万向德农(600371) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 74,144,767.95, representing a year-on-year increase of 1.43%[5] - Net profit attributable to shareholders for Q1 2022 reached CNY 41,835,474.71, a significant increase of 221.23% compared to the same period last year[5] - The basic earnings per share for Q1 2022 was CNY 0.14, reflecting a growth of 221.23% year-on-year[5] - Total revenue for Q1 2022 reached ¥74,144,767.95, an increase of 1.43% compared to ¥73,099,476.92 in Q1 2021[19] - Operating profit for Q1 2022 was ¥46,537,966.99, significantly up from ¥14,512,754.12 in Q1 2021, indicating a growth of 220.57%[19] - The company reported a total comprehensive income of 46,540,183.89 CNY for Q1 2022, compared to 14,633,835.20 CNY in Q1 2021, reflecting a growth of approximately 218.5%[20] Assets and Liabilities - The total assets at the end of Q1 2022 amounted to CNY 802,046,528.81, up 4.99% from the end of the previous year[6] - Total assets increased to ¥802,046,528.81 as of March 31, 2022, compared to ¥763,903,850.20 at the end of 2021, marking a growth of 5.88%[15] - Total liabilities decreased to ¥172,156,624.19 in Q1 2022 from ¥180,554,129.47 in Q1 2021, a reduction of 4.83%[16] - Cash and cash equivalents as of March 31, 2022, were ¥451,185,033.31, up from ¥412,772,467.13 as of December 31, 2021[14] - Total current assets as of March 31, 2022, were 186,406,109.43 CNY, slightly down from 186,993,748.92 CNY at the end of 2021[26] Cash Flow - The net cash flow from operating activities for Q1 2022 was CNY 10,162,566.18, showing a decrease of 32.40% compared to the previous year[5] - Cash flow from operating activities for Q1 2022 was 10,162,566.18 CNY, down from 15,033,507.17 CNY in Q1 2021, indicating a decrease of about 32.5%[22] - The net cash flow from investing activities for Q1 2022 was 28,250,000.00 CNY, compared to a negative cash flow of -910,300.00 CNY in Q1 2021, indicating a significant improvement[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,537[9] - The largest shareholder, Wanxiang San Nong Group Co., Ltd., held 48.76% of the shares[10] Investment and R&D - The company reported an investment income of ¥29,250,000.00 in Q1 2022, reflecting successful investment strategies[19] - Research and development expenses for Q1 2022 were ¥1,804,860.20, slightly up from ¥1,682,738.30 in Q1 2021, indicating continued investment in innovation[19] - The company achieved investment income of ¥63,000,000.00 in Q1 2022, indicating successful investment activities[33] Profitability Metrics - The company's net profit margin improved significantly, with operating profit margin rising due to lower operating costs[19] - Basic and diluted earnings per share for Q1 2022 were both 0.1430 CNY, compared to 0.0445 CNY in Q1 2021, reflecting an increase of approximately 221.3%[20] - The company recorded other income of ¥28,130.87 in Q1 2022, down from ¥109,757.56 in Q1 2021[30]