PSR Tech(SH:688565)2023-05-03 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 41,478,451.92, representing a year-on-year increase of 2.70%[5] - Net profit attributable to shareholders of the listed company reached CNY 6,093,968.43, marking a significant increase of 46.42% compared to the same period last year[5] - The net profit for Q1 2022 was CNY 6,093,968.43, an increase from CNY 4,162,032.00 in Q1 2021, representing a growth of approximately 46.3%[21] - Operating profit for Q1 2022 reached CNY 7,010,688.72, compared to CNY 4,214,365.51 in the same period last year, indicating a year-over-year increase of about 66.5%[21] - The total comprehensive income for Q1 2022 was CNY 6,093,968.43, up from CNY 4,162,032.00 in the same quarter of the previous year, indicating a growth of approximately 46.3%[22] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.06, compared to CNY 0.05 in Q1 2021, reflecting a 20% increase[22] Operating Costs and Expenses - Total operating costs for Q1 2022 were CNY 45,566,926.31, up from CNY 35,805,144.42 in Q1 2021, indicating an increase of about 27.3%[20] - Operating costs included CNY 36,645,590.34 in cost of goods sold, which rose from CNY 28,235,369.44 in the previous year, reflecting a 29.8% increase[20] - Research and development expenses totaled CNY 4,177,101.68, accounting for 10.07% of operating revenue, which is an increase of 0.37 percentage points[6] - R&D expenses for Q1 2022 were CNY 4,177,101.68, compared to CNY 3,915,733.62 in Q1 2021, marking an increase of approximately 6.7%[20] - The company's financial expenses for Q1 2022 were CNY 39,251.71, compared to CNY 819,014.38 in Q1 2021, showing a significant reduction[21] Cash Flow and Investments - The net cash flow from operating activities was CNY 4,245,513.17, reflecting a substantial increase of 116.27%[6] - Cash flow from operating activities generated a net amount of CNY 4,245,513.17, a significant recovery from a negative cash flow of CNY -26,087,910.15 in Q1 2021[26] - The company reported a net cash increase of CNY 46,580,266.17 in Q1 2022, contrasting with a decrease of CNY -21,615,946.94 in Q1 2021[27] - The cash outflow from investing activities was CNY 5,252,870.00, compared to CNY 4,524,030.80 in the previous year, indicating an increase in investment spending[27] - The cash inflow from financing activities totaled CNY 59,464,674.60, a substantial increase from CNY 22,244,330.83 in Q1 2021, highlighting improved financing efforts[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 918,645,507.77, up 4.62% from the end of the previous year[6] - Total assets as of March 31, 2022, amounted to CNY 918,645,507.77, compared to CNY 878,081,683.97 at the end of 2021, reflecting an increase of approximately 4.6%[18] - Total liabilities as of March 31, 2022, were CNY 281,402,110.25, up from CNY 247,657,756.89 at the end of 2021, indicating an increase of about 13.6%[17] - The company's equity attributable to shareholders was CNY 637,243,397.52 as of March 31, 2022, slightly up from CNY 630,423,927.08 at the end of 2021, showing a marginal increase of about 1.3%[18] - Accounts receivable as of March 31, 2022, were CNY 257,143,691.89, down from CNY 270,941,506.33 at the end of 2021, indicating a decrease of approximately 5.1%[16] - Inventory as of March 31, 2022, was CNY 77,385,016.07, an increase from CNY 66,740,403.91 at the end of 2021, reflecting a growth of about 15.9%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,259[12] - The largest shareholder, Shen Wanzhong, holds 31.33% of the shares, totaling 35,330,000 shares[12] - The company received government subsidies related to major technical equipment, contributing to the increase in net profit[9] Other Financial Metrics - The weighted average return on net assets was 0.93%, a decrease of 0.06 percentage points[6]