高盟新材(300200) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 271,409,639.68, a decrease of 7.56% compared to CNY 293,609,333.47 in the same period last year[3] - Net profit attributable to shareholders was CNY 40,571,211.86, down 30.58% from CNY 58,446,627.55 year-on-year[3] - Total operating revenue for Q1 2022 was CNY 271,409,639.68, a decrease of 7.4% compared to CNY 293,609,333.47 in Q1 2021[34] - Net profit for Q1 2022 was CNY 40,571,211.86, representing a decline of 30.6% from CNY 58,446,627.55 in Q1 2021[35] - Basic earnings per share were CNY 0.10, a decline of 28.57% from CNY 0.14 in the previous year[3] - Basic earnings per share for Q1 2022 were CNY 0.10, compared to CNY 0.14 in Q1 2021[36] Cash Flow - The net cash flow from operating activities decreased by 37.12% to CNY 19,780,759.69, compared to CNY 31,460,342.01 in Q1 2021[11] - Cash inflow from operating activities totaled ¥197,591,868.44, down 13.9% from ¥229,393,667.60 year-over-year[37] - Cash outflow from operating activities was ¥177,811,108.75, a decrease of 10.2% compared to ¥197,933,325.59 in the previous period[37] - The net cash flow from investment activities was CNY -26,134,082.06, a significant decrease of 2,837.57% compared to CNY -889,648.94 in the same period last year[11] - The cash and cash equivalents at the end of the period were ¥126,063,119.70, down from ¥245,362,805.09 in the previous period[38] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 2,131,045,800.58, a slight decrease of 0.77% from CNY 2,147,623,476.52 at the end of the previous year[3] - Total liabilities for Q1 2022 were CNY 260,663,223.92, a decrease from CNY 328,866,702.28 in Q1 2021[33] - The company’s cash and cash equivalents decreased to CNY 1,124,864,395.43 in Q1 2022 from CNY 1,169,949,495.94 in Q1 2021[33] Shareholder Information - The company reported a total of 33,295 ordinary shareholders at the end of the reporting period[13] - The company’s major shareholders include Gaojin Technology Industry Group Co., Ltd. with 99,423,360 shares and Guangzhou Chengxin Investment Holdings Co., Ltd. with 23,045,267 shares[14] - The total number of shares held by the top 10 unrestricted shareholders is 181,000,000 shares, indicating a concentrated ownership structure[14] Stock Incentive Plans - The company granted a total of 5,988,000 restricted stocks in the 2018 incentive plan, accounting for 2.30% of the total share capital, with a grant price of RMB 3.59 per share[17] - The first unlock period of the 2018 incentive plan allowed for 40% of the stocks to be released, with performance targets set for net profit growth rates of no less than 100%, 130%, and 150% over three years[17] - The company plans to unlock 25% of the restricted stocks annually on the first trading day of each year, subject to performance conditions[17] - The company’s stock incentive plan includes performance assessments at both company and individual levels, impacting the release of restricted stocks[17] - The total number of restricted stocks released in the first unlock period was 232,200 shares, representing 0.87% of the total share capital[18] Investments - The company made a long-term equity investment of CNY 30,000,000.00 in Jiangsu Ruipu Resin Technology Co., Ltd., marking a 100% increase in long-term equity investments[6] - The company invested ¥67,653,000 in Jiangsu Ruipu Resin Technology Co., acquiring a 51% stake, thereby becoming the controlling shareholder[28] - The company plans to jointly invest in Guangdong Baomeng New Materials Co., with a total registered capital of ¥18,000,000, where the company will contribute ¥8,100,000, representing 45% of the capital[29] Research and Development - The company reported a research and development expense of CNY 15,907,778.85 for Q1 2022, an increase from CNY 13,682,797.77 in Q1 2021[34] Management Expenses - Management expenses rose by 41.94% to CNY 11,140,522.02, primarily due to increased share-based payment expenses[8]