和达科技(688296) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 65,897,627, representing a year-on-year increase of 54.78%[4] - The net profit attributable to shareholders was a loss of CNY 2,212,916.93, which is a decline of 61.79% compared to the same period last year[4] - The basic earnings per share were CNY -0.02, reflecting a decrease of 71.43% year-on-year[4] - Net loss for Q1 2022 was CNY 2,969,845.95, compared to a net loss of CNY 6,882,154.29 in Q1 2021, representing a 56.8% improvement[20] - The company reported a basic and diluted earnings per share of CNY -0.02 for Q1 2022, an improvement from CNY -0.07 in Q1 2021[21] Cash Flow - The net cash flow from operating activities was a negative CNY 82,005,842.82, showing a decrease of 7.21% year-on-year[4] - Cash inflow from operating activities was CNY 77,671,894.35 in Q1 2022, compared to CNY 66,103,522.99 in Q1 2021, reflecting a growth of 17.5%[23] - The net cash flow from operating activities was -82,005,842.82, compared to -76,493,315.00 in the previous year, indicating a decline of approximately 7%[24] - The net cash flow from investing activities was -127,791,704.97, compared to -10,292,908.52 in the previous year, showing a substantial increase in cash outflow[24] - The net cash flow from financing activities was -1,091,405.50, a decrease from a positive cash flow of 9,226,657.50 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 893,807,953.06, down 6.11% from the end of the previous year[5] - The company's current assets totaled CNY 790,241,048.24, down from CNY 847,496,074.94, indicating a decrease of about 6.7% year-over-year[16] - The total liabilities decreased to CNY 164,612,330.09 in Q1 2022 from CNY 219,695,417.73 in Q1 2021, a reduction of 25.1%[18] - The total equity attributable to shareholders was CNY 720,604,333.28 in Q1 2022, slightly down from CNY 722,927,228.21 in Q1 2021[18] Expenses - Research and development expenses totaled CNY 16,258,640.20, accounting for 24.67% of operating revenue, a decrease of 4.43 percentage points from the previous year[5] - Research and development expenses increased to CNY 16,258,640.20 in Q1 2022, up 31.1% from CNY 12,388,767.41 in Q1 2021[19] - The company experienced a 54.49% increase in operating costs, primarily due to the rise in operating revenue[9] - Total operating costs for Q1 2022 were CNY 72,717,949.82, up 37.9% from CNY 52,748,885.03 in Q1 2021[19] Other Financial Metrics - The weighted average return on net assets was -0.31%, an increase of 1.37 percentage points compared to the previous year[5] - Other income increased to CNY 4,037,195.83 in Q1 2022, compared to CNY 2,480,451.13 in Q1 2021, marking a growth of 62.8%[20] - The company recorded a decrease in other comprehensive income, with a net loss of CNY -109,978.00 in Q1 2022 compared to a gain of CNY 89,982.00 in Q1 2021[20] Changes in Accounts - The accounts receivable decreased by 43.06%, mainly due to reduced sales bill collections[8] - Accounts receivable increased to CNY 263,208,177.93 from CNY 249,728,296.42, representing an increase of approximately 5.4%[16] - Inventory rose to CNY 89,547,750.42 compared to CNY 84,898,520.24, marking an increase of around 5.5%[16] - The company's cash and cash equivalents decreased to CNY 374,924,921.78 from CNY 461,903,151.75, a decline of about 18.8%[15] - The total cash and cash equivalents at the end of the period were 249,527,749.45, down from 460,416,702.74 at the beginning of the period, representing a decrease of approximately 46%[25] Corporate Developments - The company has not disclosed any new product or technology developments in the first quarter of 2022[14] - There are no significant mergers or acquisitions reported during the quarter[14] - The company has not provided specific future guidance or market expansion strategies in the current report[14]