Financial Performance - Total revenue for Q1 2022 reached RMB 94.36 million, an increase of 35.64% compared to RMB 69.56 million in Q1 2021[17] - Net profit attributable to shareholders was RMB 13.95 million, up 12.89% from RMB 12.36 million in the same period last year[17] - Basic earnings per share fell by 65.39% to RMB 0.1524, attributed to an increase in the number of shares outstanding[17] - Total operating revenue for Q1 2022 reached ¥94,356,081.49, a significant increase from ¥69,563,686.12 in Q1 2021, representing a growth of approximately 35.6%[92] - Net profit for Q1 2022 was ¥13,953,657.24, up from ¥12,360,945.20 in Q1 2021, reflecting a growth of approximately 12.9%[94] - The company reported a total profit of ¥16,265,268.86 for Q1 2022, compared to ¥14,554,342.52 in Q1 2021, showing an increase of approximately 11.7%[93] - Total comprehensive income increased to ¥12,280,837.45 from ¥11,464,700.78, reflecting a growth of approximately 7.1%[98] Cash Flow and Assets - Operating cash flow decreased by 30.65% to RMB 3.02 million, primarily due to increased inventory to mitigate production and delivery impacts from the pandemic[17] - Cash inflow from operating activities reached ¥111,702,985.86, up from ¥75,182,666.83, representing a growth of about 48.5%[99] - Net cash flow from operating activities was ¥3,018,286.00, a decrease of 30.6% compared to ¥4,352,027.91 in the previous year[99] - Cash and cash equivalents decreased to CNY 120,389,869.94 from CNY 157,944,443.13, a decrease of about 23.7%[84] - Cash and cash equivalents at the end of the period stood at ¥116,883,608.02, down from ¥155,621,538.20, indicating a decrease of approximately 24.9%[101] - The company reported a decrease in cash and cash equivalents to ¥120,923,148.16 from ¥153,517,129.95, a decline of approximately 21.2%[104] Assets and Liabilities - Total assets as of March 31, 2022, were RMB 485.58 million, a decrease of 4.89% from RMB 510.57 million at the end of 2021[15] - Total liabilities decreased to CNY 74,131,013.74 from CNY 113,071,342.19, a reduction of about 34.5%[86] - Total equity increased to CNY 411,452,180.17 from CNY 397,498,522.93, an increase of approximately 3.5%[86] - Total non-current assets increased to CNY 144,339,858.62 from CNY 128,224,434.26, an increase of approximately 12.6%[85] Shareholder Information - The largest shareholder, Zhou Yan, holds 40,833,600 shares, representing 44.60% of the total shares[23] - Zhang Yu Xia, the second-largest shareholder, owns 18,820,080 shares, accounting for 20.55%[23] - The total shares held by the top ten shareholders amount to 70,712,604, which is 77.23% of the total shares[24] Commitments and Compliance - The company has not engaged in any external guarantees or loans during the reporting period[28] - The company has fulfilled its previously disclosed commitments regarding public offerings[29] - The company’s major shareholders will bear joint liability for any economic losses caused by fund occupation[31] - The company guarantees that the public offering prospectus and other disclosure materials do not contain false records, misleading statements, or major omissions, and will bear legal responsibility for their authenticity, accuracy, and completeness[60] - The company commits to strictly adhering to the profit distribution policy approved by the shareholders' meeting and will be liable for any losses caused by violations of this commitment[54] Profit Distribution Policy - The company has established a profit distribution policy that emphasizes stable and reasonable returns to investors, considering factors like profitability and cash flow[50] - The company will prioritize cash dividends over stock dividends in its profit distribution methods[50] - The company will distribute at least 10% of the distributable profits in cash dividends if conditions are met, and the cumulative cash dividends over the last three years must be no less than 30% of the average annual distributable profits during that period[51] - The company aims to conduct profit distributions annually, barring negative net profits or accumulated undistributed profits[52] Related Party Transactions - Daily related party transactions have been executed as planned, with timely disclosures made[28] - The actual controllers of the company have pledged to reduce and regulate related party transactions, ensuring full disclosure of any such transactions as required by law[68] - The company guarantees that any necessary related party transactions will adhere to market principles and fair pricing, with strict compliance to legal and procedural requirements[70] Regulatory Compliance - The company has not been subject to any investigations or penalties[28] - There are no significant litigation or arbitration matters reported during the reporting period[28] - The company has actively rectified issues related to improper bill usage and has cleared instances of fund transfers, ensuring compliance with relevant laws[75] Future Plans and Strategies - The company committed to enhancing its main business profitability by optimizing production and reducing costs to achieve stable growth in operating performance[47] - The company plans to strictly manage the raised funds from the public offering to improve efficiency and accelerate project construction for expected benefits[47] - The company will enhance its market competitiveness through projects that align with national industrial policies and trends[47]
吉冈精密(836720) - 2022 Q1 - 季度财报