Financial Performance - Operating revenue for the first quarter reached CNY 52,172,352.58, an increase of 16.41% year-on-year[15][17] - Net profit attributable to shareholders decreased by 16.01% to CNY 6,579,804.57, impacted by increased depreciation and rising costs[15][18] - Basic earnings per share fell by 40.32% to CNY 0.08, due to an increase in the number of shares outstanding[15][19] - Total operating revenue for Q1 2022 reached ¥52,172,352.58, an increase of 16.5% compared to ¥44,817,291.21 in Q1 2021[45] - Operating profit for Q1 2022 was ¥7,123,744.57, a decrease of 24.5% from ¥9,420,991.46 in Q1 2021[46] - Net profit for Q1 2022 amounted to ¥6,498,427.12, down 16.3% from ¥7,763,984.90 in Q1 2021[47] - The total comprehensive income for the period was 5,723,008.43 CNY, compared to 7,649,290.07 CNY in the previous period, reflecting a decrease of approximately 25.1%[51] - Basic and diluted earnings per share were both 0.07 CNY, down from 0.13 CNY, indicating a decline of 46.2%[51] Asset and Equity Growth - Total assets increased by 53.05% to CNY 472,965,691.33 compared to the end of the previous year[15] - Net assets attributable to shareholders rose by 96.95% to CNY 407,475,263.84, primarily due to the public offering on the Beijing Stock Exchange[15][17] - The company completed the issuance of 23,351,600 new shares, raising net funds of CNY 194,005,500, which contributed to asset growth[16][17] - The total share capital rose from 57,331,000 to 80,682,603, reflecting an increase of 23,351,603 shares[24] - Shareholders' equity rose to ¥415,305,553.50 from ¥214,801,648.94, marking an increase of approximately 93%[39] - Total equity increased to ¥404,563,095.39 from ¥204,834,609.52, representing a growth of 97.2%[43] Cash Flow Analysis - Cash flow from operating activities showed a net outflow of CNY 3,707,368.73, a decline of 149.34% compared to the previous year[15][18] - Cash inflows from operating activities totaled 56,727,019.36 CNY, a decrease of 10.4% from 63,246,796.43 CNY in the same period last year[52] - The net cash flow from operating activities was -3,707,368.73 CNY, compared to a positive 7,514,013.37 CNY in the previous year, representing a significant decline[52] - Cash inflows from investment activities amounted to 80,557,411.71 CNY, a substantial increase from 6,707,637.47 CNY, marking a growth of over 1,100%[53] - The net cash flow from investment activities was 6,158,206.20 CNY, recovering from a negative 14,823,564.56 CNY in the previous year[53] - Cash inflows from financing activities reached 197,587,195.25 CNY, a significant increase from 5,000,000.00 CNY, indicating a growth of 3,851.7%[53] - The net cash flow from financing activities was 167,368,247.41 CNY, compared to 61,657.35 CNY in the previous year, showing a substantial increase[53] - The ending cash and cash equivalents balance was 215,532,350.60 CNY, up from 36,601,621.99 CNY, reflecting a growth of 493.5%[53] - The company experienced a net increase in cash and cash equivalents of 169,819,084.88 CNY, contrasting with a decrease of 7,247,893.84 CNY in the previous year[53] Liabilities and Debt Management - The debt-to-asset ratio decreased significantly to 12.19%, down from 30.49% in the previous year, due to debt repayment[15][17] - Total liabilities decreased to ¥57,660,137.83 from ¥94,228,947.78, a reduction of about 39%[39] - The company's total liabilities as of the reporting date were ¥58,158,920.59, compared to ¥94,947,176.20 in the previous period, indicating a reduction of 38.8%[43] - The company reported a significant reduction in short-term borrowings, decreasing from ¥32,347,883.48 to ¥2,301,070.16, a decline of about 93%[39] Operational Costs and Expenses - The company experienced a significant increase in operating costs, including raw materials and labor, affecting overall profitability[18] - Total operating costs for Q1 2022 were ¥45,964,499.11, up from ¥35,460,633.61 in Q1 2021, reflecting a growth of 29.6%[45] - Research and development expenses for Q1 2022 were ¥2,288,229.78, up 24.1% from ¥1,844,786.33 in Q1 2021[46] Shareholder Information - The top ten shareholders collectively hold 56,835,527 shares, representing 70.45% of total shares[28] - The largest shareholder, Zhou Haoliang, holds 34,136,000 shares, accounting for 42.31% of total shares[28] - The total number of unrestricted shares increased from 5,475,000 (9.55%) to 24,707,473 (30.62%) during the reporting period[24] Other Relevant Information - The company has no significant litigation or arbitration matters during the reporting period[31] - The company has implemented an employee stock ownership plan approved in the fourth extraordinary general meeting of 2021[32] - There are no assets under seizure, detention, or pledge, with a total book value of 0[33] - The company received government subsidies amounting to 239,320.50 thousand, closely related to its normal business operations[21] - The company reported a loss of 3,285.11 thousand from the disposal of non-current assets, including impairment provisions[21]
威贸电子(833346) - 2022 Q1 - 季度财报