XZB(SH:603040)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥97,173,483.57, representing a decrease of 6.71% compared to the same period last year[5] - The net profit attributable to shareholders was ¥35,470,629.95, showing a slight increase of 0.19% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥29,970,626.90, which is a decrease of 9.05% compared to the previous year[5] - Total revenue for Q1 2022 was CNY 97,173,483.57, a decrease of 6.3% compared to CNY 104,160,586.65 in Q1 2021[19] - Operating profit for Q1 2022 increased to CNY 44,925,860.27, compared to CNY 43,783,252.43 in Q1 2021, showing a growth of 2.6%[19] - The total profit for Q1 2022 was approximately ¥44.95 million, compared to ¥43.75 million in Q1 2021, reflecting an increase of about 2.73%[20] - The net profit for Q1 2022 was approximately ¥38.34 million, up from ¥36.87 million in Q1 2021, representing a growth of about 3.99%[20] - The total comprehensive income for Q1 2022 was approximately ¥37.34 million, compared to ¥34.94 million in Q1 2021, reflecting an increase of about 6.86%[20] - The net profit attributable to the parent company's shareholders was approximately ¥35.47 million in Q1 2022, slightly up from ¥35.40 million in Q1 2021, indicating a marginal increase of about 0.20%[20] Cash Flow and Liquidity - The net cash flow from operating activities increased by 41.51% to ¥33,575,641.80, primarily due to an increase in tax refunds and government subsidies[6] - The net cash flow from operating activities for Q1 2022 was approximately ¥33.58 million, compared to ¥23.73 million in Q1 2021, indicating an increase of about 41.67%[23] - The company reported cash inflows from operating activities totaling approximately ¥140.25 million in Q1 2022, compared to ¥118.16 million in Q1 2021, marking an increase of about 18.69%[23] - The cash outflows from investing activities in Q1 2022 were approximately ¥24.17 million, down from ¥151.96 million in Q1 2021, showing a decrease of about 84.06%[24] - The net cash flow from investing activities for Q1 2022 was approximately ¥12.24 million, a turnaround from a negative cash flow of ¥37.00 million in Q1 2021[24] - Cash and cash equivalents as of March 31, 2022, were CNY 270,950,731.89, up from CNY 224,571,799.71 as of December 31, 2021, representing a growth of 20.6%[15] - The total cash and cash equivalents at the end of Q1 2022 amounted to approximately ¥270.95 million, a significant increase from ¥139.16 million at the end of Q1 2021[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,141,937,947.32, reflecting a growth of 1.72% from the end of the previous year[6] - Total assets as of March 31, 2022, amounted to CNY 1,141,937,947.32, an increase from CNY 1,122,629,533.87 at the end of 2021[17] - Total liabilities decreased to CNY 111,432,666.48 from CNY 130,965,922.58, indicating a reduction of 14.9%[17] - Non-current assets totaled CNY 518,254,408.53, slightly down from CNY 522,028,032.89 as of December 31, 2021[16] - Inventory increased to CNY 160,460,196.58 from CNY 137,853,459.53, reflecting a rise of 16.3%[15] Shareholder Information - The company had a total of 10,009 common shareholders at the end of the reporting period[10] - The largest shareholder, Hangzhou Zuofeng Investment Management Co., Ltd., held 51.65% of the shares[10] - The company repurchased 1,028,013 shares, accounting for 0.77% of the total share capital[11] Research and Development - Research and development expenses for Q1 2022 were CNY 7,589,885.02, compared to CNY 6,798,823.31 in Q1 2021, marking an increase of 11.6%[19] - There were no significant new product launches or technological developments mentioned in the report[12] Return on Equity - The weighted average return on equity was 3.60%, a decrease of 0.24 percentage points compared to the previous year[6]