Financial Performance - Operating revenue for the first quarter of 2022 was RMB 70,960,917.90, a decrease of 14.31% compared to RMB 82,810,226.06 in the same period last year[16][18] - Net profit attributable to shareholders dropped by 57.87% to RMB 6,054,975.54, mainly due to rising raw material costs and decreased revenue impacted by the pandemic[16][18] - Basic earnings per share fell by 66.67% to RMB 0.21, reflecting the decline in net profit[16][18] - Total revenue for Q1 2022 was CNY 70,960,917.90, a decrease of 14.4% compared to CNY 82,810,226.06 in Q1 2021[41] - Net profit for Q1 2022 was CNY 6,054,975.54, a decrease of 57.9% from CNY 14,372,821.74 in Q1 2021[43] - The company reported a total profit of CNY 6,424,317.01 for Q1 2022, down from CNY 16,575,107.72 in Q1 2021, a decline of 61.2%[43] - The net profit for the current period is 5,688,114.26, compared to 13,021,545.81 in the previous period, indicating a decrease of approximately 56.2%[46] - Basic and diluted earnings per share are both 0.20, down from 0.57 in the previous period, reflecting a decline of about 64.9%[46] Assets and Liabilities - Total assets increased by 43.17% year-on-year, reaching RMB 531,115,690.31 as of March 31, 2022, primarily due to fundraising of RMB 177 million from the listing on the Beijing Stock Exchange[16][18] - Current assets totaled ¥337,296,757.08, up from ¥192,104,984.22, indicating a significant increase of about 75.5%[34] - Non-current assets reached ¥193,818,933.23, compared to ¥178,856,715.74, reflecting an increase of approximately 8.4%[35] - Total liabilities decreased to ¥112,122,936.31 from ¥119,808,800.82, showing a reduction of about 6.4%[36] - Shareholders' equity rose to ¥418,992,754.00 from ¥251,152,899.14, marking an increase of approximately 66.8%[36] - The total liabilities and equity reached CNY 514,105,374.12 in 2022, compared to CNY 351,179,926.77 in 2021, indicating a growth of 46.4%[40] Cash Flow - Net cash flow from operating activities improved by 73.21%, amounting to RMB -3,833,890.71, due to reduced cash payments for goods and services[16][18] - Cash inflow from operating activities totaled 64,612,725.76, an increase from 61,800,377.15, representing a growth of approximately 2.6%[49] - Cash outflow from operating activities was 68,446,616.47, down from 76,109,963.01, showing a decrease of about 10.9%[49] - The net cash flow from operating activities is -3,833,890.71, an improvement from -14,309,585.86 in the previous period[49] - Cash flow from investing activities resulted in a net outflow of -16,612,532.22, worsening from -8,464,462.50 previously[49] - Cash flow from financing activities generated a net inflow of 161,960,818.80, compared to a net outflow of -774,556.93 in the previous period[49] - The total cash and cash equivalents at the end of the period increased to 195,089,818.39 from 42,320,296.01, marking a significant rise[49] - The company received 163,321,075.73 in cash from investment activities, indicating strong financing support[50] Shareholder Information - The company’s registered capital is RMB 32,235,145, with its main operations located in Nanjing, Jiangsu Province[14] - The total share capital increased from 22,765,700 shares to 32,235,145 shares after the company's listing on January 18, 2022[31] - The number of shareholders holding more than 5% of shares includes Qin Wenping with 27.91% (8,997,000 shares) and Zhang Yujun with 24.80% (7,994,100 shares)[24] - The company has a total of 5,089 common shareholders[23] - The total shares held by the top ten shareholders account for 71.25% of the total shares, with a total of 22,970,047 shares[26] - The company is actively managing its shareholder relationships, with family ties among some major shareholders[26] Compliance and Governance - The company reported no significant litigation or arbitration matters during the reporting period[30] - There were no external guarantees or loans provided to shareholders or related parties during the reporting period[30] - The company has complied with all disclosure obligations regarding major transactions and commitments[30] - The company has not engaged in any share buyback activities during the reporting period[30] - The company has successfully completed its listing process, increasing its total share capital significantly[31] Research and Development - Research and development expenses for Q1 2022 were CNY 3,827,603.54, an increase of 32.5% compared to CNY 2,889,517.84 in Q1 2021[41]
沪江材料(870204) - 2022 Q1 - 季度财报