华秦科技(688281) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥142,165,046.74, representing a year-on-year increase of 203.54%[6] - The net profit attributable to shareholders was ¥59,293,593.41, reflecting a growth of 92.01% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥49,257,356.00, which is an increase of 371.07% year-on-year[6] - Total operating revenue for Q1 2022 was RMB 142,165,046.74, a significant increase from RMB 46,834,978.54 in Q1 2021, representing a growth of approximately 203.5%[35] - Net profit for Q1 2022 reached RMB 59,293,593.41, up from RMB 30,879,724.40 in Q1 2021, indicating a growth of approximately 92.1%[39] - Operating profit for Q1 2022 reached ¥69.08 million, up 100.5% from ¥34.41 million in Q1 2021[61] - Net profit for Q1 2022 was ¥59.29 million, representing a 92.1% increase from ¥30.88 million in Q1 2021[63] Cash Flow and Liquidity - The cash flow from operating activities was negative at -¥71,432,793.33, a decline of 231.57% year-on-year[6] - Cash flow from operating activities in Q1 2022 was RMB 27,173,739.40, a decrease from RMB 92,666,084.17 in Q1 2021, representing a decline of about 70.7%[43] - Net cash flow from operating activities was -71,432,793.33 RMB, a significant decrease compared to 54,291,594.06 RMB in the previous period[47] - Total cash inflow from financing activities reached 2,982,443,195.60 RMB, while cash outflow was 81,003,861.01 RMB, resulting in a net cash flow of 2,901,439,334.59 RMB[49] - Cash and cash equivalents at the end of the period totaled 332,663,821.17 RMB, up from 29,130,120.41 RMB at the end of the previous period[49] Assets and Liabilities - The total assets at the end of the reporting period reached ¥3,716,373,255.56, a significant increase of 383.66% from the end of the previous year[9] - As of March 31, 2022, the company's total assets reached ¥3,716,373,255.56, a significant increase from ¥768,388,438.02 at the end of 2021[24] - The company's total equity attributable to shareholders was RMB 3,553,436,625.90, with retained earnings of RMB 364,201,677.94 as of the end of the reporting period[33] - The total liabilities and equity amounted to RMB 3,716,373,255.56, reflecting the company's financial structure at the end of the quarter[33] - The total current liabilities decreased to ¥117,082,996.48 from ¥122,676,961.86, a reduction of about 4.8%[31] - The company's equity increased to ¥66,666,668.00 from ¥50,000,000.00, representing a growth of 33.3%[31] - The total liabilities decreased to 162,374,260.07 RMB from 231,882,727.35 RMB in the previous period[55] Research and Development - Research and development expenses amounted to ¥12,640,100.11, which is a decrease of 16.70% compared to the previous year[9] - Research and development expenses for Q1 2022 amounted to RMB 12,640,100.11, down from RMB 15,174,312.43 in Q1 2021, indicating a decrease of approximately 16.7%[35] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 44.86%, attributed to the rise in revenue[12] - Accounts receivable increased to ¥356,229,281.23 from ¥245,909,988.77, reflecting a growth of approximately 44.8%[28] - The company's inventory stood at ¥33,638,783.72, slightly down from ¥34,161,090.47[28] Financial Stability - The company's non-current liabilities totaled ¥45,853,633.18, a decrease from ¥109,768,125.50, showing improved financial stability[31] - The company reported a financial expense of RMB -171,107.55 in Q1 2022, compared to RMB 449,541.83 in Q1 2021, showing a significant improvement in financial costs[35] - The company experienced a credit impairment loss of RMB -7,487,826.34 in Q1 2022, contrasting with a gain of RMB 4,283,493.31 in Q1 2021, indicating a shift in credit quality[39] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to sustain growth[12] Other Notable Points - The company has not reported any significant new product developments or market expansions during this period[23] - The company's capital reserve increased to 3,088,688,336.15 RMB from 147,155,322.32 RMB[55] - The company's retained earnings rose to 364,212,714.09 RMB, compared to 304,919,494.31 RMB in the previous period[55]