炬芯科技(688049) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 86.83 million, a decrease of 14.56% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 10.49 million, an increase of 83.05% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5.01 million, up 163.91% from the previous year[4] - The basic earnings per share were CNY 0.086, reflecting a growth of 36.51% compared to the same period last year[4] - Total operating revenue for Q1 2022 was ¥86,834,904.86, a decrease of 14.6% compared to ¥101,637,617.80 in Q1 2021[15] - Net profit attributable to shareholders for Q1 2022 was ¥10,493,787.21, an increase of 83.5% from ¥5,732,893.54 in Q1 2021[16] - Basic and diluted earnings per share for Q1 2022 were both ¥0.086, compared to ¥0.063 in Q1 2021[16] - The company reported a gross profit of ¥36,923,734.56 for Q1 2022, compared to ¥40,503,894.35 in Q1 2021[15] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,824.76 million, a slight increase of 0.30% from the end of the previous year[5] - As of March 31, 2022, the company's total assets amounted to approximately ¥1.82 billion, a slight increase from ¥1.81 billion as of December 31, 2021[10] - Total liabilities as of the end of Q1 2022 were ¥102,391,480.19, down from ¥107,222,512.12 at the end of Q1 2021[12] - The company's non-current assets totaled ¥58.30 million, down from ¥61.51 million, indicating a decrease of about 5.3%[11] Cash Flow - The net cash flow from operating activities was negative CNY 34.78 million, a decline of 1,725.82% year-on-year, primarily due to decreased sales revenue and increased inventory[6] - The net cash flow from operating activities was -$34,775,725.24, a significant decrease compared to $2,138,969.52 in the previous year, indicating a decline in operational performance[19] - The company reported a total cash inflow from operating activities of $122,909,369.30, down from $138,484,001.29, reflecting a decrease in operational cash generation[19] - Cash and cash equivalents at the end of the period totaled $223,558,495.39, down from $618,319,798.65 at the beginning of the period, indicating a significant cash outflow[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,062[8] - The largest shareholder, Zhuhai Ruisheng Investment Partnership, held 23.13% of the shares, totaling 28,223,600 shares[8] - Total equity attributable to shareholders was ¥1,722,369,640.24, an increase from ¥1,712,037,241.73 in Q1 2021[12] Expenses and Costs - Research and development expenses totaled CNY 29.53 million, accounting for 34.01% of operating revenue, an increase of 4.49 percentage points[4] - Total operating costs for Q1 2022 were ¥81,948,131.30, down 18.1% from ¥100,189,292.81 in Q1 2021[15] - The company’s financial expenses for Q1 2022 were -¥8,188,937.38, compared to -¥2,243,607.61 in Q1 2021, indicating a significant increase in financial income[15] - The company paid $11,019,398.82 in other operating cash payments, significantly higher than $5,201,473.15 in the same quarter last year, indicating increased operational costs[19] Inventory and Accounts Payable - The company's inventory increased significantly to ¥173.83 million, compared to ¥120.62 million in the previous year, reflecting an increase of approximately 44%[10] - Accounts payable rose to ¥70.78 million from ¥57.34 million, representing an increase of about 23.5%[11] Investment Activities - Total cash inflow from investment activities was $202,859,136.84, a substantial increase from $42,119,639.28 year-over-year[19] - The net cash flow from investment activities was -$356,301,191.49, contrasting with a positive cash flow of $23,455,936.01 in the same quarter last year, reflecting increased investment expenditures[19] - The company received $202,000,000.00 from investment recoveries, a notable increase from $42,000,000.00 in the prior year, highlighting successful investment recoveries[19] Other Information - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[10] - There were no significant mergers or acquisitions reported in the first quarter of 2022[10] - The impact of exchange rate changes on cash and cash equivalents was -$21,367.51, contrasting with a positive impact of $59,781.03 in the previous year[20]