隆华科技(300263) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥571,081,716.86, representing a 49.28% increase compared to ¥382,562,748.87 in the same period last year[5] - Net profit attributable to shareholders for Q1 2022 was ¥65,695,638.79, up 19.14% from ¥55,143,694.17 in the previous year[5] - Operating profit for the current period was ¥83,536,235.97, reflecting an increase of 13.5% from ¥73,936,886.43 in the previous period[34] - Net profit for the current period was ¥70,606,835.48, representing a growth of 15.5% compared to ¥60,918,915.72 in the last period[34] - Earnings attributable to the parent company's shareholders were ¥65,695,638.79, up 19.5% from ¥55,143,694.17 in the previous period[38] - The company reported a total comprehensive income of ¥70,606,835.48, compared to ¥60,921,630.82 in the previous period, reflecting a growth of 15.5%[38] Cash Flow - The net cash flow from operating activities improved to -¥42,233,463.82, a 52.73% increase compared to -¥89,349,979.71 in the same period last year[5] - The net cash flow from investment activities was -¥129,976,900.00, an increase of 41.79% compared to the previous year[15] - The net cash flow from investment activities was -129,976,909.98, an improvement from -223,304,654.61 in the previous period, showing better management of investment cash outflows[44] - The net cash flow from financing activities was 101,197,591.68, down from 172,885,953.47 in the previous period, suggesting reduced financing activity[44] - The company reported a total cash outflow from operating activities of 465,289,821.89, reduced from 527,840,574.85 in the previous period, showing improved operational efficiency[41] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,507,469,124.31, reflecting a 3.48% increase from ¥6,288,325,043.23 at the end of the previous year[5] - Current assets totaled RMB 3,377,633,910.06, up from RMB 3,300,362,046.33 at the beginning of the year, indicating a growth of approximately 2.34%[23] - Total current liabilities amounted to RMB 2,075,283,062.96, compared to RMB 1,885,597,767.68 at the beginning of the year, marking an increase of approximately 10.03%[26] - Total liabilities increased to ¥3,113,118,370.07 from ¥2,964,992,854.24, marking a rise of 5.0%[29] - The total liabilities of the company increased, reflecting a need for further analysis on debt management strategies[26] Costs and Expenses - The company experienced a 59.53% increase in operating costs, totaling ¥42,707,850.00, primarily due to increased revenue[10] - Total operating costs amounted to ¥509,600,701.89, up 53.6% from ¥331,606,220.63 in the prior period[31] - Financial expenses surged by 304.18% to ¥16,666,500.00, mainly due to interest on convertible bonds[10] - Research and development expenses for the current period were ¥21,987,842.12, up 22.0% from ¥17,998,761.02 in the previous period[34] Receivables and Payables - The company reported a significant increase in accounts receivable financing, which rose by 75.29% to ¥76,613,400.00 due to increased use of bill settlements[8] - Accounts receivable increased to RMB 1,026,522,030.62 from RMB 980,443,794.00, showing a growth of approximately 4.7%[23] - The company reported a significant increase in contract liabilities to RMB 380,359,384.56 from RMB 324,051,228.86, which is an increase of approximately 17.4%[26] Equity - The company's weighted average return on equity was 2.09%, up from 1.92% in the previous year[5] - Total equity rose to ¥3,394,350,754.24, compared to ¥3,323,332,188.99, indicating an increase of 2.1%[29] Inventory and Prepayments - Prepayments increased by 189.64% to ¥109,228,500.00, attributed to higher advance payments for material orders[8] - Inventory rose to RMB 739,057,850.25 from RMB 686,135,144.50, representing an increase of about 7.7%[23] Cash and Liquidity - The company's cash and cash equivalents decreased to RMB 894,064,353.94 from RMB 923,635,940.82, reflecting a decline of about 3.5%[23] - The ending balance of cash and cash equivalents was 670,673,240.24, up from 291,166,139.28 in the previous period, indicating improved liquidity[44] - The company received 368,735,989.00 in cash from sales and services, a decrease from 412,381,658.46 in the previous period, reflecting a decline in revenue generation[41] - The company paid 73,077,863.90 in employee compensation, down from 78,357,640.37 in the previous period, indicating cost control measures[41] - The company received 1,472,438.99 in tax refunds, significantly higher than 104,598.27 in the previous period, indicating better tax recovery[41]