电连技术(300679) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥758,085,524.12, a decrease of 7.09% compared to ¥815,945,679.85 in the same period last year[4] - Net profit attributable to shareholders was ¥88,082,659.33, down 14.07% from ¥102,507,868.26 year-on-year[4] - Total operating revenue for Q1 2022 was CNY 758,085,524.12, a decrease of 7.1% compared to CNY 815,945,679.85 in Q1 2021[34] - Net profit for Q1 2022 was CNY 89,701,763.34, a decline of 13.6% from CNY 103,808,247.79 in Q1 2021[36] - The total comprehensive income attributable to shareholders of the parent company for Q1 2022 was CNY 102,525,290.96, compared to CNY 103,825,670.49 in Q1 2021[38] Cash Flow - The net cash flow from operating activities increased by 36.88% to ¥165,978,469.17, compared to ¥121,259,931.67 in the previous year[4] - The cash inflow from operating activities totaled ¥996,988,321.53, an increase from ¥871,596,789.60 in the previous period, representing a growth of approximately 14.4%[39] - The net cash outflow from operating activities was ¥831,009,852.36, compared to ¥750,336,857.93 in the previous period, indicating an increase of about 10.8%[41] - The cash inflow from tax refunds was ¥1,352,193.18, down from ¥4,429,534.28 in the previous period, indicating a decrease of approximately 69.5%[39] - The company reported a net cash flow from operating activities of ¥165,978,469.17, an increase from ¥121,259,931.67 in the previous period, reflecting a growth of about 37%[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,950,094,800.73, reflecting a slight increase of 0.30% from ¥5,932,474,150.29 at the end of the previous year[4] - The company's total liabilities amounted to CNY 1,848,903,176.78, slightly down from CNY 1,851,624,757.64 in the previous year[33] - The total equity attributable to shareholders of the parent company increased to CNY 3,884,644,600.91 from CNY 3,865,921,473.62 year-on-year[33] - The company's cash and cash equivalents decreased from RMB 1,464,279,559.58 at the beginning of the year to RMB 1,400,832,585.22[27] - The company's accounts receivable decreased from RMB 820,878,081.20 to RMB 564,510,876.63, indicating a reduction of approximately 31.2%[29] Expenses and Income - Sales expenses decreased by 32.75% to ¥23,113,973.04, attributed to reduced market expansion and entertainment expenses due to the pandemic[12] - The company recorded a 43.84% increase in other income, amounting to ¥5,640,100.87, primarily due to increased government subsidies[12] - The investment income decreased by 39.54% to ¥1,798,871.79, reflecting a reduction in financial product returns[12] - Research and development expenses for Q1 2022 were CNY 62,272,590.35, a decrease of 7.4% compared to CNY 67,338,367.11 in Q1 2021[34] Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,910[16] - The largest shareholder, Chen Yuxuan, holds 20.41% of shares, totaling 85,960,461 shares, with 64,470,346 shares pledged[17] - The company has a total of 111,253,960 shares under lock-up agreements, with 15,972,899 shares released during the period[18] - The company has repurchased a total of 2,063,500 shares, accounting for 0.4899% of the total share capital, with a total payment of RMB 100,002,434.12[22] Investments and Contracts - The company invested RMB 21,643,410.64 in the Jian Guang Guang Hui fund, representing a 9.5187% stake, which has completed its fundraising and invested in Ling Sheng Technology[23] - The company has established a partnership to invest RMB 55,200,000 in Dongguan Jian Guang Guang Lian fund, which has made significant progress in acquiring 80.2% of Future Technology Devices International Limited for a total of USD 4.1414 billion[24] - The company signed a major construction contract with China Huaxi Enterprises Co., Ltd. for the "5G High-Performance Materials RF and IoT System Industrial Base Project" valued at RMB 349,995,016.86[25] Cash Management - Cash received from tax refunds decreased by 69.47% to ¥1,352,193.18 due to reduced export tax rebates[15] - Cash paid for operating activities increased by 140.67% to ¥127,816,524.14, attributed to increased operational-related transactions[15] - Cash received from investment recoveries rose by 88.70% to ¥377,400,000.00, driven by an increase in matured financial products[15] - Cash paid for the purchase of fixed assets decreased by 44.98% to ¥48,235,833.62, due to reduced capital expenditures[15] - The net cash flow from investing activities was -¥150,467,595.29, worsening from -¥59,699,053.98 in the previous period[41]