久吾高科(300631) - 2022 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2022 was CNY 104,790,149.72, an increase of 38.71% compared to CNY 75,546,621.76 in the same period last year[4] - Net profit attributable to shareholders decreased by 31.82% to CNY 4,525,876.10 from CNY 6,638,128.99 year-on-year[4] - Basic earnings per share fell by 38.47% to CNY 0.0379 from CNY 0.0616 in the previous year[5] - The company reported a net profit margin improvement, with retained earnings increasing to CNY 487,215,865.26 from CNY 482,689,989.15, a slight increase of about 0.11%[32] - Net profit for the current period was ¥4,505,549.48, down from ¥5,697,004.90 in the previous period, indicating a decrease of approximately 20.9%[35] Assets and Liabilities - Total assets increased by 10.32% to CNY 1,680,056,137.69 compared to CNY 1,522,824,726.68 at the end of the previous year[5] - The company's total liabilities increased to CNY 495,553,128.82 from CNY 442,680,141.41, indicating a rise in financial obligations[31] - Current assets totaled CNY 1,238,297,579.17, up from CNY 1,079,226,690.62 at the start of the year, reflecting a growth of approximately 14.77%[30] - The total current liabilities rose to CNY 418,516,005.75 from CNY 363,298,981.24, indicating an increase of approximately 15.19%[31] Cash Flow - Cash flow from operating activities decreased by 114.76% to CNY -3,904,397.30, primarily due to increased procurement and inventory[19] - The net cash flow from operating activities was negative at -¥3,904,397.30, a decline from a positive cash flow of ¥26,458,611.96 in the previous period[39] - Cash inflow from investment activities was ¥101,082,748.33, down from ¥161,603,390.41 in the previous period, showing a decrease of about 37.5%[39] - The net cash inflow from financing activities was ¥98,881,722.01, compared to a net outflow of ¥21,405,120.37 in the previous period[40] Operating Costs and Expenses - The company reported a 71.27% increase in operating costs, attributed to both expanded revenue scale and rising raw material prices[15] - Total operating costs amounted to ¥103,433,650.54, compared to ¥75,339,636.29 in the previous period, reflecting an increase of about 37.4%[33] - The company experienced a decrease in sales expenses to ¥8,908,588.84 from ¥9,846,032.33, a reduction of about 9.5%[33] - Research and development expenses were ¥6,083,127.26, slightly down from ¥6,425,786.76 in the previous period, reflecting a decrease of about 5.3%[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,319[22] - The company reported a total of 32,000,000 shares held by Shanghai Dehui Group, representing a significant portion of the unrestricted shares[24] - The total number of shares held by the top 10 unrestricted shareholders amounts to 42,000,000 shares, indicating concentrated ownership[24] - The total number of shares held by the top 10 shareholders participating in margin trading is 1,085,900 shares, indicating active trading strategies[24] Future Outlook and Strategic Plans - The company plans to expand its market presence through strategic partnerships and potential acquisitions in the upcoming quarters[26] - The company is focusing on R&D for new technologies to enhance product offerings and drive future growth[26] - The company anticipates a positive outlook for the next quarter, with expectations of increased revenue driven by new product launches[26] Investment Income - Investment income surged by 2148.76%, reflecting increased returns from investments in joint ventures and associates[18] - The company reported an investment income of ¥972,725.82, a significant increase from ¥43,256.13 in the previous period[35] Share Lock-up and Issuance - The company has 375,000 shares locked for executives, with 25% eligible for release annually, reflecting a structured share release plan[25] - The company issued 663,258 new shares to Chen Peng, which will not be transferred for 6 months from the listing date[26] - The company has a total of 834,924 shares locked for JPMorgan Chase, which will also not be transferred for 6 months from the listing date[26] - The company has a total of 643,750 shares locked for Shanghai Boshin Investment, with similar transfer restrictions as other new shares[26] Financial Audits - The company did not undergo an audit for the first quarter report[41]