盛洋科技(603703) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 202,323,673.78, representing a decrease of 16.48% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 5,204,948.65, down 49.70% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 4,264,504.66, a decline of 59.94% compared to the previous year[4] - Basic earnings per share decreased by 33.33% to CNY 0.02[4] - The total comprehensive income for Q1 2022 was ¥4,594,438.80, down from ¥13,694,609.77 in Q1 2021, representing a decrease of 66.5%[21] - Net profit for Q1 2022 was ¥5,894,142.98, a decline of 60.4% from ¥14,860,689.53 in Q1 2021[20] - Operating profit for Q1 2022 was a loss of ¥6.15 million, compared to a profit of ¥6.81 million in Q1 2021, indicating a significant decline[32] - Net profit for Q1 2022 was a loss of ¥5.16 million, contrasting with a net profit of ¥6.62 million in Q1 2021, marking a year-over-year decrease of 177.9%[32] Cash Flow - The net cash flow from operating activities increased by 24.27% to CNY 23,682,241.72[4] - In Q1 2022, the cash inflow from operating activities totaled ¥234,764,014.05, an increase of 13.94% compared to ¥205,942,306.17 in Q1 2021[23] - The cash inflow from investment activities was ¥38,480,632.16, while cash outflow was ¥28,885,584.08, resulting in a net cash flow of ¥9,595,048.08, compared to a negative net cash flow of ¥7,948,956.10 in Q1 2021[24] - The company experienced a net decrease in cash and cash equivalents of ¥42,782,359.82 in Q1 2022, compared to a net decrease of ¥406,160,291.32 in Q1 2021[25] - Cash flow from operating activities for Q1 2022 was ¥47.51 million, an increase from ¥4.29 million in Q1 2021, showing improved cash generation[34] - Cash flow from investing activities for Q1 2022 was ¥34.62 million, a recovery from a negative cash flow of ¥12.23 million in Q1 2021[34] - Cash flow from financing activities for Q1 2022 resulted in a net outflow of ¥153.93 million, an improvement from a net outflow of ¥403.79 million in Q1 2021[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,905,594,085.35, a decrease of 3.82% from the end of the previous year[5] - The company's total assets as of March 31, 2022, were ¥1,754,633,317.76, down from ¥1,864,555,260.73 at the end of 2021[26] - The company's total liabilities as of Q1 2022 amounted to ¥1,043,968,690.20, slightly up from ¥1,039,136,268.94 in the previous year[17] - The total liabilities decreased to ¥753,842,103.18 from ¥773,580,972.56 at the end of 2021[27] - The owner's equity totaled ¥1,000,791,214.58, down from ¥1,090,974,288.17 at the end of 2021[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,847[9] - The largest shareholder, Ye Liming, holds 12.42% of the shares, totaling 37,095,000 shares, with 30,000,000 shares pledged[9] - Shareholders' equity attributable to the parent company was CNY 844,751,784.29, down 8.75% from the previous year-end[5] - The total equity attributable to shareholders was ¥844,751,784.29, down from ¥925,709,410.27 in Q1 2021, reflecting a decrease of 8.7%[17] Research and Development - Research and development expenses for Q1 2022 were ¥8,905,727.30, a decrease of 26.5% compared to ¥12,175,079.33 in Q1 2021[19] - Research and development expenses decreased to ¥3.26 million in Q1 2022 from ¥6.43 million in Q1 2021, reflecting a reduction in investment in innovation[31] Share Repurchase - The company repurchased a total of 6,456,800 shares, accounting for 2.16% of the total share capital, with a total expenditure of RMB 115,001,291[12] - The highest repurchase price was RMB 24.10 per share, while the lowest was RMB 11.24 per share[12] - The company adjusted its share repurchase plan, increasing the maximum repurchase price from RMB 18 to RMB 34.70 per share[11] - The company plans to continue its share repurchase program within a 12-month period from the board's approval date[11] Inventory and Receivables - The company's inventory as of March 31, 2022, was RMB 329,399,420.30, an increase from RMB 312,259,409.26 at the end of 2021, reflecting a growth of approximately 5.4%[15] - Accounts receivable decreased from RMB 224,401,372.87 to RMB 210,725,084.07, a decline of about 6.1%[15] Financial Costs - The company reported a financial cost of ¥4,592,431.21 in Q1 2022, compared to a financial income of ¥1,104,830.96 in Q1 2021[19] - Interest expenses rose to ¥5.01 million in Q1 2022 from ¥2.80 million in Q1 2021, highlighting increased borrowing costs[31]