Financial Performance - The company's revenue for Q1 2022 was CNY 262,365,042.90, representing a 16.88% increase compared to CNY 224,464,304.71 in the same period last year[3] - Net profit attributable to shareholders decreased by 78.84% to CNY 5,200,319.98 from CNY 24,579,442.64 year-on-year[3] - Basic and diluted earnings per share dropped by 85.71% to CNY 0.04 from CNY 0.28 in the same period last year[3] - Net profit for Q1 2022 was CNY 6,087,036.52, a decrease of 77.3% from CNY 26,620,746.87 in Q1 2021[18] - Total operating revenue for Q1 2022 was CNY 262,365,042.90, an increase of 16.9% compared to CNY 224,464,304.71 in Q1 2021[17] - Total operating costs for Q1 2022 were CNY 255,130,450.63, up 24.4% from CNY 204,891,756.54 in the same period last year[17] - Other income for Q1 2022 was CNY 1,251,186.13, a significant decrease from CNY 5,542,390.63 in Q1 2021[17] Cash Flow - The net cash flow from operating activities fell by 61.05% to CNY 27,390,943.21, down from CNY 70,329,967.63 in the previous year[3] - The company reported a net cash flow from investment activities of -28,250,380.27 CNY, an improvement from -71,537,524.61 CNY in the previous year[21] - The total cash inflow from financing activities was 211,628,236.80 CNY, compared to 125,370,000.00 CNY in the same period last year[21] - The net cash flow from financing activities was 25,221,157.53 CNY, a significant recovery from -53,422,101.59 CNY in the previous year[21] - The cash and cash equivalents at the end of the period increased to 140,903,479.27 CNY, up from 46,176,716.12 CNY year-over-year[21] - The company received 155,680,000.00 CNY in cash from borrowings, an increase from 84,880,000.00 CNY in the previous year[21] - The cash outflow for repayment of debts was 63,580,000.00 CNY, slightly down from 73,447,000.00 CNY last year[21] - The company reported a total cash inflow from investment activities of 176,961,827.81 CNY, compared to 110,271,971.89 CNY in the previous year[21] - The cash outflow for investment activities was 205,212,208.08 CNY, an increase from 181,809,496.50 CNY year-over-year[21] Assets and Liabilities - Total assets increased by 8.53% to CNY 3,094,657,674.65 compared to CNY 2,851,484,440.29 at the end of the previous year[3] - Current assets totaled CNY 1,235,539,480.57, up from CNY 1,065,391,784.85 at the start of the year, indicating an increase of about 15.9%[15] - The company's total liabilities increased to CNY 1,776,631,692.50, up from CNY 1,562,446,776.17 in the previous year[16] - The total liabilities of the company increased, with current liabilities reaching CNY 1,205,000,000.00, compared to CNY 1,000,000,000.00 at the beginning of the year, indicating a growth of 20%[15] - The company's fixed assets were valued at CNY 1,414,823,213.31, slightly up from CNY 1,393,574,814.53, reflecting a growth of approximately 1.6%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,772, with the largest shareholder holding 45.22% of the shares[10] - The total equity attributable to shareholders of the parent company was CNY 1,237,161,793.20, slightly up from CNY 1,232,040,209.36 year-on-year[16] Research and Development - The company's R&D expenses rose by 39.00% to CNY 19,142,515.34, driven by increased investment in aluminum mold and information technology development[8] - Research and development expenses for Q1 2022 amounted to CNY 19,142,515.34, an increase of 39.0% compared to CNY 13,771,944.11 in Q1 2021[17] Other Information - The company received government subsidies totaling CNY 1,251,186.13, primarily related to industrial park support[5] - The company has ongoing investments in new technologies and product development, although specific figures were not disclosed in the report[12] - The company did not conduct an audit for the first quarter report[22] - The report was released by the board of directors on April 26, 2022[23]
志特新材(300986) - 2022 Q1 - 季度财报