四方精创(300468) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 152,362,709.09, representing a 3.84% increase compared to CNY 146,734,864.44 in the same period last year[2] - Net profit attributable to shareholders was CNY 9,159,714.73, up 5.68% from CNY 8,667,406.06 year-on-year[2] - The net profit after deducting non-recurring gains and losses increased by 22.11%, reaching CNY 8,734,402.23 compared to CNY 7,152,995.32 in the previous year[2] - Total operating revenue for Q1 2022 was CNY 152,362,709.09, an increase of 10.9% compared to CNY 146,734,864.44 in Q1 2021[20] - Net profit for Q1 2022 reached CNY 9,159,714.73, compared to CNY 8,667,406.06 in Q1 2021, representing an increase of 5.7%[22] - The company recorded a total comprehensive income of CNY 8,738,411.37 for Q1 2022, compared to CNY 7,960,756.86 in Q1 2021, indicating a growth of 9.8%[23] Assets and Equity - The total assets at the end of the reporting period were CNY 1,677,649,965.66, a 29.17% increase from CNY 1,298,781,941.89 at the end of the previous year[3] - The company's total equity attributable to shareholders rose by 33.31% to CNY 1,590,301,348.77 from CNY 1,192,951,351.99 at the end of the previous year[3] - The total equity attributable to shareholders of the parent company increased to CNY 1,590,301,348.77 from CNY 1,192,951,351.99 year-over-year, marking a growth of 33.4%[21] - The total current liabilities decreased to CNY 80,188,532.77 from CNY 97,425,075.67, showing a reduction of approximately 17.7%[17] Cash Flow - The company's cash flow from operating activities showed an improvement, with a net outflow of CNY 55,143,858.01, which is 18.22% less than the outflow of CNY 67,427,668.67 in the same period last year[2] - The company reported a net cash outflow from operating activities of CNY -55,143,858.01 for Q1 2022, an improvement from CNY -67,427,668.67 in Q1 2021[26] - The cash inflow from operating activities totaled CNY 94,180,222.41 in Q1 2022, down from CNY 101,980,522.18 in the previous year[26] - The net cash increase from operating activities was 328,853,041.12 CNY, compared to a decrease of 72,130,344.66 CNY in the previous year[27] - The net cash flow from financing activities was 387,934,110.40 CNY, contrasting with a negative cash flow of 1,058,597.24 CNY in the same period last year[27] Expenses - Research and development expenses increased by 33.35% to CNY 25,789,087.16 from CNY 19,339,408.00 in the previous year[7] - Total operating costs for Q1 2022 were CNY 142,816,825.19, up from CNY 138,576,094.05 in the same period last year, reflecting a growth of 3.6%[21] Liabilities - The company reported a significant increase in accounts payable, which rose by 92.94% to CNY 2,600,071.35 from CNY 1,347,626.57 in the previous year[6] - Total liabilities as of the end of Q1 2022 were CNY 87,348,616.89, down from CNY 105,830,589.90 at the end of Q1 2021[21] Other Financial Metrics - The weighted average return on net assets decreased to 0.63% from 0.74% year-on-year[2] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.0308, slightly up from CNY 0.0306 in Q1 2021[23] Cash and Liquidity - The company's cash and cash equivalents amounted to CNY 804,580,174.95, up from CNY 475,079,214.38, indicating a significant increase in liquidity[15] - The total cash and cash equivalents at the end of the period amounted to 770,825,309.74 CNY, up from 405,405,993.11 CNY year-over-year[27] Shareholder Information - The major shareholders include Yiqun Group Holdings Co., Ltd. with 69,280,501 shares, representing a significant ownership stake[12] Capital Raising - The company has engaged in a non-public offering of shares, with details disclosed on February 10 and February 26, 2022, indicating ongoing capital raising efforts[13] Inventory and Receivables - Accounts receivable increased to CNY 290,294,304.45 from CNY 231,132,978.91, reflecting a growth of about 25.5%[16] - The company’s inventory decreased to CNY 99,394,016.77 from CNY 103,898,380.03, reflecting a decline of about 4.4%[16] Non-Recurring Items - The company reported a decrease in employee compensation payable from CNY 71,027,323.08 to CNY 63,343,694.19, a reduction of approximately 10.5%[17] Audit Status - The report for the first quarter was not audited[28] Market Strategy - The company did not disclose any new product developments or market expansion strategies in this report[29]