广和通(300638) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 reached ¥1,178,279,477.12, representing a 36.98% increase compared to ¥860,203,330.08 in the same period last year[3] - Net profit attributable to shareholders was ¥104,581,287.65, up 30.18% from ¥80,332,895.85 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥99,007,014.07, reflecting a 40.65% increase from ¥70,390,901.47 in the previous year[3] - Total operating revenue for Q1 2022 reached CNY 1,178,279,477.12, a significant increase from CNY 860,203,330.08 in the same period last year, representing a growth of approximately 37%[26] - The net profit for Q1 2022 was CNY 104,581,287.65, an increase of 30.2% compared to CNY 80,332,895.85 in Q1 2021[28] - The company reported a total comprehensive income of CNY 104,296,080.23, compared to CNY 79,809,369.61 in the previous year, reflecting a growth of 30.6%[30] - Basic earnings per share for Q1 2022 were CNY 0.25, an increase from CNY 0.20 in Q1 2021[30] Assets and Liabilities - The company's total assets increased by 13.31% to ¥4,768,527,982.47 from ¥4,208,511,955.16 at the end of the previous year[3] - Current liabilities rose to CNY 2,666,827,276.12, compared to CNY 2,211,664,699.06, which is an increase of about 20.6%[23] - The total equity attributable to shareholders reached CNY 2,059,401,161.88, up from CNY 1,953,087,913.34, indicating an increase of approximately 5.4%[25] - Accounts receivable decreased to CNY 1,072,186,010.12 from CNY 1,121,924,824.97, a decline of about 4.4%[21] - Inventory levels increased significantly to CNY 970,370,581.07 from CNY 806,963,090.07, representing a growth of approximately 20.2%[21] Cash Flow - The net cash flow from operating activities was ¥11,826,332.92, a significant decrease of 85.14% compared to ¥79,609,766.83 in the same period last year[3] - The cash flow from operating activities generated a net amount of CNY 11,826,332.92, a decrease of 85.2% compared to CNY 79,609,766.83 in the same period last year[33] - The financing activities generated a net cash flow of CNY 358,394,064.08, significantly higher than CNY 43,935,324.71 in the same period last year[35] - The investment activities resulted in a net cash outflow of CNY 22,617,082.01, compared to a net outflow of CNY 62,033,796.02 in the previous year[33] Operating Costs - The company reported a 42.66% increase in operating costs, amounting to ¥919,035,299.91, up from ¥644,217,785.73[7] - Operating costs for the same period were CNY 1,098,488,145.53, up from CNY 793,091,377.91, indicating an increase of about 38.5%[26] - The company incurred a total operating expense of CNY 1,222,378,712.25, which is an increase from CNY 934,556,339.44 in the previous year, representing a rise of 30.9%[33] Shareholder Information - The top three shareholders hold a total of 81,982,192 shares, representing approximately 19.99% of the total shares outstanding[14] - The company has released 8,893,219 restricted shares for executive Zhang Tianyu, reducing his restricted shares to 125,893,992[16] - The company has a total of 154,675,824 restricted shares, with 10,807,393 shares released during the reporting period[16] - The company’s major shareholders include Zhang Tianyu and Ying Peng, who hold significant stakes in the company[14] - The company has not disclosed any other shareholder relationships or agreements beyond those mentioned, maintaining transparency in its shareholder structure[14] Strategic Initiatives - The company plans to acquire 51% equity in Shenzhen Ruiling Wireless Technology Co., Ltd. through a combination of issuing shares and cash payments, which will make it a wholly-owned subsidiary[17] - The company is in the process of restructuring and has submitted various documents to the Shenzhen Stock Exchange for approval, indicating ongoing strategic initiatives[17] - The company’s financial data is subject to updates and revisions as part of the ongoing restructuring process, reflecting its commitment to compliance and regulatory standards[17] Other Financial Metrics - The weighted average return on equity was 5.22%, slightly up from 5.02% in the previous year[3] - The company reported a cash balance of ¥828,657,409.09 as of March 31, 2022, compared to ¥482,387,712.25 at the beginning of the year, indicating a significant increase in liquidity[19] - Research and development expenses amounted to CNY 116,375,158.23, compared to CNY 91,662,673.97 in the previous year, reflecting a rise of approximately 27%[26] - The company reported a foreign exchange loss of CNY 1,332,074.69 during the quarter[35] - The company’s stock was suspended from trading on July 2, 2021, and resumed trading on July 13, 2021, following board approvals related to the acquisition[17] - Short-term borrowings surged to CNY 861,227,294.01 from CNY 497,481,351.69, reflecting an increase of about 73%[23] - The company received government subsidies totaling ¥6,735,264.39 during the reporting period[6] - Investment income surged by 133.94% to ¥7,845,254.29, compared to ¥3,353,511.14 in the previous year[9]