莱宝高科(002106) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,587,738,636.32, a decrease of 16.45% compared to ¥1,900,309,499.22 in the same period last year[4] - Net profit attributable to shareholders was ¥78,318,085.53, down 51.25% from ¥160,662,901.23 year-on-year[4] - The company's net profit and net profit excluding non-recurring gains and losses decreased by ¥82,344,800.00 and ¥77,131,100.00 respectively, mainly due to a decline in sales revenue and gross profit margin[10] - The company's operating revenue decreased by 312.57 million yuan, a decline of 31.25%, primarily due to reduced sales of large-size capacitive touch screen products[10] - The company's net profit for the first quarter was ¥83,952,669.01, significantly lower than ¥182,628,728.02 in the same period last year, indicating a decline of approximately 54.00%[34] - The total revenue for Q1 2022 was approximately 83.76 million CNY, a decrease from 184.28 million CNY in the same period last year[36] - The net profit for Q1 2022 was approximately 78.52 million CNY, compared to a net loss of 161.09 million CNY in Q1 2021[36] Cash Flow and Liquidity - The net cash flow from operating activities increased by 125.32% to ¥172,413,990.86, compared to ¥76,518,141.15 in the previous year[4] - Cash flow from operating activities for Q1 2022 was approximately 172.41 million CNY, an increase from 76.52 million CNY in the previous year[38] - Cash and cash equivalents at the end of the quarter amounted to ¥2,441,161,158.22, an increase from ¥2,318,236,828.67 at the beginning of the year, representing a growth of about 5.28%[30] - The total cash and cash equivalents at the end of Q1 2022 were approximately 2.44 billion CNY, up from 2.08 billion CNY at the end of Q1 2021[40] - The cash inflow from operating activities totaled approximately 2.08 billion CNY, compared to 1.96 billion CNY in the previous year[38] - The cash outflow for operating activities was approximately 1.90 billion CNY, slightly up from 1.88 billion CNY in Q1 2021[38] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,478,304,099.50, a decrease of 0.82% from ¥6,532,024,303.76 at the end of the previous year[5] - Total liabilities decreased to ¥1,719,108,405.28 from ¥1,851,071,783.05, indicating a reduction of about 7.12%[32] - The company's equity attributable to shareholders increased to ¥4,753,724,682.52 from ¥4,675,682,731.18, reflecting a growth of approximately 1.67%[34] Inventory and Accounts Receivable - The company's inventory increased by ¥270,950,500.00, representing a growth of 32.58%, primarily due to the rise in stock of large-sized capacitive touch screens and full lamination products[15] - The company reported a decrease in accounts receivable by ¥447,432,500.00, a decline of 22.73%, due to the collection of sales from the previous year[14] - Accounts receivable decreased to ¥1,520,832,125.22 from ¥1,968,264,617.11, a reduction of approximately 22.77%[30] - Inventory increased to ¥1,102,589,853.26 from ¥831,639,312.19, reflecting a rise of about 32.54%[30] Research and Development - R&D expenses decreased by 7.73 million yuan, a decline of 9.91%, primarily due to reduced investment in new products and technologies[15] - Research and development expenses for the quarter were ¥70,327,224.77, down from ¥78,059,900.41, a decrease of about 9.36%[34] Financial Expenses and Other Income - Financial expenses increased by 22.39 million yuan, a growth of 108.52%, mainly due to exchange losses from the depreciation of the US dollar against the RMB[16] - The company experienced a significant decrease in other income, down by 3.25 million yuan, a decline of 47.48%, mainly due to reduced government subsidies received[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,725[23] - The largest shareholder, China Energy Conservation and Environmental Protection Group, holds 20.84% of the shares[23] Market Conditions - The global PC shipment volume in Q1 2022 was 80.5 million units, a year-on-year decline of 5.1%, impacting the company's sales performance[9] - The company is expected to see a recovery in the consumer PC market in the near future, following a normalization of demand for notebook products[10] Other Financial Metrics - Operating costs decreased by 219.19 million yuan, a decline of 13.80%, corresponding to the decrease in sales revenue[11] - Other payables increased by 14.25 million yuan, a growth of 129.19%, primarily due to compensation received for urban renewal projects[9] - The company did not report any audited financial results for Q1 2022[41]