Financial Performance - The company's revenue for Q1 2022 was CNY 446,748,878.97, representing a 5.55% increase compared to CNY 423,257,599.28 in the same period last year[3] - Net profit attributable to shareholders decreased by 41.39% to CNY 51,213,276.95 from CNY 87,377,148.73 year-on-year[3] - The net profit after deducting non-recurring gains and losses fell by 46.00% to CNY 47,085,348.96 compared to CNY 87,199,168.69 in the previous year[3] - The basic earnings per share decreased by 51.67% to CNY 0.290 from CNY 0.600 in the same period last year[3] - In Q1 2022, the company reported a net profit of CNY 51,213,276.95, a decrease of 41.3% compared to CNY 87,377,148.73 in the same period last year[27] - The company's operating profit for Q1 2022 was CNY 59,460,827.20, down 41.8% from CNY 102,289,691.98 in Q1 2021[27] - The company reported a total comprehensive income of CNY 51,213,276.95 for Q1 2022, compared to CNY 87,377,148.73 in Q1 2021[28] Assets and Equity - The company's total assets increased by 304.29% to CNY 3,589,986,340.02 from CNY 887,969,616.44 at the end of the previous year[3] - Shareholders' equity rose by 277.74% to CNY 2,902,273,042.58 from CNY 768,317,779.15 at the end of the last year[3] - The equity attributable to the parent company increased to CNY 2,902,273,042.58 from CNY 768,317,779.15, marking a growth of 277.5%[24] Cash Flow - The net cash flow from operating activities was CNY 134,949,982.84, a slight decrease of 0.53% compared to CNY 135,665,650.49 in the previous year[3] - The total cash inflow from operating activities was CNY 513,415,374.43, compared to CNY 479,225,163.15 in the previous year, reflecting a growth of 7.1%[31] - The net cash flow from financing activities increased by 2,477.27 million yuan, an increase of 32,603.19%, primarily due to funds raised from the initial public offering of common stock[14] - The net cash flow from financing activities was CNY 2,469,675,931.43, compared to a net outflow of CNY 7,598,257.74 in the previous year[32] Investment Activities - The company’s investment activities generated a net cash outflow of CNY 2,052,944,807.76, a decrease of 14,561.98% compared to the previous year[9] - The net cash flow from investing activities decreased by 2,038.94 million yuan, a decline of 14,561.98%, mainly due to the acquisition of fixed assets and cash management activities[14] - The company experienced a significant cash outflow in investment activities, totaling CNY 2,413,861,145.17, compared to CNY 73,068,481.21 in the previous year[32] Costs and Expenses - The total operating costs amounted to CNY 392,289,669.15, up 22.1% from CNY 321,227,728.65 in the previous period[26] - The company's gross profit margin decreased due to the inability to fully pass on the rising raw material costs to downstream customers[14] - Research and development expenses increased to CNY 16,589,281.92, up 17.2% from CNY 14,152,650.99 in the previous year[27] - Financial expenses decreased by 9.21 million yuan, a decrease of 5,808.68%, mainly due to increased interest income during the reporting period[13] Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, with a net increase of CNY 551,681,080.82, up 383.65% from CNY 114,065,608.01 in the previous year[9] - The company's cash and cash equivalents increased significantly to CNY 740,809,117.09 from CNY 136,947,490.68 at the beginning of the year, representing a growth of 442.5%[22] - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 679,666,006.88, an increase from CNY 156,335,622.36 at the end of Q1 2021[32] Shareholder Information - The number of common shareholders at the end of the reporting period was 50,878[16] - The company plans to release 147,780,865 restricted shares, with a significant portion set to be released on January 13, 2023, and July 13, 2025[19] - The company successfully completed its initial public offering (IPO) of 48,428,100 shares at a price of CNY 55.57 per share on January 13, 2022[20] Inventory and Future Plans - The company reported a significant increase in inventory, which rose to CNY 155,367,722.61 from CNY 88,447,480.79, an increase of 75.5%[22] - The company has plans for future expansion and product development, although specific details were not disclosed in the provided documents[19]
星辉环材(300834) - 2022 Q1 - 季度财报