杭电股份(603618) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,735,973,580.63, representing a year-on-year increase of 32.41%[4] - The net profit attributable to shareholders for the same period was CNY 25,597,581.55, reflecting a growth of 25.15% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 24,390,795.16, which is an increase of 31.91% year-on-year[4] - Basic earnings per share for Q1 2022 were CNY 0.04, up by 33.33% from the same period last year[4] - Total operating revenue for Q1 2022 reached ¥1,735,973,580.63, a 32.3% increase from ¥1,311,095,153.83 in Q1 2021[20] - Net profit for Q1 2022 was ¥27,309,620.07, compared to ¥22,451,077.52 in Q1 2021, reflecting a 21.5% increase[21] - The company reported a total comprehensive income of ¥59,685,291.32 for Q1 2022, down from ¥139,087,142.52 in Q1 2021[21] - The company’s total liabilities and equity as of March 31, 2022, were ¥9,042,443,657.50, compared to ¥8,755,014,717.38 at the end of 2021[19] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 9,042,443,657.50, a 3.28% increase from the end of the previous year[5] - The equity attributable to shareholders increased to CNY 2,757,286,359.07, marking a 2.21% rise compared to the previous year-end[5] - Total liabilities as of March 31, 2022, amounted to ¥6,209,143,489.48, an increase from ¥5,983,111,698.27 at the end of 2021[19] - Total equity as of March 31, 2022, was ¥2,833,300,168.02, compared to ¥2,771,903,019.11 at the end of 2021[19] - Total assets as of March 31, 2022, were CNY 8,652,695,487.67, an increase from CNY 8,436,243,045.71 as of December 31, 2021[29] - Total liabilities as of March 31, 2022, were CNY 5,862,043,266.80, compared to CNY 5,710,170,516.27 at the end of 2021[28] Cash Flow - The net cash flow from operating activities was negative at CNY -564,219,798.68, primarily due to rising raw material prices[4][9] - Cash inflow from operating activities for Q1 2022 was CNY 1,794,161,244.30, an increase of 9.3% compared to CNY 1,641,702,506.20 in Q1 2021[23] - Net cash outflow from operating activities for Q1 2022 was CNY -564,219,798.68, worsening from CNY -100,324,325.11 in Q1 2021[23] - Cash inflow from investment activities was CNY 168,798,509.59 in Q1 2021, while Q1 2022 saw a net cash outflow of CNY -37,634,769.03[24] - Cash inflow from financing activities in Q1 2022 was CNY 1,395,050,000.00, up from CNY 858,000,000.00 in Q1 2021[24] - Net cash flow from financing activities improved to CNY 188,171,220.59 in Q1 2022 from CNY -39,765,796.07 in Q1 2021[24] Shareholder Information - The top two shareholders hold a combined 52.09% of the company's shares, with 永通控股集团有限公司 owning 29.95% and 浙江富春江通信集团有限公司 holding 22.14%[11] - As of March 31, 2022, a total of RMB 30,216,000 worth of convertible bonds had been converted into shares, accounting for 0.6072% of the total shares before conversion[14] - The company reported a total of 4,170,616 shares converted from the convertible bonds during the same period[14] Expenses - Research and development expenses for Q1 2022 were ¥60,051,377.15, up from ¥39,876,425.01 in Q1 2021, indicating a 50.7% increase[20] - The company incurred financial expenses of approximately ¥40.58 million in Q1 2022, an increase of 39.6% from ¥29.03 million in Q1 2021[30] - The company's financial expenses for Q1 2022 were ¥53,565,447.74, an increase from ¥43,574,388.73 in Q1 2021[20] - The company’s sales expenses rose to ¥64.19 million in Q1 2022, an increase of 34.9% from ¥47.60 million in Q1 2021[30] Inventory and Receivables - Accounts receivable increased to RMB 2,759,186,360.51, up from RMB 2,253,228,502.48, representing a growth of approximately 22.4%[16] - The company reported a significant increase in accounts receivable, reaching CNY 2,553,409,281.74 as of March 31, 2022, compared to CNY 2,064,227,829.08 at the end of 2021[27] - The company’s inventory increased to CNY 1,881,145,224.36 as of March 31, 2022, from CNY 1,706,013,391.17 at the end of 2021[27] - Inventory rose to RMB 2,128,020,944.88, compared to RMB 1,895,629,038.74, marking an increase of about 12.3%[16]