瑞联新材(688550) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 424,905,940.45, representing a year-on-year increase of 38.00%[5] - The net profit attributable to shareholders for Q1 2022 was CNY 79,802,876.73, reflecting a growth of 57.91% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 75,767,720.15, which is an increase of 77.76% year-on-year[5] - Basic earnings per share for Q1 2022 were CNY 1.14, up by 58.33% from the previous year[6] - Operating profit for Q1 2022 was ¥94,129,696.43, representing a 64.1% increase from ¥57,371,869.45 in Q1 2021[21] - The company recorded investment income of ¥2,193,290.08 in Q1 2022, significantly up from ¥360,547.95 in Q1 2021[20] Research and Development - The total R&D investment for the quarter was CNY 25,170,457.99, marking a 42.28% increase compared to the same period last year[6] - The R&D investment accounted for 5.92% of the operating revenue, an increase of 0.17 percentage points year-on-year[6] - Research and development expenses increased to ¥25,170,457.99 in Q1 2022, up 42.1% from ¥17,691,399.07 in Q1 2021[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -7,126,238.62, indicating increased expenditures on inventory and employee compensation[9] - Cash flow from operating activities showed a net outflow of ¥7,126,238.62 in Q1 2022, compared to a net inflow of ¥56,347,358.86 in Q1 2021[24] - The company reported cash and cash equivalents of ¥551,481,127.77 at the end of Q1 2022, down from ¥1,231,535,921.34 at the end of Q1 2021[25] Assets and Liabilities - The company's total assets at the end of the quarter were CNY 3,842,175,437.85, a slight increase of 0.30% from the end of the previous year[6] - As of March 31, 2022, the total current assets amounted to RMB 2,789,848,248.58, a decrease from RMB 2,851,132,436.31 at the end of 2021, reflecting a decline of approximately 2.15%[15] - The total liabilities decreased to RMB 904,360,331.39 from RMB 975,934,344.63, indicating a reduction of approximately 7.31%[17] - The total assets as of March 31, 2022, were RMB 3,842,175,437.85, compared to RMB 3,830,563,570.89 at the end of 2021, representing a marginal increase of about 0.31%[17] - The company's inventory increased to RMB 596,724,309.72 from RMB 527,762,046.22, marking an increase of approximately 13.06%[15] - The accounts receivable slightly decreased to RMB 302,303,638.19 from RMB 306,951,169.50, reflecting a decline of about 1.08%[15] - The company's retained earnings rose to RMB 644,883,704.27 from RMB 565,080,827.54, indicating an increase of approximately 14.06%[17] - The non-current assets totaled RMB 1,052,327,189.27, up from RMB 979,431,134.58, which is an increase of about 7.43%[16] - The short-term borrowings increased to RMB 365,021,500.00 from RMB 302,956,978.40, reflecting an increase of approximately 20.49%[16] - The company's total equity increased to RMB 2,937,815,106.46 from RMB 2,854,629,226.26, representing an increase of about 2.91%[17] Operating Costs - Total operating costs for Q1 2022 were ¥337,041,290.00, a 35.4% increase from ¥248,967,332.52 in Q1 2021[20] - The sales revenue from display materials increased by 51% year-on-year, driven by significant growth in sales to foreign customers[9]