Financial Performance - The company's revenue for Q1 2022 reached ¥4,523,185,642.85, representing an increase of 82.65% compared to ¥2,476,455,430.82 in the same period last year[4] - Net profit attributable to shareholders was ¥289,002,695.56, a growth of 101.77% from ¥143,234,895.55 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥278,373,082.02, up 138.45% from ¥116,740,563.68 in the previous year[4] - The total operating revenue for the first quarter of 2022 was CNY 4,523,185,642.85, an increase of 82.5% compared to CNY 2,476,455,430.82 in the same period last year[31] - The net profit for the first quarter of 2022 was CNY 289,002,695.56, compared to CNY 143,234,895.55 in the previous year, representing a growth of 101.5%[34] - Basic and diluted earnings per share both stood at CNY 1.12, doubling from CNY 0.56 in the previous period[37] Assets and Liabilities - The company's total assets increased by 57.55% to ¥11,023,966,174.39 from ¥6,997,163,399.57 at the end of the previous year[4] - The total current assets increased to CNY 8,020,833,364.42 from CNY 4,018,099,710.09, marking a growth of 99.8%[23] - The total non-current assets were CNY 3,003,132,809.97, slightly up from CNY 2,979,063,689.48, indicating a modest increase of 0.8%[26] - The company's total liabilities as of the end of the first quarter of 2022 were CNY 6,029,788,950.44, compared to CNY 5,206,916,709.26 at the beginning of the year, reflecting an increase of 15.8%[29] Equity and Shareholder Information - The total equity attributable to shareholders surged by 178.97% to ¥4,994,177,223.95 from ¥1,790,246,690.31 at the end of the previous year[4] - The equity attributable to shareholders of the parent company rose to CNY 4,994,177,223.95 from CNY 1,790,246,690.31, a substantial increase of 178.5%[29] - The total number of common shareholders at the end of the reporting period was 76,751[12] - Zhejiang Zhengkai Group Co., Ltd. holds 35.13% of shares, totaling 120,639,328 shares[12] - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest shareholder owning over 120 million shares[12] Cash Flow - Cash flow from operating activities was ¥92,099,913.63, reflecting an 11.70% increase from ¥82,451,054.20 in Q1 2021[10] - Cash inflow from operating activities totaled CNY 5,954,600,093.14, up from CNY 2,898,632,768.42 in the previous period[41] - The net cash flow from operating activities was CNY 92,099,913.63, compared to CNY 82,451,054.20 in the previous period[41] - The company reported a net cash outflow from investing activities of CNY -36,893,083.79, an improvement from CNY -90,642,946.83 in the previous period[44] - Cash inflow from financing activities was CNY 3,816,084,799.58, significantly higher than CNY 472,861,174.84 in the previous period[44] - The net cash flow from financing activities was CNY 3,215,334,911.54, compared to a net outflow of CNY -168,682,562.91 in the previous period[44] - The ending balance of cash and cash equivalents was CNY 3,428,381,128.18, up from CNY 267,548,440.09 in the previous period[44] Research and Development - Research and development expenses increased by 47.94% to ¥8,975,136.93 from ¥6,066,855.19 in the previous year, indicating a focus on innovation[10] - The company reported research and development expenses of CNY 8,975,136.93 for the first quarter, up from CNY 6,066,855.19, indicating a year-on-year increase of 48.5%[34] Financial Expenses - The company experienced a 618.41% increase in financial expenses, reaching ¥40,384,206.99, mainly due to increased borrowing costs and foreign exchange losses[10] - The financial expenses for the first quarter were CNY 40,384,206.99, significantly higher than CNY 5,621,321.06 in the previous year, reflecting a rise of 618.5%[34] Share Restrictions and Future Plans - The total number of restricted shares at the beginning of the period was 257,545,400, with 14,351,265 new restricted shares added during the period[19] - The total number of unrestricted shares at the end of the period is 271,896,665[19] - The company plans to lift restrictions on shares held by major shareholders on March 29, 2023, and September 29, 2025[19] - The company has a strategic plan for market expansion and product development, although specific details were not disclosed in the provided content[20] - The company has not reported any new mergers or acquisitions in the current period[20] - The company is focused on maintaining shareholder value and managing restricted shares effectively[20] Exchange Rate Impact - The impact of exchange rate fluctuations on cash and cash equivalents was a decrease of 181,855.11, representing a 105.68% change[12]
万凯新材(301216) - 2022 Q1 - 季度财报