秀强股份(300160) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 411,208,706.11, representing a 26.94% increase compared to CNY 323,933,746.14 in the same period last year[2] - Net profit attributable to shareholders was CNY 59,791,591.25, a significant increase of 230.28% from CNY 18,103,276.13 year-on-year[2] - The net profit after deducting non-recurring gains and losses was CNY 56,507,409.06, up 252.18% from CNY 16,045,064.48 in the previous year[2] - Basic earnings per share increased to CNY 0.0967, a rise of 230.03% from CNY 0.0293 year-on-year[2] - Total operating revenue for the first quarter reached ¥411,208,706.11, an increase of 27% compared to ¥323,933,746.14 in the same period last year[27] - Net profit for the quarter was ¥60,337,360.64, significantly higher than ¥18,099,363.04 in the previous year, marking an increase of over 233%[28] - The total comprehensive income attributable to the parent company was CNY 59,791,592.10, compared to CNY 18,103,276.13 in the previous period, representing an increase of approximately 230.5%[29] - Basic and diluted earnings per share increased to CNY 0.0967 from CNY 0.0293, reflecting a growth of 230.4%[29] Cash Flow - The company's cash flow from operating activities was negative at CNY -11,725,883.64, a decline of 1,077.88% compared to CNY -995,507.41 in the same period last year[2] - The net cash flow from operating activities turned negative at -¥11,725,883.64, a significant decline of 1077.88% from -¥995,507.41, mainly due to an increase in accounts receivable and cash payments[13] - Cash inflow from operating activities totaled CNY 276,449,858.92, up from CNY 229,713,432.57, indicating an increase of approximately 20.3%[31] - Cash outflow from operating activities increased to CNY 288,175,742.56 from CNY 230,708,939.98, representing a rise of about 25%[31] - Cash flow from investing activities decreased by 299.12% to -¥74,436,316.31, primarily due to increased expenditures on asset purchases and upgrades[14] - Net cash flow from investing activities was CNY -74,436,316.31, compared to CNY -18,649,956.55 in the previous period, indicating a significant increase in cash outflow[31] - Cash inflow from financing activities was CNY 95,000,000.00, down from CNY 109,389,900.00, reflecting a decrease of approximately 13.2%[31] - The net cash flow from financing activities was CNY 92,461,419.33, compared to CNY 18,550,045.72 in the previous period, showing a substantial increase[31] - The ending balance of cash and cash equivalents was CNY 159,563,422.33, up from CNY 136,060,751.00, indicating an increase of approximately 17.3%[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,032,616,343.79, reflecting a 7.25% increase from CNY 1,895,155,615.87 at the end of the previous year[2] - The company's equity attributable to shareholders rose to CNY 1,255,920,566.75, a 6.16% increase from CNY 1,183,093,922.57 at the end of the last year[2] - Total liabilities rose to ¥774,585,111.93 from ¥710,496,797.58, indicating an increase of approximately 9%[25] - The company's total assets reached ¥2,032,616,343.79, up from ¥1,895,155,615.87, reflecting a growth of about 7.3%[25] Research and Development - The company increased its R&D expenses to CNY 15,441,999.22, a 35.90% increase from CNY 11,362,570.10, focusing on smart appliances and BIPV glass[11] - Research and development expenses for the quarter were ¥15,441,999.22, compared to ¥11,362,570.10 in the previous year, marking an increase of approximately 36%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,341[16] - The largest shareholder, Zhuhai Port Co., Ltd., holds 25.02% of the shares, totaling 154,681,270 shares[16] - The company’s second phase of the 2019 restricted stock incentive plan was successfully executed, with 7,500,000 shares released for trading, representing 1.21% of the total share capital[20] Operational Insights - The increase in accounts receivable was 35.83%, reaching CNY 354,392,751.79, due to higher sales revenue from market share growth[8] - Cash received from tax refunds decreased by 77.37% to ¥3,547,159.42 compared to ¥15,672,288.49 in the same period last year, primarily due to a reduction in export tax rebates[13] - Cash received from other operating activities fell by 61.77% to ¥708,360.53, attributed to a decrease in government subsidies[13] - Cash paid for purchasing goods and services increased by 45.46% to ¥146,646,081.90, driven by sales revenue growth and preemptive stockpiling of raw materials due to potential logistics impacts from the pandemic[13] - Inventory levels increased to ¥264,522,775.02 from ¥251,358,826.29, reflecting a growth of approximately 5.2%[23] - Short-term borrowings increased to ¥212,959,153.94 from ¥118,235,107.17, representing an increase of about 80%[24] Audit Status - The report for the first quarter was not audited[32]