长城科技(603897) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 2,381,094,967.28, representing a year-on-year increase of 10.69%[5] - The net profit attributable to shareholders decreased by 37.41% to CNY 48,916,430.89 compared to the same period last year[5] - Basic earnings per share decreased by 45.45% to CNY 0.24, primarily due to an increase in share capital and a decline in net profit[11] - Total operating revenue for Q1 2022 was ¥2,381,094,967.28, an increase of 10.67% compared to ¥2,151,232,509.35 in Q1 2021[20] - Net profit for Q1 2022 was ¥48,916,430.89, a decrease of 37.43% from ¥78,159,933.73 in Q1 2021[21] - Basic earnings per share for Q1 2022 were ¥0.24, down from ¥0.44 in Q1 2021[22] Cash Flow - The net cash flow from operating activities was negative at CNY -157,445,792.24, a decline of 30.85% year-on-year[5] - Cash flow from operating activities in Q1 2022 was negative at -¥157,445,792.24, compared to -¥120,324,557.42 in Q1 2021[25] - Cash inflow from investment activities in Q1 2022 was ¥15,481,931.00, significantly lower than ¥162,052,879.45 in Q1 2021[25] - Cash outflow from investment activities in Q1 2022 was ¥93,611,567.22, compared to ¥48,833,863.07 in Q1 2021[25] - Cash inflow from financing activities in Q1 2022 was ¥9,891,666.67, with no inflow recorded in Q1 2021[25] - The net cash flow from financing activities was $9,880,791.68, indicating a significant outflow of $101,307,641.25[26] - The net increase in cash and cash equivalents was a decrease of $225,548,012.99, compared to a decrease of $108,689,409.47 in the previous period[26] - The beginning balance of cash and cash equivalents was $403,320,506.40, while the ending balance was $177,772,493.41[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,672,805,908.40, an increase of 5.41% from the end of the previous year[6] - The company's current assets totaled CNY 3,680,948,577.64, compared to CNY 3,490,482,192.57 in the previous period, indicating an increase of about 5.5%[18] - Accounts receivable rose to CNY 1,751,371,830.31 from CNY 1,550,215,701.76, representing an increase of approximately 12.9%[17] - The company's inventory increased to CNY 830,327,540.98 from CNY 773,592,660.36, marking a growth of about 7.3%[18] - Total liabilities reached CNY 1,973,372,362.29, up from CNY 1,720,326,543.10, which is an increase of approximately 14.7%[19] - The company's equity attributable to shareholders decreased slightly to CNY 2,699,433,546.11 from CNY 2,712,447,819.52, reflecting a decline of about 0.5%[19] - The company's total non-current assets amounted to CNY 991,857,330.76, up from CNY 942,292,170.05, indicating a growth of about 5.3%[18] - The total liabilities and equity increased to ¥4,672,805,908.40 in Q1 2022 from ¥4,432,774,362.62 in Q1 2021[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,050[13] - The largest shareholder, Huzhou Great Wall Electronics Technology Co., Ltd., held 25.06% of the shares[13] Costs and Expenses - The company reported a significant increase in material costs and credit impairment losses, impacting profitability[10] - Total operating costs for Q1 2022 were ¥2,314,016,935.48, up 12.06% from ¥2,064,557,245.14 in Q1 2021[20] - The company reported a decrease in research and development expenses to ¥44,713,241.56 in Q1 2022 from ¥41,043,025.25 in Q1 2021[20] Other Financial Metrics - The weighted average return on equity decreased by 2.12 percentage points to 1.80% due to reduced other income and a significant increase in net assets[11] - Non-recurring gains and losses amounted to CNY 327,070.73 after tax, with government subsidies being a notable component[9] - The cash and cash equivalents were reported at CNY 212,391,965.41, down from CNY 430,690,297.40, indicating a decrease of approximately 50.7%[17] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $146,623.79, compared to a decrease of $276,227.18 in the previous period[26] - The company is not applying the new accounting standards for the first time in 2022[26]