道氏技术(300409) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 1,854,521,728.41, representing a 73.58% increase compared to CNY 1,068,399,561.97 in the same period last year[5] - Net profit attributable to shareholders for Q1 2022 was CNY 171,470,134.70, a significant increase of 141.68% from CNY 70,947,918.77 in Q1 2021[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 165,789,139.19, up 135.58% from CNY 70,375,948.37 year-on-year[5] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.30, reflecting a 114.29% increase from CNY 0.14 in Q1 2021[5] - The company reported a significant increase in cash and cash equivalents, reaching CNY 1,916,124,830.98, a 90.58% increase from CNY 1,005,411,462.04 at the beginning of the year[13] - The company experienced a 89.07% increase in operating costs, totaling CNY 1,460,725,633.80, primarily due to increased sales volume and rising raw material prices[13] - The company reported a significant increase in accounts receivable, which rose to RMB 1.169 billion, down from RMB 1.332 billion at the beginning of the year, indicating improved collection efficiency[29] - The total profit for the current period was ¥195,771,104.12, up from ¥78,883,382.33, reflecting an increase of about 148.9%[39] Cash Flow - The net cash flow from operating activities for Q1 2022 was CNY 462,448,707.95, a recovery from a negative cash flow of CNY -83,015,620.26 in the same period last year[5] - Cash inflow from operating activities totaled ¥1,767,607,849.80, compared to ¥980,788,755.61 in the previous period, representing an increase of approximately 80.1%[43] - The net cash flow from operating activities was 462,448,707.95, compared to -83,015,620.26 in the previous period, indicating a significant improvement[46] - The total cash outflow from operating activities amounted to 1,305,159,141.85, up from 1,063,804,375.87[46] - The net cash flow from investing activities was -295,175,770.67, compared to -86,954,042.97 in the previous period, reflecting increased investment expenditures[46] - Cash inflow from financing activities totaled 1,445,638,165.21, slightly down from 1,500,101,458.49[46] - The net cash flow from financing activities was 614,821,774.03, down from 965,577,745.76 in the previous period[49] - The ending balance of cash and cash equivalents was 1,542,251,803.48, compared to 1,095,655,504.88 at the end of the previous period[49] Assets and Liabilities - Total assets at the end of Q1 2022 reached CNY 9,193,884,618.51, marking a 15.07% increase from CNY 7,990,019,874.43 at the end of the previous year[13] - The company's total liabilities amounted to RMB 3.704 billion, reflecting an increase of 9.7% from RMB 3.376 billion at the beginning of the year[32] - The company's inventory increased to RMB 1.807 billion, up 3.9% from RMB 1.740 billion at the beginning of the year[29] - The company’s non-current assets totaled RMB 3.204 billion, an increase of 6.8% from RMB 3.000 billion at the beginning of the year[32] - The company’s short-term borrowings increased to RMB 1.547 billion, up 9.5% from RMB 1.412 billion at the beginning of the year[32] Shareholder Information - The total number of common shareholders at the end of the reporting period was 45,314, a decrease of 10 from the previous period[17] - Major shareholder Rong Jihua holds 23.28% of shares, totaling 134,775,481 shares, with 45,150,000 shares pledged[17] - The company’s major shareholder Liang Haiyan holds 5.37% of shares, totaling 31,085,220 shares[17] - The company’s strategic investors will hold 4.12% and 3.09% of Guangdong Jiana after the capital increase[24] Research and Development - Research and development expenses increased by 140.01% to CNY 74,645,812.44, compared to CNY 31,101,743.43 in the same period last year, indicating a focus on innovation[13] - Research and development expenses for the current period were ¥74,645,812.44, significantly higher than ¥31,101,743.43 in the previous period, indicating an increase of about 139.8%[36] Investments and Projects - The company introduced strategic investors to its subsidiary Guangdong Jiana, raising a total of RMB 70 million, increasing its registered capital from RMB 15,447.55 million to RMB 16,649.03 million[22] - The company plans to invest a total of RMB 100 million into Jiangxi Jiana Energy Technology Co., Ltd. for project construction and operation[24] - The company approved a change in the implementation location for a project, moving it from Enping City, Guangdong Province to Longnan City, Jiangxi Province[24] - A total of RMB 147 million will be raised for the subsidiary Wuhu Jiana, with funds allocated for the construction of a 100,000-ton ternary precursor project[24] - The company signed an investment contract with the Wuhu Economic and Technological Development Zone for a project with a total investment of approximately RMB 10 billion, with the first phase investment of RMB 5 billion[25] - The company plans to increase its investment in PT. JIANA ENERGY RESOURCES by up to RMB 1.272 billion to enhance its lithium battery materials business and reduce raw material costs[26] Other Financial Metrics - The company recorded other income of ¥7,095,498.31, compared to ¥4,496,916.90 in the previous period, which is an increase of approximately 57.8%[36] - The company’s financial expenses increased to ¥40,814,245.53 from ¥21,561,607.34, indicating a rise of approximately 89.0%[36] - The company’s tax expenses for the current period were ¥22,776,652.23, compared to ¥8,152,026.25 in the previous period, representing an increase of about 179.5%[39] - The company paid 134,375,262.68 in employee compensation, an increase from 90,098,999.72[46] - The company reported a total of 295,176,136.01 in cash outflow for the acquisition of fixed assets and intangible assets, significantly higher than 87,028,551.03 in the previous period[46] - The company received 700,000,000.00 in cash from investment absorption, down from 1,189,099,997.00[46] - The company experienced a negative impact of -2,544,741.94 from exchange rate fluctuations on cash and cash equivalents[49]