连城数控(835368) - 2022 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders for the first quarter of 2022 was RMB 91,462,531.38, representing an 18.60% increase year-on-year[15]. - Operating revenue for the first quarter of 2022 was RMB 321,936,800.71, up 2.89% from the same period last year[15]. - The company's net profit after deducting non-recurring gains and losses fell by 74.20% year-on-year, attributed to increased operating scale and expenses[16]. - The basic earnings per share for the first quarter of 2022 was RMB 0.39, an increase of 14.71% compared to the same period last year[15]. - Total operating revenue for Q1 2022 reached ¥321,936,800.71, an increase from ¥312,894,436.89 in Q1 2021, representing a growth of approximately 3.34%[47]. - Net profit for Q1 2022 was ¥88,161,933.16, compared to ¥72,079,934.82 in Q1 2021, reflecting an increase of approximately 22.29%[49]. - The company reported an investment income of ¥63,099,917.17 in Q1 2022, a significant recovery from a loss of ¥1,475,197.20 in Q1 2021[48]. - The company’s total profit before tax was ¥17,612,193.85, down from ¥29,709,972.39, a decrease of about 40.7%[52]. Assets and Liabilities - Total assets as of March 31, 2022, reached RMB 5,065,507,557.51, an increase of 26.66% compared to the end of the previous year[15]. - The company's asset-liability ratio (consolidated) was 44.79%, up from 36.61% at the end of the previous year[15]. - Total liabilities increased from CNY 1.464 billion to CNY 2.269 billion, reflecting a growth of about 55.1%[41]. - The total amount of new contracts for the company's main products during the reporting period was approximately CNY 2.026 billion[35]. - As of the end of the reporting period, the amount of signed but unexecuted orders for the company's main products was around CNY 4.0 billion[35]. - The total assets as of the reporting date were ¥3,013,807,869.67, compared to ¥2,941,693,728.52 in the previous period, marking an increase of approximately 2.45%[45]. - Total liabilities increased to ¥802,745,779.34 from ¥747,498,172.38, representing a growth of about 7.39%[45]. Cash Flow - The net cash flow from operating activities decreased by 766.95% year-on-year, amounting to -RMB 122,420,909.97, primarily due to increased production-related procurement expenses[16]. - Cash flow from operating activities showed a net outflow of ¥122,420,909.97, contrasting with a net inflow of ¥18,355,445.44 in the previous year[55]. - The company's cash and cash equivalents decreased from CNY 632.83 million to CNY 402.25 million, a decline of approximately 36.3%[39]. - Total cash and cash equivalents at the end of the period decreased to ¥221,681,649.54 from ¥380,320,261.51, a decline of about 41.8%[56]. - The company experienced a net decrease in cash and cash equivalents of $115.98 million, compared to a decrease of $3.01 million in the previous period[58]. Shareholder Information - The total equity attributable to shareholders increased to RMB 2,587,773,935.22, a rise of 3.70% compared to the previous year[15]. - Hainan Huizhi Investment Co., Ltd. holds 30.34% of shares, while Li Chun'an holds 4.69% directly, indicating a significant ownership structure[22]. - The total number of shares held by the top ten shareholders is 148,624,906, representing 63.92% of the total shares[23]. - The company's equity attributable to shareholders rose from CNY 2.495 billion to CNY 2.588 billion, an increase of approximately 3.7%[41]. Research and Development - The company's R&D expenses in Q1 2022 amounted to ¥34,310,687.11, which is a significant increase from ¥21,652,505.39 in Q1 2021, showing a growth of about 58.93%[48]. - R&D expenses increased to ¥7,546,767.77 from ¥7,295,904.55, reflecting a growth of approximately 3.5% year-over-year[52]. Corporate Governance - The company has fulfilled all disclosed commitments without any violations during the reporting period[31]. - There are no reported cases of assets being sealed, seized, frozen, or pledged during the period[32]. - The first stock option incentive plan remains in effect, with no adjustments or exercises reported during the period[30].