长远锂科(688779) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 reached ¥3,392,940,205.66, representing a year-on-year increase of 179.31%[5] - Net profit attributable to shareholders was ¥303,899,733.84, up 163.75% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥277,396,536.64, reflecting a 151.73% increase year-on-year[5] - Total operating revenue for Q1 2022 reached ¥3,392,940,205.66, a significant increase from ¥1,214,772,018.26 in Q1 2021, representing a growth of approximately 179.5%[33] - Net profit for Q1 2022 was ¥303,899,733.84, up from ¥115,224,327.15 in Q1 2021, reflecting a growth of approximately 163.5%[36] - The company reported a total comprehensive income of ¥303,899,733.84 for Q1 2022, compared to ¥115,224,327.15 in Q1 2021, reflecting a substantial increase[36] Earnings and Shareholder Metrics - The basic earnings per share for the reporting period was ¥0.16, marking a 100.00% increase[5] - Earnings per share for Q1 2022 were ¥0.16, compared to ¥0.08 in Q1 2021, doubling the earnings per share[36] - The weighted average return on equity was 4.55%, an increase of 0.99 percentage points[5] - The total equity attributable to shareholders reached ¥6,827,202,646.27, up from ¥6,523,302,912.43, indicating a growth of approximately 4.7%[33] - The total number of ordinary shareholders at the end of the reporting period was 59,257[14] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥11,465,699,951.78, a 22.00% increase from the end of the previous year[8] - As of March 31, 2022, the company's total assets reached ¥11,465,699,951.78, an increase from ¥9,398,305,360.56 at the end of 2021, representing a growth of approximately 22%[21] - The company's current assets amounted to ¥8,175,558,438.40, up from ¥6,355,247,200.41, indicating a year-over-year increase of about 28.6%[23] - The total liabilities as of the end of the reporting period were ¥4,638,497,305.51, compared to ¥2,875,002,448.13 in the previous year, an increase of about 61.5%[33] - The total current liabilities increased to ¥4,478,157,708.32 from ¥2,720,687,495.54, representing a growth of about 64.5%[26] Cash Flow and Investments - The net cash flow from operating activities was negative at -¥477,003,030.98, indicating a significant impact from rising raw material costs[5] - Cash flow from operating activities in Q1 2022 totaled ¥324,263,005.73, slightly down from ¥327,804,657.51 in Q1 2021[39] - The net cash flow from operating activities was -$477 million, compared to -$68.6 million in the previous period, indicating a significant increase in cash outflow[43] - Total cash outflow from investing activities was $70.6 million, up from $21.9 million in the previous period, reflecting increased investment expenditures[43] - The net increase in cash and cash equivalents was -$547.5 million, compared to -$90.4 million in the previous period, highlighting a substantial decline in liquidity[43] Research and Development - Research and development expenses totaled ¥136,341,788.30, which is a 144.91% increase year-on-year[8] - Research and development expenses for Q1 2022 amounted to ¥136,341,788.30, significantly higher than ¥55,669,159.97 in Q1 2021, marking an increase of approximately 144.5%[33] Inventory and Receivables - Accounts receivable increased significantly to ¥3,290,780,542.48 from ¥2,202,785,198.86, reflecting a growth of approximately 49.3%[21] - Inventory levels rose to ¥2,353,693,078.33, compared to ¥1,576,812,680.76, marking an increase of around 49%[23] Borrowings and Payables - Short-term borrowings surged to ¥96,300,845.10 from ¥28,740,114.90, indicating a substantial increase of approximately 235%[26] - The company reported a significant rise in accounts payable, which reached ¥2,524,565,597.64, compared to ¥1,687,817,218.69, an increase of approximately 49.5%[26] Company Strategy and Developments - The company plans to continue expanding its production capacity to meet increasing market demand[5] - The company has not disclosed any new product or technology developments in the current report[21] - There are no updates on market expansion or mergers and acquisitions mentioned in the report[21] - The company did not report any cash inflows from investment activities, indicating a lack of asset disposals or returns on investments during the period[43] - The company has not disclosed any new product developments or market expansion strategies in this report[43] - There were no mentions of mergers or acquisitions in the financial results presented[43]