经纬辉开(300120) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥559,874,198.25, a decrease of 22.24% compared to ¥719,976,569.54 in the same period last year[4] - Net profit attributable to shareholders increased by 111.66% to ¥27,255,137.81, up from ¥12,876,789.41 in the previous year[4] - The basic earnings per share rose by 111.91% to ¥0.0587, compared to ¥0.0277 in the previous year[4] - Net profit for Q1 2022 reached CNY 31,225,058.89, representing a 92.5% increase from CNY 16,242,141.78 in Q1 2021[21] - Earnings per share for Q1 2022 were CNY 0.0587, compared to CNY 0.0277 in the same period last year[22] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, increasing by 377.38% to ¥117,936,520.63, compared to a negative cash flow of ¥42,517,938.56 in the same period last year[4] - The total cash inflow from operating activities for the first quarter was CNY 763,102,808.73, an increase of 2.4% compared to CNY 741,374,236.06 in the previous period[25] - The ending balance of cash and cash equivalents was CNY 280,467,272.38, up from CNY 232,642,250.49 at the end of the previous period[26] - The company's cash and cash equivalents increased to ¥411,519,705.02 from ¥291,138,455.86, representing a growth of approximately 41.3%[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,088,265,834.71, a slight decrease of 0.30% from ¥4,091,108,296.16 at the end of the previous year[4] - The company's total assets amounted to CNY 4,088,265,834.71, slightly down from CNY 4,091,108,296.16 at the end of the previous quarter[19] - Total liabilities decreased to CNY 1,465,616,133.54 from CNY 1,496,402,005.02 in the previous quarter[19] - The company's equity attributable to shareholders increased to CNY 2,531,828,333.13 from CNY 2,507,854,844.18[19] Investment and Income - The company reported a significant increase in investment income by 53.19%, attributed to a reduction in losses from investments accounted for using the equity method[9] - Other income decreased by 34.19%, mainly due to a reduction in fiscal subsidies and related income[9] Operational Efficiency - The company experienced a decrease in contract liabilities by 42.03%, primarily due to a reduction in advance payments received[8] - The company reported a decrease in credit impairment losses by 80.72%, reflecting a reduction in the accounts receivable that required impairment[9] - Research and development expenses for Q1 2022 were CNY 18,618,793.21, a decrease of 7.5% from CNY 20,124,793.99 in Q1 2021[20] Inventory and Current Assets - Accounts receivable decreased to ¥652,221,372.83 from ¥764,609,138.76, a decline of about 14.7%[17] - Inventory rose to ¥592,592,476.44 from ¥521,701,369.67, indicating an increase of approximately 13.6%[17] - The total current assets amounted to ¥1,940,143,739.60, slightly up from ¥1,925,580,256.06, reflecting a growth of about 0.8%[17] Corporate Actions - The company plans to raise funds through a private placement to support the R&D and industrialization of RF module chips and to supplement working capital[14] - The company has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific investors, confirming compliance with issuance and listing conditions[14] Audit and Reporting - The company did not conduct an audit for the first quarter report[27] - The report was released by the board of directors on April 26, 2022[28]