南山智尚(300918) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 321,695,119.69, representing an increase of 8.03% compared to CNY 297,776,602.26 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was CNY 28,269,485.38, up 17.71% from CNY 24,016,369.92 in the previous year[3] - The company achieved operating revenue of RMB 321.70 million in Q1 2022, representing an 8.03% increase year-on-year[13] - Net profit attributable to shareholders reached RMB 28.27 million, up 17.71% compared to the same period last year[13] - Operating profit for Q1 2022 was CNY 32,962,586.96, reflecting a growth of 10.4% compared to CNY 29,758,880.66 in Q1 2021[25] - Net profit for Q1 2022 reached CNY 28,318,279.29, up 18.5% from CNY 23,960,153.49 in the same period last year[26] - The net profit excluding non-recurring gains and losses was RMB 26.62 million, reflecting an 11.60% increase year-on-year[13] Cash Flow and Assets - The operating cash flow for Q1 2022 improved to CNY -42,732,860.86, a 37.80% increase compared to CNY -68,702,230.98 in Q1 2021[3] - Cash inflow from operating activities was CNY 295,473,297.53, slightly up from CNY 294,987,105.49 in Q1 2021[29] - The net cash flow from operating activities was -42,732,860.86 CNY, an improvement from -68,702,230.98 CNY in the previous year[30] - Cash and cash equivalents increased to RMB 1.12 billion from RMB 984 million at the beginning of the year[20] - Cash and cash equivalents at the end of the period totaled 979,426,787.52 CNY, up from 778,894,089.22 CNY year-over-year[30] - The total cash inflow from investment activities was 329,662,591.47 CNY, significantly higher than 1,200,000.00 CNY in the previous year[30] - The total assets of the company as of April 19, 2022, amounted to RMB 2.78 billion, an increase from RMB 2.70 billion at the beginning of the year[21] - The total assets at the end of Q1 2022 amounted to CNY 2,779,704,422.54, compared to CNY 2,703,943,293.83 at the end of Q1 2021, indicating a growth of 2.8%[22] Liabilities and Expenses - The company's total liabilities increased by 98.66% in accounts payable, reaching CNY 96,973,393.43, due to the issuance of notes for payment[7] - Total liabilities as of the end of Q1 2022 were CNY 1,084,215,077.33, compared to CNY 1,038,051,723.75 at the end of Q1 2021, marking a rise of 4.4%[22] - The company's financial assets decreased by 68.67% to CNY 77,706,389.58 due to the redemption of wealth management products[7] - The company reported a significant increase of 427.36% in taxes and additional charges, amounting to CNY 3,072,424.74[8] - The company reported a decrease in financial expenses to CNY 2,271,157.09 from CNY 1,335,283.78 in the previous year[25] - The company's management expenses decreased by 33.09% to CNY 9,695,883.76, attributed to reduced expenditures due to the pandemic[8] Investments and Strategic Initiatives - Significant investments are being made in smart manufacturing and digital transformation projects to enhance production efficiency[15] - The company is accelerating the construction of a high-performance polyethylene project to diversify its business and strengthen its market position[17] - The company is enhancing its research and development efforts to introduce new products that meet market demands[16] - The company is implementing a comprehensive management model to improve operational efficiency and strategic planning[14] - The company is focusing on high-value orders to ensure steady profit growth and avoid low-price orders[14] Shareholder Information - The company had a total of 16,122 common shareholders at the end of the reporting period[10] Other Financial Metrics - Research and development expenses increased to CNY 12,740,626.33, up 14.1% from CNY 11,165,870.20 in Q1 2021[25] - Other comprehensive income after tax for Q1 2022 was CNY 1,279,495.84, down from CNY 5,396,614.65 in Q1 2021[26] - The company received 327,500,000.00 CNY from the recovery of investments during the quarter[30] - The cash flow from financing activities included 90,000,000.00 CNY received from loans[30] - Total cash inflow from financing activities was 90,000,000.00 CNY, while cash outflow was 93,832,340.30 CNY, resulting in a net cash flow of -3,832,340.30 CNY[30] - The company experienced a foreign exchange impact of -60,378.10 CNY on cash and cash equivalents[30] - The company did not conduct an audit for the first quarter report[31]