姚记科技(002605) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 1,009,966,281.48, representing a 2.94% increase compared to CNY 981,142,310.13 in the same period last year[3] - Net profit attributable to shareholders decreased by 53.77% to CNY 91,804,797.30 from CNY 198,589,062.29 year-on-year[3] - The net profit after deducting non-recurring gains and losses fell by 54.51% to CNY 83,133,683.84 compared to CNY 182,763,225.96 in the previous year[3] - Basic earnings per share dropped by 54.14% to CNY 0.2274 from CNY 0.4959 in the same period last year[3] - Diluted earnings per share decreased by 50.77% to CNY 0.2247 compared to CNY 0.4564 in the previous year[3] - Total operating revenue for the current period reached ¥1,009,966,281.48, an increase from ¥981,142,310.13 in the previous period, representing a growth of approximately 2.8%[25] - Net profit for the current period was ¥73,033,939.53, a decrease from ¥200,784,360.02, reflecting a decline of about 63.6%[28] - Basic earnings per share decreased to ¥0.2274 from ¥0.4959, a decline of approximately 54.2%[31] - The total profit for the current period was ¥93,014,196.05, down from ¥226,404,303.63, indicating a decline of about 58.9%[28] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 38.68% to CNY 113,265,009.58 from CNY 184,698,817.90 year-on-year[3] - Cash inflow from operating activities totaled ¥1,317,446,844.51, compared to ¥1,081,324,421.18 in the previous period, showing an increase of about 21.8%[32] - The net cash flow from operating activities was $113,265,009.58, a decrease of 38.6% compared to $184,698,817.90 in the previous period[35] - Total cash outflow from operating activities amounted to $1,204,181,834.93, up 34.2% from $896,625,603.28[35] - Cash inflow from financing activities reached $224,272,138.31, an increase of 151.1% compared to $89,275,572.69[35] - The cash and cash equivalents at the end of the period totaled $567,766,612.39, down 17.9% from $691,924,252.76[38] Assets and Liabilities - Total assets increased by 4.43% to CNY 4,155,501,798.51 from CNY 3,979,230,458.64 at the end of the previous year[3] - The total liabilities of the company as of March 31, 2022, were RMB 1,564,750,085.94, compared to RMB 1,525,359,902.45 at the beginning of the year, marking an increase of about 2.6%[21] - The company's cash and cash equivalents increased to RMB 687,496,820.20 from RMB 582,156,738.52, reflecting a growth of about 18.1%[18] - Accounts receivable rose to RMB 439,592,632.08, up from RMB 322,728,938.69, indicating an increase of approximately 36.3%[18] - The company reported a decrease in inventory from RMB 317,524,029.71 to RMB 248,755,375.70, a reduction of about 21.6%[18] - The company's equity attributable to shareholders increased to RMB 2,550,023,789.50 from RMB 2,447,923,448.06, showing a growth of approximately 4.2%[24] - The company’s retained earnings rose to RMB 1,942,753,446.59 from RMB 1,850,948,649.29, an increase of approximately 4.9%[24] Expenses and Investments - Total operating costs increased to ¥927,464,915.13 from ¥771,185,326.04, marking a rise of about 20.3%[25] - Research and development expenses rose to ¥57,172,129.78, up from ¥41,506,690.47, indicating a growth of approximately 37.7%[25] - The company reported a decrease in tax expenses to ¥19,980,256.52 from ¥25,619,943.61, a reduction of approximately 22.5%[28] - Cash paid to employees and for employee benefits was $145,346,848.03, an increase of 13.1% from $128,503,161.94[35] - Cash paid for taxes was $30,328,563.52, a decrease of 27.3% compared to $41,740,078.79[35] - Cash inflow from investment activities was $587,397.24, a significant decrease from $125,534,118.37[35] - Cash outflow for the acquisition of fixed assets was $18,428,635.91, down 43.8% from $32,822,866.22[35] Non-Recurring Items - The company reported non-recurring gains of CNY 8,671,113.46, primarily from government subsidies and asset disposals[5] - Increased promotional expenses and R&D investments in mobile gaming were cited as reasons for the decline in net profit[6] - Investment income showed a loss of ¥1,784,280.11, a significant drop from a gain of ¥19,474,373.07 in the previous period[28] Future Outlook - The company is in the process of issuing convertible bonds, with the approval from the China Securities Regulatory Commission pending, which may impact future funding strategies[15]