四方新材(605122) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥307,505,106.93, representing a year-on-year increase of 38.24%[5] - The net profit attributable to shareholders decreased by 22.88% to ¥31,053,068.55, while the net profit after deducting non-recurring gains and losses fell by 32.23% to ¥25,104,987.15[5] - Basic earnings per share decreased by 35.71% to ¥0.18[6] - Net profit for Q1 2022 was ¥32,767,589.46, a decrease of 18.5% compared to ¥40,265,768.26 in Q1 2021[20] - Revenue for Q1 2022 was ¥204.31 million, a decrease of 8.5% compared to ¥222.45 million in Q1 2021[30] - Operating profit for Q1 2022 was ¥30.21 million, down 36.2% from ¥47.27 million in Q1 2021[30] - Net profit for Q1 2022 was ¥29.72 million, a decline of 26.1% compared to ¥40.27 million in Q1 2021[30] Cash Flow - The net cash flow from operating activities surged by 475.98% to ¥27,026,306.35[5] - The cash flow statement for Q1 2022 indicates ongoing investments in operational activities, although specific figures were not detailed in the provided content[21] - Total cash inflow from operating activities reached ¥290,858,770.36, compared to ¥183,886,114.78 in the same period last year, indicating a year-over-year increase of about 58%[23] - The net cash flow from investing activities was ¥75,714,502.58 in Q1 2022, a recovery from a negative cash flow of ¥11,280,926.92 in Q1 2021[24] - The company reported a total cash and cash equivalents balance of ¥820,918,665.39 at the end of Q1 2022, down from ¥1,286,516,763.61 at the end of Q1 2021[24] - Cash flow from operating activities for Q1 2022 was ¥52.66 million, significantly higher than ¥4.69 million in Q1 2021[31] - Cash flow from investing activities generated a net inflow of ¥70.73 million, compared to a net outflow of ¥11.28 million in Q1 2021[32] - Cash flow from financing activities resulted in a net inflow of ¥63.41 million, down from ¥1.22 billion in Q1 2021[32] - The ending cash and cash equivalents balance for Q1 2022 was ¥807.48 million, a decrease from ¥1.29 billion at the end of Q1 2021[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,649,964,317.03, an increase of 3.49% compared to the end of the previous year[6] - Total liabilities for Q1 2022 were ¥1,293,360,078.75, compared to ¥1,201,955,555.94 in Q1 2021, reflecting an increase of 7.6%[17] - Non-current liabilities totaled ¥333,614,702.76 in Q1 2022, slightly up from ¥333,115,702.50 in Q1 2021[17] - The total assets of the company as of March 31, 2022, amounted to ¥3,287,034,444.29, an increase from ¥3,197,899,869.91 as of December 31, 2021[26] - The total liabilities increased to ¥957,426,021.51 as of March 31, 2022, compared to ¥896,616,269.19 at the end of 2021[28] - The company's total equity reached ¥2,329,608,422.78 as of March 31, 2022, up from ¥2,301,283,600.72 at the end of 2021[28] Research and Development - Research and development expenses increased significantly by 168.71%, indicating a focus on enhancing R&D capabilities[8] - The company reported a significant increase in research and development expenses, which rose to ¥1,908,369.91 from ¥710,200.85 year-over-year[19] - Research and development expenses increased to ¥1.26 million, up 78.1% from ¥0.71 million in Q1 2021[30] Market Strategy - The company plans to continue expanding its market presence and enhancing its product offerings through increased investment in R&D and potential acquisitions[8] - The company continues to focus on expanding its market presence and enhancing product development strategies[22] - The company plans to continue focusing on R&D and market expansion strategies to improve future performance[30] Shareholder Information - The company’s major shareholders include Li Dezhi, holding 59.46% of shares, and Zhang Lilan, holding 6.50%[10] Inventory and Receivables - The company reported accounts receivable of approximately 1.48 billion RMB as of March 31, 2022, an increase from approximately 1.35 billion RMB at the end of 2021[15] - The company’s inventory stood at approximately 21.50 million RMB as of March 31, 2022, slightly up from approximately 20.98 million RMB at the end of 2021[15] - The company’s contract assets were approximately 273.50 million RMB as of March 31, 2022, down from approximately 342.96 million RMB at the end of 2021[15] - The accounts receivable increased to ¥1,272,432,555.26 as of March 31, 2022, compared to ¥1,229,201,682.64 in the previous year[26]