江丰电子(300666) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥489,657,648.29, representing a 54.29% increase compared to ¥317,366,474.99 in the same period last year[6] - Net profit attributable to shareholders was ¥33,443,542.09, a 90.15% increase from ¥17,588,163.03 year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥42,359,725.83, up 94.75% from ¥21,750,687.27 in the previous year[6] - Basic earnings per share rose to ¥0.14, a 75.00% increase from ¥0.08 in the same period last year[6] - Operating profit for the quarter was ¥33,659,411.73, representing a 68.5% increase from ¥19,997,100.65 in the previous year[43] - Net profit before tax was ¥33,692,576.74, compared to ¥20,198,381.65 in the same quarter last year, reflecting a growth of 66.5%[43] - The net profit attributable to the parent company was 33,443,542.09, an increase from 17,588,163.03 in the previous period, representing a growth of approximately 90.1%[46] - The total comprehensive income attributable to the parent company was 32,799,475.75, compared to 17,936,586.58 in the previous period, indicating an increase of about 82.7%[46] Assets and Liabilities - The company's total assets increased by 12.00% to ¥3,249,644,576.10 from ¥2,901,436,340.37 at the end of the previous year[6] - Total liabilities rose to ¥1,617,228,174.75, compared to ¥1,435,646,758.13, indicating an increase of 12.6%[38] - The company's equity attributable to shareholders reached ¥1,632,096,346.06, up from ¥1,456,712,178.89, reflecting a growth of 12%[38] Cash Flow - Cash flow from operating activities was negative at -¥67,199,248.42, worsening by 129.88% compared to -¥29,232,209.69 in the previous year[6] - Cash inflow from operating activities was 496,579,082.81, up from 287,629,159.77, marking an increase of approximately 72.7%[50] - Cash outflow from operating activities totaled 563,778,331.23, compared to 316,861,369.46 in the previous period, resulting in a net cash flow from operating activities of -67,199,248.42, worsening from -29,232,209.69[50] - Cash inflow from financing activities was 634,014,002.72, compared to 594,355,938.33, showing an increase of about 6.7%[53] - The net cash flow from financing activities improved to 300,442,981.78 from 190,563,389.55, indicating a growth of approximately 57.7%[53] - The ending balance of cash and cash equivalents was 616,162,762.33, up from 358,004,363.24, representing an increase of about 72.2%[53] Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,113, with the top 10 shareholders holding a combined 42.20% of shares[13] - Yao Lijun, a natural person, holds 24.20% of shares, with 56,059,842 shares, of which 42,058,169 are pledged[13] - Ningbo Baierke Management Consulting Co., Ltd. holds 4.96% of shares, totaling 11,487,303 shares, with 8,615,477 shares pledged[13] - The top 10 unrestricted shareholders hold a total of 42,001,673 shares, with Yao Lijun holding 14,001,673 shares[18] - At the end of the reporting period, Yao Lijun's pledged shares total 23,667,200[19] - Ningbo Baierke Management Consulting Co., Ltd. has pledged a total of 4,960,000 shares[20] - The number of restricted shares held by Yao Lijun at the beginning of the period was 46,119,032, with 4,060,863 shares released during the period[21] - The total number of shares held by executives is subject to a transfer limit of 25% during their tenure, ensuring stability in shareholding[24] Operational Highlights - The company reported a significant increase in sales revenue, which led to a corresponding increase in operating costs, with costs rising by 54.19% to ¥342,948,850.93[12] - Financial expenses surged by 443.24% to ¥12,489,614.05, primarily due to interest accrual on convertible bonds[12] - Cash received from sales increased by 74.65% to ¥481,568,053.07, reflecting sustained sales growth[12] - The company completed a significant capital increase, receiving cash from investments amounting to ¥124,225,997.96, a 1776.25% increase compared to the previous year[12] - Research and development expenses for the quarter were ¥27,036,780.87, an increase of 28% from ¥21,136,063.32 year-on-year[43] - The company plans to expand its production capacity for high-purity metal targets used in integrated circuits, enhancing its market share in the semiconductor industry[30] - The company aims to build large-scale production lines for high-purity aluminum, titanium, tantalum, and copper targets in Zhejiang, further solidifying its manufacturing base[30] - The company has established a certain level of international competitiveness in the semiconductor target material sector, positioning itself to capitalize on domestic substitution opportunities[30] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36] Regulatory Engagement - The company received an inquiry letter from the Shenzhen Stock Exchange regarding its plan to issue shares to specific targets, indicating ongoing regulatory engagement[30] Other Financial Metrics - The company reported a total revenue of 11,459,625, with a net profit of 2,844,148, indicating a strong performance in the current financial period[24] - The company's cash and cash equivalents increased to 617,412,859.72 from 482,097,307.06, reflecting a growth of approximately 28%[31] - Accounts receivable rose to 402,040,033.21 from 360,948,758.83, showing an increase of about 11%[31] - Inventory levels increased to 683,017,138.67 from 588,668,713.55, representing a growth of approximately 16%[31] - The company reported a decrease in other comprehensive income attributable to the parent company, with a net amount of -644,066.34 compared to 348,423.55 in the previous period[46] - The company experienced a net loss attributable to minority shareholders of -4,103,146.80, worsening from -1,995,799.02 in the previous period[46]