Maxwell(SZ:300751)2022-04-18 16:00Financial Performance - The company's revenue for Q1 2022 reached ¥834,218,308.41, representing a year-on-year increase of 32.09% compared to ¥631,576,180.26 in the same period last year[3]. - Net profit attributable to shareholders was ¥179,825,977.66, a 49.77% increase from ¥120,068,898.83 in the previous year[3]. - Basic earnings per share decreased by 23.15% to ¥1.66, compared to ¥2.16 in the same period last year[3]. - The total operating revenue for Q1 2022 was CNY 834,218,308.41, an increase of 32.1% compared to CNY 631,576,180.26 in Q1 2021[15]. - Net profit for Q1 2022 reached CNY 174,436,205.32, representing a 48.8% increase from CNY 117,112,714.00 in Q1 2021[16]. - The company reported a profit before tax of CNY 213,570,293.01, up from CNY 142,143,146.47 in the same quarter last year, marking a growth of 50.3%[16]. - The total equity attributable to shareholders of the parent company was CNY 6,058,647,039.79, an increase of 3.2% from CNY 5,871,693,928.00 in the previous year[14]. Cash Flow - The net cash flow from operating activities decreased by 73.32% to ¥29,431,751.96, down from ¥110,334,279.47, primarily due to increased procurement in response to pandemic impacts[5]. - Cash inflow from operating activities totaled ¥583,015,465.59, up 22.9% from ¥474,130,956.12 in the previous period[18]. - Cash outflow from operating activities increased to ¥553,583,713.63, compared to ¥363,796,676.65 in the previous period, representing a 52.2% increase[18]. - The net cash flow from investing activities is ¥565,877,330.15, recovering from a negative cash flow of -¥61,888,179.17 in the previous period[19]. - The net cash flow from financing activities was -¥2,398,374.00, a significant decrease from ¥462,869,443.64 in the previous period[19]. - The total cash and cash equivalents at the end of the period amounted to ¥3,262,161,872.78, an increase from ¥1,249,694,207.33 in the previous period[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,342,837,913.52, a 5.80% increase from ¥9,775,882,062.03 at the end of the previous year[3]. - The company's total liabilities increased to CNY 4,316,377,214.56 in Q1 2022, compared to CNY 3,930,984,702.52 in Q1 2021, reflecting a growth of 9.8%[14]. - The company's long-term equity investments slightly decreased to CNY 47,675,419.72 from CNY 48,425,573.03[13]. - The company's total current assets reached CNY 9,411,584,519.17, compared to CNY 9,011,768,290.92 at the beginning of the year, marking an increase of about 4.4%[13]. - The accounts payable increased to CNY 950,637,930.76 from CNY 659,276,284.77, showing a growth of approximately 44.2%[13]. Shareholder Information - The company reported a total of 20,235 common shareholders at the end of the reporting period[6]. - Major shareholder Zhou Jian holds 22.33% of the shares, with a total of 24,145,184 shares[6]. - The company approved a share repurchase plan with a total fund of no less than CNY 162.5 million and no more than CNY 325 million, aimed at employee stock ownership plans[11]. Research and Development - Research and development expenses for Q1 2022 were CNY 93,148,213.09, significantly higher than CNY 48,769,709.57 in Q1 2021, indicating a 91.0% increase[15]. Government Support - The company received government subsidies amounting to ¥705,779.27 during the reporting period[4]. Market Strategy - The company plans to continue expanding its market presence and enhancing its product offerings in the solar energy sector[5].