SGSG(300561)2022-04-24 16:00Revenue and Profit - The company's revenue for Q1 2022 was CNY 40,308,881.91, representing a 3.32% increase compared to CNY 39,014,583.97 in the same period last year[3]. - Net profit attributable to shareholders decreased by 5.43% to CNY 5,876,122.52 from CNY 6,213,267.05 year-on-year[3]. - The total operating revenue for the current period is CNY 40,308,881.91, an increase of 3.30% compared to CNY 39,014,583.97 in the previous period[20]. - The net profit for Q1 2022 was CNY 5,876,200.58, a decrease of 5.4% compared to CNY 6,212,966.42 in Q1 2021[21]. - Operating profit for Q1 2022 was CNY 6,279,914.06, down from CNY 6,801,398.63 in the same period last year, reflecting a decline of 7.6%[21]. - The total comprehensive income for Q1 2022 was CNY 5,876,200.58, down from CNY 6,212,966.42 in the same quarter of the previous year[22]. Cash Flow and Operating Activities - The net cash flow from operating activities improved by 39.46%, reaching CNY -13,754,598.21, compared to CNY -22,721,288.45 in the previous year[3]. - The cash flow from operating activities showed a net outflow of CNY -13,754,598.21, an improvement from CNY -22,721,288.45 in the previous year[25]. - Investment activities resulted in a net cash outflow of CNY -17,217,796.39, compared to CNY -32,521,126.51 in Q1 2021, showing a reduction in cash outflow[26]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 730,897,931.58, a decrease of 0.78% from CNY 736,607,619.49 at the end of the previous year[3]. - The total liabilities decreased to CNY 66,330,929.11 from CNY 77,916,817.60, indicating a reduction of approximately 15%[18]. - Cash and cash equivalents at the end of the period are CNY 18,791,117.84, down from CNY 50,072,954.09 at the beginning of the period, a decrease of approximately 62.5%[16]. - Accounts receivable increased to CNY 92,751,956.82 from CNY 76,000,618.81, reflecting a growth of 22.0%[16]. - Inventory at the end of the period is CNY 64,500,598.69, up from CNY 61,581,490.54, indicating an increase of 4.67%[16]. - The company has a long-term investment in fixed assets totaling CNY 327,761,604.73, slightly down from CNY 329,710,423.65[17]. Expenses - Management expenses increased by 142.93% year-on-year, mainly due to higher fixed asset depreciation[7]. - The total operating costs for the current period amount to CNY 36,624,098.06, which is a rise of 5.66% from CNY 34,663,434.37 in the previous period[20]. - The operating cost specifically for the current period is CNY 18,326,969.94, up from CNY 17,556,559.87, reflecting a growth of 4.38%[20]. - The company incurred sales expenses of CNY 8,059,874.71, a decrease of 17.0% from CNY 9,708,706.17 in the previous year[21]. - Research and development expenses were CNY 4,639,093.52, a decrease of 9.6% compared to CNY 5,130,037.83 in Q1 2021[21]. Other Income and Gains - Other income rose by 55.22% compared to the previous year, attributed to an increase in VAT refunds[7]. - The company reported a total of CNY 553,183.43 in non-recurring gains and losses for the period[5]. - Investment income decreased by 63.25% compared to the same period last year, primarily due to a decline in financial product returns[7]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,990[9]. - The company's equity attributable to shareholders increased by 0.89% to CNY 666,539,209.41 from CNY 660,663,086.89 at the end of the previous year[3]. - The total equity attributable to shareholders increased to CNY 666,539,209.41 from CNY 660,663,086.89, showing a growth of about 0.13%[18]. - The company reported a basic and diluted earnings per share of CNY 0.02 for both Q1 2022 and Q1 2021, indicating stability in earnings per share[22].