方正电机(002196) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥570,783,279.06, representing a 37.96% increase compared to ¥413,717,563.81 in the same period last year[3] - The net profit attributable to shareholders decreased by 12.29% to ¥5,965,632.63 from ¥6,801,307.53 year-on-year[3] - The net profit after deducting non-recurring gains and losses dropped by 70.86% to ¥570,979.99 from ¥1,959,224.81 in the previous year[3] - Total operating revenue for the first quarter was CNY 570,783,279.06, an increase from CNY 413,717,563.81 in the previous year, representing a growth of approximately 37.9%[14] - The company's net loss for the period was CNY 747,924,026.66, slightly improved from a loss of CNY 753,889,659.29 in the previous year[13] - The net profit for the first quarter of 2022 was CNY 5,766,938.97, a significant increase from CNY 851,506.46 in the same period last year, representing a growth of approximately 577.5%[16] - Operating profit reached CNY 4,888,283.83, compared to CNY 2,612,795.26 in the previous year, indicating a year-over-year increase of about 87.0%[16] - The company reported a total comprehensive income of CNY 5,684,724.85, compared to CNY 616,950.60 in the same quarter last year, marking an increase of approximately 820.5%[17] - The basic and diluted earnings per share were both CNY 0.0120, down from CNY 0.0145 in the previous year, a decrease of about 17.2%[17] Assets and Liabilities - The company's total assets increased by 2.78% to ¥3,288,948,298.96 compared to ¥3,200,013,234.40 at the end of the previous year[3] - The total assets of the company reached CNY 3,288,948,298.96, up from CNY 3,200,013,234.40, marking an increase of about 2.8%[13] - The total liabilities increased to CNY 1,758,523,151.45 from CNY 1,685,959,723.83, which is an increase of approximately 4.3%[13] - The company reported a total equity of CNY 1,530,425,147.51, up from CNY 1,514,053,510.57, reflecting an increase of approximately 1.1%[13] Cash Flow and Investments - Cash flow from operating activities decreased by 6.86% to ¥74,275,036.78 from ¥79,745,731.77 year-on-year[3] - The cash flow from operating activities was CNY 74,275,036.78, slightly down from CNY 79,745,731.77 in the previous year, a decrease of about 6.2%[20] - The net cash flow from investing activities was negative at CNY -242,112,547.07, compared to CNY -33,805,525.65 in the previous year, indicating increased investment outflows[20] - The net cash flow from financing activities was CNY 88,625,212.88, a significant improvement from CNY -25,585,935.60 in the same quarter last year[20] Operational Metrics - The company reported a significant increase in accounts receivable by 88.44% due to higher sales and more receivable notes[7] - Prepayments increased by 92.17% primarily due to payments for bulk commodity prepayments[7] - The company experienced a 63.05% increase in construction in progress due to increased orders in the new energy sector[7] - Total operating costs amounted to CNY 577,482,942.35, up from CNY 418,862,750.01, indicating a rise of about 37.9%[14] - Accounts receivable increased to CNY 571,774,314.57 from CNY 550,570,944.67, showing a growth of about 3.9%[12] - Inventory decreased to CNY 382,121,604.05 from CNY 396,618,103.20, a reduction of approximately 3.7%[12] Other Income and Expenses - Financial expenses decreased by 152.75% compared to the previous year, attributed to currency exchange rate fluctuations[7] - Other income rose by 134.22% year-on-year, mainly due to an increase in government subsidies received[7] - Research and development expenses were CNY 29,085,647.16, compared to CNY 30,017,798.70 in the previous year, indicating a decrease of about 3.1%[14] - The company's cash and cash equivalents decreased to CNY 517,654,322.22 from CNY 567,391,159.29, reflecting a decline of approximately 8.8%[12] - Cash and cash equivalents at the end of the period totaled CNY 266,574,576.30, down from CNY 345,809,434.75 at the beginning of the period, a decrease of approximately 22.9%[21] - The company experienced a decrease in other comprehensive income, with a net amount of CNY -82,214.12 compared to CNY -234,555.86 in the previous year[16]