FMSH(688385)2022-04-26 16:00Financial Performance - The company achieved operating revenue of approximately 775.80 million RMB, representing a year-on-year increase of 54.54%[4] - Net profit attributable to shareholders reached approximately 232.93 million RMB, a significant increase of 169.62% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately 226.27 million RMB, up 217.81% year-on-year[4] - The net cash flow from operating activities was approximately 178.01 million RMB, reflecting a substantial increase of 324.40%[4] - Basic earnings per share were 0.29 RMB, an increase of 141.67% year-on-year[5] - Total operating revenue for Q1 2022 reached ¥775,796,660.96, a significant increase of 54.5% compared to ¥502,011,131.75 in Q1 2021[18] - Net profit for Q1 2022 was ¥238,180,764.62, compared to ¥94,244,370.95 in Q1 2021, representing a year-over-year growth of 152.3%[20] - The total comprehensive income for Q1 2022 was CNY 237,967,045.53, compared to CNY 94,244,370.95 in Q1 2021, representing an increase of approximately 152.5%[21] - The net profit attributable to the parent company for Q1 2022 was CNY 232,713,680.04, up from CNY 86,391,331.19 in Q1 2021, indicating a growth of about 169.5%[21] - Basic earnings per share for Q1 2022 was CNY 0.29, compared to CNY 0.12 in Q1 2021, reflecting an increase of 141.7%[21] Research and Development - The company invested approximately 198.61 million RMB in R&D, which accounted for 25.60% of operating revenue, a decrease of 0.55 percentage points from the previous year[5] - R&D expenses in Q1 2022 amounted to ¥168,652,941.66, which is a 37.9% increase from ¥122,398,431.50 in Q1 2021[20] Assets and Liabilities - The total assets at the end of the reporting period were approximately 4.65 billion RMB, an increase of 11.73% compared to the end of the previous year[5] - The total assets as of Q1 2022 were ¥4,653,692,697.88, an increase from ¥4,165,014,183.19 in the previous year[18] - The total current assets amount to 3,297,163,699.27 RMB, compared to 3,041,662,776.16 RMB at the end of 2021, showing a growth of approximately 8.4%[16] - The total liabilities for Q1 2022 were ¥1,011,872,517.86, compared to ¥798,111,636.69 in Q1 2021, indicating a rise of 26.7%[18] - Non-current liabilities totaled ¥82,780,194.04 in Q1 2022, slightly down from ¥84,963,109.36 in Q1 2021[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,821[10] - The largest shareholder, Hong Kong Central Clearing Limited, holds 284,205,990 shares, representing 34.89% of total shares[10] - The top ten shareholders include several domestic and foreign entities, with significant stakes held by state-owned enterprises[11] Cash Flow - Cash flow from operating activities for Q1 2022 was CNY 178,013,726.61, significantly higher than CNY 41,944,266.47 in Q1 2021, marking an increase of approximately 323.5%[22] - Cash inflow from operating activities totaled CNY 906,389,290.68 in Q1 2022, compared to CNY 612,601,349.57 in Q1 2021, representing a rise of about 47.9%[22] - Cash outflow from operating activities was CNY 728,375,564.07 in Q1 2022, compared to CNY 570,657,083.10 in Q1 2021, an increase of approximately 27.7%[22] - The ending cash and cash equivalents balance as of Q1 2022 was CNY 534,678,236.90, compared to CNY 304,259,283.88 at the end of Q1 2021, reflecting an increase of approximately 75.5%[23] Operational Outlook - The company is facing potential short-term operational impacts due to pandemic control measures, but maintains a stable long-term operational outlook[14] - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[19] - The company has identified risks related to its operations in the annual report, which may affect future performance[14] Production and Supply Chain - The company’s diverse supply chain layout ensured production capacity and supported revenue growth in the integrated circuit sector[5] - The increase in net profit was primarily driven by higher operating revenue and improved gross margins due to product structure optimization[9]