万隆光电(300710) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥154,664,045.39, a decrease of 9.33% compared to ¥170,573,978.97 in the same period last year[3] - Net profit attributable to shareholders was ¥254,145.17, representing a significant increase of 266.44% from a loss of ¥152,693.56 in the previous year[3] - The net cash flow from operating activities increased by 192.19%, reaching ¥13,223,902.37 compared to ¥4,525,713.00 in the same period last year[3] - The company's total revenue for the current period was RMB 154.66 million, compared to RMB 170.57 million in the previous period, indicating a decrease of approximately 9.3%[21] - The net profit for the current period was RMB 2.16 million, a significant recovery from a net loss of RMB 436.11 thousand in the previous period[22] - Basic and diluted earnings per share were both CNY 0.0037, compared to a loss of CNY 0.0022 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,074,795,807.40, reflecting a growth of 7.13% from ¥1,003,229,882.15 at the end of the previous year[3] - The company's total liabilities increased to RMB 374.72 million from RMB 309.24 million, reflecting a rise of about 19.4%[19] - As of the end of the reporting period, total current assets amounted to RMB 794.49 million, an increase from RMB 720.05 million at the beginning of the year, representing a growth of approximately 10.3%[17] Cash Flow - The company's cash and cash equivalents increased by 279.42% year-on-year, primarily due to reduced payments to suppliers and decreased investments in financial products[6] - The net cash flow from financing activities was CNY 61,916,281.67, compared to a negative cash flow of CNY 50,186,680.19 in the previous period[27] - The ending balance of cash and cash equivalents was CNY 220,556,086.34, significantly up from CNY 73,630,448.60 at the end of the previous period[27] - Cash inflow from investment activities totaled CNY 146,993,810.04, while cash outflow was CNY 136,438,764.86, resulting in a net cash flow of CNY 10,555,045.18[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,658[8] - The largest shareholder, Xu Quanhai, holds 15.53% of shares, totaling 10,652,800 shares, with 8,522,240 shares pledged[8] - The second-largest shareholder, Fu Xiaotong, holds 9.41% of shares, totaling 6,458,191 shares, all of which are under lock-up[8] - The total number of restricted shares at the end of the period is 23,448,057, with 14,811,200 shares added during the period[10] - The company plans to lift the lock-up on 6,458,191 shares held by Fu Xiaotong on July 25, 2023, due to acquisition commitments[10] - The company underwent a change in control, with the largest shareholder now being a consortium led by Qianquan Technology, holding 21.59% of shares[12] - The total number of shares transferred to Qianquan Technology and its partners was 13,722,800, representing 20.00% of the total shares before the transaction[11] - The company has a total of 14,811,200 shares held by Qianquan Technology and its concerted actors after the transfer[12] - The company has committed to voluntary lock-up agreements for certain shareholders, including Xu Quanhai and Xu Mengfei[10] - The company is actively managing its shareholder structure to ensure compliance with regulatory requirements and maintain stability[11] Expenses and Investments - The company experienced a 44.01% decrease in selling expenses compared to the same period last year, mainly due to reduced expenses at the parent company level[6] - Research and development expenses increased to RMB 10.78 million from RMB 8.35 million, representing a growth of approximately 29.1%[22] - The company reported an investment income of RMB 433.29 thousand, up from RMB 400.15 thousand in the previous period, showing a slight increase of about 8.3%[22] Other Information - The company reported a total of ¥416,631.12 in non-recurring gains and losses for the period[5] - The company's weighted average return on equity was 0.04%, an improvement from -0.02% in the previous year[3] - The company recorded a 493.52% increase in receivables financing, driven by increased use of bank bills for settling payments[6] - The first quarter report was not audited[28] - The company did not conduct any mergers or acquisitions during the reporting period[23]