DFAC(SH:600006)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥3,587,645,391.60, representing a decrease of 9.50% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥118,661,853.46, down 56.55% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥98,342,295.32, a decrease of 62.01% compared to the previous year[6]. - The basic earnings per share for the period was ¥0.0593, reflecting a decline of 56.59% year-on-year[6]. - The weighted average return on equity was 1.47%, a decrease of 1.96 percentage points from the previous year[9]. - The net profit for the current quarter is 120,854,603.71, a decrease of 55.6% compared to 271,844,092.79 in the same quarter last year[28]. - The total operating profit was reported at 123,131,071.18, down from 259,027,049.13, a decrease of 52.5%[28]. - The total comprehensive income for the period was 120,854,603.71, compared to 271,844,092.79, indicating a decrease of 55.6%[30]. Assets and Liabilities - Total assets at the end of the reporting period were ¥19,668,891,317.36, down 1.07% from the end of the previous year[9]. - The equity attributable to shareholders was ¥8,139,943,263.21, an increase of 1.48% compared to the end of the previous year[9]. - Total liabilities decreased to CNY 11,251,022,646.72 from CNY 11,584,633,986.61, a reduction of 2.9%[24]. - Shareholders' equity increased to CNY 8,417,868,670.64 from CNY 8,297,014,066.93, reflecting a growth of 1.5%[24]. Cash Flow - The net cash flow from operating activities was -¥603,250,026.80, indicating a negative cash flow situation[6]. - The cash flow from operating activities showed a net outflow of -603,250,026.80, an improvement from -2,038,916,637.45 in the previous year[34]. - The cash and cash equivalents at the end of the period amounted to 3,887,505,848.47, compared to 2,689,340,925.85, representing an increase of 44.7%[35]. - Cash and cash equivalents decreased to CNY 4,680,806,276.09 from CNY 5,800,810,832.36, a decline of 19.3%[22]. Operational Metrics - The decline in net profit was primarily due to a decrease in sales volume and reduced profits from the main business[12]. - Total revenue for Q1 2022 was CNY 3,587,645,391.60, a decrease of 9.5% compared to CNY 3,964,142,914.36 in Q1 2021[24]. - Total operating costs for Q1 2022 were CNY 3,554,938,059.17, down from CNY 3,887,461,768.59 in Q1 2021, reflecting a reduction of 8.6%[24]. - The company reported a significant increase in investment income, totaling 98,537,551.29 compared to 201,124,813.26, a decline of 51.0%[28]. - Research and development expenses decreased to 88,831,829.74 from 108,045,676.55, reflecting a reduction of 17.7%[28]. Government Support and Future Outlook - The company received government subsidies amounting to ¥8,580,973.22 during the reporting period[10]. - Future outlook includes potential market expansion and new product development, although detailed projections were not provided in the current report[24]. Accounting Changes - The company has implemented new accounting standards starting from 2022, affecting the financial statements from the beginning of the year[37].