Amlogic(SH:688099)2022-04-27 16:00Financial Performance - The company's revenue for Q1 2022 was RMB 1,481,035,343.80, representing a year-on-year increase of 59.40%[4] - Net profit attributable to shareholders was RMB 270,401,213.31, up 202.24% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was RMB 257,423,010.60, reflecting a 228.70% increase year-on-year[4] - Basic earnings per share reached RMB 0.66, marking a 200.00% increase from the previous year[4] - Total operating revenue for Q1 2022 reached ¥1,481,035,343.80, a 59.3% increase from ¥929,126,199.19 in Q1 2021[18] - Net profit for Q1 2022 was ¥270,424,038.36, compared to ¥89,171,346.97 in Q1 2021, representing a significant increase of 203.5%[19] - Basic earnings per share for Q1 2022 were ¥0.66, up from ¥0.22 in Q1 2021, marking a 200% increase[19] - The comprehensive income total for Q1 2022 was ¥268,785,561.21, compared to ¥91,479,073.93 in Q1 2021, showing a substantial increase of 194.5%[19] Research and Development - Research and development expenses totaled RMB 268,199,201.97, an increase of 42.81%, with R&D expenses accounting for 18.11% of revenue[6] - R&D expenses in Q1 2022 amounted to ¥268,199,201.97, an increase of 42.7% from ¥187,803,899.92 in Q1 2021[18] Cash Flow - The company reported a net cash flow from operating activities of RMB 71,866,232.05, which decreased by 19.63% year-on-year[4] - Cash flow from operating activities in Q1 2022 was ¥1,599,254,731.26, compared to ¥999,804,601.37 in Q1 2021, indicating a growth of 60.0%[20] - Net cash flow from operating activities was $71.87 million, down from $89.42 million year-over-year, representing a decline of 19.6%[21] - Cash inflow from investment activities reached approximately $1.49 billion, up from $1.21 billion, marking a growth of 23.3%[21] - Net cash flow from investment activities was $247.93 million, compared to $102.76 million in the previous year, showing an increase of 141.5%[21] - The net increase in cash and cash equivalents was approximately $313.52 million, compared to $207.94 million in the same period last year, reflecting a growth of 50.7%[22] - The ending balance of cash and cash equivalents was approximately $1.10 billion, down from $1.43 billion year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period were RMB 5,235,303,525.50, a 3.54% increase from the end of the previous year[6] - Total current assets as of March 31, 2022, amount to 4,322,720,860.93 RMB, an increase from 4,146,676,677.20 RMB at the end of 2021[15] - The total liabilities decreased to ¥1,006,260,655.84 in the latest report from ¥1,148,934,333.51[16] - The total equity attributable to shareholders increased to ¥4,196,159,689.00 from ¥3,874,656,547.36, reflecting a growth of 8.3%[16] - Total assets amount to 5,235,303,525.50 RMB, up from 5,056,451,236.48 RMB[15] - Non-current assets total 912,582,664.57 RMB, slightly up from 909,774,559.28 RMB[15] Market Strategy and Outlook - The company plans to continue expanding its market presence and increasing R&D efforts to capitalize on market opportunities in the smart audio and home sectors[7] - The company expects sustained rapid growth in performance for the second quarter of 2022, driven by strong market demand for new products[7] Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,574[10] - Amlogic (Hong Kong) Limited holds 146,211,461 shares, representing 35.56% of total shares[10] Other Financial Metrics - The weighted average return on equity was 6.70%, up from 3.69% in the previous year[6] - The company has no significant changes in shareholder financing or margin trading activities reported[11] - There are no significant new strategies or product developments mentioned in the report[12] - The company has adopted new accounting standards starting in 2022, which may affect financial reporting and analysis going forward[22]