美瑞新材(300848) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥391,094,965.74, representing a 43.24% increase compared to the same period last year[3] - The net profit attributable to shareholders was ¥22,606,400.09, showing a slight increase of 0.49% year-on-year[3] - Total operating revenue for the current period reached ¥391,094,965.74, a significant increase of 43.3% compared to ¥273,027,968.17 in the previous period[26] - Net profit for the current period was ¥22,610,253.21, slightly up from ¥22,495,546.52, reflecting a growth of 0.5%[27] - Earnings per share remained stable at ¥0.17 for both the current and previous periods[28] Cash Flow - The net cash flow from operating activities was -¥48,891,628.78, a significant decrease of 249.75% compared to the previous year[14] - Cash inflow from operating activities totaled ¥278,721,398.58, an increase of 48.5% compared to ¥187,557,468.24 in the last period[28] - The net cash flow from operating activities was -48,891,628.78, a decrease from 32,648,629.03 in the previous period[30] - The company experienced a net decrease in cash and cash equivalents of -76,625,356.81, contrasting with an increase of 92,731,887.32 in the prior period[31] - The company’s cash outflow from operating activities totaled 327,613,027.36, compared to 154,908,839.21 in the previous period[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,751,537,271.14, reflecting a 3.76% increase from the end of the previous year[3] - The total liabilities stood at CNY 1,303,229,886.39, with short-term borrowings remaining stable at CNY 27,024,581.95[23] - Total liabilities rose to ¥764,909,431.70, compared to ¥723,979,662.59 in the previous period, reflecting a growth of 5.7%[24] - The total equity attributable to shareholders increased by 2.54% to ¥911,446,957.57[4] - Total equity increased to ¥986,627,839.44, up from ¥964,017,586.23, marking a growth of 2.7%[24] Receivables and Inventory - The company's accounts receivable increased by 171.60% to ¥113,282,871.11, primarily due to increased sales[9] - The company has a significant receivable increase, with accounts receivable rising to CNY 113,282,871.11 from CNY 41,709,278.61, marking an increase of approximately 171.36%[22] - Inventory levels increased to CNY 355,377,906.85 from CNY 342,176,648.39, showing a growth of about 3.06%[23] Expenses - Research and development expenses rose by 49.40% to ¥17,083,509.02, indicating a focus on innovation[12] - Research and development expenses increased to ¥17,083,509.02, up 49.8% from ¥11,434,529.54 in the previous period, indicating a focus on innovation[26] - The company reported a significant increase in management expenses by 55.39% to ¥7,895,161.21, attributed to rising operational costs[12] Shareholder Information - The company has a total of 91,502,000 shares held by major shareholders, with the largest shareholder, Wang Renhong, holding 51,802,000 shares[20] - The company’s major shareholders include Shandong Ruichuang Investment Partnership and Shandong Shangge Investment Partnership, holding 12,000,000 and 8,000,000 shares respectively[20] Government Subsidies - The company received government subsidies amounting to ¥1,597,163.22, which are closely related to its normal business operations[6] Financial Performance Indicators - The weighted average return on equity was 2.51%, a decrease of 0.32% compared to the previous year[3] - The company reported a financial income of ¥1,006,384.04 from fair value changes, compared to ¥613,725.24 in the previous period, indicating improved financial performance[26] Other Information - The company has not reported any new product developments or market expansion strategies during the conference call[21]