长信科技(300088) - 2022 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2022 was CNY 1,716,934,434.62, an increase of 10.50% compared to CNY 1,553,804,997.05 in the same period last year[4] - Net profit attributable to shareholders was CNY 181,381,785.24, a decrease of 21.66% from CNY 231,546,093.76 year-on-year[4] - Net profit excluding non-recurring gains and losses was CNY 171,610,180.64, down 21.03% from CNY 217,319,120.63 in the previous year[4] - The company reported a decrease in net profit margin, with the current margin at approximately 10.5% compared to 15.2% in the previous year[26] - Earnings per share (EPS) decreased to ¥0.0739 from ¥0.0943, indicating a decline of 21.5% year-over-year[28] Cash Flow - Operating cash flow net amount increased by 188.79% to CNY 489,199,078.60 from CNY 169,396,149.77 in the same period last year[4] - The cash inflow from operating activities totaled ¥1,702,607,550.97, an increase of 49.3% compared to ¥1,140,271,488.48 in the previous period[31] - The cash outflow from operating activities was ¥1,213,408,472.37, up from ¥970,875,338.71, resulting in a net cash flow from operating activities of ¥489,199,078.60, a significant increase from ¥169,396,149.77[33] - The cash inflow from investment activities was ¥1,170,153.54, while cash outflow was ¥261,424,180.82, leading to a net cash flow from investment activities of -¥260,254,027.28, an improvement from -¥324,016,702.03[33] - The cash inflow from financing activities amounted to ¥90,415,310.89, with cash outflow of ¥36,453,901.18, resulting in a net cash flow from financing activities of ¥53,961,409.71, compared to -¥196,993,182.88 in the previous period[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,854,814,937.58, a 2.53% increase from CNY 11,562,721,404.72 at the end of the previous year[4] - The total liabilities of the company increased, impacting the overall financial leverage[19] - Total liabilities amounted to ¥3,555,855,115.35, up from ¥3,452,428,583.78, indicating a growth of 3.0%[23] - The total current liabilities increased to CNY 641,556,594.43 from CNY 610,855,927.77, reflecting a rise of approximately 5.00%[19] Equity and Investments - Shareholders' equity attributable to the parent company was CNY 7,884,793,296.03, up 2.36% from CNY 7,703,190,765.92 at the end of the previous year[4] - The company's total equity reached ¥8,298,959,822.23, an increase of 2.3% from ¥8,110,292,820.94[23] - Investment income surged by 981.87%, reflecting increased returns from equity method investments in associated companies[9] - The company's long-term equity investments rose to CNY 790,977,080.37 from CNY 779,916,412.75, indicating an increase of about 1.36%[19] Expenses - Management expenses grew by 41.57%, primarily due to increased salaries for management personnel and the operation of a new subsidiary[9] - The company's total costs for the quarter were ¥1,512,477,748.51, which is an increase of 17.7% from ¥1,284,758,280.56 in the previous year[24] - Research and development expenses increased to ¥82,874,355.09, representing a rise of 17.9% from ¥70,267,739.69 in the previous year[24] - The company paid employee compensation totaling ¥397,070,050.05, compared to ¥279,798,426.78 in the previous period, reflecting a 42.2% increase[33] Other Financial Metrics - The company's cash and cash equivalents increased to CNY 1,686,266,120.85 from CNY 1,406,167,271.77 at the beginning of the year, reflecting a growth of approximately 19.93%[17] - Accounts receivable decreased to CNY 1,736,908,337.86 from CNY 1,793,312,036.69, indicating a reduction of about 3.14%[19] - Inventory stood at CNY 575,443,492.77, slightly down from CNY 582,284,907.77, showing a decrease of approximately 1.19%[19] - The company experienced a foreign exchange impact on cash and cash equivalents of -¥4,667,493.80, contrasting with a positive impact of ¥3,368,024.45 in the previous period[35] Strategic Focus - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[20]