Financial Performance - Revenue for the first quarter of 2022 was CNY 134,395,716.55, representing a decrease of 8.24% from CNY 146,467,698.09 in the same period last year[18]. - Net profit attributable to shareholders for the first quarter of 2022 was CNY 5,032,894.30, down 48.27% from CNY 9,729,882.49 year-on-year[18]. - Basic earnings per share decreased by 57.47% to CNY 0.07 from CNY 0.17 in the same period last year[18]. - The company's net profit after deducting non-recurring gains and losses fell by 56.80% due to reduced sales and increased financial costs[20]. - The decrease in net profit was primarily attributed to a reduction in sales revenue by CNY 12,072,000, mainly from foreign customers[19]. - Total operating revenue for Q1 2022 was CNY 134,395,716.55, a decrease of 8.3% compared to CNY 146,467,698.09 in Q1 2021[45]. - Net profit for Q1 2022 was CNY 5,032,894.30, a decline of 48.3% from CNY 9,729,882.49 in Q1 2021[46]. - The total profit for Q1 2022 was CNY 5,957,614.65, down 3.8% from CNY 6,194,587.76 in Q1 2021[49]. Cash Flow - The company's net cash flow from operating activities for the first quarter was CNY 9,600,679.61, a decline of 12.25% compared to CNY 10,940,616.60 in the previous year[18]. - Cash flow from operating activities for Q1 2022 was CNY 9,600,679.61, a decrease of 12.3% from CNY 10,940,616.60 in Q1 2021[51]. - Cash flow from financing activities for Q1 2022 was CNY 10,924,240.39, a decrease of 61.5% compared to CNY 28,438,216.39 in Q1 2021[52]. - Cash inflow from financing activities amounted to $13,121,826.55, significantly lower than $30,000,000.00 in the prior period[55]. - The net cash flow from financing activities was $11,565,509.59, down from $29,542,875.00 in the previous period[55]. Assets and Liabilities - Total assets as of March 31, 2022, reached CNY 478,849,574.70, an increase of 5.71% compared to CNY 453,001,449.31 at the end of the previous year[18]. - Total liabilities were CNY 146,786,316.00, up from CNY 126,061,463.13, reflecting an increase of approximately 16.5%[39]. - The total liabilities to total assets ratio (consolidated) increased to 30.65% from 27.83% at the end of the previous year[18]. - Current liabilities totaled CNY 143,667,979.48, up 10.7% from CNY 129,726,137.58 in the previous period[43]. - Short-term borrowings rose to CNY 31,204,078.66 from CNY 18,021,175.00, indicating an increase of about 73.1%[38]. Shareholder Information - The largest shareholder, Huang Huachao, holds 21,500,000 shares, representing 30.89% of the total shares[26]. - The second largest shareholder, Cai Xiuying, holds 10,154,331 shares, representing 14.59% of the total shares[26]. - The total number of shareholders holding common stock is 4,951[24]. - The total number of unrestricted shares increased from 17,815,235 (25.59%) to 20,458,713 (29.39%) during the period[24]. - The total number of restricted shares decreased from 51,797,809 (74.41%) to 49,154,331 (70.61%) during the period[24]. - The total number of shares held by the top ten shareholders is 55,385,564, representing 79.57% of the total shares[26]. Other Financial Information - The company has provided guarantees for financing totaling 50,000,000 RMB, 20,000,000 RMB, and 100,000,000 RMB among others, with various guarantee periods extending to 2024[31]. - The company has no ongoing litigation or arbitration matters during the reporting period[29]. - The company has not provided any external guarantees or loans during the reporting period[29]. - The company did not implement any profit distribution or capital increase from reserves during the reporting period[34]. - The company has not disclosed any new product or technology developments in the current report[34]. - Research and development expenses for Q1 2022 were CNY 3,115,268.64, slightly down from CNY 3,294,111.82 in Q1 2021[46].
美之高(834765) - 2022 Q1 - 季度财报