烽火通信(600498) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 4,538,718,869.12, representing a year-on-year increase of 12.64%[2] - The net profit attributable to shareholders for Q1 2022 was CNY 33,121,985.50, reflecting a growth of 10.04% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 28,997,771.97, an increase of 15.36% year-on-year[2] - Basic earnings per share for Q1 2022 were CNY 0.03, up by 8.08% year-on-year[2] - Total operating revenue for Q1 2022 reached ¥4,538,718,869.12, an increase of 12.6% compared to ¥4,029,565,688.19 in Q1 2021[14] - Net profit for Q1 2022 was ¥33,956,683.41, representing a 10.4% increase from ¥30,635,764.02 in Q1 2021[15] - Total comprehensive income for Q1 2022 was ¥37,126,623.95, compared to ¥40,977,758.87 in Q1 2021, showing a decrease of 9.0%[16] - The net profit for Q1 2022 was ¥64.46 million, a decrease of 55.2% from ¥143.74 million in Q1 2021[23] - The total comprehensive income for Q1 2022 was ¥64.46 million, down from ¥143.74 million in Q1 2021[23] Cash Flow - The net cash flow from operating activities was CNY -2,506,922,054.26, showing a decrease of 16.15% compared to the previous year[2] - Cash inflow from operating activities in Q1 2022 totaled ¥6,417,621,202.92, compared to ¥4,941,877,377.84 in Q1 2021, indicating a growth of 29.9%[17] - The net cash flow from operating activities was -2,506,922,054.26 RMB, compared to -2,158,258,058.19 RMB in the previous year, indicating a decline of approximately 16.2%[18] - The company’s cash flow from operating activities showed a net outflow of approximately ¥1.08 billion in Q1 2022, an improvement from a net outflow of ¥1.57 billion in Q1 2021[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 35,838,849,435.90, a slight decrease of 0.12% from the end of the previous year[3] - The company's current assets totaled CNY 25,706,193,936.67, down from CNY 25,907,365,210.30 in the previous period, indicating a decrease of approximately 0.78%[11] - Total liabilities stood at CNY 23,209,625,494.11, slightly down from CNY 23,288,227,117.57, indicating a decrease of approximately 0.34%[13] - The total liabilities amounted to 21,285,687,375.97 RMB, slightly increasing from 21,265,339,022.64 RMB, which is a rise of approximately 0.1%[20] Shareholder Equity - Shareholders' equity attributable to the parent company was CNY 11,769,572,297.11, an increase of 0.31% compared to the previous year[3] - The company's equity attributable to shareholders was CNY 11,769,572,297.11, a decrease from CNY 11,733,486,178.61, reflecting a decline of about 0.31%[13] - The company reported a total equity of 9,258,526,992.04 RMB, up from 9,194,063,146.55 RMB, representing an increase of approximately 0.7%[21] Research and Development - Research and development expenses increased by 16.87%, indicating a rise in investment in R&D activities[5] - R&D expenses in Q1 2022 amounted to ¥649,134,544.04, which is a 16.8% increase from ¥555,435,281.69 in Q1 2021[15] - Research and development expenses for Q1 2022 were ¥284 million, slightly down from ¥285 million in Q1 2021[22] Borrowings - Short-term borrowings increased by 501.33%, with a balance of CNY 1,735,000,000 at the end of the quarter, up CNY 1,446,000,000 from the beginning of the year[5] - The company’s long-term borrowings increased to CNY 2,650,800,000.00 from CNY 2,455,800,000.00, reflecting an increase of about 7.9%[12][13] - The company’s short-term borrowings rose significantly to 1,449,347,500.00 RMB from 151,009,830.63 RMB, indicating a substantial increase[20] Other Financial Metrics - Total operating costs for Q1 2022 were ¥4,604,536,721.24, up from ¥4,079,858,060.35 in Q1 2021, reflecting a year-over-year increase of 12.8%[14] - Cash paid for goods and services in Q1 2022 was ¥7,402,960,761.04, an increase from ¥5,770,097,455.96 in Q1 2021[17] - Tax expenses for Q1 2022 were ¥19,596,526.42, up from ¥12,136,931.98 in Q1 2021, reflecting an increase of 61.5%[15] - The company incurred sales expenses of approximately ¥398 million in Q1 2022, a significant increase from ¥223 million in Q1 2021[22] - Financial expenses surged to approximately ¥70.91 million in Q1 2022, compared to ¥5.16 million in Q1 2021, primarily due to increased interest expenses[22]