Etron(SH:603380)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥489,420,512.73, representing a year-on-year increase of 34.01%[5] - The net profit attributable to shareholders for the same period was ¥55,498,406.55, reflecting a growth of 27.70% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥56,822,204.57, which is an increase of 36.64% year-on-year[5] - The basic earnings per share for Q1 2022 was ¥0.34, up by 25.93% from the same period last year[6] - The total profit for Q1 2022 reached CNY 69,271,914.78, up 36.0% from CNY 50,974,128.47 in the same period last year[24] - Operating profit for Q1 2022 was CNY 71,473,181.75, compared to CNY 50,978,390.71 in Q1 2021, reflecting a growth of 40.0%[24] - The total comprehensive income for Q1 2022 was CNY 56,956,226.40, an increase from CNY 43,909,557.00 in the same quarter of the previous year[24] Revenue and Costs - Total operating revenue for Q1 2022 reached RMB 489,420,512.73, an increase of 34.0% compared to RMB 365,205,142.62 in Q1 2021[22] - Total operating costs for Q1 2022 were RMB 410,292,082.34, up 36.3% from RMB 301,141,152.26 in Q1 2021[22] - Operating costs included RMB 357,739,974.74 in cost of goods sold, which rose from RMB 263,412,613.91 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,749,794,887.65, a decrease of 1.70% from the end of the previous year[6] - Current assets totaled RMB 1,177,546,965.82 as of March 31, 2022, a decrease from RMB 1,244,822,177.23 at the end of 2021[18] - Total liabilities decreased to RMB 588,761,654.25 from RMB 650,077,318.95 at the end of 2021[20] - Shareholders' equity increased to RMB 1,161,033,233.40 from RMB 1,129,994,880.37 at the end of 2021[20] Cash Flow - The net cash flow from operating activities was negative at -¥18,504,950.05, indicating increased cash outflows due to raw material procurement[11] - Cash flow from operating activities showed a net outflow of CNY -18,504,950.05, a decrease from a net inflow of CNY 32,207,699.95 in Q1 2021[28] - Cash flow from investing activities generated a net inflow of CNY 42,699,545.41, compared to a net outflow of CNY -56,930,711.56 in the previous year[29] - The cash and cash equivalents at the end of Q1 2022 amounted to CNY 246,761,114.28, up from CNY 204,081,108.20 at the end of Q1 2021[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,569[13] Research and Development - Research and development expenses increased to CNY 23,459,297.17, a rise of 53.5% from CNY 15,262,866.37 in Q1 2021[24] Market and Future Outlook - The increase in operating revenue was primarily driven by growth in industrial control, medical electronics, communication, and automotive electronics products[10] - The company reported a net profit margin improvement, reflecting better operational efficiency despite rising costs[22] - Future outlook includes potential market expansion and new product development initiatives to sustain growth momentum[22] Other Financial Metrics - The weighted average return on equity increased to 4.86%, up by 0.52 percentage points compared to the end of the previous year[6] - The company reported non-recurring gains of ¥182,344.44 from government subsidies related to normal business operations[7] - The company experienced a foreign exchange loss of CNY -683,529.69 during the quarter[29]