惠城环保(300779) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥51,331,924.55, a decrease of 24.34% compared to ¥67,845,131.02 in the same period last year[2]. - The net profit attributable to shareholders was -¥5,483,792.05, representing a decline of 226.49% from ¥4,335,419.53 year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥7,391,083.68, a decrease of 333.76% compared to ¥3,161,856.66 in the previous year[2]. - Basic and diluted earnings per share were both -¥0.05, a decrease of 225.00% from ¥0.04 in the previous year[2]. - The total comprehensive income attributable to the parent company was -5,492,447.40 CNY, compared to 4,525,265.24 CNY in the previous period[18]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥35,160,812.94, which is an 84.00% decline from -¥19,109,412.10 in the same period last year[2]. - Cash inflow from operating activities totaled 34,666,112.48 CNY, a decrease from 37,815,650.25 CNY year-over-year[21]. - Net cash outflow from operating activities was -35,160,812.94 CNY, compared to -19,109,412.10 CNY in the previous period[22]. - Cash inflow from investment activities was 85,214,003.93 CNY, while cash outflow was 222,889,751.35 CNY, resulting in a net cash outflow of -137,675,747.42 CNY[22]. - Cash inflow from financing activities was 178,821,294.90 CNY, compared to 160,000,000.00 CNY in the previous period[22]. - The ending balance of cash and cash equivalents was 144,356,034.72 CNY, down from 179,967,782.55 CNY in the previous period[22]. - The company's cash and cash equivalents decreased from RMB 224.45 million at the beginning of the year to RMB 163.37 million at the end of the period, a decline of approximately 27.2%[13]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,722,225,241.32, an increase of 6.90% from ¥1,611,113,628.78 at the end of the previous year[2]. - Non-current liabilities rose to CNY 651,978,674.91, compared to CNY 544,700,006.30, marking an increase of 19.6%[15]. - The total liabilities of the company reached CNY 1,000,464,375.04, up from CNY 883,909,291.65, reflecting an increase of 13.2%[15]. - The equity attributable to shareholders of the parent company decreased to CNY 721,760,866.28 from CNY 727,204,337.13, a decline of 0.6%[15]. - Shareholders' equity attributable to the parent company was ¥721,760,866.28, a slight decrease of 0.75% from ¥727,204,337.13 at the end of the previous year[2]. Operational Challenges - The decline in revenue was mainly attributed to the impact of the COVID-19 pandemic, affecting the operational rates of downstream customers and logistics[7]. - The company faced significant impacts on sales and revenue due to COVID-19 outbreaks and logistics disruptions, leading to a decrease in performance[10]. Strategic Initiatives - The company is actively expanding its market and improving internal management to enhance cost control and profitability[10]. - The company plans to continue its focus on cost reduction and efficiency improvement to strengthen its core competitiveness[10]. - The company has issued convertible bonds, which began trading on July 26, 2021, with a conversion period until July 6, 2027[10]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,838[8]. - The total number of restricted shares at the beginning of the period was 30,117,946, with 2,229,196 shares released during the period[11]. Research and Development - Research and development expenses for Q1 2022 were CNY 3,485,687.96, a decrease of 14.9% from CNY 4,098,309.02 in the previous year[17]. Inventory and Receivables - Accounts receivable increased from RMB 100.59 million to RMB 115.85 million, representing a growth of about 15.1%[13]. - The company's inventory rose from RMB 85.09 million to RMB 115.98 million, an increase of approximately 36.5%[13]. Audit Status - The report was not audited, indicating that the figures may be subject to change upon further review[23].