华工科技(000988) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 2,858,113,370.50, representing a 59.81% increase compared to CNY 1,788,486,180.98 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was CNY 225,973,833.05, a 98.73% increase from CNY 113,711,715.18 year-on-year[4] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.22, doubling from CNY 0.11 in the same quarter last year[4] - Operating profit for the current period was ¥237,492,825.27, compared to ¥134,110,910.82 in the previous period, reflecting a growth of approximately 77%[15] - Net profit for the current period was ¥218,309,759.99, which is a substantial increase from ¥111,835,264.62, marking an increase of around 95%[15] Cash Flow - The net cash flow from operating activities improved to -CNY 136,645,953.12, a 34.58% reduction in losses compared to -CNY 208,880,421.27 in Q1 2021[7] - Cash inflow from operating activities totaled ¥2,318,853,144.71, compared to ¥1,614,678,698.22 in the previous period, representing an increase of approximately 43%[17] - The net cash flow from financing activities was 604,488,388.29 CNY, significantly higher than 105,462,952.96 CNY in the previous year[18] - The ending balance of cash and cash equivalents was 2,539,133,742.90 CNY, down from 2,879,126,763.47 CNY year-over-year[18] - The company experienced a negative impact of -357,504.23 CNY from exchange rate fluctuations on cash and cash equivalents[18] Assets and Liabilities - Total assets as of March 31, 2022, were CNY 14,607,073,098.91, a 5.21% increase from CNY 13,883,855,677.61 at the end of the previous year[4] - Current assets decreased to RMB 9.72 billion from RMB 9.97 billion, a decline of about 2.6%[11] - Total liabilities rose to RMB 6.95 billion from RMB 6.46 billion, an increase of about 7.6%[13] - Short-term borrowings increased significantly to RMB 948.99 million from RMB 570.55 million, reflecting an increase of approximately 66.1%[12] Equity and Shareholder Information - The total equity attributable to shareholders increased to CNY 7,619,929,638.61, a 3.13% rise from CNY 7,388,802,134.38 at the end of the previous year[4] - The equity attributable to shareholders of the parent company increased to RMB 7.62 billion from RMB 7.39 billion, a growth of about 3.1%[13] - The company reported a total of 191,045,514 shares held by Wuhan Donghu Innovation Technology Investment Co., Ltd., the largest shareholder[9] Research and Development - Research and development expenses increased by 30.51% to CNY 103,886,512.85, reflecting the company's commitment to new technology and product development[7] - Research and development expenses for the current period were ¥103,886,512.85, compared to ¥79,602,769.60 in the previous period, reflecting an increase of approximately 30%[15] Investment Income - The company reported a significant increase in investment income, which rose by 2965.07% to CNY 19,253,669.58 compared to CNY 628,163.79 in Q1 2021[7] - Cash inflow from investment activities was 26,818,696.11 CNY, up from 20,178,880.97 CNY year-over-year[18] - The net cash flow from investment activities was -1,036,903,195.18 CNY, worsening from -66,489,103.65 CNY in the previous year[18]