Financial Performance - Total revenue for Q1 2022 reached RMB 119.91 million, an increase of 23.93% compared to RMB 96.75 million in Q1 2021[15] - Net profit attributable to shareholders for Q1 2022 was RMB 14.77 million, representing a growth of 34.16% from RMB 11.01 million in the same period last year[15] - The increase in net profit was primarily attributed to growth in production capacity and sales during the first quarter[16] - Total operating revenue for Q1 2022 reached ¥119,905,855.78, a significant increase from ¥96,750,755.58 in Q1 2021, representing a growth of approximately 23.9%[39] - Net profit for Q1 2022 was ¥14,766,148.57, compared to ¥11,006,369.60 in Q1 2021, reflecting a growth of approximately 34.1%[41] - The total profit for Q1 2022 was ¥16,859,458.71, compared to ¥12,108,494.05 in Q1 2021, reflecting an increase of approximately 39.5%[40] Assets and Liabilities - The company's total assets as of March 31, 2022, amounted to RMB 802.83 million, reflecting a 2.84% increase from RMB 780.64 million at the end of 2021[15] - The net asset attributable to shareholders increased to RMB 504.88 million, up 3.01% from RMB 490.12 million at the end of the previous year[15] - Total current assets amounted to ¥474,228,335.44, a decrease from ¥484,705,481.76 as of December 31, 2021, representing a decline of approximately 1.0%[31] - Total current liabilities increased to ¥258,246,072.87 from ¥251,493,913.72, an increase of about 2.9%[32] - Total liabilities rose to ¥297,947,295.96 from ¥290,521,957.54, reflecting an increase of approximately 2.0%[33] - Shareholders' equity increased to ¥504,883,885.14 from ¥490,117,851.96, representing a growth of about 3.0%[33] Cash Flow - The operating cash flow for Q1 2022 was RMB 17.45 million, a decrease of 13.89% compared to RMB 20.26 million in Q1 2021[15] - Cash inflows from operating activities reached CNY 91,091,078.43, compared to CNY 84,357,740.41 in the same period last year, reflecting an increase of approximately 8.5%[46] - The net cash flow from operating activities was CNY 17,446,875.43, down from CNY 20,262,201.88, indicating a decline of about 9%[48] - Cash inflows from investment activities totaled CNY 66,406,599.20, significantly higher than CNY 3,102,226.59 in the previous year[48] - The net cash flow from investment activities was negative at CNY -49,978,818.15, worsening from CNY -22,292,715.25 year-over-year[48] - Cash inflows from financing activities were CNY 10,000,000.00, down from CNY 13,000,000.00 in the previous year[48] - The net cash flow from financing activities improved to CNY 1,538,261.12, compared to a negative CNY -6,150,360.17 last year[48] Shareholder Information - The largest shareholder, Hou Shiyi, holds 20,983,000 shares, representing 38.42% of the total shares[22] - The second largest shareholder, Hou Xue, holds 14,701,200 shares, accounting for 26.92% of the total shares[22] - The total shares held by the top ten shareholders amount to 42,133,677, which is 77.14% of the total shares[23] Corporate Governance - The company has no ongoing litigation or arbitration matters during the reporting period[26] - There were no external guarantees or loans provided by the company during the reporting period[26] - The company has not implemented any profit distribution or capital reserve transfer to increase share capital during the reporting period[27] - The company has not proposed any equity distribution plans during the quarterly report review[28] - The company has disclosed that there are no major related party transactions during the reporting period[26] - The company has not been subject to any investigations or penalties during the reporting period[26] - The financial report has not been audited[30] Other Financial Metrics - The company's debt-to-asset ratio (consolidated) was 37.11%, slightly down from 37.22% at the end of the previous year[15] - The weighted average return on equity based on net profit attributable to shareholders was 2.97%, down from 5.45% in the previous year[15] - The company reported a basic earnings per share of RMB 0.27, unchanged from the same period last year[15] - The company reported a financial income of ¥989,894.37 in Q1 2022, a significant increase from ¥32,253.90 in Q1 2021[40] - Research and development expenses for Q1 2022 were ¥5,738,284.57, up from ¥4,881,069.14 in Q1 2021, indicating an increase of approximately 17.5%[40] - The total comprehensive income amounted to CNY 2,521,036.50, a decrease from CNY 2,891,492.52 in the previous period[45] - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[45]
晶赛科技(871981) - 2022 Q1 - 季度财报