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菱电电控(688667) - 2022 Q1 - 季度财报
Wuhan LinWuhan Lin(SH:688667)2022-04-28 16:00

Financial Performance - The company's operating revenue for Q1 2022 was ¥170,947,044.33, representing a decrease of 14.48% compared to the same period last year[5] - The net profit attributable to shareholders was ¥39,675,582.16, an increase of 12.34% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥31,062,503.19, down by 10.81% compared to the previous year[5] - Total operating revenue for Q1 2022 was ¥170,947,044.33, a decrease of 14.5% compared to ¥199,893,947.21 in Q1 2021[19] - Total operating costs for Q1 2022 were ¥142,457,841.44, down 13.0% from ¥163,753,274.24 in Q1 2021[19] - Gross profit for Q1 2022 was ¥28,489,202.89, representing a gross margin of 16.7%[20] - Net profit for Q1 2022 was ¥39,675,582.16, an increase of 12.2% from ¥35,316,041.08 in Q1 2021[21] - Earnings per share for Q1 2022 were ¥0.77 (basic) and ¥0.75 (diluted), compared to ¥0.91 for both in Q1 2021[21] Cash Flow and Investments - The net cash flow from operating activities was ¥38,173,261.92, with no applicable comparison[6] - Cash flow from operating activities for Q1 2022 was ¥38,173,261.92, a significant improvement from a negative cash flow of -¥22,202,124.45 in Q1 2021[23] - The company reported a net cash inflow from investment activities of ¥532,000,000.00 in Q1 2022[23] - Net cash inflow from investment activities totaled approximately $535.85 million, while cash outflow was about $567.24 million, resulting in a net cash flow of -$31.39 million[24] - The company received cash from financing activities amounting to $905.73 million, with net cash flow from financing activities at -$30.66 million[24] - The ending balance of cash and cash equivalents was $90.41 million, down from $299.66 million in the previous period[24] - The company reported a decrease in cash and cash equivalents by approximately $23.88 million during the quarter[24] - The initial cash and cash equivalents balance was $114.29 million, indicating a significant reduction in liquidity[24] Research and Development - The total R&D investment amounted to ¥26,527,320.09, which is an increase of 70.85% year-on-year[6] - R&D investment accounted for 15.52% of operating revenue, an increase of 7.75 percentage points compared to the previous year[6] - R&D expenses for Q1 2022 were ¥26,527,320.09, up 70.9% from ¥15,526,970.53 in Q1 2021[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,766,533,502.56, showing no significant change from the previous year[6] - Total current assets decreased to ¥1,545,045,777.39 from ¥1,606,048,829.04, a decline of about 3.8%[15] - Total non-current assets increased to ¥221,487,725.17 from ¥160,572,366.54, an increase of approximately 37.9%[16] - Total liabilities as of Q1 2022 were ¥320,435,324.84, a decrease from ¥360,198,600.02 in Q1 2021[20] - Total current liabilities decreased to ¥301,015,750.97 from ¥340,908,081.27, a decline of about 11.7%[16] - The company has no long-term borrowings reported in the current liabilities section[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 3,386[12] - The largest shareholder, Wang Heping, holds 25.96% of shares with 13,397,369 shares[12] - The report indicates no significant changes in the shareholder structure or any related party transactions[13] Other Financial Metrics - The weighted average return on equity was 2.78%, a decrease of 5.76 basis points year-on-year[6] - The company reported a non-recurring gain of ¥8,613,078.97 for the period[8] - The company experienced a decrease in accounts receivable financing by 41.58%, primarily due to an increase in bill collections during the reporting period[9] - Total assets slightly decreased to ¥1,766,533,502.56 from ¥1,766,621,195.58, a negligible decline[16] - The company reported a significant increase in inventory, rising to ¥215,645,535.44 from ¥172,573,410.04, an increase of approximately 24.9%[15]