超华科技(002288) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 563,059,168.85, representing a 4.47% increase compared to CNY 538,972,381.59 in the same period last year[4] - Net profit attributable to shareholders decreased by 16.35% to CNY 28,014,134.87 from CNY 33,491,690.89 year-on-year[4] - The net profit after deducting non-recurring gains and losses increased by 16.42% to CNY 40,538,704.35 compared to CNY 34,820,324.68 in the previous year[4] - Total operating revenue for Q1 2022 was CNY 563,059,168.85, an increase of 4.0% compared to CNY 538,972,381.59 in Q1 2021[17] - Net profit for Q1 2022 was CNY 27,814,903.67, a decrease of 17.5% from CNY 33,732,676.62 in Q1 2021[18] - The basic earnings per share for Q1 2022 was CNY 0.0301, down from CNY 0.0359 in Q1 2021[18] Cash Flow and Liquidity - The net cash flow from operating activities rose by 23.48% to CNY 44,855,642.94 from CNY 36,324,892.38 in the same period last year[4] - The total cash inflow from operating activities was CNY 630,659,342.10, compared to CNY 2,259,945,511.96 in the same period last year, indicating a significant decrease[20] - The net cash flow from investment activities was -¥13,015,234.34 for Q1 2022, indicating a significant outflow[21] - The total cash inflow from financing activities was ¥102,973,418.18, while the cash outflow was ¥91,830,057.25, resulting in a net cash flow of ¥11,143,360.93[21] - The cash and cash equivalents at the end of Q1 2022 amounted to ¥57,370,456.44, an increase from ¥14,498,192.91 at the beginning of the period[21] - The company’s cash and cash equivalents increased by ¥42,872,263.53 during Q1 2022, reflecting positive cash management[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,708,678,108.79, a 1.18% increase from CNY 3,665,337,956.08 at the end of the previous year[4] - The total liabilities as of Q1 2022 amounted to CNY 2,023,545,467.60, slightly up from CNY 2,007,606,261.60 in Q1 2021[16] - The total current assets increased to CNY 2,031,043,148.03 from CNY 1,958,277,260.68, reflecting a growth of approximately 3.7%[13] - The total liabilities increased, with accounts payable rising to CNY 408,739,983.37 from CNY 394,833,845.13, reflecting an increase of about 3.5%[14] - Short-term borrowings increased to CNY 849,412,500.00 from CNY 832,387,500.00, indicating a rise of about 2.0%[14] Operational Highlights - The company is in the process of establishing a regional innovation center for high-performance electrolytic copper foil, as approved by the Guangdong Provincial Department of Industry and Information Technology[11] - The company is actively engaged in the development of new technologies and products, as indicated by its ongoing projects and innovation initiatives[11] Compliance and Governance - The company received corrective measures from the China Securities Regulatory Commission, indicating a focus on compliance and governance improvements[11] Other Financial Metrics - Cash and cash equivalents increased by 62.08% to CNY 88,479,613.97 due to an increase in received payments[7] - The company reported a significant increase in tax and additional fees by 64.22% to CNY 2,885,824.75, attributed to increased VAT payments[7] - Other income decreased by 98.00% to CNY 110,359.88 due to a reduction in government subsidies received[7] - The company experienced a 420.65% increase in credit impairment losses, amounting to CNY -6,122,232.11, due to increased provisions for bad debts[7] - Research and development expenses for Q1 2022 were CNY 27,408,806.13, down from CNY 32,203,001.95 in Q1 2021, indicating a decrease of 14.0%[17] - The company reported a decrease in other comprehensive income after tax of CNY -825,814.56 compared to CNY 925,269.54 in the previous year[18] - The report for Q1 2022 was not audited, which may affect the reliability of the financial data presented[22] - The company experienced a foreign exchange impact of -¥111,506.00 on cash and cash equivalents[21]