Financial Performance - Total revenue for Q1 2022 reached RMB 53,578,400.74, representing a 46.79% increase compared to RMB 36,499,801.43 in the same period last year[15]. - Net profit attributable to shareholders was RMB 6,813,246.75, a significant increase of 1,707.78% from a loss of RMB 423,767.99 in Q1 2021[15]. - Basic earnings per share rose to RMB 0.09, reflecting a growth of 1,036.14% from a loss of RMB 0.01 per share in the same quarter last year[15]. - The company attributed revenue growth to the rise of smart mining construction and successful expansion into markets outside the province[17]. - The gross profit margin improved, with operating profit recorded at ¥11,174,170.19 compared to a loss of ¥285,282.82 in the previous year[80]. - The total comprehensive income attributable to shareholders was ¥6,813,246.75, a recovery from a loss of ¥423,767.99 in the previous year[77]. Cash Flow and Assets - The net cash flow from operating activities improved by 31.39%, amounting to RMB -25,223,273.87, compared to RMB -36,762,708.46 in the previous year[15]. - Cash and cash equivalents were reported at CNY 207,906,508.60 as of March 31, 2022, down from CNY 251,340,625.15 at the end of 2021, indicating a decrease of about 17.2%[67]. - The company's total current assets amounted to CNY 643,501,274.58, a decrease from CNY 695,745,808.77 as of December 31, 2021, representing a decline of approximately 7.5%[67]. - The company's total liabilities decreased to CNY 129,822,684.10 as of March 31, 2022, compared to CNY 184,991,922.21 at the end of 2021, reflecting a reduction of approximately 29.9%[68]. - The company's cash inflow from operating activities totaled $47,615,806.28, compared to $37,711,278.64 in the same period last year, representing a 26.5% increase[86]. Shareholder Information - The total number of unrestricted shares at the end of the period is 38,227,447, representing 52.52% of total shares[22]. - The largest shareholder, Fu Guojun, holds 14,184,911 shares, accounting for 19.49% of total shares[24]. - The total shares held by the top ten shareholders amount to 41,396,672, representing 56.88% of total shares[26]. - The company has a significant concentration of ownership, with the top three shareholders holding a combined 37.94% of total shares[24]. - There were no changes in the number of shares held by major shareholders during the reporting period[24]. Commitments and Compliance - The company has committed to avoiding any business activities that may compete with its operations during the holding period of shares[31]. - The company will ensure compliance with all relevant laws and regulations regarding shareholding and reduction commitments[36]. - The company will take measures to ensure compliance with public commitments made during the stock issuance process[51]. - The company will disclose reasons for any failure to fulfill commitments and apologize to shareholders and investors[51]. - The company will not issue any securities until the adverse effects of unfulfilled commitments are completely eliminated[51]. Related Party Transactions and Legal Matters - The company has ensured that all related party transactions are fully disclosed and comply with relevant regulations[57]. - The company will prioritize transactions with third parties over related parties when possible to reduce related party transactions[57]. - The company has not encountered any litigation or arbitration matters during the reporting period[29]. - There were no significant related party transactions or external guarantees reported[29]. Loans and Financing - The company entered into a loan agreement with China Postal Savings Bank for an amount of CNY 10 million, with a term from July 28, 2021, to July 27, 2022[59]. - The company signed a loan agreement with China Postal Savings Bank for a total borrowing amount of CNY 15,000,000, with terms ranging from August 2021 to September 2022[60][61].
科达自控(831832) - 2022 Q1 - 季度财报