Securities code: Konfoong Materials International Co.Ltd(300666) securities abbreviation: Konfoong Materials International Co.Ltd(300666) Announcement No.: 2022061 bond Code: 123123 bond abbreviation: Jiangfeng convertible bond
Konfoong Materials International Co.Ltd(300666)
First quarter report 2022
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions. Important content tips: 1. The board of directors, the board of supervisors, directors, supervisors and senior managers guarantee that the quarterly report is true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 2. The person in charge of the company, the person in charge of accounting and the person in charge of the accounting organization (Accounting Supervisor) declare that they guarantee the authenticity, accuracy and completeness of the financial information in the quarterly report. 3. Whether the first quarter report has been audited □ yes √ No 1. Main financial data (I) main accounting data and financial indicators whether the company needs to retroactively adjust or restate the accounting data of previous years □ yes √ no
Increase or decrease in the reporting period compared with the same period of the previous year
Operating income (yuan): 4896576482931736647499 54.29%
Net profit attributable to shareholders of listed company (yuan): 33443542091758816303 90.15%
Net profit attributable to shareholders of listed companies after deducting non recurring losses of 42359725832175068727 and 94.75% (yuan)
Net cash flow from operating activities (yuan) -6719924842 -2923220969 -129.88%
Basic earnings per share (yuan / share) 0.14 0.08 75.00%
Diluted earnings per share (yuan / share) 0.14 0.08 75.00%
Weighted average return on net assets 2.27%, 1.62%, 0.65%
Increase or decrease at the end of the reporting period compared with the end of the previous year
Total assets (yuan): 324964457610290143634037 12.00%
Owner’s equity attributable to shareholders of listed company (yuan): 163209634606145671217889 12.04%
(II) non recurring profit and loss items and amount √ applicable □ not applicable
Unit: Yuan
Description of the amount of the project in the current reporting period
Gains and losses on disposal of non current assets (including the write off part of the provision for asset impairment) -46382133
Government subsidies included in current profits and losses (closely related to the company’s normal business, consistent with
Government subsidy 205292480 in accordance with national policies and regulations and in accordance with certain standards, quotas or quotas
Except for the effective hedging business related to the normal business of the company, the holding transaction
Profit and loss from changes in fair value arising from trading financial assets and trading financial liabilities, and -1195740513
Investment income from disposal of trading financial assets, trading financial liabilities and available for sale financial assets
Other non operating income and expenditure other than the above items 3316501
Less: income tax impact -145728952
Influence amount of minority shareholders’ equity (after tax) 3833661
Total -891618374–
Details of other profit and loss items that meet the definition of non recurring profit and loss: □ applicable √ not applicable. The company does not have details of other profit and loss items that meet the definition of non recurring profit and loss. Description of defining the non recurring profit and loss items listed in the explanatory announcement on information disclosure of companies offering securities to the public No. 1 – non recurring profit and loss as recurring profit and loss items □ applicable √ not applicable the company does not define the non recurring profit and loss items listed in the explanatory announcement on Information Disclosure of companies offering securities to the public No. 1 – non recurring profit and loss as recurring profit and loss items.
(III) changes and reasons of main accounting data and financial indicators √ applicable □ not applicable
1. Major changes in balance sheet items
Reasons for changes in the proportion of increase and decrease at the end of the current reporting period and the end of the previous year
Prepayment 25053713581013432104 147.22% was mainly due to the increase of prepayment for materials during the reporting period.
Other receivables 13265709772 Visual China Group Co.Ltd(000681) 321 – 33.69% were mainly due to the change in the amount of equity incentive exercise capital.
Other non current assets 83571852406395697013 30.67% were mainly due to the increase of prepayments for fixed assets at the end of the reporting period.
The short-term loan of 5465759202537644474793 is mainly due to the fact that the company obtained 45.19% of the bank loan according to the overall financing planning and arrangement.
The payroll payable was 20946480563722238024 – 43.73%, mainly due to the payment of year-end bonus in 2021 during the reporting period.
The lease liabilities of 3411591162 and 2328177165 were mainly due to the accounting of 46.53% of the company’s new leases in accordance with the new lease standards during the reporting period.
Minority shareholders’ equity 32005529907740335 – 96.47% was mainly due to the change in the net profit of non wholly owned subsidiaries during the reporting period.
2. Significant changes in items in the consolidated income statement
Reasons for the increase / decrease ratio of the project from the beginning of the year to the end of the reporting period in the same period of last year
The operating revenue was 48965764829 and 31736647499, accounting for 54.29%, mainly due to the steady growth of the company’s sales revenue.
The operating cost is 34294885093 and 22242432992, which is mainly due to the continuous steady growth of the company’s sales revenue, corresponding to the cost increase of 54.19%.
The management fee is 34825516182083839138, which is mainly caused by the completion of granting 67.12% of restricted shares to incentive objects during the reporting period and the amortization of equity incentive expenses.
Financial expenses 1248961405229909005 443.24% were mainly due to the accrual of convertible bond interest during the reporting period.
The income from changes in fair value (loss) -1195740513 -790130394 was mainly due to the decrease in the income from changes in fair value of – 51.33% of the joint venture invested in Qingdao Juyuan Xinxing equity investment during the reporting period.
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Credit impairment loss (loss expressed in “-” 135156470 – 317833235) was 57.48%, mainly due to the decrease of bad debt loss accrued during the reporting period.
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3. Significant changes in items in the consolidated cash flow statement
Reasons for the increase / decrease ratio of the project from the beginning of the year to the end of the reporting period in the same period of last year
48156805307, 27572546050 and 74.65% of the income received from the sale of goods and the provision of labor services were mainly due to the continuous growth of sales, the collection according to the accounting period and the increase of cash received.
452294148012355949494409 91.98% of the payment for purchasing goods and receiving labor services was mainly due to the continuous growth of sales during the reporting period, the increase in cash demand for raw materials and the increase in goods preparation in order to ensure safety inventory.
67801232644842146950 and 40.02% of the payments to and for employees were mainly due to the cash paid for the increase of the company’s personnel and salary adjustment during the reporting period.
721563205, 275328262 and 162.07% of the taxes paid were mainly due to the increase of income tax paid during the reporting period.
Other 10.1 million.00 yuan received related to investment activities is mainly the cash received from the original holding subsidiary “precious titanium materials” during the reporting period
