Financial Performance - Operating revenue for the first quarter of 2022 was RMB 107,041,110.52, down 8.91% from RMB 117,507,725.67 in the same period last year[14] - Net profit attributable to shareholders for the first quarter of 2022 was a loss of RMB 4,983,032.78, an improvement of 28.47% compared to a loss of RMB 6,966,617.77 in Q1 2021[14] - Total revenue for the reporting period reached 70,737,122 yuan, representing a 46.14% increase compared to the previous year[21] - The company reported a net profit of 1,396,080 yuan, with a significant increase from the previous period[21] - Total operating revenue for Q1 2022 was 23,046,948.86, a decrease from 44,217,208.25 in Q1 2021, representing a decline of approximately 48%[42] - Total operating costs for Q1 2022 were 112,949,478.41, down from 125,348,587.79 in Q1 2021, indicating a reduction of about 10%[38] - Net profit for Q1 2022 was -4,983,032.78, compared to -6,966,617.77 in Q1 2021, showing an improvement of approximately 29%[39] - Basic earnings per share for Q1 2022 was -0.03, compared to -0.05 in Q1 2021, reflecting a 40% improvement[40] - Operating profit for Q1 2022 was -4,933,913.45, an improvement from -7,096,893.08 in Q1 2021, indicating a reduction in losses of approximately 30%[38] - Total profit for Q1 2022 was -4,791,407.87, compared to -7,100,298.82 in Q1 2021, showing a reduction in losses of approximately 32%[38] Cash Flow and Liquidity - The net cash flow from operating activities for the first quarter of 2022 was a negative RMB 96,416,292.30, a decline of 57.69% compared to negative RMB 61,141,064.49 in the same period last year[14] - Cash received from sales of goods and services in Q1 2022 was 96,808,113.54, down from 139,109,834.32 in Q1 2021, a decline of about 30%[45] - Total cash inflow from financing activities was 18,300,000.00, down from 26,937,149.79 in the previous period, reflecting reduced borrowing[47] - Cash outflow for operating activities totaled 197,528,998.20, compared to 213,015,768.72 previously, showing a slight decrease in cash expenses[46] - The ending cash and cash equivalents balance was 29,391,012.61, down from 18,506,416.03 in the previous period, indicating a decrease in liquidity[47] - Cash inflow from sales of goods and services was 29,200,636.59, compared to 47,176,175.08 in the previous period, showing a decline in revenue generation[49] - Cash outflow for purchasing goods and services was 53,152,109.33, significantly higher than 26,726,298.99 in the previous period, indicating increased operational costs[49] - The total cash inflow from operating activities was 49,632,221.11, down from 62,723,123.89 in the previous period, reflecting a decrease in operational efficiency[49] Assets and Liabilities - Total assets as of March 31, 2022, were RMB 480,007,446.89, a decrease of 7.27% compared to RMB 517,627,562.95 at the end of 2021[14] - The company's total liabilities to total assets ratio (consolidated) improved to 30.67% from 34.72% year-over-year[14] - Total current assets decreased to 450,243,860.11 yuan from 489,190,894.33 yuan year-over-year[29] - Accounts receivable increased to 193,676,483.19 yuan, up from 174,857,977.79 yuan year-over-year[29] - Inventory levels were reported at 163,213,669.20 yuan, slightly up from 161,671,086.11 yuan in the previous year[29] - Current liabilities increased from ¥176,637,169.14 to ¥143,646,994.88, a decrease of about 18.69%[30] - Non-current liabilities decreased from ¥3,555,261.06 to ¥3,096,711.89, a reduction of approximately 12.92%[31] - Total liabilities decreased from ¥179,733,881.03 to ¥147,202,255.94, a decline of about 18.14%[31] - Total equity decreased from ¥337,893,681.92 to ¥332,805,190.95, a decrease of approximately 1.28%[31] Shareholder Information - The number of shareholders holding more than 5% of shares includes Dai Fuhao with 22.14% and Cui Zhenying with 6.34%[20] - The registered capital of the company is RMB 153,333,497[12] Commitments and Transactions - The company has no significant litigation or arbitration matters pending during the reporting period[24] - There were no external guarantees or loans provided during the reporting period[24] - The company has fulfilled all previously disclosed commitments in a timely manner[24] - No major related party transactions were reported during the period[24] - The company did not implement any profit distribution or capital increase from reserves during the reporting period[25] Other Financial Metrics - Non-recurring gains and losses for the first quarter amounted to RMB 117,611.53 after tax[17] - Development expenditures increased significantly from ¥239,175.53 to ¥2,532,809.74, an increase of approximately 958.73%[30] - Research and development expenses for Q1 2022 were 3,784,257.27, down from 5,737,010.71 in Q1 2021, a decrease of about 34%[38] - Financial expenses for Q1 2022 were 364,740.82, significantly lower than 1,030,327.20 in Q1 2021, a decrease of about 65%[38] - Other income for Q1 2022 was 1,441,887.37, an increase from 819,447.79 in Q1 2021, representing a growth of approximately 76%[38]
同辉信息(430090) - 2022 Q1 - 季度财报