HMT(SH:603306)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 344,012,508.35, representing a year-on-year increase of 29.58%[6] - The net profit attributable to shareholders was RMB 60,359,803.46, reflecting a year-on-year increase of 7.87%[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 27,747,975.62, showing a significant decrease of 49.20% compared to the previous year[6] - The net profit for Q1 2022 was CNY 63,152,219.72, an increase of 12.7% compared to CNY 55,956,557.50 in Q1 2021[30] - Total revenue from sales of goods and services received in Q1 2022 was CNY 308,195,705.75, up from CNY 273,622,576.19 in Q1 2021, representing a growth of 12.6%[34] - The company reported a total comprehensive income of CNY 63,644,020.83 for Q1 2022, compared to CNY 55,240,948.40 in Q1 2021, indicating an increase of 15.5%[31] - The company's net profit for Q1 2022 was approximately ¥57.88 million, an increase from ¥56.18 million in Q1 2021, representing a growth of about 3.02%[51] - Operating profit for Q1 2022 reached ¥68.57 million, compared to ¥65.22 million in Q1 2021, indicating a year-over-year increase of approximately 3.59%[51] Cash Flow and Liquidity - The net cash flow from operating activities was RMB 10,649,615.32, down 57.29% year-on-year, primarily due to increased inventory reserves[6][13] - The net cash flow from operating activities in Q1 2022 was CNY 10,649,615.32, down from CNY 24,934,355.22 in Q1 2021, a decrease of 57.3%[38] - The cash flow from operating activities was not detailed, but the overall cash flow situation indicates a need for improved liquidity management[40] - Cash flow from operating activities showed a net outflow of ¥19.35 million in Q1 2022, contrasting with a net inflow of ¥16.58 million in Q1 2021[55] - The company reported cash inflows from operating activities of ¥306.34 million in Q1 2022, up from ¥274.30 million in Q1 2021, reflecting an increase of approximately 11.69%[55] - The company experienced a net cash outflow from financing activities of ¥285.77 million in Q1 2022, compared to a net inflow of ¥96.69 million in Q1 2021[57] Assets and Liabilities - Total assets at the end of the reporting period were RMB 3,202,583,445.17, an increase of 2.84% from the end of the previous year[8] - Current assets as of March 31, 2022, totaled ¥1,560,900,856.02, slightly up from ¥1,543,820,537.40 at the end of 2021[20] - Non-current assets increased to ¥1,641,682,589.15 from ¥1,570,248,422.53 at the end of 2021[24] - Total liabilities amounted to ¥360,625,971.91, a slight increase from ¥360,321,487.88 at the end of 2021[26] - The total liabilities decreased to ¥329,800,347.69 from ¥346,291,397.24, indicating improved financial stability[46] - The equity attributable to shareholders was RMB 2,746,947,069.17, reflecting a year-on-year increase of 3.21%[8] - Shareholders' equity totaled ¥2,841,957,473.26, up from ¥2,753,747,472.05 at the end of 2021[26] Expenses and Investments - Total operating costs for Q1 2022 were ¥304,263,273.89, up 50% from ¥202,926,240.02 in Q1 2021[26] - Research and development expenses increased to CNY 15,704,733.73 in Q1 2022, compared to CNY 11,649,426.21 in Q1 2021, reflecting a rise of 34.7%[30] - The company's management expenses rose to CNY 50,619,566.55 in Q1 2022, compared to CNY 25,013,280.50 in Q1 2021, an increase of 102.5%[30] - The company reported a decrease in financial expenses, with a net financial cost of CNY -970,937.74 in Q1 2022, compared to CNY -3,535,905.97 in Q1 2021, indicating a reduction in financial burden[30] - Cash outflows for investing activities in Q1 2022 totaled ¥280.53 million, significantly lower than ¥543.42 million in Q1 2021, indicating a reduction of about 48.21%[55] Government Support and Market Conditions - The company received government subsidies amounting to RMB 42,357,482.67, mainly related to a high-end semiconductor photoresist project[10] - The increase in operating revenue was attributed to the stable growth of the automotive market and the continued prosperity of the new energy vehicle sector in China[13] - The company plans to enhance its inventory management in response to external uncertainties, leading to increased cash payments for goods and services[13]