莱特光电(688150) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥74,453,991.67, representing a decrease of 2.23% compared to the same period last year[6] - Net profit attributable to shareholders was ¥32,234,094.23, an increase of 11.31% year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥23,607,877.74, reflecting a growth of 2.68% compared to the previous year[6] - Basic and diluted earnings per share were both ¥0.09, reflecting a year-on-year increase of 12.50%[9] - The company reported a net profit margin of approximately 36.0% for Q1 2022, down from the previous year's margin[39] - Operating profit was 28,357,563.64, slightly down from 29,096,215.91, indicating a decrease of about 2.5%[40] - Total profit reached 37,588,672.05, up from 33,083,973.44, marking an increase of approximately 13.3%[40] Cash Flow - The net cash flow from operating activities was ¥93,365,880.78, showing a significant increase of 705.28% year-on-year[9] - Operating cash flow increased significantly by 705.28% to 93,365,880.78, primarily due to increased sales collections[19] - Cash flow from operating activities was 93,365,880.78, significantly higher than 11,594,222.06, showing an increase of approximately 705.5%[46] - The net cash flow from financing activities was $847.65 million, up from $10.63 million year-over-year[48] - The net increase in cash and cash equivalents was $794.24 million, contrasting with a decrease of $10.41 million in the previous period[48] - Cash paid for dividends, profits, or interest was $1.42 million, an increase from $369,813.89 in the prior period[48] Assets and Liabilities - Total assets at the end of Q1 2022 reached ¥1,904,616,617.63, an increase of 85.16% from the end of the previous year[9] - Total liabilities increased to CNY 257,742,800.04 from CNY 219,792,774.63, showing a rise in financial obligations[35] - The company's equity attributable to shareholders rose to CNY 1,646,873,817.59, compared to CNY 808,858,112.66 in the previous year[37] - Inventory levels increased to CNY 55,345,490.34 from CNY 42,430,959.73, indicating a rise in stock[32] Expenses - Research and development expenses totaled ¥6,258,269.65, which accounted for 8.41% of operating revenue, a decrease of 0.40 percentage points year-on-year[9] - Sales expenses rose to ¥3,440,010.66, a substantial increase of 195.31% compared to the same period last year, primarily due to increased customer sampling costs[16] - The company incurred financial expenses of 495,715.86, compared to a financial income of -561,571.93 in the previous period, indicating a shift in financial performance[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,998[20] - The largest shareholder, Wang Yalong, holds 49.36% of the shares, totaling 198,654,281[24] - The second-largest shareholder, Beijing Junlian Chengye Equity Investment Partnership, holds 5.28% with 21,234,294 shares[24] - The company has not disclosed any significant related party transactions among the top shareholders[27] Strategic Outlook - The report does not indicate any significant changes in the company's operational strategies or market expansion plans[28] - The company plans to expand its market presence and invest in new product development to drive future growth[39] Other Income and Investments - Other income decreased by 90.04% to 181,206.42 due to a reduction in government subsidies related to daily operations[19] - The company reported other income of 9,500,000.00, up from 4,000,000.00, indicating a growth of 137.5%[40] - The company has ongoing investments in fixed assets totaling CNY 316,361,529.64, slightly down from CNY 323,516,104.24[32] - Investment cash flow was negative at -146,452,685.83, attributed to changes in financial product inflows and increased investments in projects[19] - The company received $887.37 million from investments, indicating strong capital inflow[48] Accounting Changes - The company has adopted new accounting standards starting from 2022, which may affect financial reporting[48]