HUNING(SZ:300669)2022-04-28 16:00Revenue and Profit - The company's revenue for Q1 2022 was ¥80,507,510.30, representing a 14.46% increase compared to ¥70,335,106.67 in the same period last year[3] - Net profit attributable to shareholders was ¥8,820,742.20, a 2.08% increase from ¥8,641,201.13 year-on-year[3] - Total operating revenue for the current period reached ¥80,507,510.30, an increase from ¥70,335,106.67 in the previous period, representing a growth of approximately 14.7%[20] - Net profit for the current period was ¥8,820,742.20, compared to ¥8,641,201.13 in the previous period, reflecting a growth of approximately 2.1%[22] - The total profit for the current period was ¥9,755,973.73, slightly down from ¥9,988,542.35 in the previous period, a decrease of about 2.3%[21] Cash Flow and Financial Position - The net cash flow from operating activities increased by 84.86% to ¥21,537,672.84, up from ¥11,650,576.45 in the previous year[3] - Cash and cash equivalents at the end of the period totaled ¥253,137,002.76, up from ¥91,972,915.78 at the end of the previous period, showing a substantial increase of approximately 175.5%[26] - The company reported a net cash inflow from investment activities of ¥32,328,139.09, compared to a net outflow of ¥19,218,745.47 in the previous period[26] Research and Development - The company reported a 32.68% increase in R&D expenses, totaling ¥4,953,299.74, reflecting increased investment in product development[8] - Research and development expenses rose to ¥4,953,299.74 from ¥3,733,204.99, an increase of about 32.7%[21] - The company plans to continue enhancing its competitive edge through ongoing R&D efforts and product innovation[8] Assets and Liabilities - Total assets at the end of the reporting period were ¥942,521,048.05, a 1.80% increase from ¥925,896,225.40 at the end of the previous year[3] - The total current liabilities increased to CNY 90,699,494.82 from CNY 80,457,940.75, marking an increase of about 12.5%[17] - The company's total equity reached CNY 846,012,917.63, up from CNY 837,313,497.23, which is an increase of approximately 1.8%[18] - The total liabilities amounted to CNY 96,508,130.42, up from CNY 88,582,728.17, indicating an increase of about 8.3%[18] Inventory and Receivables - Accounts receivable decreased to CNY 121,078,397.71 from CNY 141,804,807.84, reflecting a decline of approximately 14.6%[16] - The inventory level increased to CNY 57,495,412.05 from CNY 52,575,524.48, showing a growth of about 9%[16] Operating Costs - The gross profit margin was impacted by a 20.62% increase in operating costs, which reached ¥61,571,053.31 compared to ¥51,043,908.46 in the previous year[8] - Total operating costs increased to ¥73,895,568.15 from ¥62,945,051.53, marking a rise of about 17.5%[21] Shareholder Information - The company has a total of 27,673,331 shares under lock-up agreements, with no shares released during the reporting period[14] - The basic earnings per share decreased to ¥0.0689 from ¥0.0788, a decline of approximately 11.3%[22] Other Financial Metrics - The weighted average return on equity decreased to 1.05% from 1.53% year-on-year[3] - The company experienced a significant increase in prepayments, which rose by 475.74% to ¥5,265,516.34, primarily due to increased advance payments for materials[7] - The company's retained earnings increased to CNY 181,136,428.70 from CNY 172,315,686.50, reflecting a growth of approximately 5%[18] - The company's financial expenses showed a net income of -¥849,566.27, compared to -¥435,201.52 in the previous period, indicating an increase in financial costs[21]