Financial Performance - The company's operating revenue for the first quarter was CNY 279,765,054.92, representing a year-on-year increase of 13.18%[8]. - The net profit attributable to shareholders of the listed company was CNY -1,250,153.46, with no applicable percentage change due to losses[9]. - The net cash flow from operating activities was CNY -42,316,254.26, indicating a significant cash outflow[11]. - The basic earnings per share were CNY -0.01, unchanged from the previous period[12]. - The weighted average return on equity increased by 0.27 percentage points to -0.24%[14]. - The net profit for Q1 2022 was reported at -¥2,935,092.73, an improvement from -¥4,632,388.86 in Q1 2021, indicating a reduction in losses of approximately 36.5%[53]. - Total comprehensive income for Q1 2022 was -2,935,092.73 RMB, an improvement from -4,632,388.86 RMB in Q1 2021[57]. - The comprehensive income attributable to the parent company for Q1 2022 was -1,250,153.46 RMB, compared to -4,279,724.70 RMB in Q1 2021[57]. - Basic and diluted earnings per share for Q1 2022 remained at -0.01 RMB, consistent with Q1 2021[57]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,580,028,000.69, reflecting a 0.74% increase from the previous year[17]. - The equity attributable to shareholders of the listed company decreased by 0.18% to CNY 676,405,461.38[18]. - As of March 31, 2022, the total current assets amounted to RMB 723,345,339.87, an increase from RMB 707,129,818.70 as of December 31, 2021, representing a growth of approximately 2.9%[39]. - The company’s long-term liabilities rose to ¥93,514,747.56 as of March 31, 2022, compared to ¥70,307,047.56 at the end of 2021, representing an increase of approximately 33.0%[45]. - The total liabilities increased to ¥621,551,046.08 from ¥607,036,710.16, which is an increase of about 2.5%[45]. - Current liabilities decreased to ¥528,036,298.52 from ¥536,729,662.60, representing a reduction of about 1.3%[43]. Cash Flow - Cash inflow from operating activities in Q1 2022 was 240,857,736.64 RMB, a decrease from 250,369,171.06 RMB in Q1 2021[59]. - Cash outflow from operating activities in Q1 2022 totaled 296,936,183.21 RMB, slightly higher than 290,833,808.54 RMB in Q1 2021[62]. - Net cash flow from operating activities for Q1 2022 was -42,316,254.26 RMB, worsening from -15,817,719.28 RMB in Q1 2021[62]. - Net cash flow from investing activities in Q1 2022 was 8,712.00 RMB, up from 1,248.00 RMB in Q1 2021[61]. - Net cash flow from financing activities for Q1 2022 was 32,416,820.00 RMB, a significant improvement from -13,029,889.98 RMB in Q1 2021[68]. - The ending cash and cash equivalents balance for Q1 2022 was 87,878,037.06 RMB, down from 238,123,553.06 RMB in Q1 2021[71]. - The company reported a decrease in cash and cash equivalents of -17,898,726.66 RMB in Q1 2022, compared to -40,943,983.77 RMB in Q1 2021[70]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 60,682[29]. - The largest shareholder, Beijing Jingcheng Machinery Holdings Limited, holds 50.67% of the shares[30]. Strategic Initiatives - The company is in the process of acquiring 80% equity in Qingdao Beiyang Tianqing Intelligent Co., Ltd. to enhance its operational sustainability and profitability[35]. - The company received conditional approval from the M&A Committee of the China Securities Regulatory Commission for its asset purchase and fundraising plan[37]. - The company plans to continue advancing its asset purchase and fundraising initiatives despite previous setbacks in regulatory approvals[37]. - The company is committed to timely information disclosure regarding the progress of its asset acquisition and fundraising activities[37]. Research and Development - Research and development expenses increased to ¥7,830,234.46 in Q1 2022 from ¥4,685,582.61 in Q1 2021, reflecting a growth of about 67.5%[51].
京城机电股份(00187) - 2022 Q1 - 季度财报