苏大维格(300331) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 397,578,903.71, representing a 9.94% increase compared to CNY 361,618,140.66 in the same period last year[3] - The net profit attributable to shareholders was a loss of CNY 23,246,017.11, a decrease of 254.68% from a profit of CNY 15,028,924.79 in the previous year[3] - The company reported a net loss of CNY 26,679,319.09, compared to a net profit of CNY 11,742,167.21 in the previous year[29] - Total operating revenue for the first quarter was CNY 397,578,903.71, an increase of 9.9% compared to CNY 361,618,140.66 in the previous year[28] - Total operating costs rose to CNY 430,848,825.49, up 24.1% from CNY 346,890,704.74 in the same period last year[28] - The total comprehensive income for the period was -26,679,319.09 CNY, compared to 11,742,167.21 CNY in the previous period[30] Cash Flow and Assets - The net cash flow from operating activities improved to -CNY 59,199,867.68, a 46.37% increase compared to -CNY 110,387,015.84 in the same period last year[10] - Cash inflow from operating activities totaled 588,019,391.97 CNY, up from 420,606,575.60 CNY year-over-year[33] - The total cash outflow from operating activities was 647,219,259.65 CNY, compared to 530,993,591.44 CNY in the previous period[33] - The net cash flow from investing activities was -201,305,177.39 CNY, compared to -119,517,915.74 CNY in the previous period[33] - The net cash flow from financing activities was -16,144,617.29 CNY, a decrease from 82,458,271.47 CNY in the previous period[34] - Cash and cash equivalents decreased to CNY 567,956,647.26 from CNY 814,962,812.52, a decline of 30.3%[25] - Current assets totaled CNY 2,260,240,116.18, down 4.9% from CNY 2,376,705,043.32 at the start of the year[25] - The total assets at the end of the reporting period were CNY 3,516,349,210.44, down 2.08% from CNY 3,591,159,026.01 at the end of the previous year[3] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,413[11] - The company reported a total of 92,305,266 shares held by major shareholders, with 33,613,445 shares under lock-up[17] - The top shareholder, Shenzhen Zhengyuan Investment Co., Ltd., holds 13,487,397 shares, which are subject to lock-up until February 14, 2022[15] - A major shareholder, Yu Zhangxing, holds 21,272,004 shares (8.19% of total shares) and plans to reduce holdings by up to 5 million shares (1.93% of total shares) within six months[22] Expenses and Liabilities - Management expenses increased by 34.77% to CNY 36,368,795.24, primarily due to the accrual of equity incentive expenses[8] - The company experienced a 50.96% increase in financial expenses, amounting to CNY 9,030,053.58, primarily due to the impact of RMB exchange rate fluctuations[8] - The total liabilities decreased to CNY 1,531,233,618.57 from CNY 1,586,441,849.13, a reduction of 3.5%[26] - The company’s equity attributable to shareholders decreased to CNY 1,981,354,199.61 from CNY 1,997,522,482.62, a decline of 0.8%[26] Research and Development - Research and development expenses for the quarter were CNY 30,432,811.66, compared to CNY 28,279,905.61 in the previous year, reflecting an increase of 7.6%[29] - The company is leading a national key research project in the field of naked-eye 3D technology, focusing on ultra-thin wide-angle vector light field display technology, which has been approved and is progressing well[21] Subsidiary Performance - In Q1 2022, the subsidiary Changzhou Huari Sheng Reflective Materials Co., Ltd. achieved revenue of CNY 10.5667 million, representing a year-on-year growth of 69.67%[18] Joint Ventures and Collaborations - The company has established a joint venture, Suzhou Liwei Optical Technology Co., Ltd., with Gao Wei Electronics to develop optical materials and devices, with ongoing progress in production line construction[19] - The company has completed the transfer of shares in Suzhou Zhongwei Lianchuang Micro-Nano Manufacturing Innovation Center to enhance collaboration and secure funding support for new technology development[20] Stock and Share Unlocking - The company reported a total of 35,744,542 restricted shares held by executive Chen Linsen, which will be unlocked at a rate of 25% annually during his term[15] - The company has a total of 15,954,003 restricted shares held by executive Yu Zhangxing, with a similar unlocking schedule as Chen Linsen[15] - The report highlights that the company has a total of 1,786,926 restricted shares held by executive Zhu Zhijian, also subject to the same unlocking conditions[15] - The company has a total of 2,255,298 shares held by Beijing Chengtong Jin控 Investment Co., Ltd., which are subject to lock-up[15]