协和电子(605258) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥158,577,061.52, representing a decrease of 5.84% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥9,415,014.85, down 45.69% year-on-year[5]. - The basic and diluted earnings per share were both ¥0.1070, reflecting a decline of 45.69%[6]. - Operating profit for Q1 2022 was ¥12.86 million, down 41.0% from ¥21.77 million in the same period last year[18]. - Net profit attributable to shareholders for Q1 2022 was ¥9.42 million, a decline of 45.5% compared to ¥17.34 million in Q1 2021[19]. - The net profit excluding non-recurring gains and losses was ¥8,421,605.67, down 48.04% year-on-year[5]. - The decline in net profit was primarily due to the ongoing impact of the COVID-19 pandemic, high raw material prices, rising labor costs, and increased energy prices[9]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥13,593,424.39, indicating a significant cash outflow[5]. - Cash and cash equivalents as of March 31, 2022, were RMB 119,065,090.55, down from RMB 250,408,847.45 as of December 31, 2021, representing a decline of 52.4%[14]. - The company reported a net cash outflow from operating activities of approximately ¥13.59 million in Q1 2022, compared to a net outflow of ¥12.71 million in Q1 2021[22]. - Investment activities resulted in a net cash outflow of approximately ¥106.87 million in Q1 2022, compared to a net outflow of ¥212.16 million in Q1 2021[23]. - Total assets at the end of the reporting period were ¥1,361,326,392.45, a decrease of 3.70% from the end of the previous year[6]. - Total current assets decreased to RMB 789,380,626.90 from RMB 854,384,809.62, a reduction of 7.6%[14]. - Total assets as of March 31, 2022, were RMB 1,361,326,392.45, down from RMB 1,413,565,268.04, a decrease of 3.7%[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,681[10]. - The top shareholder, Zhang Nanguo, held 15,750,000 shares, accounting for 17.90% of the total shares[11]. Liabilities and Equity - Total liabilities decreased to RMB 223,397,057.52 from RMB 287,180,683.72, a reduction of 22.2%[16]. - The company’s retained earnings increased to RMB 431,332,554.42 from RMB 421,917,539.57, an increase of 2.0%[16]. - The weighted average return on equity decreased by 0.74 percentage points to 0.83%[6]. Inventory and Expenses - Inventory increased to RMB 192,516,920.94 from RMB 187,851,266.04, an increase of 2.0%[15]. - The company incurred research and development expenses of ¥8.47 million in Q1 2022, a decrease of 21.4% from ¥10.77 million in Q1 2021[18]. - Total operating costs for Q1 2022 were approximately ¥148.44 million, slightly up from ¥147.99 million in Q1 2021[18].