Financial Performance - Operating revenue for the first quarter of 2022 was ¥252,580,058.94, representing a year-on-year growth of 4.12%[14] - Net profit attributable to shareholders for the first quarter of 2022 was ¥23,382,084.00, a slight increase of 0.41% compared to the same period last year[14] - The total revenue for the reporting period reached 69,213,750, with a year-on-year increase of 64.31% compared to 59,227,500[22] - The company reported a net profit of 2,350,150, reflecting a decrease of 15,000 from the previous period, which is a 2.18% share of total revenue[22] - Total operating revenue for Q1 2022 reached ¥252,580,058.94, an increase from ¥242,580,865.10 in Q1 2021, representing a growth of approximately 4.14%[41] - Total operating costs for Q1 2022 were ¥222,290,491.28, compared to ¥216,248,697.75 in Q1 2021, indicating an increase of about 2.01%[41] - Net profit for Q1 2022 was ¥23,382,084.00, slightly up from ¥23,286,347.17 in Q1 2021, reflecting a growth of approximately 0.41%[43] - The total comprehensive income for the period was 19,676,624.01, compared to 19,430,807.55 in the previous period, reflecting a slight increase[46] Assets and Liabilities - Total assets as of March 31, 2022, reached ¥1,148,994,715.63, an increase of 3.94% compared to the end of the previous year[14] - Total current assets as of March 31, 2022, amounted to ¥1,004,124,582.50, an increase from ¥964,267,121.75 as of December 31, 2021, representing a growth of approximately 4%[33] - Total liabilities increased to ¥277,236,043.54 as of March 31, 2022, from ¥257,065,210.47 at the end of 2021, marking a growth of about 7.5%[35] - The company's debt-to-asset ratio (consolidated) was 24.13%, up from 23.25% at the end of the previous year[14] - The company's total liabilities increased to ¥197,228,211.15 in the latest reporting period from ¥188,078,843.03, marking an increase of about 4.09%[39] - Total equity attributable to shareholders reached ¥871,758,672.09 as of March 31, 2022, compared to ¥848,376,588.09 at the end of 2021, showing an increase of approximately 2.8%[35] - Total equity rose to ¥826,422,163.44 from ¥806,745,539.43, showing an increase of approximately 2.09%[39] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥102,455,648.13, worsening by 22.23% compared to the previous year[14] - Cash inflows from operating activities totaled 220,550,414.75, slightly down from 223,009,554.92 in the previous year[47] - The net cash flow from operating activities was -102,455,648.13, worsening from -83,822,071.83 year-over-year[47] - Cash inflows from investment activities amounted to 100,618,692.09, significantly higher than 3,240.00 in the previous year[48] - The net cash flow from investment activities was 42,565,912.08, compared to -3,763,286.00 in the previous year, showing a positive turnaround[48] - Cash inflows from financing activities were 40,501,737.60, up from 32,237,012.82 in the previous year[48] - The net cash flow from financing activities increased to 37,464,400.10 from 26,328,358.48 year-over-year[48] - The ending cash and cash equivalents balance was 62,259,536.13, compared to 42,981,376.45 in the previous year, indicating improved liquidity[48] - The company reported a net decrease in cash and cash equivalents of -22,425,335.95, an improvement from -61,256,999.35 in the previous year[48] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,029[19] - Basic earnings per share for Q1 2022 was ¥0.22, down from ¥0.28 in Q1 2021, indicating a decrease of about 21.43%[43] - The basic earnings per share decreased to 0.18 from 0.23, indicating a decline in profitability[46] Other Information - The company has not undergone any significant changes in accounting policies or errors in accounting corrections during the reporting period[18] - The company has provided external guarantees totaling 19,080,000, with a remaining balance of 4,727,800[28] - The company has assets with restrictions totaling 19,099,421.23, accounting for 1.66% of total assets[29] - The company has no outstanding commitments or violations of commitments during the reporting period[28] - The company has no significant litigation or arbitration matters that meet the disclosure standards[26] - The company has not implemented any profit distribution or capital increase from reserves during the reporting period[30] - The company has not provided any loans to external parties during the reporting period[25] - The company has not engaged in any significant related party transactions during the reporting period[25] - The company has not conducted any share repurchase activities during the reporting period[25] - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[40] - Research and development expenses for Q1 2022 were ¥5,246,425.50, compared to ¥5,916,684.25 in Q1 2021, reflecting a decrease of approximately 11.29%[42] - The company reported a credit impairment loss of ¥-2,626,877.49 in Q1 2022, a significant change from a gain of ¥2,415,441.60 in Q1 2021[42] - The company’s long-term investments remained stable, with long-term equity investments at ¥314,879,329.54 as of March 31, 2022, slightly up from ¥313,379,329.54 at the end of 2021[38]
禾昌聚合(832089) - 2022 Q1 - 季度财报