SMTC(SH:600822)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,922,906,508.69, representing a year-on-year increase of 58.84%[5] - The net profit attributable to shareholders decreased by 22.85% to CNY 7,274,561.03[5] - The net profit after deducting non-recurring gains and losses fell by 27.17% to CNY 5,168,552.61[5] - The basic earnings per share decreased by 22.85% to CNY 0.0147[5] - Net profit for Q1 2022 was ¥4,675,976.08, a decrease of 55.3% from ¥10,449,224.05 in Q1 2021[18] - The net profit attributable to the parent company for Q1 2022 was ¥7,274,561.03, a decrease from ¥9,428,992.99 in Q1 2021, representing a decline of approximately 22.9%[19] - The total comprehensive income for Q1 2022 was ¥3,391,022.63, down from ¥9,538,649.58 in Q1 2021, indicating a decrease of about 64.5%[19] - The basic and diluted earnings per share for Q1 2022 were both ¥0.0147, compared to ¥0.0190 in Q1 2021, reflecting a decrease of approximately 22.4%[19] Cash Flow - The net cash flow from operating activities was negative at CNY -77,235,285.09, indicating a significant cash outflow[5] - Cash inflows from operating activities in Q1 2022 amounted to ¥2,274,759,745.67, an increase from ¥1,426,359,291.88 in Q1 2021, representing a growth of about 59.5%[22] - Cash outflows from operating activities totaled ¥2,351,995,030.76 in Q1 2022, compared to ¥1,701,852,969.36 in Q1 2021, which is an increase of approximately 38.3%[22] - The net cash flow from operating activities for Q1 2022 was -¥77,235,285.09, an improvement from -¥275,493,677.48 in Q1 2021[22] - The net cash flow from investing activities for Q1 2022 was ¥8,525,207.57, down from ¥9,540,589.45 in Q1 2021, indicating a decrease of about 10.6%[23] - The net cash flow from financing activities for Q1 2022 was -¥18,564,259.17, compared to a positive net cash flow of ¥6,072,887.95 in Q1 2021[23] - The ending cash and cash equivalents balance for Q1 2022 was ¥579,969,042.83, an increase from ¥375,936,472.20 in Q1 2021[23] Assets and Liabilities - The total assets increased by 42.45% to CNY 2,862,668,598.53 compared to the end of the previous year[6] - Total assets as of March 31, 2022, amounted to ¥2,862,668,598.53, compared to ¥2,009,605,370.00 at the end of 2021, reflecting a growth of 42.5%[15] - Current assets increased to ¥2,112,132,310.72, up 69.3% from ¥1,246,405,549.18 at the end of 2021[14] - Current liabilities rose to ¥1,577,016,773.29, a significant increase of 116.7% from ¥728,638,794.85 at the end of 2021[14] - The company's total liabilities amounted to ¥1,866,824,300.06, up 83.5% from ¥1,020,361,161.98 at the end of 2021[15] - The equity attributable to shareholders of the parent company was ¥934,569,707.88, a slight increase from ¥928,571,485.87 at the end of 2021[15] Sales and Market Performance - The company experienced a 91.63% year-on-year growth in automobile sales, contributing to the increase in operating revenue[8] - The company's cash received from sales of goods and services totaled ¥2,097,791,820.87 in Q1 2022, compared to ¥1,383,014,473.77 in Q1 2021, marking an increase of approximately 51.7%[22] Research and Development - The company's research and development investment was reported as zero, with no percentage of operating revenue allocated to R&D[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,349[10] - The weighted average return on equity decreased to 0.7809%, down from 0.4084%[6]