恒而达(300946) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥128,378,049.10, representing a 24.98% increase compared to ¥102,717,523.92 in the same period last year[2] - Net profit attributable to shareholders decreased by 23.42% to ¥26,545,861.28 from ¥34,664,452.67 year-on-year[2] - The net profit after deducting non-recurring gains and losses increased by 11.14% to ¥22,450,922.14 compared to ¥20,200,764.48 in the previous year[2] - Total operating revenue for Q1 2022 was CNY 128,378,049.10, an increase of 24.9% compared to CNY 102,717,523.92 in Q1 2021[22] - Net profit for Q1 2022 was CNY 26,545,861.28, a decrease of 23.4% from CNY 34,664,452.67 in Q1 2021[23] - Earnings per share for Q1 2022 was CNY 0.40, down from CNY 0.52 in Q1 2021[24] Cash Flow - The company's cash flow from operating activities was negative at -¥31,038,103.92, a decline of 29.21% from -¥24,022,258.23 in the same period last year[2] - Cash flow from operating activities in Q1 2022 was CNY 99,898,352.71, significantly higher than CNY 47,337,044.59 in Q1 2021[26] - The net cash flow from operating activities was -31,038,103.92 CNY, compared to -24,022,258.23 CNY in the previous year, indicating a decline in operational cash generation[27] - Total cash inflow from investment activities was 219,533,476.87 CNY, while cash outflow was 317,477,178.29 CNY, resulting in a net cash flow from investment activities of -97,943,701.42 CNY[28] - The net cash flow from financing activities decreased by 99.51% to ¥195,420.00 from ¥40,166,910.00, primarily due to the previous year's IPO proceeds[11] - The total cash and cash equivalents at the end of the period were 51,618,086.90 CNY, down from 313,449,742.87 CNY at the beginning of the period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,169,357,658.43, an increase of 1.47% from ¥1,152,426,845.46 at the end of the previous year[3] - Total liabilities as of Q1 2022 were CNY 149,658,505.23, a decrease from CNY 159,273,553.54 in the previous year[21] - Total current assets amount to 841,001,607.73 RMB, a decrease from 861,748,748.94 RMB at the beginning of the year[18] - Total non-current assets increased to 328,356,050.70 RMB from 290,678,096.52 RMB at the beginning of the year[19] - Short-term borrowings increased to 16,470,419.24 RMB from 11,666,302.04 RMB at the beginning of the year[19] - Accounts payable decreased to 29,945,386.42 RMB from 40,363,093.79 RMB at the beginning of the year[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,970[13] - The largest shareholder, Lin Zhenghua, holds 66.30% of shares, totaling 44,200,000 shares[13] - The company has a total of 2,050,000 shares held by Putian Hushan Lanshui Investment Partnership, accounting for 3.07% of shares[14] - The company has a total of 3,050,000 shares under lock-up conditions, with 750,000 shares released during the period[15] Operational Challenges - The company reported a significant increase in credit impairment losses of 1,878.39% due to higher accounts receivable[10] - Operating costs rose by 31.41% to ¥91,231,500.00 from ¥69,425,700.00, reflecting the increase in revenue[9] - The company’s cash flow from operating activities showed a negative trend, indicating potential challenges in maintaining operational liquidity[27] - The company reported a significant increase in accounts receivable, rising to 139,265,902.15 RMB from 79,702,054.65 RMB[18] Research and Development - Research and development expenses for Q1 2022 were CNY 3,311,084.27, compared to CNY 3,050,717.51 in Q1 2021, reflecting a focus on innovation[22] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]