AT&M(SZ:000969)2022-04-22 16:00Financial Performance - The company's revenue for Q1 2022 was ¥2,032,493,260.73, representing a 38.77% increase compared to ¥1,464,613,346.58 in the same period last year[2]. - Net profit attributable to shareholders was ¥86,208,912.38, up 48.38% from ¥58,098,253.87 year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥82,597,611.11, reflecting a 46.29% increase from ¥56,460,847.02 in the previous year[2]. - Total operating revenue for Q1 2022 reached ¥2,032,493,260.73, an increase from ¥1,464,613,346.58 in the same period last year, representing a growth of approximately 38.8%[19]. - Net profit for Q1 2022 was ¥100,545,551.57, compared to ¥79,728,137.96 in Q1 2021, reflecting an increase of approximately 26.0%[20]. - The total comprehensive income for the first quarter of 2022 was CNY 99,944,303.35, compared to CNY 74,265,636.09 in the previous year, representing an increase of approximately 34.7%[21]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥10,343,446,764.65, a 2.12% increase from ¥10,128,890,803.83 at the end of the previous year[2]. - The company's total liabilities increased to ¥4,214,241,526.89 from ¥4,099,593,297.51, marking a growth of about 2.8%[16]. - Non-current liabilities rose to ¥766,388,875.15, up from ¥614,677,951.40, which is an increase of approximately 24.7%[16]. - The total equity attributable to shareholders of the parent company was ¥4,833,382,609.96, compared to ¥4,747,610,099.55, showing an increase of about 1.8%[16]. - The company's current assets totaled RMB 5,921,661,541.62, up from RMB 5,651,708,764.62 at the beginning of the year, indicating a growth of approximately 4.76%[14]. Cash Flow - The net cash flow from operating activities was -¥238,876,879.49, a decrease of 135.20% compared to -¥101,563,238.99 in the same period last year[6]. - The company reported a significant decrease in cash and cash equivalents, down 19.30% to ¥1,625,939,054.02 from ¥2,014,798,045.21[6]. - The company incurred cash outflows from financing activities totaling CNY 388,546,264.39, compared to CNY 431,750,482.94 in the previous year, showing a decrease of approximately 10%[24]. - The cash inflow from financing activities was CNY 348,456,349.26, significantly higher than CNY 122,684,826.59 in the previous year, indicating a growth of about 184.5%[24]. - The company reported a net cash flow from investment activities of -CNY 73,782,030.33, worsening from -CNY 30,609,680.77 in the previous year[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 77,334[9]. - The largest shareholder, China Iron & Steel Research Group Corporation, held 35.51% of the shares, totaling 364,366,724 shares[9]. Research and Development - Research and development expenses increased by 33.52% to ¥87,336,915.99 from ¥65,412,100.99 in the previous year[6]. - Research and development expenses for Q1 2022 amounted to ¥87,336,915.99, up from ¥65,412,100.99, indicating a growth of approximately 33.5%[19]. Operational Developments - The company is actively pursuing the hydrogen fuel heavy truck application promotion project in collaboration with Hebei Steel and Hyundai Motor, which is currently in progress[12]. - Antai Technology is also expanding its production capacity in Thailand for superhard diamond tools, with funding of RMB 12,66.18 million allocated for this project[12]. - The company is undergoing a forced liquidation process for its subsidiary, Beijing Hongfuyuan Technology Co., Ltd., which is currently being handled by the Beijing First Intermediate People's Court[12]. Inventory and Receivables - Accounts receivable increased significantly to RMB 1,389,030,149.66 from RMB 887,368,950.36, representing an increase of about 56.5%[14]. - Inventory levels rose to RMB 2,287,280,412.76, compared to RMB 2,141,759,631.04 at the start of the year, reflecting an increase of approximately 6.8%[14].