to ¥572,785,217.23 in the previous year, showing a reduction in cash expenses[20] - The company incurred investment cash outflows of ¥5,213,822.57 in Q1 2022, down from ¥33,166,508.58 in the same period last year, reflecting a decrease in capital expenditures[22] - The net cash flow from financing activities was positive at ¥15,997,561.85 for Q1 2022, contrasting with a negative cash flow of -¥117,963,152.86 in Q1 2021, indicating improved financing conditions[22] Operational Developments - The company is in the early stages of a project to build a 100,000-ton per year phosphorus pentachloride production facility, with ongoing discussions with regulatory authorities[12] - The company received a government subsidy of ¥36,051.93 related to its normal business operations during the reporting period[5] - The company is closely monitoring the progress of a litigation case regarding the transfer and repurchase of shares, which may impact future operations[12] - The company did not conduct any mergers or acquisitions during the reporting period, focusing instead on organic growth strategies[19] Cost Management - Total operating costs for Q1 2022 were ¥427,763,717.10, up from ¥338,168,426.92, reflecting a year-over-year increase of 26.5%[18] - The company reported a significant increase in research and development expenses, totaling ¥4,068,977.84, down from ¥7,753,003.35 in the previous year, indicating a focus on cost management[18] - Accounts receivable increased to ¥378,539,574.39 from ¥338,273,140.22, reflecting a growth of 11.9%[14] - Inventory levels rose to ¥235,036,890.51, compared to ¥206,760,460.09 at the beginning of the year, an increase of 13.7%[14] Return on Equity - The weighted average return on equity rose to 4.58%, up from 0.29% in the previous year[3]