固德威(688390) - 2022 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2022 reached ¥649,783,898.18, an increase of 46.16% compared to the same period last year[4] - Net profit attributable to shareholders was ¥9,413,357.48, a decrease of 86.54% year-on-year[4] - Basic and diluted earnings per share were both ¥0.11, a decrease of 86.08% year-on-year[4] - Net profit for Q1 2022 was RMB 7.26 million, a significant decrease of 89.5% compared to RMB 69.49 million in Q1 2021[16] - The company reported a total comprehensive income of RMB 7.51 million in Q1 2022, down from RMB 69.57 million in Q1 2021[17] Cash Flow and Financial Position - Net cash flow from operating activities was -¥178,966,249.04, an increase of 462.34% compared to the previous year[4] - Cash flow from operating activities in Q1 2022 was negative at RMB -178.97 million, worsening from RMB -31.83 million in Q1 2021[18] - The net cash flow from investing activities was -131,762,076.17, a significant decrease compared to 126,076,976.50 in the same quarter of the previous year[19] - Total cash inflow from financing activities was 1,100,000.00, while cash outflow was 2,355,458.73, resulting in a net cash flow from financing activities of -1,255,458.73[19] - The net increase in cash and cash equivalents was -317,030,438.04, contrasting with an increase of 88,886,624.55 in the first quarter of 2021[19] - The ending balance of cash and cash equivalents was 569,806,089.32, down from 765,846,295.61 in the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,893,039,161.10, up 4.80% from the end of the previous year[5] - The company's current assets totaled RMB 2,983,397,066.26, slightly up from RMB 2,939,960,961.31 in the previous year, indicating a growth of about 1.5%[12] - The total liabilities of the company were RMB 2,195,534,096.86, compared to RMB 2,036,917,079.36 at the end of 2021, representing an increase of approximately 7.8%[14] - The company's total equity reached RMB 1,697,505,064.24, up from RMB 1,677,786,248.67, reflecting a growth of about 1.1%[14] Research and Development - R&D investment totaled ¥67,949,446.30, representing 10.46% of revenue, an increase of 4.09 percentage points[5] - Research and development expenses in Q1 2022 amounted to RMB 67.95 million, an increase of 139.8% from RMB 28.32 million in Q1 2021[16] Operational Costs - Operating costs for Q1 2022 were RMB 638.58 million, up 76.0% from RMB 362.73 million in Q1 2021[15] - The company experienced significant increases in costs due to the pandemic and global chip supply shortages, impacting profitability[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,759[9] Other Financial Metrics - Non-recurring gains and losses amounted to ¥4,183,276.58 for the period[7] - The weighted average return on equity decreased by 4.13 percentage points to 0.56%[5] - The company's cash and cash equivalents decreased to RMB 937,256,577.08 from RMB 1,231,274,302.49, a decline of about 23.9%[12] - The inventory level rose significantly to RMB 1,196,076,507.59, up from RMB 854,972,355.90, marking an increase of approximately 40%[12] - The accounts receivable decreased slightly to RMB 300,426,746.09 from RMB 310,263,092.33, a decline of approximately 3%[12] - The company's long-term equity investments decreased to RMB 41,946,870.93 from RMB 43,556,402.74, a reduction of about 3.7%[13] - The company's short-term borrowings were not specified, indicating a potential focus on maintaining liquidity[13] Accounting Standards - The company did not apply the new accounting standards for the first quarter of 2022[20]