丰光精密(430510) - 2022 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter of 2022 was RMB 63,831,187.83, an increase of 7.76% compared to RMB 59,235,829.30 in the same period of 2021[19] - Net profit attributable to shareholders for Q1 2022 was RMB 4,217,026.80, a decrease of 63.54% from RMB 11,567,294.26 in Q1 2021[19] - The company's gross profit margin decreased by 7.45% compared to the same period last year, impacting overall net profit[21] - Basic earnings per share for Q1 2022 was RMB 0.03, down 66.67% from RMB 0.09 in Q1 2021[19] - The weighted average return on equity based on net profit attributable to shareholders was 1.31% for Q1 2022, down from 3.44% in the same period of 2021[19] - The company reported a net profit margin of approximately 7.5% for Q1 2022, compared to 8.0% in Q1 2021[48] - The gross profit margin for Q1 2022 was approximately 30.8%, compared to 38.5% in Q1 2021, indicating a decline in profitability[52] - The company's operating profit for Q1 2022 was CNY 5,094,259.15, a decrease of 63.8% from CNY 14,061,227.59 in Q1 2021[50] Assets and Liabilities - Total assets as of March 31, 2022, amounted to RMB 375,630,685.68, representing a 3.92% increase from RMB 361,457,397.80 at the end of 2021[19] - The total liabilities to total assets ratio (consolidated) was 13.76% as of March 31, 2022, compared to 11.54% at the end of 2021[19] - Current liabilities increased to CNY 50,616,359.56 in Q1 2022 from CNY 40,650,611.47 in Q1 2021, representing a rise of 24.5%[46] - Non-current liabilities remained stable at CNY 1,079,042.36, unchanged from the previous year[42] - The company's equity attributable to shareholders reached CNY 323,935,283.76, up from CNY 319,727,743.97, indicating a growth of 1.3%[42] Cash Flow - Net cash flow from operating activities increased by RMB 5,544,100.00, representing an 87.78% growth compared to RMB 6,316,157.07 in the same period of 2021[21] - Cash received from sales of goods and services in Q1 2022 was CNY 71,799,763.79, compared to CNY 54,263,300.43 in Q1 2021, indicating improved cash flow from operations[54] - Total cash inflow from operating activities was ¥72,331,797.37, up from ¥57,662,110.97 in the same period last year, representing a growth of 25.4%[55] - Cash outflow from operating activities totaled ¥60,471,572.05, compared to ¥51,345,953.90 in Q1 2021, reflecting an increase of 17.5%[55] - The ending cash and cash equivalents balance decreased to ¥43,698,660.05 from ¥77,916,240.31 year-over-year, a decline of 43.8%[56] Shareholder Information - The total number of unrestricted shares increased from 40,041,378 (30.43%) to 62,926,378 (47.82%) during the reporting period[25] - The number of restricted shares decreased from 91,540,000 (69.57%) to 68,655,000 (52.18%)[25] - The total share capital remained unchanged at 131,581,378 shares[26] - The number of shareholders holding common stock reached 5,213[26] - The largest shareholder, Qingdao Fengguang Investment Management Co., Ltd., holds 79,815,000 shares, representing 60.66% of the total[27] - The second-largest shareholder, Qingdao Dingshengquan Investment Enterprise (Limited Partnership), holds 11,725,000 shares, accounting for 8.91%[27] - The total shares held by the top ten shareholders amount to 118,704,294, which is 90.21% of the total[28] Operational Insights - The company plans to enhance employee compensation and benefits to improve morale and cohesion, which has impacted profit margins[21] - The company is focusing on expanding its market presence and investing in new product development to drive future growth[48] - Research and development expenses for Q1 2022 were CNY 3,161,432.58, slightly up from CNY 3,127,047.24 in Q1 2021, reflecting continued investment in innovation[50] Compliance and Commitments - There were no significant legal disputes or external guarantees during the reporting period[31] - The company has committed to avoiding competition with its major shareholders, which has been adhered to during the reporting period[32] - The company has made commitments regarding share lock-up, stock price stabilization, and measures to compensate for diluted immediate returns, all of which were fulfilled during the reporting period[33][34][35] - The company has not implemented any profit distribution or capital reserve transfer to increase share capital during the reporting period[37] - The company reported no instances of fund occupation during the reporting period, maintaining compliance with its commitments[34]