华达新材(605158) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,021,835,787.37, representing a year-on-year increase of 24.96%[5] - The net profit attributable to shareholders decreased by 38.73% to ¥29,449,438.41 compared to the same period last year[5] - The basic earnings per share (EPS) was ¥0.0576, down 52.86% year-on-year[5] - Total operating revenue for Q1 2022 reached ¥2,021,835,787.37, an increase of 24.9% compared to ¥1,617,958,531.40 in Q1 2021[19] - Total operating costs for Q1 2022 were ¥1,988,742,152.65, up from ¥1,564,798,680.08 in Q1 2021, reflecting a year-over-year increase of 27.1%[19] - In Q1 2022, the company's net profit was CNY 29,449,438.41, a decrease of 38.73% compared to CNY 48,065,045.33 in Q1 2021[20] - The total profit for Q1 2022 was CNY 35,837,562.22, down from CNY 56,688,137.90 in Q1 2021, a decrease of 36.77%[20] Assets and Liabilities - Total assets increased by 18.25% to ¥3,809,491,678.52 from the end of the previous year[6] - Total assets as of March 31, 2022, were ¥3,809,491,678.52, up from ¥3,221,690,222.97 at the end of 2021, indicating a growth of 18.2%[16] - Total liabilities as of March 31, 2022, amounted to ¥1,765,323,532.76, compared to ¥1,206,971,515.62 at the end of 2021, reflecting an increase of 46.1%[17] - Total current liabilities increased to approximately ¥1.74 billion, compared to ¥1.19 billion in the previous year, reflecting a rise of 46.7%[29] Cash Flow - Cash flow from operating activities was reported at ¥126,963,439.11, with no applicable year-on-year comparison[5] - The net cash flow from operating activities was CNY 126,963,439.11, a significant improvement from a net outflow of CNY 169,023,381.98 in the same period last year[24] - The company's cash and cash equivalents increased to approximately ¥863.75 million from ¥578.96 million, marking a growth of 49.2%[27] - The company's cash and cash equivalents increased by ¥32,631,461.49 during the quarter, contrasting with a decrease of ¥63,531,828.48 in the same quarter last year[33] - The ending balance of cash and cash equivalents was ¥589,819,740.14, up from ¥367,190,331.99 at the end of Q1 2021[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 23,566[10] - The largest shareholder, Zhejiang Huada Group Co., Ltd., holds 57.65% of the shares, totaling 294,814,000 shares[10] Investment and Growth Plans - The company plans to relocate its investment projects to a new site in Hangzhou, which is currently in the process of obtaining land use permits[12] - The company has completed preliminary market research and feasibility studies for its new projects, indicating proactive steps towards future growth[12] Research and Development - Research and development expenses rose to CNY 63,991,024.79 in Q1 2022, up from CNY 51,833,649.05 in Q1 2021, marking an increase of 23.38%[20] - Research and development expenses for Q1 2022 were approximately ¥63.99 million, up 23.4% from ¥51.83 million in Q1 2021[30] Financial Expenses - The company incurred financial expenses of CNY 409,698.98 in Q1 2022, a significant decrease from CNY 3,709,590.22 in Q1 2021, reflecting a reduction of 89.01%[20] - The company's financial expenses decreased significantly to approximately ¥471.18 million from ¥3.72 million in Q1 2021, a reduction of 87.4%[30]