Financial Performance - The company's operating revenue for Q1 2022 was CNY 103,698,599.68, representing a year-on-year increase of 34.92%[5] - The net profit attributable to shareholders for the same period was CNY 26,985,917.82, reflecting a growth of 63.51% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 21,042,406.90, an increase of 46.06% year-on-year[5] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.32, an increase of 23.08% compared to the same period last year[5] - The operating profit for Q1 2022 was 31,990,459.65 CNY, compared to 19,285,090.22 CNY in Q1 2021, indicating an increase of approximately 65.73%[20] - The company reported a total comprehensive income of 27,717,594.91 CNY for Q1 2022, compared to 17,412,488.93 CNY in Q1 2021, reflecting an increase of approximately 59.00%[21] Cash Flow and Investments - The net cash flow from operating activities was CNY 24,804,720.54, showing a decrease of 8.93% compared to the same period last year[5] - The company reported a net cash outflow from investing activities of -28,973,005.46 CNY in Q1 2022, compared to -10,506,472.18 CNY in Q1 2021[24] - The cash and cash equivalents at the end of Q1 2022 totaled 221,395,577.85 CNY, a decrease from 43,256,388.58 CNY at the end of Q1 2021[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 796,332,742.48, which is a 5.84% increase from the end of the previous year[6] - Current assets as of March 31, 2022, totaled RMB 575,195,877.26, up from RMB 552,352,673.80 at the end of 2021, reflecting a growth of approximately 4%[16] - Total liabilities as of March 31, 2022, were RMB 153,704,240.76, compared to RMB 137,687,602.32 at the end of 2021, indicating an increase of approximately 11.6%[18] - Non-current liabilities rose to RMB 68,410,497.58 from RMB 57,988,520.09, reflecting an increase of around 17.4%[18] - The company's retained earnings increased to RMB 183,445,407.82 from RMB 156,459,490.00, showing a growth of approximately 17.3%[18] Research and Development - The company's R&D investment totaled CNY 5,063,750.74, down 15.54% year-on-year, with R&D expenses accounting for 4.88% of operating revenue[6] - The company incurred research and development expenses of 5,063,750.74 CNY in Q1 2022, compared to 5,995,374.21 CNY in Q1 2021, indicating a decrease of about 15.56%[20] Market Strategy - The company reported a net profit margin improvement due to increased revenue and effective cost management strategies[19] - The company plans to focus on expanding its market presence and investing in new product development in the upcoming quarters[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,396[12]

Financial Performance - The company's operating revenue for 2021 was CNY 401,414,514, representing a 56.56% increase compared to CNY 256,404,776.81 in 2020[22]. - The net profit attributable to shareholders of the listed company increased by 70.98% to CNY 88,616,492.16 in 2021 from CNY 51,827,635.92 in 2020[22]. - The net profit after deducting non-recurring gains and losses was CNY 78,449,890.79, a 94.73% increase from CNY 40,285,872.29 in the previous year[22]. - The net cash flow from operating activities was CNY 94,162,494.68, a significant recovery from a negative cash flow of CNY -17,676,676.40 in 2020[22]. - Total assets at the end of 2021 reached CNY 752,416,785.79, up 92.06% from CNY 391,770,394.90 at the end of 2020[22]. - The net assets attributable to shareholders of the listed company increased by 98.45% to CNY 606,260,303.29 from CNY 305,491,590.90 in 2020[22]. - Basic earnings per share rose to 1.24 CNY, reflecting a 53.09% increase compared to 2020[24]. - The gross profit margin improved to 37.35%, up by 1.51 percentage points compared to the previous year[107]. - The company reported a net profit margin of 18%, up from 15% in the previous year[163]. Dividend Distribution - The proposed profit distribution plan for 2021 includes a cash dividend of RMB 6.00 per 10 shares, totaling approximately RMB 51,264,480.00, which accounts for 57.85% of the net profit attributable to shareholders[7]. - The company will not conduct capital reserve transfers to increase share capital or issue bonus shares for the 2021 fiscal year[7]. - The company has a cash dividend policy that aims to distribute at least 30% of the average distributable profit over the next three years in cash[183]. - There were no adjustments made to the cash dividend policy during the reporting period[188]. Research and Development - The company achieved a total R&D investment of ¥22,450,069.64 in the current year, representing a 36.52% increase compared to ¥16,444,992.94 in the previous year[69]. - R&D investment accounted for 5.59% of total revenue, a decrease of 0.82 percentage points from the previous year's 6.41%[69]. - The company has developed multiple core technologies, including low-temperature high-flow non-crystalline powder preparation technology, which is now in mass production and considered industry-leading[64]. - The company has completed research on 44 R&D projects, with 7 concluded and 37 ongoing, focusing on high-performance materials for emerging applications such as 3D printing and soft magnetic materials[78]. - The company is focusing on the development of soft magnetic powder materials for electrical applications, which requires extensive testing and development efforts[70]. Market and Industry Trends - The domestic powder metallurgy industry is fragmented, with no dominant players, and is expected to undergo consolidation as demand for powder materials increases[53]. - The market for metal powders, including carbonyl iron powder and atomized alloy powder, is anticipated to grow due to advancements in powder metallurgy technology and applications in high-end markets[54]. - The growth of 5G, IoT, and new energy sectors is projected to drive rapid expansion in the powder materials market, particularly in high-end consumer electronics and automotive applications[59]. - The company is actively participating in various domestic and international trade shows to explore market conditions and identify potential customers[51]. Operational Efficiency - The company has optimized its product structure, increasing the shipment proportion of high value-added products, resulting in profit growth outpacing revenue growth[35]. - The company is enhancing its production processes to ensure product quality stability, aiming to reduce batch-to-batch differences in powder products[39]. - The company aims to improve production efficiency with new equipment, increasing single furnace capacity by over 100%[76]. - The company is accelerating its automation transformation to improve product quality stability and reduce human error in the quality system[150]. Corporate Governance - The company has established a sound corporate governance structure, including a board of directors, independent directors, and a supervisory board, ensuring effective internal control and management[191]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal requirements[154]. - The company has strengthened its internal control system to improve risk prevention capabilities and operational standards[155]. - The company actively engages with shareholders and investors, ensuring fair treatment and safeguarding their rights[156]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities, indicating its commitment to environmental regulations[197]. - The company has established a 2000 cubic meter wastewater treatment facility, ensuring that wastewater meets national discharge standards before entering the industrial park's sewage treatment system[200]. - The company actively promotes ESG initiatives, integrating them into its corporate culture to support sustainable development[195]. - The company has implemented a dual-channel promotion path and stock incentive mechanism to motivate employees and enhance productivity[196]. Employee Management - The company has a total of 68 R&D personnel, accounting for 14.81% of the total workforce, a decrease from 17.63% in the previous year[81]. - The average salary of R&D personnel increased to CNY 12.97 million, up from CNY 9.76 million in the previous period[81]. - The company has developed an annual training plan to enhance employee skills and align with strategic development needs[181]. - The company has no plans for labor outsourcing, indicating a focus on internal workforce management[182].

2021 年第三季度报告 证券代码：688786 证券简称：悦安新材 江西悦安新材料股份有限公司 2021 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 | 年初至报告期末 | 年初至报告期 | | --- | --- | --- | --- | --- | | | | 比上年同 | | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 128,505,133.97 | 48.84 | 303,663,2 ...