泰和科技(300801) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥723,638,828.31, representing a 75.55% increase compared to ¥412,212,849.03 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was ¥124,797,684.98, a significant increase of 234.24% from ¥37,338,244.06 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 284.17% to ¥119,883,938.89 from ¥31,206,119.90 year-on-year[3] - Basic and diluted earnings per share increased by 234.18% to ¥0.5778 from ¥0.1729 in the previous year[3] - The total operating revenue for Q1 2022 was CNY 723,638,828.31, a significant increase from CNY 412,212,849.03 in the same period last year, representing a growth of approximately 75.5%[22] - The net profit for Q1 2022 reached CNY 124,701,602.33, up from CNY 37,338,244.06 in Q1 2021, indicating a growth of approximately 234.5%[23] - The total comprehensive income of CNY 121,662,520.60 for Q1 2022, compared to CNY 37,373,745.99 in Q1 2021, representing a growth of approximately 225.5%[24] Cash Flow - The net cash flow from operating activities surged by 4,270.04% to ¥65,492,159.49, compared to ¥1,498,661.11 in the same quarter last year[3] - Cash inflow from operating activities totaled ¥569,646,533.75, compared to ¥323,396,562.53 in the previous period, indicating a year-over-year growth of approximately 76.5%[27] - The total cash outflow from operating activities was ¥504,154,374.26, up from ¥321,897,901.42, resulting in a net cash flow from operations of ¥65,492,159.49[27] - The company’s cash flow from tax refunds was ¥69,042,786.33, significantly higher than ¥26,992,608.59 in the previous period, showing improved tax recovery efforts[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,691,602,338.12, reflecting a 5.30% increase from ¥2,556,205,246.87 at the end of the previous year[3] - The total liabilities for Q1 2022 were CNY 449,738,705.16, slightly up from CNY 440,374,236.32 in Q1 2021, showing a growth of approximately 2.1%[21] - The total equity attributable to shareholders of the parent company was CNY 2,242,037,390.61, an increase from CNY 2,115,908,685.55 in the previous year, representing a growth of about 6.0%[21] Investments and Projects - The company plans to invest CNY 20.45 million in a new project to produce 20,000 tons of VC (Vinyl Carbonate Ester) in two phases[14] - The company has applied for a credit line of up to CNY 200 million from a bank to support its daily operations and business development[13] - The company established a wholly-owned subsidiary with an investment of CNY 30 million to expand into the new energy sector[17] - The company plans to liquidate its wholly-owned subsidiary TAICO INC. as part of its restructuring efforts[13] Shareholder Information - The top shareholder, Cheng Zhongfa, holds 47.63% of the shares, totaling 102,872,700 shares[8] - A total of 16,214,800 shares, representing 7.5069% of the company's total shares, are planned to be reduced by a major shareholder[16] Management and Operational Changes - The company has undergone management changes, including the resignation of key executives, which may impact future strategic directions[15] Research and Development - Research and development expenses for Q1 2022 were CNY 22,885,634.08, up from CNY 16,662,366.99 in Q1 2021, indicating an increase of about 37.2%[23]