BIRD(SH:600130)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥129,498,830.68, a decrease of 40.56% compared to the same period last year[6] - Total operating revenue for Q1 2022 was ¥129.50 million, a decrease of 40.5% compared to ¥217.85 million in Q1 2021[21] - Total operating costs for Q1 2022 were ¥130.99 million, down 37.9% from ¥210.65 million in Q1 2021[21] - Net profit for Q1 2022 reached ¥8.45 million, an increase of 31.2% from ¥6.44 million in Q1 2021[22] - The net profit attributable to shareholders was ¥5,529,392.34, an increase of 75.79% year-on-year[6] - The company reported a total comprehensive income of ¥8.47 million for Q1 2022, compared to ¥6.28 million in Q1 2021, reflecting a growth of 35%[22] Cash Flow and Liquidity - The net cash flow from operating activities was ¥45,458,071.72, reflecting a significant increase of 178.79%[6] - Operating cash flow for Q1 2022 was ¥45.46 million, significantly higher than ¥16.31 million in Q1 2021, marking an increase of 178.5%[24] - Cash and cash equivalents decreased to CNY 262,104,075.00 from CNY 383,526,370.20, representing a decline of approximately 31.7%[16] - Cash and cash equivalents decreased by ¥121.01 million in Q1 2022, compared to a decrease of ¥138.95 million in Q1 2021[24] - The company experienced a foreign exchange impact of -¥469,561.42 on cash and cash equivalents in Q1 2022[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,203,560,920.82, a decrease of 2.40% from the end of the previous year[7] - As of March 31, 2022, the total assets of Ningbo Baidu Co., Ltd. amounted to CNY 1,203,560,920.82, a decrease from CNY 1,233,195,014.65 as of December 31, 2021, reflecting a decline of approximately 2.4%[17] - The company's current assets totaled CNY 930,105,156.86, down from CNY 958,986,881.85, indicating a decrease of about 3.0%[16] - The company's total liabilities were CNY 179,146,058.85, down from CNY 213,089,627.97, showing a reduction of about 16.0%[17] - The total equity attributable to shareholders was CNY 986,563,754.23, slightly increasing from CNY 981,007,502.03, reflecting a growth of approximately 0.6%[17] - The company’s total liabilities to equity ratio improved to approximately 0.18 from 0.21, indicating a strengthening of the company's financial position[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 63,633[12] - The largest shareholder, Bowei Technology Group Co., Ltd., holds 16.40% of the shares, with 79,500,000 shares pledged[12] Earnings and Expenses - Basic earnings per share were ¥0.007, up by 75.00% compared to the previous year[7] - Basic and diluted earnings per share for Q1 2022 were both ¥0.007, up from ¥0.004 in Q1 2021[22] - The company’s research and development expenses for Q1 2022 were ¥4.66 million, an increase from ¥4.04 million in Q1 2021[21] Other Income - The company reported a significant increase in other income by 74.11%, primarily due to increased government subsidies[10] - The company experienced a 178.79% increase in net cash flow from operating activities, attributed to the recovery of receivables and reduced cash payments for goods[10]