国光电气(688776) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 reached ¥195,413,544.66, representing an increase of 86.32% compared to the same period last year[6] - The net profit attributable to shareholders of the listed company was ¥41,626,946.74, reflecting a growth of 51.33% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥41,157,435.06, which increased by 98.55% compared to the previous year[6] - Total operating revenue for Q1 2022 reached RMB 195,413,544.66, a significant increase of 86.3% compared to RMB 104,878,462.60 in Q1 2021[31] - Net profit for Q1 2022 was RMB 41,626,946.74, representing a 51.3% increase from RMB 27,507,501.54 in Q1 2021[34] - The company reported a total profit of RMB 49,293,024.11 for Q1 2022, up from RMB 32,545,171.59 in Q1 2021[34] Research and Development - Research and development expenses totaled ¥11,067,750.34, marking a significant increase of 248.76% year-on-year[9] - R&D expenses accounted for 5.66% of operating revenue, up by 2.63 percentage points from the previous year[9] - Research and development expenses in Q1 2022 amounted to RMB 11,067,750.34, a substantial rise of 248.5% compared to RMB 3,173,437.33 in Q1 2021[31] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥50,054,783.45, indicating a significant cash outflow during the quarter[6] - Cash flow from operating activities in Q1 2022 showed a net outflow of RMB 50,054,783.45, worsening from a net outflow of RMB 39,602,344.94 in Q1 2021[41] - The net cash flow from financing activities was -$309,416.67, compared to -$627,600.00 in the previous period, indicating a decrease of approximately 50.7%[42] - Cash and cash equivalents at the end of the period totaled $1,042,225,014.42, down from $1,095,530,800.10 at the beginning of the period, reflecting a decrease of about 4.9%[42] - The net increase in cash and cash equivalents was -$53,305,785.68, compared to -$41,616,855.31 in the previous period, showing a decline of approximately 28.3%[42] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,100,911,385.02, an increase of 4.09% from the end of the previous year[9] - As of March 31, 2022, the total current assets amounted to ¥1,934,791,361.24, an increase from ¥1,852,307,334.65 as of December 31, 2021, representing a growth of approximately 4.4%[22] - Accounts receivable increased to ¥580,149,799.38 from ¥458,062,200.75, reflecting a rise of about 26.6% year-over-year[26] - Inventory reached ¥211,405,709.92, up from ¥195,300,376.64, indicating an increase of approximately 8.3%[26] - Total liabilities increased to ¥433,298,205.30 from ¥393,019,782.10, which is an increase of approximately 10.2%[29] - The total assets as of March 31, 2022, were ¥2,100,911,385.02, compared to ¥2,018,283,342.38 at the end of 2021, marking a growth of about 4.1%[26] - The total equity remained stable at ¥1,667,613,179.72 as of March 31, 2022, compared to ¥1,625,263,560.28 at the end of 2021, showing a modest increase of approximately 2.6%[29] Other Information - The company achieved over 300% revenue growth in the microwave device sector, driven by steady sales in the military industry[14] - The company reported a decrease of nearly 100% in non-recurring gains and losses compared to the previous period, contributing to the significant increase in net profit[14] - The company has not disclosed any new product launches or technological advancements during this reporting period[22] - There are no significant mergers or acquisitions reported in the current quarter[22] - The company did not apply the new accounting standards for the first quarter of 2022, which may influence financial reporting going forward[42]