华信新材(300717) - 2022 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2022 was ¥76,750,787.31, representing a 17.71% increase compared to ¥65,205,666.43 in the same period last year[5] - Net profit attributable to shareholders decreased by 51.08% to ¥4,516,840.79 from ¥9,232,351.91 year-on-year[5] - The total operating revenue for Q1 2022 was CNY 76,750,787.31, representing an increase of 17.5% compared to CNY 65,205,666.43 in the same period last year[23] - The operating profit for Q1 2022 was CNY 5,208,881.98, down 51.7% from CNY 10,791,944.15 in the previous year[24] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.0441, compared to CNY 0.0902 in Q1 2021[25] Cash Flow and Assets - The net cash flow from operating activities improved significantly, reaching ¥13,303,614.74, a 330.34% increase from a negative cash flow of ¥5,775,670.48 in the previous year[5] - The cash and cash equivalents at the end of Q1 2022 amounted to CNY 119,159,590.93, an increase from CNY 109,732,784.89 at the end of Q1 2021[29] - The company's current assets totaled CNY 314,256,123.50, up from CNY 309,461,267.81 at the beginning of the year, indicating a growth of approximately 1.3%[19] - Total assets increased by 4.54% to ¥696,012,992.13 from ¥665,786,790.38 at the end of the previous year[6] Expenses and Liabilities - Total operating costs for Q1 2022 were CNY 71,470,568.59, up 29.7% from CNY 55,072,295.62 in Q1 2021[23] - Research and development expenses rose by 54.84% to ¥3,258,411.21, primarily due to increased depreciation of fixed assets[11] - The company reported a tax expense of CNY 732,041.19 for Q1 2022, down from CNY 1,615,592.24 in the same period last year[24] - The total liabilities as of the end of Q1 2022 were CNY 76,074,486.47, slightly up from CNY 75,471,076.68 at the end of Q1 2021[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,617[12] - The board of directors of Jiangsu Huaxin New Materials Co., Ltd. held a meeting on April 27, 2022, to discuss financial performance and strategic direction[31] Inventory and Receivables - Accounts receivable decreased to CNY 136,181,907.15 from CNY 140,356,717.23, representing a decline of about 3.1%[18] - Inventory increased significantly to CNY 45,148,418.53 from CNY 37,242,107.10, marking an increase of approximately 21.3%[19] - The company experienced a significant increase in contract liabilities, which rose by 46.02% to ¥6,598,582.37 due to an increase in advance payments[9]