海力风电(301155) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥153,257,567.98, a decrease of 86.03% compared to ¥1,097,382,456.30 in the same period last year[6] - Net profit attributable to shareholders was ¥62,036,353.76, down 70.27% from ¥208,649,362.10 year-on-year[6] - The basic earnings per share decreased by 77.34% to ¥0.29 from ¥1.28 in the same period last year[6] - Total operating revenue for the current period is ¥153,257,567.98, a significant decrease from ¥1,097,382,456.30 in the previous period[43] - Net profit for the current period is ¥63,630,175.50, down from ¥226,253,594.74 in the previous period[46] - Total comprehensive income amounted to CNY 63,630,175.50, a decrease from CNY 226,253,594.74 in the previous period[49] - Basic and diluted earnings per share were both CNY 0.29, down from CNY 1.28 year-over-year[49] Cash Flow and Liquidity - The net cash flow from operating activities was -¥145,796,951.81, a significant decline of 1,820.64% compared to ¥8,473,390.23 in the previous year[6] - Cash received from sales and services was ¥156,667,791.76, a decrease of 75.48% compared to the previous period, attributed to a slowdown in downstream project construction during the initial phase of offshore wind power parity grid connection[16] - Cash inflow from operating activities totaled CNY 280,448,343.96, significantly lower than CNY 699,855,542.69 in the prior period[53] - Net cash outflow from operating activities was CNY -145,796,951.81, compared to a positive cash flow of CNY 8,473,390.23 last year[53] - The ending balance of cash and cash equivalents was ¥2,018,957,974.33, an increase of 2833.68% compared to the previous period, primarily due to a large amount of funds raised from the initial public offering[16] - The ending balance of cash and cash equivalents was CNY 2,018,957,974.33, down from CNY 68,819,926.68 at the end of the previous period[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,597,448,432.54, down 2.89% from ¥6,793,513,687.35 at the end of the previous year[6] - The company's total assets decreased from ¥6,793,513,687.35 to ¥6,597,448,432.54[41] - Total liabilities decreased from ¥1,225,095,025.83 to ¥965,399,595.52[41] - The company’s total liabilities increased by 47.95% in short-term borrowings, reaching ¥200,000,000.00 from ¥135,181,698.62 last year[13] - The total current assets decreased from ¥5,954,522,316.01 to ¥5,695,539,759.09, reflecting a reduction of about 4.4%[36] - The company's inventory increased to ¥320,938,172.86 from ¥260,337,730.59, marking a rise of approximately 23.3%[36] Government Support and Subsidies - The company received government subsidies amounting to ¥80,363,965.06, primarily due to tax refunds[8] - Cash received from other operating activities increased by 103.25% to ¥123,780,552.20, mainly due to government subsidies[16] Operational Challenges and Market Outlook - The company reported a significant decline in performance due to the end of the "rush installation tide" and the impact of the pandemic on project construction speed[27] - The company is facing risks related to potential reductions in government support for the wind power industry, which could adversely affect revenue and profit levels[32] - The company expects the offshore wind power industry to see an additional installed capacity of over 50GW during the "14th Five-Year Plan" period, indicating a positive market outlook[30] - The company plans to actively participate in bidding for offshore wind projects, with an estimated 15GW of projects expected to be tendered in 2022[30] - The company aims to enhance its operational efficiency and cost control measures to improve overall profitability[30] - The company is committed to maintaining its market share and competitive advantage in the offshore wind power sector[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,832[17] - The largest shareholder, Xu Shijun, holds 31.92% of the shares, totaling 69,399,876 shares[17] Research and Development - Research and development expenses for the current period are ¥3,539,442.95, down from ¥4,270,972.65 in the previous period[43] Financial Expenses - The company reported a financial expense of -¥7,131,936.61, compared to ¥6,053,754.91 in the previous period[46]