Financial Performance - The company's operating revenue for Q1 2022 was RMB 591,124,603.26, representing a year-on-year increase of 1.28%[4] - The net profit attributable to shareholders was RMB 125,251,860.27, reflecting a growth of 20.66% compared to the same period last year[4] - Basic earnings per share for the period were RMB 0.031, up by 20.43% from the previous year[5] - Net profit for Q1 2022 was RMB 162,764,975.90, up from RMB 136,102,828.81 in Q1 2021, indicating an increase of approximately 19.6%[17] - The operating revenue for Q1 2022 was approximately ¥409.54 million, a slight increase of 2.9% compared to ¥398.83 million in Q1 2021[23] - The net profit for Q1 2022 reached ¥102.71 million, representing a growth of 19.9% from ¥85.65 million in Q1 2021[24] - The total operating profit for Q1 2022 was approximately ¥116.30 million, up 20.5% from ¥96.51 million in Q1 2021[23] Cash Flow - The net cash flow from operating activities reached RMB 59,287,820.51, showing a significant increase of 294.14% year-on-year[4] - Cash flow from operating activities generated RMB 59,287,820.51 in Q1 2022, significantly higher than RMB 15,042,278.83 in Q1 2021[18] - The cash inflow from financing activities was not detailed, but the company reported a significant cash outflow in investment activities[19] - The cash flow from operating activities in Q1 2022 was ¥38.03 million, a decrease of 50.1% compared to ¥75.84 million in Q1 2021[26] - The company experienced a decrease in cash flow from investing activities, with a net outflow of approximately ¥158.08 million in Q1 2022, compared to a net outflow of ¥9.40 million in Q1 2021[26] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 19,539,933,919.92, an increase of 2.26% from the end of the previous year[5] - The company's current assets totaled RMB 6,876,427,282.45, up from RMB 6,596,780,076.08 in the previous year, indicating an increase of about 4.25%[12] - The total liabilities of the company were RMB 3,666,750,724.55, compared to RMB 3,333,198,853.67 in the previous year, marking an increase of approximately 10%[14] - The total assets of the company reached 16,017,382,775.34 RMB, compared to 15,502,625,023.55 RMB, indicating a growth of approximately 3.31%[22] - The total owner's equity increased to 11,143,393,201.16 RMB from 11,040,682,626.02 RMB, showing a growth of approximately 0.93%[21] Shareholder Information - The company reported a total of 90,986 common shareholders at the end of the reporting period[9] - The largest shareholder, China Aerospace Science and Technology Corporation, holds 79.73% of the shares[9] Inventory and Accounts Receivable - The company's accounts receivable increased by 70.48%, primarily due to seasonal fluctuations in cash collection[7] - Inventory levels rose by 43.12%, driven by increased business needs for stock[7] - Accounts receivable rose significantly to RMB 691,867,468.43 from RMB 405,843,031.56, reflecting an increase of approximately 70.4% year-over-year[12] - The company reported a significant increase in inventory, which rose to RMB 11,867,877.08 from RMB 8,292,429.93, representing an increase of approximately 43.5%[12] Expenses and Tax - Total operating costs decreased to RMB 413,514,465.67 in Q1 2022 from RMB 443,823,870.12 in Q1 2021, a reduction of about 6.83%[16] - Research and development expenses for Q1 2022 were RMB 7,241,348.05, down from RMB 8,150,489.05 in Q1 2021, a decrease of approximately 11.14%[16] - Tax expenses for Q1 2022 were RMB 26,385,921.48, compared to RMB 18,929,493.51 in Q1 2021, an increase of approximately 39.4%[17] - The tax expenses for Q1 2022 were approximately ¥13.29 million, an increase of 18.3% from ¥11.23 million in Q1 2021[23] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[16] - The company has received approval from the China Securities Regulatory Commission for a non-public offering of shares, indicating potential future capital raising efforts[11]
中国卫通(601698) - 2022 Q1 - 季度财报