太龙股份(300650) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥847,946,753.34, a decrease of 28.97% compared to ¥1,193,843,110.90 in the same period last year[3] - Net profit attributable to shareholders was ¥23,647,736.78, down 34.32% from ¥36,006,407.52 year-on-year[3] - Basic and diluted earnings per share decreased by 47.06% to ¥0.18 from ¥0.34 in the same period last year[3] - Total operating revenue for Q1 2022 was CNY 847,946,753.34, a decrease of 29% compared to CNY 1,193,843,110.90 in the same period last year[19] - Net profit for Q1 2022 was CNY 25,300,989.41, a decline of 29% from CNY 35,558,162.03 in Q1 2021[20] - Earnings per share for Q1 2022 were CNY 0.18, compared to CNY 0.34 in the same quarter last year[21] Cash Flow and Liquidity - The net cash flow from operating activities increased by 260.13% to ¥120,550,589.46, compared to a negative cash flow of ¥75,283,911.48 in the previous year[3] - The company's cash flow from operating activities showed a significant decline, impacting overall liquidity[20] - The net cash flow from operating activities for the current period is ¥120,550,589.46, a significant improvement compared to the previous period's net cash flow of -¥75,283,911.48[23] - Total cash inflow from operating activities is ¥976,059,270.82, while total cash outflow is ¥855,508,681.36, resulting in a net cash flow of ¥120,550,589.46[23] - The cash flow from investment activities shows a net outflow of -¥11,489,386.07, an improvement from the previous period's net outflow of -¥17,255,384.97[23] - Cash inflow from financing activities is ¥249,457,120.00, while cash outflow is ¥253,613,938.24, leading to a net cash flow of -¥4,156,818.24[23] - The ending balance of cash and cash equivalents is ¥328,274,143.06, up from ¥87,106,870.72 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,338,850,474.76, a slight decrease of 0.28% from ¥2,345,345,952.98 at the end of the previous year[3] - Total liabilities decreased to CNY 1,209,082,105.06 from CNY 1,227,407,592.51 in the previous quarter[18] - The company has a long-term investment in fixed assets amounting to ¥300,995,658.72, an increase from ¥292,612,409.49[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,758[10] - The largest shareholder, Zhuang Zhanglong, holds 22.07% of shares, totaling 28,375,800 shares, with 22,700,640 shares pledged[10] Operational Efficiency - The company's weighted average return on equity was 2.15%, down from 6.28% in the previous year, reflecting a decline of 4.13%[3] - Accounts receivable decreased to ¥304,083,340.37 from ¥422,072,911.05, a decline of about 28%[16] - Inventory decreased to ¥622,619,264.47 from ¥670,044,156.99, a reduction of approximately 7%[16] - Total current assets decreased to ¥1,445,873,996.92 from ¥1,464,361,547.07, a decline of about 1.25%[16] - The company reported a decrease in accounts payable to CNY 296,925,388.72 from CNY 457,263,084.45 in the previous quarter, reflecting improved cash management[18] Government Support and Investments - The company received government subsidies amounting to ¥1,210,096.28, contributing to its other income[6] - The company’s investment income increased by 120.38% to ¥178,629.04, attributed to higher returns from financial investments[7] - The company’s short-term borrowings increased by 41.99% to ¥330,241,996.37, primarily due to additional liquidity loans from banks[7] Research and Development - Research and development expenses increased to CNY 9,409,122.61, up from CNY 7,366,150.13 year-over-year, indicating a focus on innovation[20] Future Outlook - The company plans to enhance market expansion strategies and invest in new technologies to drive future growth[20] - The company has not disclosed any new product developments or market expansion strategies in the current report[14] - There are no significant mergers or acquisitions reported during the period[14]