Financial Performance - Operating revenue for the first quarter of 2022 was RMB 42,635,378.79, a significant increase of 361.49% year-on-year[14]. - Net profit attributable to shareholders for the first quarter of 2022 was RMB 3,590,429.66, representing a 192.14% increase compared to the same period last year[14]. - Basic earnings per share for the first quarter of 2022 was RMB 0.05, compared to a loss of RMB 0.06 in the same period last year, marking an increase of 183.33%[14]. - The company reported a total current assets of CNY 178,029,595.70 as of March 31, 2022, down from CNY 191,829,132.48 on December 31, 2021, representing a decrease of approximately 7%[42]. - The company's cash and cash equivalents decreased to CNY 19,567,735.97 from CNY 60,062,835.82, indicating a significant decline of about 67%[42]. - The net profit for Q1 2022 was 5,779,663.96, a significant recovery from a net loss of -3,969,631.46 in the same period last year[52]. - The total comprehensive income for Q1 2022 was 5,779,663.96, recovering from a comprehensive loss of -3,969,631.46 in the previous year[52]. Assets and Liabilities - Total assets as of March 31, 2022, reached RMB 359,822,320.81, an increase of 4.63% compared to the end of the previous year[14]. - The total equity attributable to shareholders increased to RMB 247,482,309.56, up 1.47% from the end of the previous year[14]. - The company's debt-to-asset ratio (consolidated) was 28.12%, up from 26.59% at the end of the previous year[14]. - Current liabilities rose to CNY 94.62 billion, compared to CNY 84.31 billion, reflecting an increase of approximately 12.8%[43]. - Total liabilities increased to CNY 101.19 billion from CNY 91.43 billion, indicating a growth of around 10.9%[44]. - Shareholders' equity reached CNY 258.64 billion, up from CNY 252.46 billion, which is an increase of about 2.5%[44]. Cash Flow - The net cash flow from operating activities improved to -RMB 8,740,921.65, a 61.70% reduction in losses compared to the previous year[14]. - Operating cash inflow for Q1 2022 was CNY 26,601,952.05, a significant increase from CNY 9,745,855.73 in Q1 2021, representing a growth of approximately 173.5%[57]. - Net cash outflow from operating activities for Q1 2022 was CNY -8,740,921.65, an improvement compared to CNY -22,819,372.80 in Q1 2021, indicating a reduction in losses by about 61.7%[57]. - Investment cash outflow for Q1 2022 totaled CNY 39,464,833.74, compared to CNY 11,197,374.00 in Q1 2021, reflecting an increase of approximately 253.5%[58]. - Net cash flow from financing activities in Q1 2022 was CNY 2,710,655.54, down from CNY 6,519,500.00 in Q1 2021, a decline of about 58.5%[58]. Shareholder Information - The largest shareholder, Shenzhen Yixing Jian Investment Co., Ltd., holds 43.43% of the shares, totaling 32,157,800 shares[22]. - The second-largest shareholder, Li Youjia, holds 5.23% of the shares, totaling 3,870,000 shares[22]. - The total number of shares held by the top ten shareholders accounts for a significant portion of the company's equity, with the top three alone holding over 52%[22]. - The company has a total of 52,700,933 shares, with 70.45% of them being held by the top shareholders[23]. - The company has maintained a stable shareholder structure with no significant changes in shareholding percentages during the reporting period[22]. Commitments and Compliance - The company has made commitments to avoid any direct or indirect competition with its main business activities in China[28]. - The company has committed to effective use of raised funds to enhance operational and profitability capabilities[32]. - The company promises to adhere to its profit distribution policy and consider the opinions of independent directors and public investors[34]. - The controlling shareholder will not reduce their shareholdings during the stock issuance process and for 12 months after listing[34]. - The company has committed to compensating any losses incurred by investors due to false statements or omissions in the public offering documents[37]. Operational Highlights - The increase in operating revenue was primarily driven by a significant rise in sales of polyurethane film products[16]. - Research and development expenses for Q1 2022 were 3,390,881.00, up from 2,804,925.46 in Q1 2021, reflecting an increase of approximately 20.9%[51]. - The company incurred a credit impairment loss of -1,235,517.62 in Q1 2022, compared to -23,722.59 in Q1 2021, showing a significant increase in losses[51]. - The company has not engaged in any significant related party transactions during the reporting period[26]. - The company has ensured compliance with confidentiality obligations and has not faced penalties related to information disclosure[37].
通易航天(871642) - 2022 Q1 - 季度财报