立讯精密(002475) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 reached ¥41.60 billion, representing a 97.91% increase compared to ¥21.02 billion in the same period last year[2] - Net profit attributable to shareholders was ¥1.80 billion, up 33.63% from ¥1.35 billion year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥1.52 billion, reflecting a 30.56% increase from ¥1.17 billion in the previous year[2] - Basic earnings per share rose to ¥0.25, a 31.58% increase from ¥0.19 in the same quarter last year[2] - Operating profit for Q1 2022 was CNY 2.29 billion, up 43.3% from CNY 1.60 billion in Q1 2021[13] - Total comprehensive income for Q1 2022 was CNY 1.96 billion, compared to CNY 1.35 billion in Q1 2021, reflecting a growth of 45.0%[13] Cash Flow and Liquidity - Operating cash flow for the quarter was ¥1.28 billion, a significant increase of 92.69% compared to ¥663.35 million in Q1 2021[2] - The company reported a significant increase in cash and cash equivalents, with a 55.08% rise to ¥22.03 billion compared to ¥14.20 billion at the beginning of the period[4] - Cash flow from operating activities generated CNY 1.28 billion, a 92.6% increase from CNY 663.35 million in the same quarter last year[15] - The net cash flow from financing activities was 13,147,266,150.45 CNY, compared to 8,880,476,028.38 CNY in the previous year, showing a strong improvement[16] - The net increase in cash and cash equivalents was 5,048,797,706.58 CNY, slightly higher than 5,013,787,668.02 CNY in the previous year[16] Assets and Liabilities - Total assets at the end of the quarter were ¥125.51 billion, a 4.10% increase from ¥120.57 billion at the end of the previous year[2] - Total current assets increased to ¥73,959,130,269.51 from ¥72,309,043,621.73, reflecting a growth of approximately 2.28%[10] - Total liabilities rose to ¥77,190,199,205.11 from ¥74,789,454,618.31, indicating an increase of about 3.2%[11] - Long-term borrowings increased to ¥7,422,482,085.26 from ¥5,025,096,193.09, reflecting a growth of approximately 47.7%[11] - The company's equity attributable to shareholders increased to ¥37,245,602,985.58 from ¥35,288,554,748.72, a growth of approximately 5.6%[11] Operational Metrics - Trade receivables decreased by 42.29% to ¥1.83 billion, attributed to improved collection and a decrease in revenue compared to Q4 2021[4] - Inventory increased by 26.94% to ¥2.65 billion, indicating a buildup of materials in anticipation of future demand[4] - Operating costs rose to CNY 3,668,613.76 million, reflecting a 109.85% increase, which outpaced revenue growth due to changes in product structure[5] - R&D expenses increased by 23.93% to CNY 168,786.15 million, driven by project investments and material costs[5] - Research and development expenses amounted to CNY 1.69 billion, an increase of 24% compared to CNY 1.36 billion in Q1 2021[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 326,906[6] - The largest shareholder, Luxshare Precision Industry Co., Ltd., holds 38.56% of the shares, amounting to 2,731,537,636 shares[7] Strategic Outlook - The company is facing challenges due to ongoing domestic and international pandemic impacts, affecting supply chain and transportation costs[8] - The company is committed to its "three five-year" strategic plan, focusing on long-term development amidst a complex external environment[8] - The overall profitability has steadily improved, with major clients recognizing the performance of the company's diversified product offerings[8]