合康新能(300048) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 318,853,420.34, representing a 13.41% increase compared to CNY 281,154,015.54 in the same period last year[5] - Net profit attributable to shareholders was CNY 9,559,524.23, up 4.87% from CNY 9,115,878.63 year-on-year[5] - Operating profit for Q1 2022 was CNY 12,842,806.53, up from CNY 8,900,708.44 in the same period last year, representing a growth of 44.1%[28] - Net profit for Q1 2022 reached CNY 12,116,620.05, compared to CNY 5,861,328.62 in Q1 2021, marking a significant increase of 106.3%[29] - Total operating revenue for Q1 2022 was CNY 318,853,420.34, an increase of 13.4% compared to CNY 281,154,015.54 in Q1 2021[27] - Basic and diluted earnings per share for Q1 2022 were CNY 0.0087, compared to CNY 0.0082 in Q1 2021, reflecting a 6.1% increase[29] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 269.32%, reaching CNY 46,107,816.67, compared to a negative cash flow of CNY -27,231,235.74 in the previous year[5] - The cash received from sales of goods and services was CNY 183,633,805.03, up from CNY 157,916,699.16 in Q1 2021, representing a growth of 16.3%[31] - The net cash flow from investment activities was 5,783,685.78, a significant improvement compared to -123,262,939.38 in the previous period[32] - The total cash inflow from financing activities amounted to 39,151,495.04, while cash outflow was 14,089,348.05, resulting in a net cash flow of -5,492,795.88[32] - The ending balance of cash and cash equivalents reached 330,900,623.00, up from 284,501,916.43 at the beginning of the period[32] - The company experienced a net increase in cash and cash equivalents of 46,398,706.57 during the quarter[32] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,608,238,905.94, a 4.97% increase from CNY 2,484,768,922.46 at the end of the previous year[5] - The total liabilities increased to CNY 755,705,883.84 from CNY 656,976,561.82, reflecting a rise of 15% year-over-year[25] - The total non-current assets decreased to ¥995,188,435.36 from ¥1,007,748,650.48, a decline of 1.6%[23] - The total current liabilities increased, with accounts payable rising to ¥350,686,740.11 from ¥301,412,504.16, an increase of 16.3%[23] Investments and Expenditures - Research and development expenses rose by 51.70% to CNY 20,885,410.37, indicating increased investment in R&D[9] - The company invested 100,000,000.00 in cash for investment activities during the quarter[32] - The cash outflow for the acquisition of fixed assets and other long-term assets was 18,556,795.08[32] Shareholder Information - Total number of common shareholders at the end of the reporting period is 30,585[12] - Guangdong Midea HVAC Equipment Co., Ltd. holds 18.93% of shares, totaling 208,685,418 shares[12] - The number of restricted shares held by key executives decreased, with a total of 9,213,857 shares remaining after the release of 3,032,607 shares[15] Corporate Governance and Strategy - The company plans to appoint Wu Dehai as a non-independent director, which was approved in the recent board meeting[18] - The company is focusing on expanding its market presence and enhancing its product development strategies[17] Tax and Other Expenses - The company reported a significant reduction in income tax expenses, which decreased by 78.26% to CNY 701,663.51 compared to CNY 3,227,666.04 in the previous year[10] - The company experienced a 37.81% decrease in selling expenses, which amounted to CNY 29,037,301.20, due to last year's special incentive policies[9] Contractual Obligations - The company’s contract liabilities amounted to CNY 141,588,331.43, an increase from CNY 94,607,387.59 in the previous year, indicating growth in customer commitments[24] - Contract assets surged by 251.09% to CNY 43,454,165.45, reflecting an increase in recognized contract assets based on project progress[9] Audit and Reliability - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[34]