Yongfu(SZ:300712)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 413,901,890.98, representing a 104.80% increase compared to CNY 202,100,600.18 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was CNY 16,857,636.46, a 95.35% increase from CNY 8,629,457.02 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,762,101.44, a significant increase of 1,941.17% compared to a loss of CNY 747,464.57 in the previous year[3] - The basic earnings per share for Q1 2022 was CNY 0.0926, up 95.36% from CNY 0.0474 in the same period last year[3] - Net profit for the quarter was CNY 14,158,798.46, compared to CNY 4,101,959.42 in the same period last year, showing a substantial growth in profitability[23] - The net profit attributable to the parent company for Q1 2022 was ¥16,857,636.46, an increase of 95.5% compared to ¥8,629,457.02 in Q1 2021[24] - The total comprehensive income attributable to the parent company for Q1 2022 was ¥16,970,848.85, up 95.5% from ¥8,693,032.00 in the same period last year[24] Assets and Liabilities - The total assets at the end of Q1 2022 were CNY 3,108,836,578.12, reflecting a 2.74% increase from CNY 3,026,063,113.49 at the end of the previous year[3] - The company's total assets increased to CNY 3,108,836,578.12 from CNY 3,026,063,113.49 at the beginning of the year, representing a growth of approximately 2.7%[20] - The total liabilities decreased slightly to CNY 1,915,545,607.06 from CNY 1,857,490,849.24, indicating a reduction of approximately 3.1%[20] - Current assets totaled CNY 2,412,097,524.23, up from CNY 2,358,118,240.83, indicating a rise of about 2.3%[19] - The company's cash and cash equivalents increased to CNY 593,742,079.99 from CNY 528,088,026.21, marking a growth of approximately 12.4%[19] - Long-term equity investments rose to CNY 123,399,843.13 from CNY 109,441,857.29, reflecting an increase of about 12.7%[19] Cash Flow - The company reported a decrease in cash flow from operating activities, with a net cash flow of CNY 79,543,750.76, down 2.70% from CNY 81,750,744.58 in the previous year[3] - Operating cash inflow increased by 63.49% to ¥515,236,897.62 due to higher recovery of total contract payments compared to the same period last year[10] - Operating cash outflow rose by 115.37% to ¥435,693,146.86, primarily due to expanded business scale and increased payments for total contract projects[10] - Net cash flow from financing activities decreased by 106.58% to -¥25,258,109.62 as the company repaid more bank loans compared to the previous year[10] - Net increase in cash and cash equivalents decreased by 40.06% to ¥35,885,389.04, attributed to reduced net cash flow from operating, investing, and financing activities[10] - Cash and cash equivalents at the end of Q1 2022 totaled ¥392,883,049.71, compared to ¥264,554,670.85 at the end of Q1 2021, reflecting a 48.4% increase[27] - The company reported a net cash outflow from investing activities of ¥18,236,000.00 in Q1 2022, compared to a net outflow of ¥4,770,384.94 in Q1 2021[27] - The net cash outflow from financing activities for Q1 2022 was ¥25,258,109.62, compared to a net outflow of ¥12,226,629.47 in Q1 2021[27] - The company received cash from borrowings amounting to ¥192,699,377.52 in Q1 2022, an increase from ¥180,000,000.00 in Q1 2021[27] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 22,043[13] - The top three shareholders hold a combined 53.69% of the shares, with 福州博宏投资管理有限公司 at 25.36%, 福州永福恒诚投资管理股份有限公司 at 19.43%, and 宁德时代新能源科技股份有限公司 at 8.00%[13] - The company is in the process of issuing shares to specific targets, with ongoing reviews and adjustments to the issuance plan[15][16] Operating Costs and Expenses - Operating costs for Q1 2022 were CNY 340,862,650.74, which is a 116.24% increase compared to CNY 157,634,615.22 in the previous year, driven by higher revenue[7] - Total operating costs amounted to CNY 414,747,012.85, up from CNY 216,893,468.81 in the prior year, reflecting a rise in operational expenses[23] - The company experienced a 113.42% increase in financial expenses, totaling CNY 10,926,161.26, primarily due to increased financing costs and foreign exchange losses[9] - Research and development expenses for the quarter were CNY 13,278,277.63, compared to CNY 11,827,704.66 in the previous year, showing an increase of about 12.3%[23] Investment Income - Investment income for Q1 2022 was CNY 14,497,352.58, a substantial increase of 349.63% compared to CNY 3,224,290.71 in the same period last year, attributed to improved profits from an associated company[9] - The company reported an investment income of CNY 14,497,352.58, significantly higher than CNY 3,224,290.71 from the previous period, indicating strong performance in investment activities[23] Mergers and Acquisitions - The company did not conduct any mergers or acquisitions during the reporting period[24]