Financial Performance - Net profit attributable to shareholders rose by 24.98% to CNY 7,819,569.51 for the first quarter of 2022, up from CNY 6,256,814.07 in the same period last year[13] - Operating revenue for the first quarter of 2022 was CNY 26,761,817.70, reflecting a year-on-year increase of 7.85% from CNY 24,814,621.23[13] - Total operating revenue for Q1 2022 reached CNY 26,761,817.70, an increase from CNY 24,814,621.23 in Q1 2021, representing a growth of approximately 7.85%[37] - Net profit for Q1 2022 was CNY 7,362,519.33, compared to CNY 6,385,505.07 in Q1 2021, reflecting a growth of approximately 15.27%[38] - Total comprehensive income for Q1 2022 was ¥8,732,157.57, compared to ¥6,006,928.64 in Q1 2021, indicating a growth of 45.3%[42] Assets and Liabilities - Total assets increased by 5.16% to CNY 494,614,098.88 as of March 31, 2022, compared to CNY 470,352,907.99 at the end of 2021[13] - The company's total liabilities to assets ratio increased to 24.12% on a consolidated basis, up from 21.77% at the end of 2021[13] - The total current liabilities amount to ¥115,170,253.25 as of March 31, 2022, compared to ¥96,809,081.69 at the end of 2021[30] - Total liabilities as of March 31, 2022, were CNY 111,765,477.30, compared to CNY 96,793,273.78 as of December 31, 2021, representing an increase of approximately 15.43%[35] - The total equity attributable to shareholders as of March 31, 2022, was CNY 374,922,532.32, up from CNY 366,190,374.75 as of December 31, 2021, indicating a growth of about 2.00%[35] Cash Flow - The net cash flow from operating activities decreased by 140.12% to -CNY 3,517,796.08, compared to CNY 8,767,811.63 in the previous year[14] - The company reported a net cash outflow from operating activities of ¥3,517,796.08 in Q1 2022, a decrease from a net inflow of ¥8,767,811.63 in Q1 2021[45] - Cash inflow from financing activities was $18 million in Q1 2022, with cash outflow for dividends and interest payments totaling $153,750.01, leading to a net cash inflow of $17.85 million[47] - Cash received from sales of goods and services was $25.75 million in Q1 2022, compared to $25.15 million in Q1 2021, showing a growth of about 2.4%[47] Shareholder Information - The total number of common shareholders was 6,967 as of March 31, 2022[19] - The total number of shares held by the top ten shareholders is 59,817,532, representing 69.79% of the total shares[21] - The largest shareholder, Guilin Xingchen Power Electronics Co., Ltd., holds 30,440,050 shares, accounting for 35.52% of the total shares[21] Research and Development - Research and development expenses for Q1 2022 were CNY 3,772,611.12, compared to CNY 2,875,250.07 in Q1 2021, reflecting an increase of approximately 31.19%[38] - Research and development expenses increased to ¥3,395,567.60 in Q1 2022, up 18.2% from ¥2,875,250.07 in Q1 2021[41] Other Financial Metrics - Basic earnings per share decreased by 8.61% to CNY 0.0912 from CNY 0.0998 in the previous year[13] - The weighted average return on equity based on net profit attributable to shareholders was 2.12%, down from 3.38% in the previous year[13] - The company incurred financial expenses of -¥1,693,325.04 in Q1 2022, significantly lower than the previous year's expense of ¥65,457.93[41] - The company raised ¥18,000,000.00 through financing activities in Q1 2022, compared to no financing activities in Q1 2021[45]
星辰科技(832885) - 2022 Q1 - 季度财报