ZJGS(SH:600052)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 25,641,167.91, representing a significant increase of 650.28% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was CNY -25,565,351.97, which is not applicable due to the significant loss[4]. - The basic and diluted earnings per share were both CNY -0.03, reflecting a substantial decline in profitability[4]. - Total operating revenue for Q1 2022 reached ¥25,641,167.91, a significant increase of 650.1% compared to ¥3,417,556.42 in Q1 2021[18]. - The net loss for Q1 2022 was ¥25,372,254.71, worsening from a net loss of ¥2,772,974.73 in Q1 2021[19]. - The basic and diluted earnings per share for Q1 2022 were both -¥0.03, compared to -¥0.003 in Q1 2021[19]. Cash Flow - The net cash flow from operating activities was CNY 44,228,007.75, indicating a positive cash flow situation[4]. - Operating cash flow for Q1 2022 was positive at ¥44,228,007.75, a turnaround from a negative cash flow of ¥246,116,138.72 in Q1 2021[21]. - The company generated cash inflows from operating activities totaling ¥82,536,953.11 in Q1 2022, compared to ¥45,216,092.26 in Q1 2021[21]. - The net cash flow from financing activities in Q1 2022 was ¥54,832,698.38, compared to ¥49,705,523.90 in Q1 2021[22]. - Cash and cash equivalents at the end of Q1 2022 totaled ¥1,357,665,104.74, up from ¥109,677,453.83 at the end of Q1 2021[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,581,692,529.03, a decrease of 1.47% from the previous year[4]. - As of March 31, 2022, the total assets of the company amounted to ¥3,581,692,529.03, a decrease from ¥3,635,116,599.27 as of December 31, 2021, representing a decline of approximately 1.5%[14]. - The company's total current assets were ¥1,905,510,877.19, slightly down from ¥1,925,606,115.26 at the end of 2021, indicating a decrease of about 1.1%[14]. - The total non-current assets were reported at ¥1,676,181,651.84, down from ¥1,709,510,484.01, reflecting a decrease of approximately 1.9%[15]. - The total liabilities of the company were ¥209,662,689.76, a decrease from ¥237,714,505.29, showing a reduction of about 11.8%[16]. - The total equity attributable to shareholders was ¥3,314,350,804.35, down from ¥3,339,916,156.32, indicating a decrease of approximately 0.8%[16]. Operational Issues - The company reported a significant increase in revenue due to the acquisition of Zhejiang Zhenglan Energy Technology Co., Ltd., which expanded the scope of consolidation[5]. - The company has provided guarantees for debts totaling CNY 34,792.14 million, which have already expired[11]. - The company is facing overdue financing issues totaling CNY 178.8 million across multiple banks, which may impact future operations[11]. Other Financial Metrics - The weighted average return on net assets was -0.77%, a decrease of 0.69 percentage points from the previous year[4]. - Cash and cash equivalents stood at ¥1,654,593,969.19, compared to ¥1,632,211,948.72 at the end of 2021, marking an increase of about 1.4%[14]. - Accounts receivable increased to ¥66,899,597.37 from ¥42,032,890.30, representing a significant rise of approximately 59.0%[14]. - The company reported inventory of ¥22,485,311.39, a slight increase from ¥22,186,006.30, reflecting an increase of about 1.4%[15]. - The company's short-term borrowings remained stable at ¥15,022,208.33, compared to ¥15,026,097.22 at the end of 2021[15]. - The company’s retained earnings were reported at ¥1,998,472,196.56, down from ¥2,024,037,548.53, indicating a decrease of approximately 1.3%[16]. - Total operating costs amounted to ¥29,638,791.99, compared to a negative cost of ¥854,088.81 in the same period last year[18]. - Research and development expenses for Q1 2022 were ¥688,985.62, slightly up from ¥663,892.62 in Q1 2021[18]. - The company reported an investment income of ¥647,449.39 in Q1 2022, compared to a loss of ¥369,977.48 in Q1 2021[18].