通富微电(002156) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 4,501,738,566.38, representing a year-on-year increase of 37.75% compared to CNY 3,268,095,969.83 in Q1 2021[3] - The net profit attributable to shareholders for Q1 2022 was CNY 164,696,460.27, a 5.55% increase from CNY 156,043,594.11 in the same period last year[3] - The company's basic earnings per share for Q1 2022 were CNY 0.125, reflecting a 6.84% increase from CNY 0.117 in Q1 2021[3] - The net profit for the first quarter of 2022 was CNY 165,969,920.85, a slight decrease from CNY 166,784,671.26 in the same period last year[19] - The total comprehensive income for the period was CNY 141,985,937.28, compared to CNY 149,119,579.09 in the same period last year[20] Cash Flow - The net cash flow from operating activities improved to -CNY 164,785,573.05, a 54.15% increase compared to -CNY 359,439,531.94 in Q1 2021[3] - Cash received from sales and services increased by 86.12% to ¥3,847,940,660.76 compared to ¥2,067,438,746.00 in the previous period, primarily due to increased operating revenue[9] - Cash paid for purchasing goods and services rose by 67.35% to ¥3,499,268,341.18 from ¥2,090,934,308.98, attributed to higher material costs[9] - Cash flow from financing activities increased by 67.07% to ¥1,570,910,435.89 from ¥940,298,278.51, mainly due to reduced bank loan repayments[10] - The company reported a decrease in cash flow from operating activities, resulting in a net decrease in cash and cash equivalents of -484,548,095.91 CNY[23] Assets and Liabilities - The company's total assets at the end of Q1 2022 were CNY 29,516,019,610.58, an increase of 8.91% from CNY 27,101,066,163.89 at the end of the previous year[3] - Accounts receivable increased by 53.79% to CNY 3,461,408,552.17, primarily due to increased revenue and early payments from customers in the previous year[6] - The company's short-term borrowings rose by 29.84% to CNY 4,720,420,868.29, attributed to expanded production capacity[6] - Total liabilities increased to ¥18,238,452,249.00 from ¥16,078,671,529.50, reflecting a rise of 13.5%[17] - The company's equity attributable to shareholders rose to ¥10,589,314,319.87 from ¥10,441,986,798.89, an increase of 1.4%[17] Operating Costs - The gross profit margin for Q1 2022 was impacted by a 42.48% increase in operating costs, totaling CNY 3,840,219,043.39[7] - Total operating costs amounted to ¥4,369,978,439.11, up from ¥3,129,266,898.00, reflecting a year-over-year increase of 39.6%[17] - The management expenses rose to CNY 138,761,056.49, compared to CNY 98,308,072.85 in the previous year, marking an increase of approximately 41%[19] - The financial expenses increased to CNY 84,954,005.11, up from CNY 69,276,572.31, reflecting a rise of about 23%[19] Government Subsidies and Taxation - The company reported a significant increase in government subsidies, with other income rising by 60.52% to CNY 24,763,818.65 compared to CNY 15,426,864.15 in the previous year[8] - The company experienced a 124.62% increase in taxes and surcharges, amounting to CNY 14,578,286.31, primarily due to increased urban construction tax and education surcharges[7] - The company received ¥212,656,974.66 in tax refunds, a 42.20% increase from ¥149,551,891.66, primarily due to increased export tax rebates[9] Investment Activities - Cash paid for investing activities surged by 80.83% to ¥1,950,859,793.91 from ¥1,078,819,828.93, reflecting increased investments in equipment and facilities[9] - The total cash outflow from investment activities was CNY 1,980,730,118.91, compared to CNY 1,523,504,828.93 in the previous year, indicating an increase of approximately 30%[22] - The net cash flow from investing activities was -1,894,863,747.03 CNY, compared to -1,196,613,566.42 CNY in the previous year[23] Future Outlook - Future outlook includes plans for market expansion and potential new product launches, with specific strategies to be outlined in subsequent communications[18] - The company plans to conduct a non-public offering of up to 398,711,078 new shares, as approved by the China Securities Regulatory Commission[13] - The company is actively developing a stock option incentive plan, which was approved in the recent board and shareholder meetings[14]