汇得科技(603192) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥820,921,015.08, representing a year-on-year increase of 52.07%[5] - The net profit attributable to shareholders of the listed company was ¥21,013,290.29, showing a decrease of 16.29% compared to the same period last year[5] - Basic and diluted earnings per share were both ¥0.20, down 16.67% from the previous year[6] - The weighted average return on equity was 1.53%, a decrease of 0.4 percentage points compared to the previous year[6] - Total revenue for Q1 2022 reached ¥820,921,015.08, a 52.1% increase from ¥539,819,426.50 in Q1 2021[20] - Net profit for Q1 2022 was ¥21,013,290.29, a decrease of 16.4% compared to ¥25,102,437.29 in Q1 2021[21] - The net profit for Q1 2022 was CNY 18,629,177.24, a decrease of 60.3% compared to CNY 46,926,653.51 in Q1 2021[29] - The basic earnings per share for Q1 2022 were CNY 0.17, down from CNY 0.44 in Q1 2021, a decrease of 61.4%[29] Cash Flow - The net cash flow from operating activities was -¥171,794,431.07, a decline of 176.26% year-on-year[5] - Cash flow from operating activities for Q1 2022 showed a net outflow of ¥171,794,431.07, compared to a net outflow of ¥62,186,094.72 in Q1 2021[23] - Cash flow from investing activities resulted in a net outflow of ¥16,967,422.41 in Q1 2022, compared to a net outflow of ¥40,266,497.39 in Q1 2021[24] - Cash flow from financing activities generated a net inflow of ¥24,681,077.77 in Q1 2022, contrasting with a net outflow of ¥54,991,217.16 in Q1 2021[24] - The company's cash and cash equivalents decreased to RMB 670,573,058.34 from RMB 808,107,581.47, reflecting a decline of approximately 17.1%[16] - The ending cash and cash equivalents balance for Q1 2022 was ¥211,241,294.60, down from ¥274,940,990.19 in Q1 2021[24] - The total cash and cash equivalents at the end of the period were $124.44 million, down from $243.26 million year-over-year[31] - The net cash flow from operating activities was -$139.51 million, compared to -$67.60 million in the previous year, indicating a decline in operational efficiency[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,645,200,070.07, an increase of 3.14% from the end of the previous year[6] - The equity attributable to shareholders of the listed company was ¥1,387,774,809.54, up 1.51% from the end of the previous year[6] - The company's total assets amounted to CNY 2,020,742,850.86, up from CNY 1,958,328,792.54 at the end of 2021[27] - The company's total liabilities rose to CNY 673,401,598.26, compared to CNY 629,124,545.22 at the end of 2021, an increase of 7.0%[27] - Total current liabilities rose to RMB 1,251,324,581.42, compared to RMB 1,191,289,180.17, indicating an increase of approximately 5.0%[18] Inventory and Receivables - Accounts receivable increased significantly to RMB 653,051,252.22, up from RMB 435,721,509.98, representing a growth of about 49.9%[16] - The company's inventory increased to CNY 201,972,313.30 from CNY 182,155,937.90 at the end of 2021, reflecting a growth of 10.0%[26] - The company has a total of RMB 352,572,208.94 in inventory as of March 31, 2022, compared to RMB 306,382,628.95 at the end of 2021, reflecting an increase of approximately 15.1%[16] Costs and Expenses - Total operating costs for Q1 2022 were ¥788,765,996.03, up 54.5% from ¥510,249,841.88 in Q1 2021[20] - Research and development expenses increased to ¥25,265,409.57 in Q1 2022, compared to ¥20,896,913.62 in Q1 2021, reflecting a growth of 20.5%[20] - Research and development expenses for Q1 2022 were CNY 17,143,843.77, up 17.5% from CNY 14,581,643.30 in Q1 2021[28] - The cash outflow for employee compensation was $44.74 million, up from $35.55 million, indicating increased labor costs[31] Government Support - The company received government subsidies amounting to ¥559,464.69, which were closely related to its normal business operations[7] Other Observations - The increase in operating revenue was primarily due to higher product prices and increased sales volume[10] - The decline in cash flow from operating activities was mainly due to rising raw material prices and increased procurement volume[10] - The company has not disclosed any new product developments or market expansion strategies in the provided documents[15] - The company experienced a foreign exchange impact of -$55,331.06 on cash and cash equivalents, indicating potential currency volatility effects[31]