奥拓电子(002587) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 201,942,166.07, representing a year-on-year increase of 15.38% compared to CNY 175,020,069.38 in the same period last year[5]. - The net profit attributable to shareholders was CNY -7,218,105.01, a decrease of 432.65% from CNY 2,169,899.87 in the previous year[5]. - Total operating revenue for the first quarter was CNY 201,942,166.07, an increase of 15.4% compared to CNY 175,020,069.38 in the previous year[27]. - Net profit for the period was a loss of CNY 7,398,900.82, compared to a profit of CNY 1,411,186.55 in the same period last year[28]. - The total comprehensive income attributable to the parent company was negative CNY 7.54 million, compared to a positive CNY 2.20 million in the same period last year[32]. Cash Flow - The net cash flow from operating activities improved to CNY -44,481,062.43, a 38.93% increase compared to CNY -72,835,457.84 in the same period last year[5]. - The net cash flow from operating activities was negative CNY 44.48 million, an improvement compared to negative CNY 72.84 million in the same period last year[33]. - The net cash flow from investing activities was positive CNY 35.18 million, a significant recovery from negative CNY 203.22 million in the previous year[33]. - The total cash outflow from operating activities was CNY 351.27 million, an increase from CNY 306.96 million in the previous year[33]. - The company reported a decrease in cash flow from financing activities, with a net inflow of CNY 184.44 thousand compared to a net outflow of CNY 27.41 million in the previous year[33]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,172,028,711.49, down 3.37% from CNY 2,247,699,606.12 at the end of the previous year[6]. - The company's total liabilities decreased to CNY 789,081,430.49 from CNY 857,026,694.44, a reduction of about 7.9%[25]. - Current assets totaled CNY 1,726,258,763.94, down from CNY 1,787,414,832.36, indicating a decrease of about 3.4%[24]. - The equity attributable to shareholders of the parent company was CNY 1,377,998,055.25, slightly down from CNY 1,385,542,890.09[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 39,446[15]. - The largest shareholder, Wu Hanqu, holds 26.25% of the shares, amounting to 171,156,663 shares[15]. - The company has a significant number of pledged shares, with Wu Hanqu pledging 128,367,497 shares[15]. - The company completed the transfer of 7,067,350 shares (approximately 1.08% of total share capital) to the 2021 employee stock ownership plan[19]. Operational Highlights - The company experienced a 241.86% increase in prepayments, amounting to CNY 20,316,500, primarily due to increased procurement prepayments[11]. - The company provided LED display equipment and related services for 179 events for the Chinese Football Association as of March 31, 2022[17]. - The company has ongoing strategies for market expansion and product development, as indicated by its partnerships and contracts[17]. Expenses - Total operating costs amounted to CNY 199,561,161.69, up from CNY 182,963,558.42, reflecting a year-over-year increase of 9.6%[27]. - The company reported a significant increase in sales expenses, which rose to CNY 33,071,349.44 from CNY 29,928,071.28, an increase of 7.2%[28]. - Research and development expenses for the quarter were CNY 19,984,617.27, compared to CNY 17,273,908.35 in the previous year, marking an increase of 9.9%[28]. - The company reported a decrease in financial expenses to CNY -417,600, a reduction of 532.80% year-on-year, mainly due to decreased interest expenses[12]. Audit and Compliance - The company did not conduct an audit for the first quarter report[34]. - The company is in compliance with its obligations regarding accounts receivable as per the agreements with its subsidiaries[18]. Tax and Refunds - The company received tax refunds amounting to CNY 5.79 million, compared to CNY 2.36 million in the previous year[32]. Impairment and Inventory - The company reported a significant increase in impairment losses, with asset impairment losses reaching CNY 12,599,300, an increase of 1,233.36% year-on-year[12]. - The company reported a significant increase in inventory, which rose to CNY 360,679,792.19 from CNY 349,140,254.99, an increase of approximately 3.5%[24].